Supreme Court Ruling a Win for Clean Energy

Decision helps reduce barriers to critical clean energy resource, reducing rates and enhancing grid reliability

Government statistics show increase in solar installs ahead of cut - but not huge rush

Solar can still be a reasonable investment for customers under lower tariffs

The Two Things To Note In The DOE's Solar + Storage Initiative

Michael Kanellos  for Forbes:  The Department of Energy doled out $18 million in grants this week as part of an effort to drive down the cost of solar plus storage down to less than 14 cents a kilowatt hour. The DOE, under its SunShot program, has long had a goal of driving down the cost of solar alone to 6 cents per kWh by 2020.  So far, the program has hit its milestones.

Grants recipients include Austin Energy, Carnegie Mellon University, the Electric Power Research Institute (EPRI) and Aquion Energy, among others.

The DOE regularly gives out grants, but the latest program is somewhat interesting because:

First, that’s a really low price for storage. Utility-scale solar, generally cheaper than residential solar, without storage delivered power for 14 cents a kilowatt hour in 2014. The cost of batteries, however, has been declining rapidly. Ten years ago, batteries progressed slowly compared to other electronic devices: Tesla Motors TSLA +0.50% co-founder and CTO J.B. Straubel was famous for noting that the performance of batteries doubled every decade, versus the roughly two year cycle for semiconductor.   Cont'd...

Judges' Decision to Allow Clean Power Plans to Move Forward is the Right Approach

Following is a statement from Dan Whitten, vice president of communications for the Solar Energy Industries Association (SEIA), on federal judges' rejection of efforts to block states from developing plans under EPA's carbon rule for existing power plants.

U.S. Department of Energy Awards ComEd $4 Million for Renewable Technology

Second DOE award to help bring solar energy and batteries to Chicago's Bronzeville neighborhood

SolarCity CEO: Governor Sandoval's PUC Owes Nevadans the Truth about Decision to Kill Rooftop Solar

SolarCity (NASDAQ: SCTY) today published the following blog post:

Solar Industry Applauds Gov. Cuomo's Commitment to Clean Energy

Following is a statement from Rick Umoff, Director of State Affairs for the Solar Energy Industries Association (SEIA), in response to today's remarks by Gov. Andrew Cuomo in his 2016 State of the State:

The Solar Industry Commends President Obama's #SOTU Commitment to Clean Energy

Following is a statement from Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), in response to President Obama's State of the Union Address:

Vivint Solar CEO Comments On Net-Energy Metering Rule In Nevada

Vivint Solar CEO, Greg Butterfield, responds to the net-energy metering rule adopted by the Public Utilities Commission in Nevada.

French Biofuel Maker Is Tested by $35 Oil Despite Tax Breaks

Francois De Beaupuy  for Bloomberg:  Global Bioenergies SA, an unprofitable French maker of sugar-based gasoline, said oil’s recent slump to $35 a barrel is testing the financial viability of its technology even as it plans expansion in the U.S.

“The economic case doesn’t stand with oil at $35, except when there’s a tax incentive” as in various European countries and the U.S., Chief Executive Officer Marc Delcourt said in an interview. Without tax breaks, the company would need Brent crude well above $100 a barrel, he said.

Shares of Global Bioenergies, listed in Paris since 2011, have dropped more than 50 percent from their peak in May as oil’s collapse raised investor concern that biofuel makers couldn’t compete. Delcourt is counting on the end of European sugar production quotas in 2017 and changes in U.S. eating habits to keep the sweetener’s price low as it eyes additional capacity. Raw-sugar futures are trading at half their price five years ago.   Cont'd...

China to cut on-grid tariffs for solar, wind power: State planning commission

Reuters - China will cut payments to wind and solar electricity generators for contributing power to the grid, the country's state planning commission said over the weekend, reflecting recent declines in operating costs.

Starting in 2016, on-grid tariffs for solar producers will be 0.02 to 0.10 yuan lower per kilowatt-hour — with the higher cuts applying in the country's less populated, arid western region — while tariffs for wind power generators will fall 0.02 to 0.03 yuan, the National Development and Reform Commission said in a statement.

The cuts, which were expected, are in line with a 0.03 yuan cut on Wednesday to on-grid tariffs for thermal power. Coal still fires more than 70% of China's power generation.  Cont'd...

Koch brothers defeat Harry Reid on solar power

By ESTHER WHIELDON for Politico:  Harry Reid’s home state dealt a lethal blow Tuesday to rooftop solar power — the latest skirmish of a nationwide green energy battle that has pitted the Senate Democratic leader against his favorite target, the Koch brothers.

The move by Nevada’s utility regulator, which voted to slash the economic incentives for homeowners to install solar panels, was most immediately a showdown between billionaires Warren Buffett, owner of the state’s largest power company, and Elon Musk, whose SolarCity is the nation’s largest installer of panels that create electricity from the sun. But it also served as a proxy fight in a national struggle about states’ green energy programs, in which free-market groups backed by industrialists Charles and David Koch have fought to roll back incentives that they argue distort the marketplace and force some customers to subsidize other people’s power choices.  Cont'd...

Vivint Solar Statement On Nevada Public Utilities Commission Proposed Decision

Vivint Solar (NYSE: VSLR) CEO, Greg Butterfield, released the following statement regarding the upcoming rooftop solar decision by the Nevada Public Utilities Commission:

Japanese Towns Bank on Renewable Energy

By MAYUMI NEGISHI for the WallStreet Journal:  Japanese cities are entering the renewable-energy business, the latest phase in a shake-up of the nation’s power sector in the aftermath of the 2011 Fukushima nuclear crisis.

So far, about 14 cities have formed companies to generate clean energy from local resources and sell it to area businesses and homes. With full deregulation of the nation’s electricity markets set to begin next year, the government aims to have 1,000 such city-operated companies up and running by 2021 in a direct challenge to regional power monopolies.

The move is part of Japan’s strategy for creating energy self-sufficiency, while helping revitalize communities with infrastructure investment.  Cont'd...

Spending and Tax Deal Brings ITC and PTC Extensions

Sahir Surmeli for National Law Review:  Early Wednesday morning Congressional leaders reached agreement on a year-end spending and massive tax deal that would prevent a government shutdown and extend a series of tax breaks that benefit businesses and individuals. The agreement has major implications for the future of the energy industry and is being hailed by many as a dramatic victory for those in the renewable energy community. 

The Investment Tax Credit (ITC), which was slated to drop to 10 percent from 30 percent for solar systems on commercial properties after 2016, would now remain at 30 percent for projects that start construction by December 31, 2019. Projects that start construction in 2020 would qualify for a 26 percent credit and that level would drop to 22 percent for facilities started in 2021. From 2022 on it would remain at 10 percent.  Cont'd...

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