12-28-2013, 06:05 AM
This also may be the reason the geothermal contract awards were delayed
"The PUC also said in a section of their decision entitled “Ratepayers Are Not Required to Ensure the Development of Biofuel Projects That Do Not Provide Them with Quantifiable Benefits” that “ratepayers should not be required to “ensure the economic returns [that are] necessary to attract project financing” for the construction and development of AKP’s bio-refinery on the island of Hawaii to produce and supply biofuel for the generation of electricity."
http://www.bigislandvideonews.com/2013/1...puc-again/
another good (much better) read.
I'm no lawyer - but my gut feeling is this is a huge ruling
"The PUC also said in a section of their decision entitled “Ratepayers Are Not Required to Ensure the Development of Biofuel Projects That Do Not Provide Them with Quantifiable Benefits” that “ratepayers should not be required to “ensure the economic returns [that are] necessary to attract project financing” for the construction and development of AKP’s bio-refinery on the island of Hawaii to produce and supply biofuel for the generation of electricity."
http://www.bigislandvideonews.com/2013/1...puc-again/
another good (much better) read.
I'm no lawyer - but my gut feeling is this is a huge ruling