Tag Archives: Power Purchase Agreements (PPAs)

Growth in Solar Capacity Projected to Fuel Rural Economies

By Eric Galatas, Public News Service – Nebraska

LYONS, Neb. — The growth of the solar industry has brought a wave of new projects to Nebraska, including a community solar farm in Scottsbluff that’s expected to save the city more than $2 million in energy costs over 25 years. With more projects on the horizon, Lu Nelsen, policy program associate for the advocacy group Center for Rural Affairs, says solar is poised to boost rural economies. Nelsen says advances in technology and manufacturing have made solar more affordable for homes, communities and for big utility companies.

Read more or listen to the recording here.

Pixabay Photo

Previously Posted

Wind farms can bring economic benefits, officials sayby Elizabeth A. Elliott, Blair Enterprise Publishing

MORE MIDWEST NEWS

OPPD NEWS

Lighting the way – ahead of schedule, by Jason Kuiper, The Wire
After accelerating the replacement of streetlights with new LED fixtures last year, OPPD is running ahead of schedule on the project. The utility announced the project in 2018 to update the 98,744 streetlights in the OPPD service territory over a five-year period. So far, 32,000 lights have been replaced. Lights in smaller towns are done and SIDS will be among the next wave of replacements.

Court OKs controversial power line despite Missouri landowners’ objections

By Kurt Erickson, St. Louis Post-Dispatch

In a ruling issued Tuesday, the Missouri Court of Appeals Eastern District rejected claims that the Public Service Commission had erred in giving a green light in March to the construction of the Grain Belt Express Transmission line. The 19-page ruling is the latest victory for backers of the project, which aims to bring Kansas wind energy east to Missouri, Illinois and Indiana.
Read more here.

Website: Grain Belt Express Transmission Line

ADDITIONAL MIDWEST NEWS & OPINION

NEWS FROM OTHER STATES

NATIONAL NEWS

ENERGY STORAGE

WORKFORCE DIVERSITY

The business case for gender equality in solarPV Magazine
The writer, Lara Anton, is responsible for the client management of Samuel Knight International’s renewable energy portfolio.

SOLAR SCHOOLS

8 schools that went solar in 2019, by Kelsey Misbrenner, Solar Power World
Solar installations powering K-12 schools are on the rise. Creative financing through PPAs and grants help make these nonprofit installations a possibility, and the benefits are vast: Schools save money on electricity, and students get firsthand experience with solar energy.

4 misconceptions about large-scale solar

By Patrick Smith, American Public Power Association

When it comes to large-scale solar for utilities and municipalities, the Solar Energy Industries Association reports that there are 37,000 MW in operation, with a whopping 74,000 MW additional in development. With such widespread solar adoption, it’s clear that many believe in the power of solar. However, there’s also a lot to understand behind the scenes, which can sometimes lead to misconceptions. Here, we’ll address and correct some of the more common ones. Continue reading here.

Also Published by the American Public Power Association
Report sees dramatic increase of solar-plus-storage projects, by Peter Maloney

ADDITIONAL RECOMMENDED READING

GREEN CAMPUSES

Sol Systems, University of Illinois sign PPA for 12.1-MW solar project, Solar Power World
The PPA structure will yield cost savings for the university of approximately $300,000 in the first year and an estimated $5 million over the life of the project. Sol Customer Solutions (SCS), the joint venture between Capital Dynamics and Sol Systems, will design, build, operate, finance and maintain the solar farm for the life of the PPA.

MICROGRID NEWS & RESOURCES

 INTERVIEW

The EV Resistance: Gas Automakers Vs Tesla, by Brooke Crothers, Forbes
General Motors and Toyota were early leaders in electric vehicles. But a lot has changed in 20 years. I recently spoke with Chris Paine, director of the documentary “Who Killed the Electric Car” (2006) and the sequel “Revenge of the Electric Car” (2011), and a longtime follower of the EV and Tesla.

GLOBAL SOLAR PANEL RECYCLING MARKET

Rising Adoption of Solar Power Driving Solar Panel Recycling Market, PV Magazine International
The global solar panel recycling market was valued at $80.7 million in 2017 and is expected to reach $269.8 million by 2023, growing at a CAGR of 22.0% during the forecast period (2018–2023).

Infrastructure and Energy Alternatives, Inc. Announces Wind Construction Project Award in Nebraska

Infrastructure and Energy Alternatives Press Release, Globe Newswire

The award is for construction of the Thunderhead Wind Project in Antelope and Wheeler counties in Nebraska. The project will consist of 108 GE turbines with 300 megawatts of capacity. The power will be delivered into the Nebraska electrical grid. Work on the project began in November with completion scheduled for September 2020. The scope of IEA’s work includes construction of project access roads and turbine foundations, as well as erection of the turbines. Read more here.

Previously Posted: AT&T set to buy power output from new northeast Nebraska wind farm, News Channel Nebraska

Photo Credit: Invenergy

MORE CORPORATE NEWS

RE100 UPDATE: 216 RE100 companies have made a commitment to go ‘100% renewable’. Read about the actions they are taking and why.

RE100 ANNUAL REPORT

 

 

Going 100% renewable: how committed companies are demanding a faster market response

 


ENERGY STORAGE NEWS

NEW PV MAGAZINE US SENIOR EDITOR: PV Magazine announces veteran industry journalist, Eric Wesoff, as US senior editor

TIME-OF-USE RATES: Survey: Customer education needed for time-of-use rates to be successful, Energy News Network

SOLAR SCHOOLS: Editorial: PPAs offer a financial bright side for our schools, Richmond.com

CIRCULAR ECONOMY: The circular economy can be a holistic approach to addressing climate change, GreenBiz

NATIONAL CLIMATE BANK ACT: National Climate Bank initiative could be a boon for solar, PV Magazine. A companion bill to the National Climate Bank Act is expected to be introduced in the House, which could provide a huge boon to the solar and the solar plus storage markets.

CLIMATE RISKS

SEIA NEWS RELEASE

Study: Solar Tariffs Cause Devastating Harm to U.S. Market, Economy and Jobs
Tariffs on imported solar cells and modules have led to the loss of more than 62,000 U.S. jobs and $19 billion in new private sector investment, according to a market impact analysis released today by the Solar Energy Industries Association (SEIA).

Multinationals pushing governments to enable renewable energy deployment

By Robin Whitlock, Renewable Energy Magazine

RE100, the global corporate initiative led by The Climate Group in partnership with CDP, has now counted 200+ multinational companies targeting 100 percent renewable electricity, by 2028 on average; with one in three already above 75 percent renewable. One in two are preparing to use their influence with stakeholders, such as policy makers and utilities, to push for faster transition to renewables. RE100 membership has grown by over a third in the last year, with the energy-critical Asia Pacific region accounting for over 40 percent of new joiners. Three more companies joining today include the Ralph Lauren Corporation. Read more here.

For additional information: RE100

FEATURED SOLAR SCHOOLS REPORT

Powering A Brighter Future: A Report on Solar Schools in Virginia, Generation 180
Power purchase agreements (PPAs) are the primary method Virginia schools use to finance solar installations. Nationwide, PPAs account for nearly 90% of K-12 solar school installations since 2014.4 Through a PPA, a third party purchases, owns, and maintains the solar panels, and the school or district agrees to buy the electricity produced by the system for the length of the agreement, often 25 or more years. PPAs are popular with schools because they make it possible to install solar with little-to-no upfront investment or ongoing maintenance costs. In addition, the school or district typically pays a lower electricity rate than it previously paid the utility, resulting in immediate energy cost savings.

MODEL CHARITABLE SOLAR PROJECTS

Solar field, pre-K both examples of public-private fund-raising efforts, The Toledo Blade
Charitable projects with both public and private roots took center stage in Toledo on several occasions during 2019, with the most recent being the official start of a solar-energy project on the former Jeep factory site whose revenues will benefit nearby neighborhoods.

BLACK HILLS ENERGY

Colorado utility sees “opportunistic window” to save money with solar and wind plus storage, PV Magazine. Black Hills Energy is seeking 200 MW of solar power or wind plus energy storage capacity as part of an RFP, driven – not by any requirements – but by 2019 summertime bids solar and solar plus storage bids of 2.4¢/kWh and 3.6¢/kWh and the pending step down of the 30% investment tax credit.

Black Hills Energy serves 1.2 million customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

MORE ENERGY TRANSITION NEWS

This Energy Transition Is Different. Here’s Why, by contributor Andy Stone, Forbes
Renewable energy employment already far surpasses employment in fossil fuels, and the gap will continue to grow.  Economics clearly favor an energy transition. All of this serves to show that conditions are in fact ripe for us to reach the goals outlined under the Paris Accord.  Despite arguments to the contrary, at our time of existential crisis when rapid change is required, we have the tools at hand to get the job of energy transition done.

Andy Stone is producer and host of the Energy Policy Now Podcast from the University of Pennsylvania’s Kleinman Center for Energy Policy, and consultant on policy and communications issues with energy sector advisory firms.

FEATURED SOLAR WORKFORCE RESOURCES

  • The Solar Training Network is a workforce development program led by The Solar Foundation and funded by the Department of Energy. Through original research, solar-focused career fairs, regional employer-instructor summits and an online interactive directory, the Solar Training Network improves understanding of the solar jobs landscape and lays the groundwork for a better qualified and more diverse solar workforce.
  • The Solar Energy Industries Association: Careers in Solar Energy

Solar as a crop? Penn State to install state’s largest solar array on 500 acres of farmland.

By Ellie Rushing, The Philadelphia Inquirer

Glenn and Catherine Dice have been farmers all their lives, owning 60 cows at one point and growing corn, wheat, alfalfa, and barley on what has become 700 acres in Franklin County, southwest of Harrisburg. But in the last year, the Dices added a new crop to their fields: solar panels. In a growing trend across Pennsylvania and the rest of the country, the Dices have agreed to a 25-year contract to rent 134 acres to Lightsource BP, a London-based solar company with an office in Philadelphia. Lightsource is renting a total of 500 acres of land from seven Franklin County farm owners to install a utility-scale solar array with 150,000 panels, in what will be the largest solar installation in the state. It will sell the power generated to Pennsylvania State University, providing 25% of the university’s electrical needs for all its campuses. As a nonprofit, Penn State is not eligible for the 30% tax incentive that comes with installing solar. Since Lightsource is eligible, purchasing the electricity through that company significantly reduces the university’s entry cost and liability. Read more here.

BNEF: Corporations signed contracts for 8.6 GW of clean energy in 2019

By Michelle Froese, Windpower Engineering

U.S. corporations bought 5.95 GW of clean energy in 2019, closing in on the 2018 total, according to BloombergNEF’s (BNEF) recently published, 2H 2019 Corporate Energy Market Outlook. The report shows that companies are once again flocking to Texas – historically the largest corporate procurement market in the country – where 40% of the activity in 2019 has occurred. However, just 1 GW of deals in the U.S. have come from green tariffs with regulated utilities. It is unlikely to reach the 2.6 GW seen in all of 2018.

This may be a result of buyer apprehension, as several companies have been involved in highly publicized legal battles with regulated utilities over clean energy buying. Companies are instead favoring the virtual PPA model, which has made up 82% of all U.S. deals in 2019. Read more here.

Resources for Businesses


RE100:
191 RE100 companies have made a commitment to go ‘100% renewable’. Read about the actions they are taking and why.

Renewable Energy Buyers Alliance (REBA)
In 2018, four leading NGOS — Rocky Mountain InstituteWorld Wildlife FundWorld Resources Institute, and Business for Social Responsibility — merged their renewable energy programs, the Business Renewables Center, the Future of Internet Power, the Buyers Principles, and Green Tariff programs. This programmatic consolidation builds upon their collective success and offers a single streamlined solution.

REBA’s goal is to catalyze 60 gigawatts (GW) of new renewable energy by 2025, and expand the number of organizations buying clean power from dozens today to tens of thousands.

 

U.S. Renewable Energy Map: A Guide for Corporate Buyers,
World Resources Institute

 

Save the Date!
September 12, 2019 at 7 pm – Nebraskans for Solar’s September Speaker: David Bracht, Attorney With Kutak Rock and Former Nebraska Energy Office Director, UNO’s Barbara Weitz Community Engagement Center, Rooms 201 & 205. Mr. Bracht will provide an overview of Nebraska’s wind and solar development and our state’s potential for future growth.

Specific topics will include:

  • power purchase agreements
  • virtual power purchase agreements
  • commercial and industrial use of solar
  • the potential for combined solar and battery installations
  • incentives and depreciation

GreenBiz Webcasts

Climate Courage—Cities and States Matter, Too

Across America, local governments are leading the way with some of the
most progressive transitions in the nation.

Contributed Opinion by Frances Moore LappéZachary Field, Common Dreams

More than one in five Americans—that’s over 70 million of us—now live in a place committed to 100 percent carbon-neutral electricity—including 131 towns and cities, seven states and Puerto Rico. The seven states already committed to carbon-neutral electricity—including two of the top nine carbon-emitters, California and New York—representing 14 percent of national emissions in 2016. With new clean-electricity bills being introduced in blue states such as MassachusettsNew Jersey and Illinois, further progress is expected soon. Moreover, the clean-electricity transition is hardly limited to liberal bastions. Continue reading here.

MORE 100% RENEWABLE ENERGY NEWS

VIRTUAL POWER PURCHASE AGREEMENTS

Q&A: How Akamai, VPPAs Are Paving the Way for a Corporate Clean Energy Future, sponsored content by Akamai, Sustainable Brands. Akamai, which has committed to power the internet more sustainably, took part in the US’ first corporate aggregated VPPA — a game-changing approach for smaller renewable energy buyers.

Save the Date!
Nebraskans for Solar’s September Speaker: David Bracht, Attorney With Kutak Rock and Former Nebraska Energy Office Director, September 12, 2019, 7 to 8:30 pm, UNO’s Barbara Weitz Community Engagement Center, Rooms 201 & 205. Mr. Bracht will provide an overview of Nebraska’s wind and solar development and our state’s potential for future growth.

Specific topics will include:

  • power purchase agreements
  • virtual power purchase agreements
  • commercial and industrial use of solar
  • the potential for combined solar and battery installations
  • incentives and depreciation

Free Greentech Media & Microgrid Knowledge Resources for Businesses, Nonprofits and Utilities

Checklist for Engaging Your Utility on Renewable Power: An energy buyer’s guide to finding the right partners to achieve your clean energy goals.

While large corporations were responsible for nearly 6 gigawatts’ worth of wind and solar power-purchase agreements last year, the options for affordable, clean, low-carbon energy are increasingly available to companies of all sizes. And when it comes to choosing an energy partner, the distribution utility that already serves your organization may be the best place to start. In this paper, Greentech Media discusses a framework for engaging your utility to move toward achieving your clean energy goals, whether the driver is sustainability, reliability, cost savings or a combination thereof.
Download the white paper here.

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The Evolution of Distributed Energy Resources

In the words of Pittsburgh Mayor Bill Peduto, we will enter a time soon when we no longer make our morning toast with energy sent from a power plant hundreds of miles away. Peduto is describing an evolution toward a more decentralized power grid, a shifting away from electricity delivered via large central power plants and long transmission lines.

While energy industry insiders are well aware of these changes, many energy consumers are not. For those managing large energy budgets, such as commercial operations, industrial facilities, hospitals and universities, this can mean money left on the table. Microgrid Knowledge produced this report, sponsored by NRG Energy, Inc., to help these sectors understand the suite of new energy options. Download the white paper here.

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How Corporations Can Embrace Distributed Energy Like Never Before

Distributed energy is an increasingly valuable player for any sustainable company that has a focus on integrating environmental and economic considerations into every aspect of the business, from supply chain management to workforce development to energy, to redefine business as usual. Whether companies want to hit sustainability goals, manage risk or optimize assets for financial gain, the expanding use of DERs is creating significant opportunities to power business in new ways.

In this white paper, Centrica Business Solutions outlines how a mix of sophisticated partnerships across the energy landscape, along with innovative financing and technology collaboration, can unlock flexible energy solutions for businesses of all sizes to embrace energy management like never before.  Download the paper here.

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2019 Trends in Utility Renewable Energy Financing

U.S. utilities of all sizes are now actively investing in lowest-cost energy options while also seeking low-carbon alternatives as states step up their clean energy mandates, with various states looking at 50 to 100 percent clean energy standards between now and 2050. Although the path for utilities to achieve scale in renewable investment varies, there are some interesting near-term issues that are relevant to a large swath of utilities.

In this white paper, CohnReznick and CohnReznick Capital experts dissect those issues, including the impact of build-transfer agreements, the challenges of third-party tax equity and the opportunity to better serve commercial & industrial clients in this shifting landscape. Download the paper here.

Mondelez International Signs VPPA for 65 MW from Texas Solar Farm

By Alyssa Danigelis, Energy Manager Today

Mondelez International signed a virtual power purchase agreement (VPPA) with Enel Green Power North America for a 65-MW portion of the renewable company’s Roadrunner solar farm in Texas. EGPNA has been on a roll. Last year saw Starbucks and Kohler signing agreements as well as Facebook and Adobe snapping up energy from the 320-MW Rattlesnake Creek wind farm. Late last year, Enel’s Hill Topper wind farm in Illinois began operations. Then the Rattlesnake Creek wind farm in Nebraska started operations in January. Read more here.

Photo Credit: Enel Green Power

Previously Posted Virtual Power Purchase Agreements

Resources

Renewable Energy Aggregation & Purchase Agreements

Educational Opportunities