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Solar ITC Extension Would Be ‘Devastating’ for US Wind Market: WoodMac

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An extension of the photo voltaic funding tax credit score (ITC) at its 30 % worth could be “devastating” to the longer term U.S. wind market, in response to a brand new Wooden Mackenzie report.

The U.S. is on observe so as to add a report 14.6 gigawatts of latest wind capability in 2020, and practically 39 gigawatts throughout a three-year set up growth from 2019 to 2021, in response to Wooden Mackenzie’s 2019 North America Wind Energy Outlook.

However the market’s trajectory begins to look extremely unsure from the early 2020s onward, and photo voltaic is among the most important the reason why.

Because the daybreak of the fashionable American renewables market, the wind and photo voltaic sectors have largely been allies on the nationwide stage, benefiting from lots of the identical clean-energy insurance policies and sharing big-picture objectives. Till lately, wind and photo voltaic firms not often discovered themselves in direct competitors.

However the image is altering as photo voltaic catches as much as wind on price and the grid penetration of renewables surges. What was as soon as a imprecise alliance between the 2 quickest rising renewables applied sciences may morph right into a critical rivalry.

Whereas many mission builders are actually lively in each sectors, together with NextEra Power Sources, Invenergy and EDF, the nation’s thriving base of wind producers may face harder days forward.

The ITC’s inherent benefit

At this level, wind stays photo voltaic’s greater sibling in some ways.

The U.S. has practically 100 gigawatts of put in wind capability immediately, in comparison with round 67 gigawatts of photo voltaic. With their considerably increased capability elements, wind farms generated 4 occasions extra energy for the U.S. grid final yr than utility-scale photo voltaic vegetation, for a mixed wind-solar share of 8.2 %, in response to authorities figures. (Distributed PV methods additional add to photo voltaic’s contribution.)

But it surely’s lengthy been clear that wind would lose its edge sooner or later. The annual photo voltaic market now recurrently tops wind. The price of photo voltaic vitality is falling extra quickly, and seems to have extra runway for additional discount. Photo voltaic’s inherent technology sample is extra helpful in lots of markets, delivering energy throughout peak-demand hours, whereas the wind typically blows strongest at night time.

After which there’s the matter of the photo voltaic ITC.

In 2015, each wind and photo voltaic secured historic multi-year extensions to their most important federal subsidies. The extensions gave each industries the longest interval of coverage readability they’ve ever loved, setting in movement a tidal wave of installations set to crest over the following few years.

Even again in 2015, nonetheless, it was clear that photo voltaic received the higher deal in Washington, D.C.

Whereas the wind manufacturing tax credit score (PTC) started phasing down for brand new initiatives nearly instantly, photo voltaic builders got till the tip of 2019 to qualify initiatives for the total ITC.

And critically, whereas the wind PTC drops to nothing after its sundown, commercially owned photo voltaic initiatives will stay eligible for a 10 % ITC ceaselessly, primarily based on the prevailing laws. Over time, that quantities to an enormous benefit for photo voltaic.

In one other twist, the photo voltaic business is now overtly preventing for an extension of the 30 % ITC, whereas the wind business seemingly stays cooler on the prospect of pushing for the same prolongation — having mentioned the present PTC extension could be the final.

Loads of tailwinds, too

Wooden Mackenzie’s report catalogues a number of elements that would work for or towards wind market within the “uncharted” post-PTC years, lots of them past the business’s direct management.

If issues go nicely, annual installations may bounce again to near-record ranges by 2027 after a mid-decade contraction, the report says. But when they go badly, installations may stay depressed at four gigawatts or beneath from 2022 via many of the coming decade, and that features an anticipated uplift from the offshore market.

An extension of the photo voltaic ITC with out extra wind assist would “severely compound” the wind market’s wrestle to rebound within the 2020s, the report says. The already-evident shift in company renewables procurement from wind to photo voltaic may intensify dramatically.

The opposite huge problem for wind within the 2020s is the dearth of progress on transmission infrastructure that will join probably large low-cost wind farms in inside states with greater inhabitants facilities. A hoped-for nationwide infrastructure package deal which may tackle the difficulty has not materialized.

Even so, many within the wind enterprise stay cautiously optimistic concerning the post-PTC years, and builders proceed to construct out longer-term mission pipelines. 

Turbine know-how continues to enhance. And an extension of the photo voltaic ITC is much from assured.

Different elements that would work in wind’s favor within the years forward embrace:

The nascent offshore sector, which regardless of lingering regulatory uncertainty on the federal stage seems set to blossom right into a multi-gigawatt annual market by the early-2020s. Lobbying efforts for an offshore wind ITC extension are gearing up, providing a possible space for cooperation between wind and photo voltaic.

The potential linkage of coverage assist for vitality storage to wind initiatives, constructing on the present linkage with photo voltaic.

Rising electrical automobile gross sales and a shift towards time-of-use retail electrical energy billing, which may increase energy demand throughout off-peak hours when wind technology is powerful.

The land-use benefits wind farms have over photo voltaic in some agricultural areas.

 

***

Wooden Mackenzie wind purchasers can entry the report of their accounts right here. Not but a analysis shopper? Study extra concerning the report right here.

 

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How Main Street Project creates healthier farms and stable economics for farmers

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Food Fix book coverExcerpted from “Meals Repair,” copyright 2019 by Mark Hyman M.D. Used with permission of Little, Brown and Firm, New York.  All rights reserved.

In a room full of cowboy hats, Regi Haslett-Marroquin cuts a distinctioning determine. As the native Guatemalan takes the stage to handle the hundreds of farmers and ranchers who have gathered in Albuquerque, New Mexico, for the 2018 Regenerate convention, his humble brilliance electrifies the room. “We aren’t meals producers,” he says, softly smiling at his paradoxical problem. “We are vitality managers.”

Regi is among the architects of the Fundamental Avenue Challenge (MSP), a poultry-centered regenerative agroforestry system that goals to equip farmers to resolve our nation’s meals disaster. It’s not sufficient to simply blame Huge Ag, he says; we have to create new methods of considering and doing on the subject of meals manufacturing.

MSP begins with a regenerative farming mannequin that’s constructed not on a nearsighted drive towards most revenue, however on a triple backside line. Agriculture should be ecologically, economically and socially viable.

Regi says their strategies are knowledgeable by indigenous data, supplemented by farmers’ personal experiential studying and validated by scientific testing. When he tells the story of hen, he speaks of their origin as jungle fowl, residing underneath the canopies of forests. This origin is a lengthy method from the cages of at this time’s manufacturing unit farms. Regi and MSP are designing a system that mimics this origin by elevating chickens in meals forests that produce the meals sources that the chickens eat. MSP’s free-range poultry are raised in paddocks planted with a “stacking perform” mixture. This sort of farming is known as “silvopasture,” or elevating animals in forests or bushes. Hazelnut bushes present shade, meals for the chickens and an further supply of earnings from promoting the nuts. And the bushes defend the chickens from aerial predators such as hawks. Cowl crops like legumes, together with the manure from the chickens, assist to place nitrogen into the soil. A selection of grains grown on-site present extra hen feed, which reduces the amount of cash farmers have to spend on outdoors feed sources. The chickens additionally eat tons of bugs. The farm is constructed as a residing ecosystem, and Regi jokes that it’s simpler to work with nature relatively than struggle it.

One of these agriculture … is resilient and low influence, protects and builds soils, conserves water, and attracts down carbon from the environment, all whereas producing wholesome, nutrient-dense meals.

With their fast progress, chickens, whether or not for meat or eggs, present a constructive income stream at a low value of entry. Assume of this sort of farming as a mutual fund versus an particular person inventory. There are a number of crops, livestock, and a number of streams of income, creating a more healthy farm and extra secure economics for the farmers. Chickens are at the middle of MSP’s system as a result of they work so properly with the crops, farmers, and setting. They’re a “one-stop weed-eating, bug-killing, soil-enhancing alternative for the counter-productive artificial pesticides, herbicides, and fertilizers destroying typical farms and their communities.” This sort of agriculture diversified, intensive, integrating animals, bushes, and crops in a pure ecological restorative cycle is resilient and low influence, protects and builds soils, conserves water, and attracts down carbon from the environment, all whereas producing wholesome, nutrient-dense meals.

This is kind of a distinction to the factory-farmed horror that’s the majority of American hen manufacturing: large buildings the place 1000’s of chickens are crammed into cages, are fed imported grain and antibiotics, and pollute the setting. Tyson Meals dumped 104 million kilos of pollution into waterways, extra than Exxon, and is the second-biggest industrial polluter after Huge Metal. Which hen would you desire to feed your household? The antibiotic- and arsenic-laced industrial chickens? Eggs which can be pale yellow, devoid of vitamins? Or forest- and bug-fed chickens, and eggs with deep orange yolks dense in phytochemicals and vitamins?

All people wins when the aim is regenerating human and environmental well being relatively than merely extracting a revenue at any value.

MSP helps farmers incubate their very own enterprises with a aim of creating regional meals programs. They are constructing a poultry-production system that can even assist immigrant communities transfer from laboring in an exploitative system to proudly owning a small enterprise. At the identical time, the group advantages from the elevated entry to native, wholesome meals and the financial increase of thriving native markets. After years proving their idea, MSP is increasing from their central farm into a regional cluster of farms in southeast Minnesota. Their blueprint can be being utilized to companion farms in Mexico, Guatemala, Honduras, and South Dakota. All people wins when the aim is regenerating human and environmental well being relatively than merely extracting a revenue at any value. If the true prices of meals manufacturing have been included within the worth, these strategies would supply less expensive meals.

Regi’s story is one thread in an increasing tapestry of regenerative agricultural innovation that’s occurring internationally. Efforts are underway to transform thousands and thousands of acres of land to those sorts of integrated regenerative farms and ranches. Whereas this innovation has developed on the margins, it’s making its solution to the mainstream. Basic Mills, one of many nation’s largest meals firms, has pledged to “advance regenerative agricultural practices” on 1 million acres of farmland by 2030. That’s an enormous step in the proper route. Different firms such as Danone and Nestlé are additionally committing to shift their provide chain to regenerative agriculture. Purdue Farms has additionally responded to shopper demand by eradicating all antibiotics from their hen farms, and shifting towards extra natural, regenerative and pasture-raised animal farming.

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40,000 Miles & 15 Months Living In A Tesla Model 3 | CleanTechnica

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Vehicles

Printed on February 22nd, 2020 |
by Jake Richardson

February 22nd, 2020 by Jake Richardson 

Residing in a automotive, van, or RV doesn’t enchantment to that many individuals, however for the intrepid minority who do stay this way of life, it may well provide some unconventional and enriching experiences for individuals who select cell residing out of necessity or for individuals who achieve this for the liberty to journey as a lot as their budgets enable.

Picture Credit score: Zach Shahan, CleanTechnica

One of many primary points with such a life-style is the dearth of house, so vans and RVs are extra fashionable than automobiles. If you’re single, you may contemplate living in a automotive much less difficult and select to do it so to journey solo far and vast. Of the automotive life crowd, virtually none have a Tesla Mannequin 3, which is what makes this video interview intriguing.

In the event you stay in an all-electric car, it can save you some huge cash by not having to purchase fuel. Tesla has its personal EV charger community — one that’s superior to typical public chargers in key methods. There are about 15,000 Tesla chargers now. House owners get a sure variety of miles free at buy, after which convincing others to purchase a Tesla (utilizing your referral code) can hold including on extra free miles (1,000 per referral). So, for those who do properly sufficient with this, you’ll be able to mainly drive round at no further value past the price of the automotive, insurance coverage, and occasional upkeep like new tires.

In the event you had been going to stay in a automotive and wished to be extra environmentally delicate and get monetary savings on gas, a Tesla inevitably can be an incredible possibility.

Bob Wells, from CheapRVLiving, has been interviewing many individuals who stay the cell way of life in a wide range of autos and setups for years now. The lady who lives within the Tesla truly owns a house however rents it for the revenue. She additionally works whereas touring and residing within the Mannequin Three to help herself. She says she has spent about 15 months within the electrical car and traveled 40,000 miles.

At instances, she additionally finds free public charging stations, which aren’t practically as quick because the Tesla chargers. At a Tesla charger, she stated she has paid about $5 for 200 miles of electrical energy. Through the use of some free charging, she diminished her whole charging prices for the 40,000 miles by one third.

Residing in a Tesla Mannequin 3, the Mannequin Y when it turns into accessible, or the Cybertruck is an intriguing possibility. If the month-to-month cost was about $800, however you lived in it and at the least typically obtained free charging, you possibly can journey whereas holding your gas prices very low.

In the event you labored on-line out of your Tesla residence on wheels, you possibly can additionally generate revenue concurrently. I don’t understand how the revenue tax legal guidelines apply, however for those who lived and labored in a automotive you additionally used for enterprise, there might be potential tax deductions, proper?

At one level within the video, the Mannequin Three proprietor makes the purpose that the Cybertruck will likely be accessible quickly. Absolutely, due to it’s ruggedness and vary, will probably be a candidate for cell residing as properly. The additional house within the mattress, in contrast with the Mannequin 3, can be fairly a bonus for storage and perhaps sleeping, relying on the wants of the driving force. Even two individuals could wish to stay in it collectively.

 
 

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It’s going to make you content & assist you stay in peace for the remainder of your life.

Tags: EV opinions, Tesla, Tesla Cybertruck, Tesla Mannequin 3, Tesla Mannequin Three opinions, Tesla Mannequin Y


Concerning the Writer

Jake Richardson Hi there, I’ve been writing on-line for a while, and benefit from the outdoor. In the event you like, you’ll be able to comply with me on Twitter: https://twitter.com/JakeRsol



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FERC Decisions Could Undermine Renewables and Energy Storage in New York Capacity Markets

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The 2-Republican majority on the Federal Power Regulatory Fee has issued one other set of choices that can help fossil-fuel energy vegetation on the expense of renewable vitality and vitality storage — this time in New York. 

On Thursday, FERC Chairman Neil Chatterjee and Commissioner Bernard McNamee voted to reject proposals from New York state companies and its grid operator, NYISO, to permit as much as 1,000 megawatts of renewable vitality, and as much as 300 megawatts {of electrical} vitality storage sources per 12 months, to be exempt from “buyer-side mitigation” guidelines. 

The exemptions have been sought final 12 months to permit these sources to take part in NYISO’s capability market with out being compelled to bid at an administratively decided minimal value as an alternative of their true value. New York, which has set a purpose of 70 % renewables by 2030 and 100 % clear vitality by 2040, argued that the foundations are supposed to stop utilities that personal technology from gaming the market, to not prohibit new sources. 

However Chatterjee and McNamee rejected New York’s requests, a transfer critics say might value these renewable and storage sources out of NYISO’s capability market and supply a bonus to in any other case economically uncompetitive fossil-fuel-fired energy vegetation. 

FERC Chairman Chatterjee, beforehand a senior aide to Senate Majority Chief Mitch McConnell (R-Kentucky), wrote that the choices would assist “ship correct value alerts to markets and to make sure ample provides for shoppers.” 

Richard Glick, the only Democrat on FERC, voted in opposition to Thursday’s selections. In his Thursday dissent, he excoriated the choice as an try by his Republican colleagues to “prop up costs, lock within the present useful resource combine, and assault state insurance policies that promote clear vitality.”

That critique has been echoed by clear vitality teams and state policymakers who’ve grown more and more annoyed with FERC’s latest selections. 

Specifically, this week’s rulings on New York comply with intently its December determination — once more handed by Chatterjee and McNamee over Glick’s vehement objections — to drive mid-Atlantic grid operator PJM to reconfigure its capability market in ways in which might bar nearly all new technology sources, together with renewables, vitality storage and demand response, from collaborating at their true value. 

As a substitute, FERC’s ruling will drive PJM to institute a minimal provide value rule, one other assemble designed to restrict market-gaming by energy plant house owners, with the impact of weakening clear vitality’s competitiveness in opposition to fossil gasoline vegetation. 

States in PJM’s service territory have attacked the choice as a blatant try by Republicans to undermine state clear vitality mandates and targets. Illinois lawmakers are contemplating a invoice that might pull its largest utility out of PJM’s capability market altogether, and different states with clear vitality mandates, resembling Maryland and New Jersey, could also be contemplating comparable strikes. 

NYISO differs from PJM in that it serves solely a single state. However FERC’s determination this week might considerably undermine New York clear vitality targets, by eradicating the potential for renewables, batteries and demand-side sources to earn capability income. It might additionally drive up costs for New York electrical energy clients as these cheaper sources are changed with dearer capability from energy vegetation not topic to buyer-side mitigation. 

NYISO, which had requested the vitality storage exemption, issued an announcement that it’s reviewing the orders to find out if it will search a rehearing. “Aggressive electrical energy markets, which have been initially designed to supply dependable service as a minimum value, at the moment are at an inflection level,” Wealthy Dewey, NYISO president, mentioned. “The wholesale markets should now accommodate state insurance policies, not battle with them.”

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