1 minute read
UGREEN
UGREEN
The Utah Generated Renewable Energy Electricity Network Authority
Advertisement
OVERVIEW
The Utah Generated Renewable Energy Electricity Network Authority (UGREEN) was created by the 2009 legislature to provide a mechanism for financing renewable energy transmission projects in the State of Utah. UGREEN is housed within GOED and works closely with the State Energy Program and the Governor’s Energy Advisor’s Office to ensure efficiency, efficacy, and comprehensive coverage of renewable energy issues in the State. The Board appointed a Special Advisor to in the spring of 2010 and the Authority is moving forward with establishing the organizational and structural framework within which it will operate. In early July, UGREEN issued its first Letter of Support to PurpleEnergy, a company seeking a federal grant to explore hybrid geothermal/solar thermal technologies in southwestern Utah. Over the next year, UGREEN will continue to interact with high caliber companies seeking to develop renewable energy infrastructure in Utah and provide support for their transmission needs as appropriate. In addi-
(continued on next page)
UGREEN
The Utah Generated Renewable Energy Electricity Network Authority
tion, UGREEN will collaborate with other western State Infrastructure Authorities to create a coalition to further the mutual interests of the group. UGREEN will be the inaugural host of the annual event this September and this year’s agenda will focus on federal tax exemption for authority revenue bonds and the positive impacts that would accrue to developers and the State. Finally, Governor Herbert’s Energy Initiative Task Force has nominated UGREEN to serve as staff to the Transmission, Infrastructure and Transportation Subcommittee. UGREEN will be intimately involved in drafting the Governor’s 10 Year Strategic Energy Plan and looks forward to helping shape Utah’s energy landscape in ways that benefit the citizens, the environment, and the economy.
For additional information about UGREEN visit www.business.utah.gov or contact Yashoda Khandkar, Special Advisor, at ykhandkar@utah.gov or 801-580-6519.
