Dynamic pricing could advance renewables while cutting both customer costs and system costs, suggests a petition from solar and storage industry participants. They call for a rulemaking process to give all customers the option to choose real-time pricing.
Citing Hawaii’s potential to reach 80 percent renewables by 2030, saving $6.5 billion in the process, the investment fund’s founder says Hawaiian Electric “has the potential to be the utility of the future.”
The Puerto Rico utility’s favored generation plan, in a report prepared by Siemens, involves an LNG terminal at San Juan and would achieve only 55% renewables by 2038. A scenario without LNG would reach 79% renewables by 2038 at comparable cost, based on undisclosed cost assumptions.
Governors-elect in Colorado and Connecticut want a 100% renewables mandate. Approaching 100% is the goal for governors-elect in Illinois, Nevada and Maine.
The new governors favor policies such as a higher renewables mandate, community solar, increased use of storage, and expanding the Western grid, reports the nonprofit Advanced Energy Economy.
A new web tool lets consumers in six Southern states see how their utility is embracing solar or blocking it; the tool could help consumers promote improved solar policy.
A solar plant can increase its output by starting from a curtailment status and then reducing curtailment. If grid operators schedule in advance both solar curtailment and increased solar output, the cost-saving level of solar increases substantially.
The platform will be designed to enable tracking and peer-to-peer trading of certificates at the kilowatt-hour scale, at low cost and with improved ease of use.
The island would transition from 2% renewables now to 100% by 2050, in a plan collaboratively developed and endorsed by industry groups and city mayors.
By offering long-term solar mortgages that can be repaid from project cash flows, the founders of Radiant REIT plan to meet an industry need. The REIT is starting with a $300 million fund.
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