By John Weaver, PV Magazine USA
Yesterday, Lazards released its Levelized Cost of Energy (LCOE) analysis version 12.0 for Energy (pdf), and Version 4.0 for Energy Storage (pdf). The document shows that utility scale wind, solar offer the cheapest absolute electricity pricing – without subsidies. When federal tax subsidies are applied, essentially politically palatable forms of a carbon tax, we see all thin film solar cheaper than all gas, and the majority of crystalline silicon solar cheaper than gas. Rooftop solar for residential and commercial, with its broad price ranges representing the broad classes of projects they cover, shows higher pricing. However, this analysis doesn’t consider the additional benefits including avoided costs achieved with behind-the-meter installations, and as such it isn’t a pure apples-to-apples comparison. Read more here.
MORE NATIONAL NEWS
- 9 corporate venture funds shaping clean energy innovation, GreenBiz
- National Grid launches venture capital arm with DER, other investments, Utility Dive
- The Energy 202: The nation just elected a bunch of governors who campaigned on clean energy, Washington Post
- Five new governors aim for 100% renewables, PV Magazine
- US regulators approve the world’s largest battery projects, PV Magazine
CPUC has signed off on four lithium-ion battery projects in California, the United States, one of which at 300 MW is the largest battery project to date known by pv magazine.
- Storage will replace 3 California gas plants as PG&E nabs approval for world’s largest batteries, Utility Dive. The PG&E projects are the first time a utility and its regulators have sought to directly replace multiple major power plants with battery storage.
- How Battery Storage Is Revolutionizing The Solar Industry, Blue and Green Tomorrow
NATIONAL SOLAR EXAMPLES
Friends of Venice Library to kick off solar power fundraiser with panel discussion, Herald-Tribune. Iconic nature photographer and environmentalist Clyde Butcher to serve as spokesman.
- Wisconsin importer and distributor invests in solar energy, Fresh Plaza
Maglio Companies, an importer and distributor of fresh produce, has installed over 1,100 solar panels on the roof of its Glendale, Wisconsin facility. This array is expected to produce an estimated 477,000 kilowatt hours of sustainable electricity each year. This is equivalent to the annual energy usage of 58 average Wisconsin homes.
- Minnesota company turns abandoned sand pit into a solar garden, Red Wing Republican Eagle
- State’s largest solar farm nearing production, The Spokesman-Review. Washington’s largest solar farm will begin commercial production next month in this Columbia Basin town better known for its annual Combine Demolition Derby. Nearly 82,000 solar panels have been installed near Lind’s pioneer-era cemetery, resembling a mirage on the dusty landscape. Sensors adjust the angle of the flat, blue panels throughout the day, allowing them to maximize the capture of solar rays.
Carport Solar Array Receives 2018 Innovative Project Award, MSU Today
Michigan State University’s solar carport project received the 2018 Innovative Project Award from the U.S. Green Building Council of West Michigan. The award recognizes exemplary projects in the region exhibiting features above and beyond the status quo. MSU’s solar carport array is constructed on five of the university’s largest commuter parking lots and covers 5,000 parking spaces.
Learn about more initiatives here: The Princeton Review Guide to 399 Green Colleges, 2018 Edition
INNOVATIVE TRANSIT APP
Transit app raises $17.5M with the help of unlikely investors: automakers, Smart Cities Dive