Factsheet: Renewable Energy resources

Renewable Energy resources

Key Information
Full name of Instrument & Measure (English): 
Renewable Energy resources 366/91
Description: 
The Legislature finds that it is in the public interest to promote the development of renewable energy resources in this state. Renewable energy resources have the potential to help diversify fuel types to meet Florida’s growing dependency on natural gas for electric production, minimize the volatility of fuel costs, encourage investment within the state, improve environmental conditions, and make Florida a leader in new and innovative technologies. Payment provisions for energy and capacity which are based upon the utility’s full avoided costs.
Goal/Aim: 
Support production of renewable electricity. Support investments in biomass electricty systems.

Sector/Topic targeted:

Responsible Authority: 
The Florida Senate

Status:

Trade Relevance: 
Policies stimulating domestic use of biomass => availability for export
Year Instrument & Measure Started: 
2006
Year Last Instrument & Measure was last Amended: 
2011