OxBlue Construction Camera Used at Solar Decathlon 2015, Where Stevens Institute of Technology Wins First Place
LG Chem, Panasonic, and Samsung SDI Score Highest in Assessment of Lithium Ion Battery Manufacturers, According to Navigant Research
There could be a limit on how much solar power can grow. That’s because the more solar power we add to the grid, the less valuable it becomes. It’s a simple supply-and-demand story: solar reaches peak generation during sunny afternoons, but there’s a limited demand for such additional power during those times. As a result, solar begins to compete with itself, driving down the price that utilities are willing to pay generators.
Solar power accounts for less than 1 percent of the world’s electricity generation today, but as more is added to the energy mix, the economics become increasingly unfavorable. Shayle Kann, head of GTM Research, and Varun Sivaram, a fellow at the Council on Foreign Relations, cite recent studies of the grids in Texas and Germany that suggest the value of solar will be cut in half by the time it makes up 15 percent of the energy mix. A study of California’s grid concluded that if solar power were to reach 50 percent of the grid, it would be only a quarter as valuable as it was before any solar had been added. Kann and Sivaram combined the data from those studies to make the comparison below. Cont'd...
Clean energy business owners: Legislature must increase renewable energy and energy efficiency standards to rein in costs
Carbon footprint verification demonstrates WINAICO as one of the cleanest solar module producer in the world
New ACCF Report: EPA's Massive Clean Power Plan Subsidies for Wind Reinforce Calls Against PTC Renewal
Turboden launches its Turkish operations and delivers the first Turkish-made 3 MW turbine while expanding into larger size geothermal projects
Infocast's 9th Annual Storage Week Returns to San Diego to Explore Partnership & Investment Opportunities in Storage Projects
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