Tag Archives: International Energy Agency

Rocky Mountain Institute officials agree Carbon County, Wyoming is breeding grounds for transition into renewable energy sources

By Ray K. Erku, Wyoming Business Report

RAWLINS – In many respects, Carbon County is at the forefront of a modern-day gold rush. Instead of mining for precious metal, however, fortune seekers look to harvest one of the Cowboy State’s most natural of resources: Wind . . . For the Anschutz Corporation, parent company of Power Company of Wyoming, the slated 1,000-turbine Chokecherry and Sierra Madre wind farms will eclipse $5 billion in projected costs. Once completed, it’ll be considered the largest onshore wind generation facility in North America . . . PacifiCorp and Rocky Mountain Power, subsidiaries of multinational conglomerate Berkshire Hathaway, which is headed by Buffett, are beginning to stomp their footprints in the county by partnering with Invenergy Co. to spearhead production of not just the Ekola and TB Flats projects, but the Gateway West Transmission Line. Read more here.

Photo by Power Company of Wyoming: According to Business Insider, a 2017 analysis revealed that it took $102 to generate one megawatt-hour from coal, compared to wind, which took $45. 


Managing the Coal Capital Transition, Rocky Mountain Institute

 

 

MORE ENERGY TRANSITION NEWS

COSTS OF SOLAR PANELS CONTINUING TO DROP

Module prices have fallen by up to 25% so far this year, by Emiliano Bellini, PV Magazine
According to a Q3 report by EnergyTrend, monocrystalline module prices have fallen almost 20% this year, while those for polycrystalline modules have dropped by more than 25%. Increased consolidation among manufacturers and developers is expected to occur in China, and the global solar market, with more merger deals, plans for capacity reductions, and even factory closures.

PV MAGAZINE: SEIA GUIDE UPDATE 

Best practices for building residential solar power and market confidence

Expect strong growth this year for commercial energy storage

By Adam Wilson, Navigant Research Analyst, GreenBiz

Renewable generation deployments (primarily solar photovoltaic and wind farms) have grown substantially over the last decade and are forecast to continue growing well into the future. That’s thanks to lower costs and technological improvements leading to increased power output.

Indeed, the International Energy Association expects that average annual global renewable installations will be 80 percent higher than coal, oil and natural gas combined between 2017 and 2040. Separately, Navigant Research anticipates that wind and solar PV installations — both in front of and behind the meter — will surpass 1,500 gigawatts cumulatively between 2017 and 2026. Continue reading here.

Photo: Shutterstock

ALSO RECENTLY POSTED
New Tax Bill Offers Unexpected Benefits to Commercial Solar Installations