A coalition of groups led by the Energy Storage Association (ESA) is calling on lawmakers in the U.S. House and Senate to clarify that energy storage systems qualify for the Investment Tax Credit (ITC), an incentive they say could help clean energy companies obtain financing, compete internationally and grow. (more…)
The dramatic drop in the cost of solar photovoltaic (PV) modules, which has fallen by 99 percent over the last four decades, is often touted as a major success story for renewable energy technology. But one question has never been fully addressed: What exactly accounts for that stunning drop? (more…)
The “volume firming agreement” could mitigate some of the risk and volatility of renewable energy power purchase agreements, helping to expand procurement beyond large corporate buyers. (more…)
Lazard’s latest numbers illustrate how renewable energy’s ability to challenge existing coal generation on cost is spreading across the U.S. (more…)
BNEF has significantly increased its forecast for global deployment of behind-the-meter and grid-scale batteries over coming decades. (more…)
Wind power capacity has tripled across the United States in just the last decade as prices have plunged and the technology has become more muscular, the federal government’s energy labs report.
The global energy giant ExxonMobil recently dropped a tantalizing hint that it is gearing up for a significant investment in renewable energy, but don’t get too excited. The company’s interest is apparently limited to deploying low cost renewables to help run — and potentially grow — its massive oil and gas operations in Texas.
Wind power capacity in the United States continued to experience strong growth in 2017 due to the production tax credit, various state-level policies, and improvements in the cost and performance of wind power technologies, yielding low-priced wind energy for utility, corporate, and other power purchasers.
The top 4 wind market industry trends of 2017:
With the gradual phase-out of the production tax credit already underway, the next few years will tell us whether wind power will remain a single-digit energy source or whether it is destined for bigger things. Here are four things I will be watching as this story unfolds: (more…)