Developers aiming to use emerging clean energy technologies face myriad challenges, chief among them is finding the capital to get a new power plant in the ground. In a white paper released today, The California Clean Energy Fund (CalCEF) is proposing a suite of new private insurance instruments and policy frameworks to help address this issue.
The paper examines the ways in which insurance can help to reduce the cost and increase the availability of financing for power generation projects that use emerging clean energy technologies, and details new insurance products and policy solutions that could reduce the cost of developing energy projects using new technologies by 10-20%.
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