http://cleantechnica.com/2011/08/26/new-jersey-and-pennsylvania-solar-markets-facing-short-term-pain/ Clean Tech News & Views: Solar Energy News. Wind Energy News. EV News. & More. Mon, 29 Dec 2014 16:36:00 +0000 hourly 1 http://wordpress.org/?v=4.0.1 http://cleantechnica.com/2011/08/26/new-jersey-and-pennsylvania-solar-markets-facing-short-term-pain/#comment-103668 Fri, 26 Aug 2011 21:19:00 +0000 http://cleantechnica.com/?p=29941#comment-103668 I couldn’t agree more that increasing the requirements doesn’t eliminate the problem of supply over-shooting demand. It simply pushes it out another year or so. To a certain extent the market is doing what it should as lower SREC prices should slow growth to some level of equilibrium. That said, the situation in Pennsylvania is unique and I don’t think that it corrects itself for a long time to come. Thanks to generous upfront rebates, Pennsylvania now has 125 MW of solar eligible for the program. If solar growth were to stop completely, the state would have nearly 3x the supply needed this coming year and almost 2x the supply needed in 2013. Barring any substantial legislative changes, it will be a long time before PA SRECs are worth much.

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