This article claims that solar power could be as cheap as 4 cents a kilowatt. It speculates that solar power might even reach the 3 cent level. I have doubts about those prices, but it is good news however low it goes.
Costs of the clean energy tech will keep falling over the next decade.
Solar will become the cheapest source to produce power in many countries over the next 15 years, according to a new report from Bloomberg New Energy Finance.
Part of the cheap solar power will be unleashed because the cost of installing solar panels at big solar farms and on rooftops will drop 60% to an estimated average of around four cents per kilowatt hour by 2040, the report said. That’s cheaper than coal and natural gas power in many regions.
But I am betting that those kinks will be worked out. They do need create a Southern Grid and really grow the system to take care of a growing population. They also will need to plan for a growing industrial base.
Chile has so much solar energy that the price of solar frequently drops to zero, which is great news for consumers but frustrating for energy companies and investors.
Under President Michelle Bachelet, Chile has been aggressively expanding its solar energy generation, adding 371 megawatts of solar power last year alone. However, construction of new energy infrastructure has lagged behind, with no national power grid and many unserviced areas. This leads to an overabundance of power in certain areas while others get left out.
This overabundance has led to the spot price, or current price, of solar dropping to zero over a hundred times so far this year through April. Bloomberg reports that this number is set to beat 2015’s total, which saw 192 such price drops for the whole year.
The budget impasse is hurting Illinois when it comes to investing in renewable energy. This is getting ridiculous. Rauner’s quest to destroy public sector unions has got to stop. This lady spells it out in no uncertain terms.
Michelle Knox: Illinois must act now to fix its clean energy policies
Posted Apr. 19, 2016 at 10:05 PM
In 1970, more than 20 million people worldwide took part in the first Earth Day. Millions more will take part in Earth Day 2016.
As someone who delivers both wind and solar energy to customers in Central Illinois, I can attest to the need to fix Illinois’ energy policy — and quickly. I plan to be among those participating in a rally at the state Capitol in Springfield this week, during which we will deliver a strong message to Illinois leaders: by the time Earth Day 2017 arrives, it is critical that Illinois will have taken steps to reform our state’s out-of-date energy policies or we will lose clean energy jobs to other states.
Any day that goes by — let alone another year — without such a fix puts our state at risk of losing out on jobs and investments in this competitive field.
Fortunately, lawmakers have the chance to bolster our clean energy economy at the time we need it most. The Illinois Clean Jobs Bill (SB1485/ HB2607) would create more than 32,000 jobs and deliver more than $1.6 billion in savings to electricity consumers, while making vast improvements in public health. This bipartisan legislation would double the current standards for energy efficiency while increasing the targets for electricity generated by renewable energy sources, such as wind and solar, to 35 percent by 2030, up from the current target of 25 percent by 2025.
Attempts to generate electricity from tidal and river flows has had some success. People that tried to generate electricity from ocean waves have struggled. They may be on the edge of real change and I find that to be exciting.
The promise of ocean wave power has enticed, and eluded, engineers for 40 years
It’s 1974. A man stands on the Scottish coast and stares out to sea. His dark hair is ruffled by the wind, while his mind is fixed on a new, pressing problem: How can all the teeming, crashing power of the ocean be harnessed to produce electricity, in a world that has just discovered it can’t rely on cheap oil forever?
That man, and his colleagues, are still searching for the answer.
For four decades, the problem of how to create an economically viable business producing power from waves has fascinated a specialized group of engineers, many of whom are concentrated around the sea-beaten coast of Scotland. Inventors have created all sorts of strange and wonderful devices to coax energy out of the water; investors have poured millions of pounds into the effort.
The problem is arguably one of the most perplexing in energy production. And maybe, just maybe, the answer is getting closer.
Especially if you listen to the Bernie Sanders supporters. (I also must quickly add that as a nonprofit organization CES doesn’t endorse any political candidates, just their energy policies) Her opponents say that she is for Fracking. I see no evidence of that. They say she is a Wall Street sellout. Compared to the rest of the field, I do not see that either. But here is what I do see.
In a December 17, 2015 radio interview with South Carolina radio station WGCV-AM Hillary Clinton said she is doubtful of the need to drill for oil or gas off the eastern seaboard of the U.S. She said, “I am very skeptical about the need or desire for us to pursue offshore drilling off the coast of South Carolina, and frankly off the coast of other southeast states.” Her comments came despite the Obama administration putting forward proposals that would open up vast tracts of the ocean for fossil fuel extraction.[1]
Climate change
Hillary Clinton, on January 18, 2016, signed a pledge to power at least half of the nation’s energy needs with renewable sources by 2030. The pledge was devised by NextGen Climate, a San Francisco-based environmental advocacy organization, which was founded by philanthropist, environmental activist and Democratic donor Tom Steyer in 2013. The group is affiliated with NextGen Climate Action, a super PAC[2]
In response to the Paris Agreement adopted on December 12, 2015, Clinton released the following statement, in part: “I applaud President Obama, Secretary Kerry and our negotiating team for helping deliver a new, ambitious international climate agreement in Paris. This is an historic step forward in meeting one of the greatest challenges of the 21st century—the global crisis of climate change. … We cannot afford to be slowed by the climate skeptics or deterred by the defeatists who doubt America’s ability to meet this challenge.”[3]
here is a sense of excitement in the wake of a momentous Paris Climate Agreement and adoption of the Sustainable Development Goals last year. The “energy revolution” is already underway, the consequences of which are far-reaching, transforming the way we do business, build our homes and live our lives.
But there’s an even more immediate solution available to all of us, and it will not only reduce our carbon footprint, but save money as well. It’s the low-hanging fruit of energy efficiency. From the largest business to the smallest household, energy efficiency is the first step in building a sustainable future.
As individuals and businesses go, so goes an entire nation. Courtesy of the home improvement experts at HalfPrice.com.au, the infographic below illustrates the most energy efficient countries in the world, based on information from the American Council for an Energy-Efficient Economy (ACEEE). As this infographic demonstrates, one important aspect of promoting energy efficiency is government policy and incentives:
This baby has it all. Its got cost effectiveness, generation, and storage. This in just over 6000 acres. Congratulations to all of the people involved.
World’s largest solar plant goes live, will provide power for 1.1M people
Up to 11% of the world’s electricity could come from concentrated solar by 2050
The world’s largest solar power plant, now live in Morocco, will eventually provide 1.1 million people with power and cut carbon emissions by 760,000 tons a year.
The $9 billion Noor Concentrated Solar Power (CSP) plant could eventually start exporting energy to the European market.
The Noor Concentrated Solar Power (CSP), paid for with funds approved by The World Bank, is located in the Souss-Massa-Drâa area in Morocco, about 6 miles from Ouarzazate town. It began operation on Thursday. While the World Bank and other development partners provided financial support, the Noor solar plant is a wholly Moroccan project.
“With this bold step toward a clean energy future, Morocco is pioneering a greener development and developing a cutting edge solar technology,” Marie Francoise Marie-Nelly, World Bank Country Director for the Maghreb, said in a statement. “The returns on this investment will be significant for the country and its people, by enhancing energy security, creating a cleaner environment, and encouraging new industries and job creation
As this article makes clear, we need dams. In my mind they are a trade off we can live with, and the excuse that it is just unprofitable to repair them is disgusting. Still, there are environmentalists who disagree.
The new year has not been kind to the hydroelectric-dam industry. On January 11th, the New York Times reported that Mosul Dam, the largest such structure in Iraq, urgently requires maintenance to prevent its collapse, a disaster that could drown as many as five hundred thousand people downstream and leave a million homeless. Four days earlier, the energy minister of Zambia declared that Kariba Dam, which straddles the border between his country and Zimbabwe, holding back the world’s largest reservoir, was in “dire” condition. An unprecedented drought threatens to shut down the dam’s power production, which supplies nearly half the nation’s electricity.
The news comes as more and more of the biggest hydroelectric-dam projects around the world are being cancelled or postponed. In 2014, researchers at Oxford University reviewed the financial performance of two hundred and forty-five dams and concluded that the “construction costs of large dams are too high to yield a positive return.” Other forms of energy generation—wind, solar, and miniature hydropower units that can be installed inside irrigation canals—are becoming competitive, and they cause far less social and environmental damage. And dams are particularly ill-suited to climate change, which simultaneously requires that they be larger (to accommodate the anticipated floods) and smaller (to be cost-effective during the anticipated droughts).
Mosul Dam’s predicament is partly a result of the ongoing war; many maintenance workers have not returned there since August of 2014, when ISIS fighters briefly took control. (Iraqi and Kurdish forces soon regained it.) But the main issue is that, like many such dams, the project shouldn’t exist in the first place. Opened in 1986, it was built on unstable gypsum bedrock, requiring grout to be constantly injected into the foundation to prevent the dam’s collapse. That work has ceased. In 2006, long before ISIS began making headlines, the U.S. Army Corps of Engineers called Mosul Dam “the most dangerous dam in the world.”
I know that this is part of the motive and the profit to do solar equipment deals. It would be a better model if they told you about it up front and then split the RECs with the buyer or homeowner.
A couple of years ago, Steven Weissman, an energy lawyer at the University of California-Berkeley, started to shop around for solar panels for his house. It seemed like an environmental no-brainer. For zero down, leading residential provider SolarCity would install panels on his roof. The company would own the equipment, and he’d buy the power it produces for less than he had been paying his electric utility. Save money, fight climate change. Sounds like a deal.
But while reading the contract, Weissman discovered the fine print that helps make that deal possible: SolarCity would also retain ownership of his system’s renewable energy credits. It’s the kind of detail your average solar customer wouldn’t notice or maybe care about. But to Weissman, it was an unexpected letdown.
To understand his hang-up, you need a bit of Electricity 101. If you have solar panels on your roof, the electrons they produce flow across the electric grid like water, following a path of least resistance. As they whiz around, electrons are impossible to track and look identical, whether they’re coming from solar panels, a coal plant, or whatever. But there is value in keeping tabs on the renewable ones, so energy wonks came up with renewable energy credits (RECs), a tradable financial instrument that corresponds to a certain amount of energy produced by a certain renewable source like solar or wind.
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I know that solar financing makes eyes glaze. Go there and read anyway. More next week.
Coal is now the most expensive energy source in the United States. That means that it will be to expensive to mine. It also means that the worth of the mining companies will fall and their stocks will collapse. It can’t happen soon enough for me.
A Sunny Future for Utility-Scale Solar
By John Finnigan | Bio | Published: December 28, 2015
Utility-scale solar and distributed solar both have an important role to play in reducing greenhouse emissions, and both have made great strides in the past year.
Utility-scale solar, the focus of this article, is reaching “grid parity” (i.e., cost equivalency) with traditional generation in more areas across the country. And solar received a major boost when the federal tax incentive was recently extended through 2021. The amount of the incentive decreases over time, but the solar industry may be able to offset the lower tax incentive if costs continue to decline. New changes in policy and technology may further boost its prospects. Record year for utility-scale solar
Some of the world’s largest solar plants came on-line in the U.S. during the past year, such as the 550-megawatt (MW) Topaz Solar plant in San Luis Obispo County, California and the 550MW Desert Sunlight plant in Desert Center, California. Last year saw a record increase in the amount of new utility-scale solar photovoltaic generation installed – about four gigawatts (GW), a whopping 38 percent increase over 2013, and enough solar power to supply electricity to 1.2 million homes. This number is expected to increase in 2015 when the final numbers are in.
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Go there and read. More next week.
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