Policy Documents

The Wind PTC – A High Cost Subsidy for Low Value Power

Jonathan Lesser –
October 1, 2012

ABOUT THE AUTHOR: Jonathan Lesser is the President of Continental Economics, Inc., an economic and litigation consulting firm. Dr. Lesser has almost 30 years of experience in the energy industry working for electric utilities, state government agencies, and as an independent economic consultant. He testified before utility commissions in  many U.S. states, before the Federal Energy Regulatory Commission (FERC), before international regulators in Latin America and the Caribbean; in commercial litigation cases; and before state legislative committees on regulatory and policy matters affecting the electric and natural gas industries. He has authored numerous academic and trade publications, as well as coauthored three textbooks, including Environmental Economics and Policy, Fundamentals of Energy Regulation and, most recently, Principles of Utility Corporate Finance. Dr. Lesser is also a contributing columnist and Editorial Board member for Natural Gas & Electricity.