Stimulus' Renewables Directive an Early Test for US Interior under Biden
S&P Global draws on the expertise of Future of Power Initiative Director Karen Palmer while discussing renewable energy potential on federal land.
"Permitting issues aside, the 25 GW goal will also require significantly more transmission capacity, said Karen Palmer, a senior fellow and director of the Future of Power Initiative at Resources for the Future, an independent research organization.
'Because a lot of the costs of renewables are basically capital costs, there needs to be some revenue assurance to get those projects built, and what you need for revenue assurance is customers and to get to the customers you need transmission,' Palmer said. 'Federal lands are pretty far from the grid.'"
