US Energy Secretary Steven Chu said he would like to see the country generate at least 20% of its electricity from renewable sources by 2020, and 50% or more by 2050.
But to do so will require states to enact robust renewable energy standards, as well as federal policies that guide the country towards clean energy, he said. Industry will also have to find a way for renewable generation to be cheaper than electricity generated from fossil fuels, so that such technologies will no longer require subsidies, he said. Chu also reiterated his call for increased science research funding.
Source: Platts (http://www.platts.com/RSSFeedDetailedNews/RSSFeed/ElectricPower/6634605)
But to do so will require states to enact robust renewable energy standards, as well as federal policies that guide the country towards clean energy, he said. Industry will also have to find a way for renewable generation to be cheaper than electricity generated from fossil fuels, so that such technologies will no longer require subsidies, he said. Chu also reiterated his call for increased science research funding.
Source: Platts (http://www.platts.com/RSSFeedDetailedNews/RSSFeed/ElectricPower/6634605)
