Press Mention Renewable Energy World Magazine June 2, 2009
SACE Quoted
Winning Dixie: Drawing In the Southeastern US
In this mention
This article examines the Southeast's resistance to a national renewable portfolio standard (RPS), driven by concerns about federal control, low electricity rates, and reliance on coal and nuclear power. Stephen Smith of the Southern Alliance for Clean Energy argues that renewable energy prices are declining and the Southeast underestimates its biomass, solar, and offshore wind potential. The article discusses how North Carolina has already adopted a state RPS, while Florida and West Virginia consider similar standards.
Long-term trend lines show renewable energy prices declining and nuclear and fossil fuel prices rising. Making an investment in technologies whose trend lines are going down is better for the economy.
Stephen A. Smith
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