Solar Power Costs Dropped Dramatically In 2018

CleanTechnica

Energy Information Administration (EIA) for newly constructed utility-scale electric generators in the United States, annual capacity-weighted average construction costs for solar photovoltaic systems and onshore wind turbines have continued to decrease. According to 2018 data from the U.S.

Another Win For Clean Energy: NextEra Surpasses ExxonMobil In Market Cap

CleanTechnica

NextEra, the world's largest solar and wind power generator, has surpassed ExxonMobil in market value. Clean Power Fossil Fuels Green Economy Investment Natural Gas Oil Solar Energy Wind Energy exxon ExxonMobil nextera NextEra Energy NextEra renewable energy Tesla

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Debunking Manhattan Institute’s “The ‘New Energy Economy’: An Exercise In Magical Thinking” — Part One

CleanTechnica

Batteries Clean Power Coal Consumer Technology Energy Storage Fossil Fuels Green Economy Lithium-Ion Batteries Natural Gas Oil Research Solar Energy Wind Energy Bloomberg New Energy Finance (BNEF) BNEF fossil fuel costs natural gas costs renewable energy intermittency shale gas shale oil Solar Power Costs The Manhattan Institute wind power costs

Solar Costs & Wind Costs So Low They’re Cheaper Than *Existing* Coal & Nuclear — Lazard LCOE Report

CleanTechnica

A brief decade held considerable cost-efficiency gains in wind and solar. These sustainable technologies are now more cost-effective than any other power generation technologies in general, according to Lazard. Solar and wind technologies simply make more sense.

Solar Power = 60% of New US Power Capacity in June

CleanTechnica

Solar power keeps growing in the United States. of new power capacity added in the country was from solar power plants. was from wind power plants. In the month of June, 60.1% Another 37.5% And 2.4% was from hydropower.

Dow embraces circularity. and fossil fuels

GreenBiz

Circular Economy chemical recycling Dow GreenBiz 20 Natural Gas Renewable Energy Solar Wind PowerDow is looking to lead on the circular economy — not so much on moving away from fossil fuels.

Natural Gas beat coal in the US. Will renewables and storage beat gas?

Renewable Energy World

In April 2019, in the heart of coal country, Indiana regulators rejected a proposal by its electric and gas utility, Vectren, to replace baseload coal plants with a new $900 million, 850 megawatt (MW) natural gas-fired power plant. Regulators are now pushing Vectren to consider more decentralized, lower-carbon resources such as wind, solar and storage that would offer greater resource diversity, flexibility and cost effectiveness.

Dow embraces circularity. and fossil fuels

AGreenLiving

Business Eco Green chemical recycling circular circular economy dow- from-fossil lead-on-the moving-away natural-gas renewable energy solar wind-power Dow is looking to lead on the circular economy — not so much on moving away from fossil fuels. View post: Dow embraces circularity. and fossil fuels.

The 5 Biggest US Utilities Committing to Zero Carbon Emissions by 2050

GreenTechMedia

The falling costs of wind and solar power are pushing utilities to find ways to incorporate them into their long-range plans, even as they struggle to define what resources can be relied on to provide the dispatchable power they need. gigawatts of offshore wind and 2.7

This carbon challenge is bigger than cars, aviation and shipping combined

GreenBiz

The world’s kilns, reactors, chillers and furnaces are powered mostly by fossil fuels. . The options include biodiesel, renewable electricity, renewable natural gas, solar thermal, geothermal, thermal storage and hydrogen. Making natural gas renewable .

‘Math Doesn’t Yet Add Up’ for Utility Decarbonization Goals: Deloitte

GreenTechMedia

Each still plans to build new natural gas power plants in the near term, despite the additional emissions they will cause. The first stage, dubbed “renew,” concentrates on replacing coal and natural gas with renewables and energy storage.

Clean energy and markets are the solution (not scapegoat) for California’s blackouts

GreenBiz

Record heat for several days across parts of the state strained the power grid so much that it started rationing electricity, for the first time in almost 20 years. The state is a leader in solar power, meeting much of the demand during the sunny hours of the day.

Demand 394

Three-Quarters of New US Generating Capacity in 2020 Will Be Renewable, EIA Says

GreenTechMedia

Energy Information Administration has confirmed what it and industry watchers predicted a year ago—that wind and solar power will expand on their already-large share of new U.S. According to EIA data released Tuesday , wind and solar will make up 32 of the 42 gigawatts of new capacity additions expected to start commercial operation in 2020, dwarfing the 9.3 gigawatts of natural gas-fired plants to come online this year. The U.S.

Texas Utility CPS Energy Kicks Off Search for More Than 1GW of Clean Resources

GreenTechMedia

Responses will help inform options to meet its FlexPower Bundle plan, which envisions adding about 900 megawatts of solar, 50 megawatts of energy storage and 500 megawatts of “new technology solutions” to replace the need for buying natural-gas-fired power from outside power plants.

Arizona Utility APS Charts 15-Year Plan on Its Way to Zero-Carbon Energy by 2050

GreenTechMedia

Arizona Public Service released its plan for reaching zero-carbon by 2050 , with multiple options to balance the costs and carbon benefits of switching from coal and natural gas to renewables, batteries, distributed energy resources and as-yet-untested technologies. More immediately, the utility aims for 2030 goals of 45 percent renewable electricity, with the Palo Verde nuclear power plant bringing the tally up to 65 percent carbon-free power.

Midwestern Utility Evergy Pledges Carbon Cuts in Line With Paris Accord

GreenTechMedia

On Friday, the 1-million-customer utility, formed last year by the merger of Westar Energy and Kansas City Power & Light parent company Great Plains Energy, announced plans to cut carbon emission by 80 percent from 2005 levels by 2050. Since 2005, Evergy has reduced the share of coal-fired power in its 6.2-gigawatt generation fleet from 52 percent to 40 percent, while reducing natural gas and oil from 38 percent to 26 percent.

Ameren Missouri Looks to Harness Wind, Solar and Batteries With $7.6B ‘Smart Energy Plan’

GreenTechMedia

million customers by 2025, adding nearly 700 megawatts of wind power, plus more solar and battery storage systems to boost rural reliability. A subset of that funding will go toward more advanced grid controls, such as sensors and switches to sectionalize circuits and reduce the scope of power outages. The plan also includes rolling out networked electric and gas meters from Landis+Gyr , the first big advanced metering infrastructure deployment in the state.

Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

Hydrogen Economy” report forecasts that hydrogen from low-carbon sources could supply roughly 14 percent of the country’s energy needs by 2050, including hard-to-electrify sectors now dependent on natural gas such as high-heat industrial processes or manufacturing fertilizer.

Wisconsin Utility Alliant Energy Pledges Net-Zero Carbon by 2050

GreenTechMedia

The company set an “aspiration” to reach net-zero carbon by 2050 and eliminate all coal power plants from its fleet by 2040. Coal made up 31 percent of its capacity as of 2018, while natural gas accounted for about 42 percent.

Carbon 130

How Duke’s Unique Energy Landscape Dictates Its Path to Net Zero

GreenTechMedia

or the wind-rich Great Plains, or even those sharing the same Atlantic coastline. Some of those pathways move more dramatically toward closing coal plants or halting new natural gas power plants. Others rely on options like offshore wind that are untested in the U.S.,

Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Dominion Virginia’s new integrated resource plan (IRP), announced Friday, represents a potentially historic shift for the state’s largest utility, which has seen previous plans rejected by Virginia regulators for their over-reliance on fossil fuel power plants and infrastructure to be paid for by ratepayers. The new plan, by contrast, sets out a goal of nearly 16 gigawatts of solar, more than 5 gigawatts of offshore wind, and 2.7

Virginia Inks Largest-Ever State Government Renewable Contract

GreenTechMedia

Virginia has inked a 420-megawatt solar and wind power contract, the largest single procurement of renewable energy to power U.S. Thursday’s deal with utility Dominion Virginia includes 75 megawatts of onshore wind power from Apex Clean Energy and 345 megawatts of solar projects. It has no wind farms within its borders, mirroring the onshore wind sector's painfully slow progress across the Southeast.

Consumers Are Playing a Big Role in Keeping the Lights On in California This Week

GreenTechMedia

Several out-of-state power grids also reported emergency conditions on Monday and Tuesday. CAISO also was able to secure some scarce imported power, and wind power coming on late in the day helped too. Why did power plants drop offline?

Demand 130

Virginia Mandates 100% Clean Power by 2050

GreenTechMedia

Virginia has become the latest state to pass a law that sets it on a path to 100 percent carbon-free electricity by 2050, as well as setting targets for massive investments in energy efficiency, energy storage and in-state solar and wind power. The primary feature of the law, SB 851, is its call for Dominion Virginia, the state’s dominant utility, and the smaller Appalachian Power Co., Dominion also gets more than one-third of its energy from nuclear power.

Law 160

PacifiCorp Opens 4.3GW Renewables and Storage Procurement

GreenTechMedia

gigawatts of solar, wind and battery storage projects, part of a massive clean energy growth plan that will open the utility's six-state territory to third-party renewable energy developers. This week's all-source request for proposals ( RFP ) puts hard details to the procurement plan released this spring , calling for a mix of renewables and energy storage that can be built in time to capture the value of federal wind and solar tax credits.

Funding the Next Generation of Efficient, Electric, Grid-Interactive Communities

GreenTechMedia

homes and commercial buildings consume roughly two-fifths of the country’s overall energy, three-fourths of all electricity, and account for most of the peak electricity demand that drives generation and power grid infrastructure costs.

Duke Energy Lays Out Its Long-Term Clean Energy Pathways — and Price Tags

GreenTechMedia

All of the scenarios go well beyond Duke’s previous IRPs in leaning more heavily on solar, onshore wind and energy storage. The utility has also opened the door to offshore wind in its future mix. Big growth for solar and storage, possible role for offshore wind.

Vistra, LS Power Top Winners in PG&E?s 420MW Storage Procurement

GreenTechMedia

Pacific Gas & Electric has asked California regulators to approve seven battery projects totaling 423 megawatts, or nearly 1.7 gigawatts of carbon-free resources to help meet grid reliability needs that will arise when four natural gas-fired power plants retire next year to reduce their environmental harm to coastal waters. SCE has the largest share of procurement, since it faces the more severe potential grid disruptions from closing the power plants.

Generac, the Backup Generator Giant, Launches Souped-Up Home Solar-Storage System

GreenTechMedia

Solar-battery systems may be useful for providing backup power during power outages. That’s how Generac Power Systems sees it, at least. natural gas backup generator giant has focused on systems with extra oomph, compared to competitors like Tesla, Sunrun and LG Chem.

Southern California Edison’s Vision for How the State Achieves Carbon Neutrality

GreenTechMedia

Natural-gas consumption is set for a sharp drop in California as the state pushes to achieve carbon neutrality by midcentury, according to utility Southern California Edison. “Delivered power is going to need to be all zero-carbon," Drew Murphy, senior vice president of strategy and corporate development at Edison International, told GTM. Gas and other fossil fuels will continue to play a role, albeit one that is rapidly diminishing.

DistribuTech 2020 Kicks Off With Look at Host Utility CPS Energy’s Transition Plans

GreenTechMedia

CPS closed two coal-fired power plants in 2018 and is examining the future of some of its single-cycle, natural-gas-fired power plants, Gold-Williams said. At the same time, it’s reliant on large-scale generators to provide the grid reliability and resilience critical to keeping customers’ power on, she said — a challenge that’s going to grow as renewables make up a larger share of its mix.

IoT 100

Renewable Energy Growth Continues At A Blistering Pace

R-Squared Energy

Previous articles covered overall energy consumption , petroleum supply and demand, natural gas , and coal. The “Renewables” category consists of wind power, solar power, biofuels. The category “Other” includes geothermal energy and power produced from biomass.

PacifiCorp Readies Huge Solicitation for Renewables, Energy Storage

GreenTechMedia

Utility group PacifiCorp is about to open a gusher of opportunity for wind, solar and energy storage developers in the Pacific Northwest and Rocky Mountain regions. Last year PacifiCorp finalized a landmark integrated resource plan (IRP) that for the first time envisions it relying on large amounts of wind farms and solar backed by energy storage to meet its long-range energy needs. Solar-plus-storage as a replacement for gas plants.

PJM’s Compliance Plan Doesn’t End FERC Order’s Threat to Renewables, Experts Say

GreenTechMedia

Mid-Atlantic grid operator PJM has submitted a plan that wind and solar industry groups say might shield them from the most harmful effects of the Federal Energy Regulatory Commission order that has upended the country’s biggest capacity market. In fact, many are still requesting that FERC reconsider the order and planning lawsuits to challenge it, or simply awaiting November’s election, which could shift political power in Washington D.C.

California Moves to Tackle Another Big Emissions Source: Fossil Fuel Use in Buildings

GreenTechMedia

The commissioners cited multiple complementary benefits as justification for the decision: greenhouse gas emissions reductions, the ability to soak up surplus renewable electricity, and grid demand flexibility. ” While heating often gets less attention than other areas of energy consumption, onsite use of fossil fuels in buildings accounts for about 15 percent of California's greenhouse gas emissions, according to an NRDC analysis.