Solar Auction Bust A Painful Policy Lesson For Feds

Law360, New York (November 1, 2013, 6:21 PM EDT) -- The Bureau of Land Management failed to receive a single bid during its first competitive solar development auction late last month, a result experts say forces the government to provide more long-term certainty about regulations and tax breaks in order to avoid another embarrassing result.

Market difficulties already make utility-scale solar projects much less appealing than they used to be, but the agency decided to go ahead with the sale after receiving more than two dozen inquiries and expressions of interest during a March solicitation. That...
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