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Interview: Debi Gerstel, Chief of Staff, Cleantech, PwC

Debi Gerstel discusses a potential 50% RPS in California, the EPA's Clean Power Plan and her expectations for this year's REFF West.

What would you say are the key issues confronting the renewable energy community at the moment?

Rising interest rates, a questionable future for incentives (including the ITC), and lack of confidence in the sector from the equity markets.  This last one is driving down stock prices and driving up the cost of capital for YieldCos.

How do you see renewables developing in the next five years in California and more broadly in the USA?

Successful companies will need to be relentless in their cost cutting efforts to remain competitive.  Things like a potential 50% RPS in California and the EPA's Clean Power Plan will support further renewable energy development, but only if the costs are reasonable.

What are your expectations from REFF West this coming November?

I hope to see companies discussing their plans for: how they plan to manage a large pipeline of projects that must be completed before the ITC expires as well as how they will manage in a post-ITC, higher interest rate environment.


You can hear more from Debi at the 8th Renewable Energy Finance Forum - West on November 5 - 6 in San Francisco.

This content is provided by Euromoney Seminars for informational purposes only, and it reflects the market and industry conditions and presenter’s opinions and affiliations available at the time of the presentation.