Thursday, December 6, 2012

US Department of Energy seeks to increase renewable energy production on American Indian lands

US Department of Energy seeks to increase renewable energy production on American Indian lands

06.12.2012: During the recent White House Tribal Nations Conference, the US Department of Energy (DOE) announced two new initiatives aimed at increasing renewable energy production and sustainable economic development on American Indian tribal lands. Under the first initiative, DOE facilities, when purchasing power, will give preferential treatment to renewable energy projects that are majority owned by tribal nations. This means that DOE facilities will purchase power and renewable energy certificates from tribal-owned renewable energy projects before they purchase power from other commercial projects as long as the cost is no more than the prevailing market rate. This procurement policy, along with recent regulations that cut red tape for tribal energy development, are expected to spur development of wind and solar energy projects on American Indian land. Under the second initiative, the DOE will create new training and education resources to help American Indian tribal nations develop local renewable energy projects. This initiative will also help tribal nations find financing for renewable energy projects. Source: US Department of Energy

http://www.energy.gov

http://energy.gov/articles/energy-department-issues-tribal-renewable-e
nergy-purchase-guidance-and-project-development

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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