Solar plays a critical role in making the military’s energy supply more secure, distributed, affordable and independent. The DoD has committed to meet 25% of its energy needs with renewable energy by 2025.
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This report provides a new cost-benefit analysis of the impacts of solar distributed generation (DG) on ratepayers in the service territory of Arizona Public Service (APS). The study shows that distributed solar generation (DG) and net energy metering will provide Arizona Public Service (APS) customers with $34 million in benefits each year.
A recent NREL report finds that concentrating solar power systems (CSP) with thermal energy storage (TES) provide value to the grid that is $30/MWh to $51/MWh higher than conventional base load generation. The analysis focused on grid performance in California under a 33% renewable scenario.
A recent NREL report finds that the use of public capital (asset-backed securities, investment pools and real estate investment trusts) can lower the levelized cost of energy (LCOE) by up to $0.16 for residential projects and $0.08 for utility projects. As consumer confidence in securitization grows, prices could fall by as much as 30%.
A recent Lawrence Berkeley National Laboratory report finds that streamlined city permitting practices can reduce the cost of installed PV systems by $0.27-$0.77 per watt, relative to cities with less favorable permitting standards. Development times can be shorted by an average of 24 days, under favorable permitting standards.
A recent NREL report finds that in 2011, 17% of U.S supermarkets were in utility territories where PV could be installed at or below the cost of traditional generation. In 2012, they estimate that this percentage increased to 40%. The report is
The tremendous success of the ITC for solar energy projects exemplifies the importance of stable policy for the private sector and reveals a high return on public investment in solar energy in terms of economic benefits, domestic job creation, energy security and lower costs for consumers.
Today, from security and battlefield readiness to cost savings and efficiency, America’s military is making an unprecedented commitment to renewable energy sources, and solar is “walking point” on many of these new, innovative efforts.
In 2013, the Solar Energy Industries Association is working at the federal and state levels to expand markets, remove market barriers, and increase available financing for solar projects.