Principal Solar Examines Solutions for the Texas Energy Shortage, Offers Guidance in Compelling White Paper
July 24 2012 - 9:39AM
Business Wire
Principal Solar, Inc. (PSI; OTC Pink: PSWW), a
publicly traded solar energy holding company executing a unique
roll-up strategy to create the world's first distributed solar
utility, today announced the release of its White Paper, “Solutions
for the Texas Energy Shortage.” Authored by Ron Seidel, PE, PSI
Board of Directors, the paper examines strategies for spurring
generation development to meet Texas’ growing energy demands.
“The market could be allowed to operate as designed, with no
caps, or sufficiently high caps,” says Seidel. “Another solution
involves a capacity market that operates to ensure that sufficient
generating capacity is available to meet peak loads.”
As a long-term solution, the impact of a shift from traditional
to solar power on the Texas economy could be significant.
Seidel adds, “Currently, without a capacity component in the
market, there is not sufficient financial incentive to encourage
building new power plants.”
About Principal Solar
Principal Solar, Inc. (PSI; OTC Pink: PSWW) is a publicly traded
solar energy holding company executing a unique roll-up strategy to
create the world's first distributed solar utility. PSI
concentrates its resources on the acquisition, finance,
development and management of solar power companies. The Principal
Solar Institute, an educational organization created by Principal
Solar, Inc., is dedicated to spreading solar knowledge to the
critical stakeholders in the ongoing energy debate. Visit
www.PrincipalSolar.com.
Cautionary Statement Regarding Forward-Looking
Statements
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements."
Such forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors in the solar energy
generating industry (market risk, government regulation,
operational risks, etc.) that could cause the Company's actual
operating results to be materially different from any historical
results or from any future results expressed or implied by such
forward-looking statements. In addition to statements that
explicitly describe these risks and uncertainties, readers are
urged to consider statements that contain terms such as "believes,"
"belief," "expects," "expect," "intends," "intend," "anticipate,"
"anticipates," "plans," "plan," to be uncertain and
forward-looking. The Company does not assume a duty to update these
forward-looking statements, except as required by law.
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