By Monica Jaburg, Deputy Director, Communications and Media,
Renewable Energy Buyers Alliance. Published by GreenBiz.
Large-scale energy buyers are driving the energy landscape shift by collectively voicing their demand for accessible clean energy options to decrease their carbon impacts. In 2018 alone, the group accounted for 6.3 gigawatts in announced renewable energy deals — an amount equal to over 60 percent of all new renewables generation added in the United States last year.
However, the U.S. commercial and industrial sector is still the most energy-intensive, accounting for about 50 percent of all power consumption and 34 percent of all greenhouse gas (GHG) emissions. So what’s next for this community when it comes to advance its clean energy and GHG emissions reduction mandates? Read more here.
ADDITIONAL RECOMMENDED READING
- Wind and Solar Power Have Become Amazingly Affordable, Bloomberg News
The levelized cost of any particular energy technology is the break-even price that companies investing in that technology need in order to see a competitive rate of return. In the case of both utility-scale solar and onshore wind power, this rate has dropped to about $40 per megawatt hour — which is lower than the cost of building new power plants that burn natural gas or coal. Lazard Reports: Levelized Cost of Energy and Levelized Cost of Storage 2019
- Rethinking Future Investments in Natural Gas Infrastructure, Greentech Media
Cities and utilities across the United States are starting to reject natural gas — and not just for environmental reasons.
- The future for green hydrogen, Wood Mackenzie Editorial
- U.S. Solar Trade Group Adds Multinational Solar Companies to its Board of Directors, SEIA News Release
- Tenaska secures $158m financing for Nobles 2 wind farm in Minnesota, Power Technology
- McDonald’s in green move with supersize US wind and solar deal, Recharge News
Burger giant signs Texas power agreement for 380MW to run 2,500 of its fast-food restaurants. Led by technology groups such as Google, Facebook, Apple and Microsoft, corporate renewable PPAs have become increasingly common in the US and, to a lesser extent, Europe.
- AES and Google Create Strategic Alliance to Accelerate the Future of Energy, Business Wire
- Invenergy Launches New Arm to Enable Mass Fleet Electrification, Transmission & Distribution World. Invenergy Edge simplifies energy decision-making, pairing onsite infrastructure, offsite renewable supply, and sophisticated software through technology-agnostic implementation including financing.
- Dominion Energy executive: ‘We will … get to a 100% carbon-free grid’, Energy News Network
- Massive wind turbine blade arrives in Massachusetts for testing, CNBC
GE Renewable Energy aims to commercialize its Haliade-X 12MW wind turbine by 2021. With a capacity of 12 megawatts and a height of 260 meters, the scale of the turbine is considerable. The company has repeatedly described it as “the world’s largest offshore wind turbine” and says that one turbine will be able to power more than 5,000 U.S. homes.
- Eau Claire wants to be 100% carbon-free by 2050, WQOW News
- Mayor Lyda Krewson is Leading the Fight on Climate Change, Natural Resources District Council
- Colorado’s cleanest energy options are also its cheapest: New modeling shows the state can decarbonize — at a savings, Vox
- Tri-State faces growing member rebellion, challenges at Colorado PUC, Utility Dive
Tri-State serves 43 cooperative members in New Mexico, Colorado, Wyoming and Nebraska.
- United Power and La Plata Electric ask Colorado Public Utilities Commission to determine Tri-State exit fee, Clean Cooperative
- Excelsior to buy 109 MW of Nebraska wind capacity from Invenergy, Renewables Now
Prairie Breeze II and Prairie Breeze III initiated operations in late 2015 and early 2016, respectively. They have 25-year power purchase agreements (PPA) in place with Lincoln Electric System and City of Grand Island. The transaction is seen to be completed next month. Bank of America Merrill Lynch is the tax equity investor in the projects, the announcement says.
- Wind costs’ decline aids rural Nebraska, Letter to the Editor, Lincoln Journal Star, by Cody Smith, Ames, Iowa Policy associate, Center for Rural Affairs
OF POTENTIAL INTEREST TO NEBRASKA SOLAR BUSINESSES
Solar Jobs Census: The Solar Foundation is again collecting data for their annual National Solar Jobs Census. This confidential survey will take fifteen minutes of your time and will provide essential feedback to ensure that your company’s contributions to our economy are well
understood by policymakers and the general public. Deadline: November 15, 2019.
Complete the survey here.
- SEIA garners industry support and lobbies for ITC extension, Solar Power World
Solar contractors are on a time crunch to fit as many installations into 2019 as they can, because in 2020 the solar Investment Tax Credit (ITC) starts to lose its effectiveness. The ITC is a federal tax subsidy that, in its current capacity, gives solar system owners a 30% return on a solar project’s total tax liability in any market segment. In 2020 the ITC is slated to drop to 26%, 22% in 2021 and in 2022 it will decrease to a 10% subsidy for commercial and utility markets, and zero for residential, indefinitely. That is, unless, the renewables subsidy receives another extension. SEIA’s Campaign: Defend the Solar ITC
- Legislation aims to accelerate geothermal energy development, American Public Power Association
INSIDE CLIMATE NEWS – EXXON TRIAL
Exxon’s Climate Fraud Trial Nears Its End: What Does the State Have to Prove to Win?
With only days left before the two sides deliver their closing arguments, here’s a look at what the attorney general needs to prove and how Exxon is fighting the claims.
- Exxon and Oil Sands Go on Trial in New York Climate Fraud Case
- Rex Tillerson Testifies, Denying Exxon Misled Investors About Climate Risk
- Key Question as Exxon Climate Trial Begins: What Did Investors Believe?
- Massachusetts Sues Exxon Over Climate Change, Accusing the Oil Giant of Fraud
- Exxon’s Own Research Confirmed Fossil Fuels’ Role in Global Warming Decades Ago
Yale University Survey: Yale Poll Finds Majority of Americans Think ExxonMobil, BP, Chevron and Other Fossil Fuel Companies Should Pay for Climate Change Damage, Union of Concerned Scientists Blog. A new survey by Yale University’s Program on Climate Change Communications and supported by the Union of Concerned Scientists (UCS) finds that most Americans (57 percent) think fossil fuel companies should pay for the damages caused by global warming.
Interactive Map – Click link and scroll down: This tool maps variations in Americans’ opinions about existing or potential lawsuits against fossil fuel companies.
- A search by state shows that 50% of Nebraskans surveyed hold fossil fuel companies responsible for the local damage of global warming.
- Several searches by county show the following results:
Cherry County: 58%
Colfax County: 56%
Dawes County: 57%
Douglas County: 56%
Lancaster County: 55%
Thurston County: 61%