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As rooftop solar costs drop, utility attempts to raise barriers may not work

Mon, 2016-11-14 21:59 — Maeryn Obley

A solar array at Duke Energy Florida's 3.8 megawatt solar array in Osceola County, near St. Cloud. [Times files]

Image: A solar array at Duke Energy Florida's 3.8 megawatt solar array in Osceola County, near St. Cloud. [Times files]

tampabay.com - November 13th 2016 - Mary Ellen Klas

Florida's utility industry steered more than $20 million of their profits into a failed constitutional amendment to impose new barriers to the expansion of rooftop solar energy generation, but developers say that as the cost of installing solar panels drops, the state could quickly become a leader in private solar energy expansion no matter what the energy giants do.

The Florida Solar Energy Industry Association estimates that over the next five years, Florida homeowners, businesses and utilities are projected to take advantage of the falling prices and install 2,315 megawatts of solar electric capacity — 19 times more than the amount of solar installed in the last five years.

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PG&E to close Diablo Canyon, California's last nuclear power plant

Wed, 2016-06-22 21:43 — Maeryn Obley

Pacific Gas & Electric's Diablo Canyon plant near Avila Beach has California's last operating nuclear reactors. (Michael Mariant / Associated Press)

Image: Pacific Gas & Electric's Diablo Canyon plant near Avila Beach has California's last operating nuclear reactors. (Michael Mariant / Associated Press)

latimes.com - June 21st 2016 - Ivan Penn and Samantha Masunaga

One of California’s largest energy utilities took a bold step in the 21st century electricity revolution with an agreement to close its last operating nuclear plant and develop more solar, wind and other clean power technologies.

The decision announced Tuesday by Pacific Gas & Electric Co. to close its beleaguered Diablo Canyon nuclear plant within the next decade runs counter to the nuclear industry’s arguments that curbing carbon emissions and combating climate change require use of nuclear power, which generates the most electricity without harmful emissions.

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FACT SHEET: Obama Administration Announces Federal and Private Sector Actions on Scaling Renewable Energy and Storage with Smart Markets

Sat, 2016-06-18 09:37 — Kathy Gilbeaux

submitted by Gordian Raacke

CLICK HERE - White House Council of Economic Advisors - Incorporating Renewables into the Grid: Expanding Opportunities for Smart Markets and Energy Storage (40 page .PDF report)

whitehouse.gov - June 16, 2016

. . The Administration is announcing new executive actions and 33 state and private sector commitments that will accelerate the grid integration of renewable energy and storage.  Together, these announcements are expected to result in at least 1.3 gigawatts of additional storage procurement or deployment in the next five years. .

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Fossil Fuels Losing Cost Advantage Over Solar, Wind, IEA Says

Sun, 2015-09-06 17:53 — Kathy Gilbeaux

      

Photographer - Andrew Harrer / Bloomberg

bloomberg.com - by Tara Patel - August 31, 2015

  • Renewable technologies no longer cost outliers, report says
  • No single technology is cheapest under all circumstances

The cost of producing electricity from renewable sources such as solar and wind has dropped significantly over the past five years, narrowing the gap with power generated from fossil fuels and nuclear reactors, according to the International Energy Agency.

“The costs of renewable technologies -- in particular solar photovoltaic -- have declined significantly over the past five years,” the Paris-based IEA said in a report called Projected Costs of Generating Electricity. “These technologies are no longer cost outliers.”

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Solar is Having a Great Year, Except on Wall Street

Fri, 2015-08-14 16:48 — Kathy Gilbeaux

      

Solar panels are seen in the Palm Springs area, California April 13, 2015. Picture taken April 13, 2015.
Reuters/Lucy Nicholson

reuters.com - by Nichola Groom - August 14, 2015

By almost any measure, the U.S. solar market is on fire.

Installations of solar panels are expected to soar by a third this year, the price of solar power is now cheap enough to compete neck and neck with gas and coal-fired power in places like California, and the fledgling industry received a vote of confidence last week when U.S. President Barack Obama announced a groundbreaking plan to curb power plant emissions. Even China's currency devaluation could cut panel costs for U.S. solar installers.

Wall Street, however, has been dumping solar shares this year, largely on concern, which investors say is misplaced, that tumbling oil prices will sap demand for alternative energy, even though oil isn't used to generate power.

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