The latest long-term forecast from analysts Bloomberg New Energy Finance (BNEF) predicts solar energy costs to drop a further 66% by 2040, and onshore wind by 47%. Given these predictions, BNEF expect that renewables will undercut the majority of fossil based generation by 2030, even in India and China.
The two organizations are pushing for the role of utilities to be more of an impartial integrator and market enabler for third-party solutions, as the state plans the integration of more renewables.
An internal U.S. government watchdog is looking at the loans which kick-started large-scale solar in Chile, after at least three of five solar projects have made moves to restructure these loans.
This is the first time that U.S. wind and solar have met more than 10% of demand in a single month; however individual states led by California and Iowa have reached much higher penetrations.
The company’s partnership with Sunetric will allow customers to lease solar+storage systems as a package, which will allow them to participate in the island state’s “self-supply” program.
As renewable energy breaks new output records in California, both the need for and availability of gas in California have declined.
The company will be exhibiting the forecasting tool, which will provide on-demand forecasts of select power markets with hourly resolution, later this month in Anaheim.
Imperial Irrigation District says its use of a battery system to restart a combined-cycle gas turbine is the first such “black start” use of a battery in the United States.
The Republican senator from Iowa has stepped in to the debate, expressing concerns about the study’s credibility and whether or not its conclusion has been pre-determined.
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