It’s Monday, and it is pvMB time. Today in addition to the dark news in the headline, we also bring you three new directors at Rocky Mountain Institute, and record levels of solar curtailment in California this April.
Happy Friday and welcome to the pvMB. Today we also bring you the Texas Senate passing a bill to prevent municipalities from interfering with citizens going solar, solar for schools in Minnesota, and more!
According to Rocky Mountain Institute corporations have signed contracts for 2.8 GW of solar in the United States this year, a gigawatt more than the deals signed in all previous years combined.
Solar and energy storage, either on their own or as part of clean energy portfolios, are showing that they can compete with natural gas in the United States. But will regulators wake up to this reality before half a trillion dollars worth of future stranded assets are built?
A study finds that “just the operating costs of many existing coal assets” now exceed total costs for new solar and wind power in the Mountain West. The Tri-State utility, for example, could save $600 million by 2030 by phasing out five coal units in favor of solar, wind and purchases of wholesale capacity and power.
A new report by Rocky Mountain Institute finds that gas plants proposed across the United States over the next 15 years could be replaced by clean energy portfolios at a net savings, and that these projects are at risk of becoming stranded assets.
Long rumored to be a market the industry needed to exploit, RMI says challenging – but fixable – barriers remain.
The research organization’s latest publication looks at what it will take for utilities to meet the changing demands of the 21st century, including accommodating distributed solar and energy storage.
Mark Dyson, a manager at Rocky Mountain Institute’s electricity practice, has some things to say about what the DOE grid study released last night got right – and what it got wrong.
The Rocky Mountain Institute’s new report Positive Disruption describes pathways for the global economy to mitigate serious global warming through accelerated adoption of renewable energy, the transformation of our energy and transportation system, and improved management of agriculture, forestry, and other land-uses. Staying below two degrees Celsius of warming is not just possible the report argues but practical given the accelerating declines in the cost of renewable energy.
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