The winning consortium was formed by French oil giant Total and Japanese conglomerate Marubeni Corp.
Stanford researchers have a plan that would balance 2,000 GW of solar capacity and 2,300 GW of wind power with 3,300 GW of battery capacity and a large amount of flexible load. Consumers would save 64% on total energy bills, partly from electrification of transportation and heating.
State regulators have sided with a man who filed a protest against the power company over an unlisted $500+ demand charge on his monthly electric bill.
To get long-duration storage costs down to 5 cents per kilowatt-hour, research teams funded by ARPA-E are pursuing breakthroughs in flow batteries, hydrogen storage and other technologies—even thermovoltaics.
Boulder sees a public utility as a way to reach 100% renewables, while San Francisco aims for 100% clean energy, and Pueblo expects 10% to 14% savings.
The good news is that the world’s largest fund manager, BlackRock, just closed $1 billion of a record $2.5 billion fund dedicated to solar, wind, and energy storage projects. The bad news is that the $2.5 billion fund is a tiny fraction of BlackRock’s $6.96 trillion balance sheet and small change compared to BlackRock’s $17.5 billion investment in coal.
The Environmental Protection Agency has released data showing the cost per kWh benefit that solar brings to the areas where its health benefits are needed the most. These benefits are based on atmospheric particulate matter reduction benefit assumptions.
Hello wonderful people and welcome to your Thursday pvMB. today we’ve got Savion’s 8 GW project pipeline, Mrs. Butterworth going solar, 3 MW coming to Virginia schools from Standard Solar and more!
The Tennessee Valley Authority will offer just over 2 cents per kWh for distributed solar, although TVA’s prior calculations show a value of 7.2 cents per kWh, or higher when counting avoided pollution. An environmental lawsuit may be brewing.
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