@misc{8d2adfa5f44947b69ad557634dfd29c9,
title = "Impact of Federal Tax Policy on Utility-Scale Solar Deployment Given Financing Interactions: NREL (National Renewable Energy Laboratory)",
abstract = "In this study, the authors conducted a literature review of approaches and assumptions used by other modeling teams and consultants with respect to solar project financing; developed and incorporated an ability to model the likely financing shift away from more expensive sources of capital and toward cheaper sources as the investment tax credit declines in the ReEDS model; and used the 'before and after' versions of the ReEDS model to isolate and analyze the deployment impact of the financing shift under a range of conditions. Using ReEDS scenarios with this improved capability, we find that this 'financing' shift would soften the blow of the ITC reversion; however, the overall impacts of such a shift in capital structure are estimated to be small and near-term utility-scale PV deployment is found to be much more sensitive to other factors that might drive down utility-scale PV prices.",
keywords = "investment tax credit (ITC), ITC reversion, photovoltaic, PV, ReEDS model, solar, sources of capital, utility-scale PV",
author = "Trieu Mai and Venkat Krishnan and Wesley Cole and Mark Bolinger",
year = "2015",
language = "American English",
series = "Presented as a Webinar for the U.S. Department of Energy (DOE)",
type = "Other",
}