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Enabling Rural America to Capture the Values of Renewable Energy Projects

Authors
Disciplines
  • Ecology
  • Law

Abstract

Agricultural Outlook Forum Presented: March 1-2, 2007 Agricultural Outlook Forum Presented: February 21-22, 2008 U.S. Department of Agriculture Enabling Rural America to Capture the Value of Renewable Energy Projects Scott Thigpen Senior Associate, Booz Allen Hamilton Crystal City, VA February 22, 2008 Enabling Rural America to Capture the Value of Renewable Energy Projects This document is confidential and is intended solely for the use and information of the client to whom it is addressed. Discussion Document 1Filename/RPS Number Booz Allen was engaged by USDA to evaluate business models that enable rural America to maximize and retain the value of renewable energy projects �Existing and emerging business models used to finance and construct renewable energy projects �Barriers to greater participation by rural communities and farmers �Actions USDA can take to increase the “value capture” by rural communities and farmers from renewable projects �The paper considered only those resources capable of “utility scale” applications (rather than just on-farm applications) �Concentration was on business models that could be adopted by individual farms, farm cooperatives, or rural electric cooperatives �Business models analysis focused on those that offered greatest opportunity to capture value at each stage of the renewable energy value chain �Booz Allen’s analysis of the regulatory barriers concentrated primarily on those that could be overcome using market-oriented tools and did not rely on legislative or regulatory mandates. Key Topics Addressed Underlying Principles 2Filename/RPS Number The renewable energy market has demonstrated remarkable growth potential, particularly in biomass, solar and wind U.S. Wind Power Installations (MW/Year) U.S.

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