Following the passage of the federal production tax credit (PTC) in 1992, renewable energy advocates have worked tirelessly to advance technology and policy for clean energy. Since then, energy generation, storage, and related technology have progressed. Costs have declined as business and financing models have matured. Investment in clean energy continues to develop as the capital markets show more interest and sophistication.
The critical ingredient that has remained missing is a bona fide, separately…
