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Forty years after enactment: How will PURPA evolve?May 3, 2019
The Public Utility Regulatory Policies Act of 1978 (PURPA) was enacted Nov. 9, 1978, to promote energy conservation (reduce demand) and promote greater use (increase supply) of domestic energy and renewable energy resources in response to the 1973 energy crisis. Much has changed in the last 40 years, including the evolution of organized wholesale electricity markets and policies that promote competition through open access transmission service. Incentives, such as the federal investment and production tax credits, and mandates, such as renewable portfolio standards, have stimulated development of
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