Solar Energy Gets Boost From Richardson
Feb 27 - Albuquerque Journal
Solar energy research has been a constant at Albuquerque's Sandia National
Laboratories for 30 years, but real-life applications have been slow to
materialize. The biggest obstacle has been cost. While wind energy is finally
competitive with coal-generated electricity at about 5 cents per kilowatt-hour,
solar energy costs between 8 and 11 cents per kilowatt-hour.
Although that's dramatically cheaper than the 25 cents per kilowatt-hour rate
from some of the first solar plants built in the 1980s, utilities are
understandably reluctant to add the expensive energy to the mix.
That's where the state comes in. New Mexico regulators have established a
strong incentive for utilities to add solar energy to the grid. Every
kilowatt-hour of solar power now counts as 3 kilowatt-hours toward the 10
percent renewable energy mandate that large utilities must meet by 2011. The
most generous alternative energy incentive on the books, that should help spur
interest in the technology.
Richardson would up the ante by allocating $3 million in seed money for one
or more solar energy plants in New Mexico. Substantial private investment would
be necessary to make the project viable.
This has the potential to further diversify New Mexico's energy mix and
strengthen the state's already robust energy exports. New jobs and economic
development would be one benefit. Moving toward an energy source that is
virtually free of pollution would be another.
New Mexico should be on the front end of this emerging technology. This new
initiative makes the forecast for that possibility, well, sunny.