Today, I was asked to take part in an online discussion on Capitol Hill as to whether Congress should extend renewable energy tax credits? Well, in some ways, this discussion is putting the cart before the horse. Most importantly, are incentives for renewable energy sources achieving their goals? In the case of solar, the answer is a resounding yes.
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When it comes to renewable energy, you could call it the “shot heard round the world.” According to a new report by GTM Research and the Solar Energy Industries Association (SEIA), the U.S. installed 930 megawatts (MW) of photovoltaics (PV) in Q3 2013, up 20 percent over Q2 2013 and 35 percent over Q3 2012. This represents the second largest quarter in the history of the U.S. solar market and the largest quarter ever for residential PV installations.
As the UN Climate Conference ended with a whimper last week, the U.S. continues to move forward in its attempts to curtail climate change.
According to the FERC's “Energy Infrastructure Update” report, 99.3 percent of all new electric generation placed in service during the month of October came from renewables – with solar leading the way by a country mile!
Even though they were overshadowed by the Senate’s historic decision to eliminate the use of the filibuster when it comes to most Presidential nominees – the so-called “nuclear option” – there were some major developments this week at the Federal Energy Regulatory Commission (FERC) that are critically important to solar and renewable energy.
The rapid growth of rooftop solar has fueled an important debate about the future of our electric power system. And for good reason. Affordable, onsite solar power—aka distributed generation (DG)—offers electric customers something they’ve never had before: choice of where their power comes from and control over costs. The implications for the electric power system are profound and transformational as they point to a more decentralized future.
Public Service, the state’s largest power utility, to reduce compensation for the energy Arizonians produce on their rooftops, and all eyes are on that sunny state. Distributed generation offers concrete benefits to all ratepayers. For the utilities, distributed generation reduces investments in transmission and distribution infrastructure – delaying or eliminating the need to build new, expensive and often polluting power plants.
Next week’s global climate talks in Warsaw, Poland, need to be guided by a new sense of urgency. After more than 20 years of talking about climate change, it’s time for the nations of the world to start putting a meaningful plan in place to fight it.
Ohio’s renewable energy initiative, set in 2008, has been an economic and clean energy driver, lowering prices, creating local jobs and spurring investment. But the state senate is considering a bill, SB 5hat would dramatically lower the renewable energy requirements and seems to make compliance virtually optional.
As the world’s largest retailer and biggest private employer, Walmart commands attention from Wall Street to Main Street. But it’s not what’s happening inside Walmart stores making news this week – it’s what’s happening on top of them.