NewEnergyNews

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

  • Monday Study – Solar Net Metering Takes Centerstage
  • THE DAY BEFORE

  • Weekend Video: Have It All With The THRIVE Act
  • Weekend Video: New Energy Overview
  • Weekend Video: Game-Changing Battery Breakthrough
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Climate-Driven Extreme Weather Worsening
  • FRIDAY WORLD HEADLINE-Global New Energy Jobs To Grow 500%
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT WEDNESDAY, July 28:

  • TTTA Wednesday-ORIGINAL REPORTING: Transition To Renewables Up Push For Reliability
  • TTTA Wednesday- Policymakers Back Batteries For Solar
  • THE LAST DAY UP HERE

  • Monday Study – Big Wind Building Around The World
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • THINGS-TO-THINK-ABOUT WEDNESDAY, August 4:
  • ORIGINAL REPORTING: The Conundrum Of Controlling Rates With Rising Costs
  • The Fight For Tomorrow’s Grid Gets Bigger

    Wednesday, August 04, 2021

    ORIGINAL REPORTING: The Conundrum Of Controlling Rates With Rising Costs

    California's dilemma: How to control skyrocketing electric rates while building the grid of the future; New ideas include income-based rates, publicly-funded infrastructure, utility entrepreneurship, and customer-funded wildfire insurance.

    Herman K. Trabish, April 26, 2021 (Utility Dive)

    Editor’s note: This is a California challenge now but policies and extreme weather events will soon bring it to most states.

    California Public Utilities Commission (CPUC) President Marybel Batjer says the state will not let skyrocketing electricity rates threaten reliability or the state's policy goals. But affordability is a growing concern as California works toward a "future grid" and a dynamic new power system to meet the climate crisis and related extreme weather events, stakeholders and CPUC Staff maintain. Rates rising far faster than inflation are straining the budgets of vulnerable customers and new approaches that protect policy goals and customer bills are urgently needed, they agree.

    Protecting ratepayers as California transitions to distributed energy resources (DER) and economy-wide electrification "will require aggressive actions," according to a report released by CPUC Staff in February.

    At a day-long CPUC hearing, California utilities proposed cutting wildfire costs and raising revenues outside rates. Stakeholders proposed shifting the costs of supporting DER and electric vehicles (EV) out of rates to other sources of revenues. Others proposed breakthrough rate designs that could make managing costs more equitable. Staff report finds rising rates

    The upward pressure on rates could force unwelcome choices on policymakers, especially to protect low to moderate income (LMI) customers, according to the Staff report.

    Driven by clean energy and electrification mandates as well as utility investments in system modernization, residential rates across California have risen faster than inflation since 2013, Staff found. And due to Net Energy Metering (NEM) and other DER incentives, impacts have been worse for LMI customers, it said.

    By 2030, Pacific Gas and Electric (PG&E) residential rates will be 40% higher than if they had followed inflation, Staff projected. Southern California Edison (SCE) rates will be 20% higher and San Diego Gas and Electric (SDG&E) rates will be 70% higher. LMI customers are "like canaries in a coal mine," said Jennifer Dowdell, an energy policy analyst for customer advocacy group The Utility Reform Network (TURN). "Rates are growing so much faster than wages that even the middle class may soon need rate relief." The rise in rates is impacted by other factors, Staff reported… click here for more

    The Fight For Tomorrow’s Grid Gets Bigger

    The 50 States of Grid Modernization Q2 2021: States Explore Market Reforms and Mechanisms to Accelerate Storage and Microgrid Development

    July 28, 2021, (North Carolina Clean Energy Technology Center [NCCETC])

    “…[NCCETC’s Q2 2021 edition of The 50 States of Grid Modernization found] 47 states, as well as the District of Columbia, took actions related to grid modernization during Q2 2021…[Most actions related] to energy storage deployment (66), utility business model reforms (40), smart grid deployment (39), distribution system planning (33), and energy storage interconnection rules (31)…[551 grid modernization actions were taken, and] Texas, New York, California, Illinois, Minnesota and New Jersey took the greatest number…[Three trends were] (1) states and utilities examining electricity market reform; (2) lawmakers expanding financing options for customer-sited technologies; and (3) states considering ownership of energy storage and microgrids…

    …[T]he top five policy developments of Q2 2021 were: Connecticut and Maine lawmakers adopting energy storage targets…Nevada legislators directing transmission providers to join a regional transmission organization by 2030…California regulators preparing to modernize the grid for a high-DER future…The Hawaii Public Utilities Commission approving a microgrid services tariff…and Dominion Energy filing its Phase II Distribution Grid Transformation Plan in Virginia…” click here for more

    Monday, August 02, 2021

    Monday Study – Solar Net Metering Takes Centerstage

    Q2 2021 Quarterly Report

    Autumn Proudlove, Brian Lips, David Sarkisian, July 2021 (North Carolina Clean Energy Technology Center)

    Executive Summary

    PURPOSE

    The purpose of this report is to provide state lawmakers and regulators, electric utilities, the solar industry, and other stakeholders with timely, accurate, and unbiased updates on state actions to study, adopt, implement, amend, or discontinue policies associated with distributed solar photovoltaics (PV). This report catalogues proposed and enacted legislative, regulatory policy, and rate design changes affecting the value proposition of distributed solar PV during the most recent quarter, with an emphasis on the residential sector…

    APPROACH

    The authors identified relevant policy changes through state utility commission docket searches, legislative bill searches, popular press, and direct communication with stakeholders and regulators in the industry.

    Questions Addressed

    This report addresses several questions about the changing U.S. solar policy landscape:

    • How are state legislatures, regulatory authorities, and electric utilities addressing fastgrowing markets for distributed solar PV?

    • What changes to traditional rate design features and net metering policies are being proposed, approved, and implemented?

    • Where are distributed solar markets potentially affected by policy or regulatory decisions on community solar, third-party solar ownership, and utility-led residential rooftop solar programs?

    Actions Included

    This report series focuses on cataloging and describing important proposed and adopted policy changes affecting solar customer-generators of investor-owned utilities (IOUs) and large publicly-owned or nonprofit utilities (i.e., those serving at least 100,000 customers). Specifically, actions tracked in these reports include:

    • Significant changes to state or utility net metering laws and rules, including program caps, system size limits, meter aggregation rules, and compensation rates for net excess generation

    • Changes to statewide community solar or virtual net metering laws and rules, and individual utility-sponsored community solar programs arising from statewide legislation

    • Legislative or regulatory-led efforts to study the value of solar, net metering, or distributed solar generation policy, e.g., through a regulatory docket or a cost-benefit analysis

    • Utility-initiated rate requests for charges applicable only to customers with solar PV or other types of distributed generation, such as added monthly fixed charges, demand charges, stand-by charges, or interconnection fees

    • Utility-initiated rate requests that propose a 10% or larger increase in either fixed charges or minimum bills for all residential customers

    • Changes to the legality of third-party solar ownership, including solar leasing and solar third-party solar power purchase agreements (PPAs), and proposed utility-led rooftop solar programs

    In general, this report considers an “action” to be a relevant (1) legislative bill that has been passed by at least one chamber or (2) a regulatory docket, utility rate case, or rulemaking proceeding. Introduced legislation related to third-party sales is included irrespective of whether it has passed at least one chamber, as only a small number of bills related to this policy have been introduced. Introduced legislation pertaining to a regulatory proceeding covered in this report is also included irrespective of whether it has passed at least one chamber…

    OVERVIEW OF Q2 2021 POLICY ACTION

    In the second quarter of 2021, 42 states plus DC took a total of 179 actions related to distributed solar policy and rate design (Figure 1). Table 1 provides a summary of state actions related to DG compensation, rate design, and solar ownership during Q2 2021. Of the 179 actions cataloged, the most common were related to DG compensation rules (60), followed by community solar (38), and residential fixed charge and minimum bill increases (30).

    TOP FIVE SOLAR POLICY DEVELOPMENTS OF Q2 2021

    Five of the quarter’s top policy developments are highlighted below.

    South Carolina Regulators Approve Solar Choice Metering Tariff Designs

    In May 2021, the South Carolina Public Service Commission approved net metering successor tariff (“Solar Choice Metering Tariff”) designs for Dominion Energy and Duke Energy. Both Dominion Energy’s and Duke Energy’s tariffs include monthly time-of-use netting and a minimum bill, while Duke Energy’s tariff also includes a non-bypassable charge based on system size and a grid access fee for systems over a certain size.

    Kentucky Public Service Commission Issues Net Metering Decision

    The Kentucky Public Service Commission ruled on Kentucky Power’s net metering successor tariff proposal in May 2021, largely rejecting the proposed design and maintaining monthly netting instead. The Commission reduced the credit rate for monthly net excess generation from the retail rate to 9.746 cents per kWh for residential customers. Kentucky regulators are also set to address net metering successor proposals from Kentucky Utilities and Louisville Gas & Electric in September 2021.

    HECO Utilities Propose New Distributed Energy Resource Programs

    In Hawaii, the HECO utilities proposed two new distributed energy resource programs for residential and commercial customers in May 2021. The Standard Program includes a timevariant export rider and a non-export rider. The Advanced Program features a bring-your-own device program with grid services compensation in addition to the Standard Program riders. The Advanced Program also offers a rooftop rental program with the utility installing systems in front of the meter and participants receiving bill credits.

    Sacramento Municipal Utility District Proposes Net Metering Successor

    The Sacramento Municipal Utility District (SMUD) presented its net metering successor tariff proposal to its Board of Directors during Q2 2021. The tariff would take the form of net billing, with instantaneous exports credited at 7.4 cents per kWh, regardless of time of day or season. The proposed changes also include a one-time interconnection fee, an optional residential critical peak pricing rate, and a low-income virtual net metering program.

    Pedernales Electric Cooperative Considers Net Metering Changes

    In Texas, the Pedernales Electric Cooperative Board of Directors recently considered changes to its net metering program, including a move to time-varying credit rates, a $5.15 per kW demand charge, and an interconnection fee. At a July 2021 meeting, the Board approved a lower interconnection fee and decided to further study the issue of net metering credits and rate design.

    THE BIG PICTURE: INSIGHTS FROM Q2 2021

    Regulators Evaluating Time-Varying Credit Rates for Net Metering Customers

    Regulators in a growing number of states have been evaluating the use of time-varying credit rates for net metering customers. During Q2 2021, the South Carolina Public Service Commission approved net metering successor tariffs for Dominion Energy and Duke Energy, which both feature time-of-use netting and credit rates. In Hawaii, the HECO utilities also proposed new distributed energy resource programs that include time-varying credits for exported energy. Pedernales Electric Cooperative in Texas recently considered a move to time-varying credit rates for net metering customers, but opted to study the issue of credit rates further before making a implementing a change. In New Mexico, regulators approved a new optional residential time-of-day rate that will allow net metering customers to participate and receive time-varying credit rates.

    Utilities Designing Distributed Generation Programs to Encourage Storage

    States and utilities are taking an increasingly holistic view to distributed energy resource (DER) program design, particularly as more customers choose to pair their generating systems with battery storage. In Hawaii, the HECO utilities filed proposals for new DER programs, including a bring-your-own-device program that allows any DER, whether it is load-consuming or energy-producing, to enroll and receive economic incentives for allowing the utility to control the device. The Sacramento Municipal Utility District proposed a new “Solar and Storage Rate” as its net metering successor, which includes a reduced export credit rate, an optional critical peak pricing rate, and battery storage incentives. Utilities’ net metering 3.0 proposal in California includes specific requirements for solar-plus-storage systems, and legislation recently enacted in Vermont authorizes regulators to adopt rules governing storage systems paired with net metering facilities.

    States Continue to Focus on Community Solar for Low-Income Customers

    Much of the community solar activity in 2021 has continued to center on encouraging access for low-income customers. Legislation passed in Delaware would require at least 15% of each community solar facility’s capacity to serve low-income customers, and a bill passed by the Rhode Island State House would require at least 35% of project capacity or savings to be allocated to low or moderate income customers. In Washington, lawmakers enacted a bill that authorizes the Utilities and Transportation Commission to approve discounts for low-income customers to participate in community solar programs, and the Sacramento Municipal Utility District proposed a new virtual net energy metering program for multi-family affordable housing. In New York, the New York State Energy Research and Development Authority and National Grid filed a joint petition for an Expanded Solar for All program that would provide community solar and associated guaranteed bill savings to low-income customers.

    Saturday, July 31, 2021

    Have It All With The THRIVE Act

    The huge jobs opportunity in New Energy makes an equitable economic recovery a real possibility. From NationalSierraClub via YouTube

    New Energy Overview

    New Energy is booming and China is making the most noise. From CNBC via YouTube

    Game-Changing Battery Breakthrough

    If this battery technology proves in the marketplace that it meets its claim that it can match existing battery standards at one-tenth the price, it will cause an energy revolution. From Clearpath Action via YouTube

    Friday, July 30, 2021

    Climate-Driven Extreme Weather Worsening

    Climate Change Is Driving Deadly Weather Disasters From Arizona To Mumbai

    Rachel Treisman, July 29, 2021 (National Public Radio)

    “…[Forecasts for] droughts, fires and hurricanes are looking downright bleak…But how exactly is global warming driving dangerous weather? …[T]his past June was the hottest June recorded in the U.S. in more than a century, about four degrees hotter on average…There's been about two degrees Fahrenheit of warming so far worldwide…[D]angerous thresholds of high temperature and high humidity] could potentially happen twice as often as they have in the past…[W]hen wildfires do happen, they burn hotter and even create their own weather systems in which huge pyrocumulus clouds can generate lightning strike — in turn causing even more fires…

    …[Flash flood disasters from Central China to western Europe to Mumbai to Arizona] have killed hundreds of people, but they're not a surprise to climate scientists…[T]heir root cause was the same: extreme rain. And it's getting more common as the Earth gets warmer (hot air + hot water = more moisture in the air)…Plus, as the planet heats up, some climate models show winds in the upper atmosphere slowing down in certain places, which would mean that extreme weather would linger there longer…Scientists are working hard to predict how common these disasters will be in the years to come…” click here for more

    Global New Energy Jobs To Grow 500%

    Renewables jobs 'to grow fivefold globally by 2050' as fossil-fuel industry shrinks: study; Employment boom in wind and solar sectors will far outweigh job losses in oil, gas and coal industries, say researchers

    Josh Lewis and Leigh Collins, 26 July 2021 (RECHARGE)

    “Global renewable energy jobs will grow fivefold from 4.4 million today to 22 million by 2050, with more than 85% of those gains in the wind and solar sectors…Jobs in the fossil-fuel sector will, at the same time, fall from 12.6 million to 3.1 million, with about 80% of the job losses related to oil, gas and coal extraction…Overall, the number of jobs in the energy industry will grow from 18 million today to 26 million in 2050 — with 84% of those in renewables, 11% in fossil fuels and 5% in nuclear — under the report's “well-below 2°C” (WB2C) scenario…

    …Regions likely to benefit from the energy transition include Southeast and South Asia, the Middle East and North Africa, Indonesia, the US, Brazil, India, Japan and South Korea…” click here for more

    Wednesday, July 28, 2021

    ORIGINAL REPORTING: Transition To Renewables Up Push For Reliability

    As Biden targets 100% clean electricity, strategies emerge to reliably integrate rising renewables; System controls, flexibility through DER, and new policies supporting market economics are coming

    Herman K. Trabish, April 19, 2021 (Utility Dive)

    Editor’s note: Power system operators everywhere continue to work toward greater reliability are resources and load become more dynamic.

    In the transitioning power system, barriers are falling between renewables and traditional fossil and nuclear generation and between types of variable generation like wind and solar. The energy infrastructure proposals from the Biden administration, if approved by Congress, are likely to accelerate that.

    In response to the rising penetrations of variable utility-scale wind and solar, as detailed by a December 2020 data compilation from Department of Energy (DOE) researchers, and reliance on less cost-competitive natural gas fades, new solutions already in the works will assure reliability, power system analysts said.

    Combined, utility-scale wind and utility-scale solar were "58% of all new U.S. generation capacity over the past six years," said Research Scientist Mark Bolinger of DOE’s Lawrence Berkeley National Laboratory (LBNL). LBNL's presentation of where the two resources have reached or can reach higher penetrations shows regulators and utilities how to plan "more-realistic portfolios" for their regions to meet Biden administration goals, Bolinger said.

    The LBNL data reflects a transition "to an era where we need to assemble portfolios of resources into tradable energy products" that can be dispatched as predictably as traditional generation, Energy Innovation Senior Fellow Eric Gimon said. "There may not be one perfect way to bring this portfolio concept into markets, but we need to learn how to do it" to make clean energy viable and reliable in the energy marketplace.

    Regulators, system operators, utilities and the private sector are starting to develop ways to reliably integrate the rising penetrations of variable renewables with flexible distributed energy resources (DER) to increase reliability, Bolinger and Gimon agreed. But the smart 21st century transmission and distribution (T&D) system and policy strategies the new power system will need to optimize this resource transformation are still in the works, stakeholders said.

    There is a growing recognition of the falling costs of renewables and storage shown in the LBNL data that favor the transition to a new power system. The Biden administration’s focus on climate is likely to drive even more clean power integration because renewables are winning the market, according to a July 2020 report from the American Council on Renewable Energy (ACORE).

    "President Biden has talked about transformation in a way we have not heard from presidents before," ACORE President and CEO Gregory Wetstone said. For that, "power system infrastructure must change because renewables and emissions-reduction mandates are increasing, renewables and storage technologies are becoming more cost-competitive, and business and residential customer demand are accelerating that need." The cost-competitiveness of utility-scale solar-plus-storage projects shown in LBNL's data was confirmed by a November 2020 BlooombergNEF report. Solar-plus-storage projects are now "a viable, dispatchable clean energy resource for utilities," BloombergNEF said… click here for more

    Policymakers Back Batteries For Solar

    The 50 States of Solar: States Consider Time-Varying Rates and Battery Storage in Net Metering Tariff Design in Q2 2021

    July 21, 2021 (North Carolina Clean Energy Technology Center [NCCETC])

    “…[NCCETC’s Q2 2021 50 States of Solar finds that 42 states, plus the District of Columbia, took some type of distributed solar policy action during Q2 2021…[The greatest number of actions continued] to address net metering policies (60), community solar policies (38), and residential fixed charge or minimum bill increases (30). A total of 179 distributed solar policy actions were taken during Q2 2021…[Three trends in solar policy activity taken in Q2 2021 were]: (1) regulators evaluating time-varying credit rates for net metering customers, (2) utilities designing distributed generation programs with energy storage in mind, and (3) states continuing to focus on community solar for low-income customers…

    The top five distributed solar policy actions of Q2 2021 [were]…South Carolina regulators approving solar choice metering tariff designs…The Kentucky Public Service Commission issuing a decision on Kentucky Power’s net metering proposal…Hawaii’s HECO utilities proposing new distributed energy resource programs…Sacramento Municipal Utility District proposing a net metering successor tariff in California…[and] Pedernales Electric Cooperative in Texas considering major net metering changes…” click here for more

    Monday, July 26, 2021

    Today’s Study – Big Wind Building Around The World

    GLOBAL WIND REPORT 2021

    March 2021 (Global Wind Energy Council)

    2020 – A Record Year For The Wind Industry

    2020 was the best year in history for the global wind industry showing year-over-year (YoY) growth of 53%. Installing more than 93 GW wind power in a challenging year with disruption to both the global supply chain and project construction has demonstrated the incredible resilience of the wind industry.

    Market status

    The 93 GW of new installations brings global cumulative wind power capacity up to 743 GW. In the onshore market, 86.9 GW was installed, an increase of 59% compared to 2019. China and the US remained the world’s largest markets for new onshore additions, and the world’s two major economies together increased their market share by 15% to 76%, driven by the Feed-in Tariff (FiT) cut-off in China and the scheduled phase-out of the full-rate Production Tax Credit (PTC) in the US, respectively.

    On the regional level, 2020 was also record year for onshore installations in Asia Pacific, North America and Latin America. The three regions combined installed a total of 74 GW of new onshore wind capacity last year, or 76% more than the previous year. Due to the slow recovery of onshore installations in Germany last year, Europe saw only a 0.6% YoY growth in new onshore wind installations. Developing markets in Africa and the Middle East reported 8.2 GW onshore installations last year, almost the same as in 2019.

    In the offshore market, 6.1 GW was commissioned worldwide last year, making 2020 the second-best year ever. China installed half of all new global offshore wind capacity in a record year. Steady growth was recorded in Europe with the Netherlands taking the lead followed by Belgium, the UK, Germany and Portugal. The remaining new offshore wind installations in 2020 were shared by the US and South Korea. Total offshore wind capacity has now passed 35 GW, representing 4.8% of total global cumulative wind capacity.

    Market dynamics

    While the first half of 2020 saw auctions being postponed or cancelled due to COVID-19, the sector bounced back with vigour in the second half of the year as key mature and emerging wind markets began to overcome the impacts of the pandemic. According to GWEC Market Intelligence, nearly 30 GW of new wind power capacity was awarded globally through auctions in the second half of 2020, which is a slight increase compared to the 28 GW awarded during H2 2019. Although only 1 GW offshore wind capacity was awarded through auctions worldwide, more than 7 GW of offshore wind auctions/ tenders were launched in 2020. This surge in new capacity to be auctioned is a clear signal that the industry is back on track and that the global pipeline of wind power projects continues to grow.

    Through technology innovations and economies of scale, 2020 saw wind power continue to build its competitive advantage throughout the world. Last summer, a consortium of Shell and Eneco won the third zero-subsidy offshore wind tender in the Netherlands. In Latin America, as wind power already had very competitive prices, private auctions or bilateral PPAs have already emerged as an alternative mechanism to government auctions to drive growth. According to BloombergNEF, 6.5 GW wind power was signed through corporate PPAs globally last year, 29% lower than the previous year. Considering the fact that COVID-19 disruptions across the world have caused revenues to plummet for many corporates, the level of commitment to sustainable green energy remains impressive.

    Last year also witnessed governments of countries such as China, Japan and South Korea making net zero/carbon neutrality commitments, and similar commitments were also made by major corporates including oil and gas companies. To reach the net zero targets, completing a systematic and radical energy transition from fossil fuels to renewable energy and low-carbon solutions is imperative. The current crisis offers a unique window of opportunity to put the world on a sustainable trajectory and meet our international climate goals, but we must act now - or miss the opportunity. Although reaching net zero will require bold actions by a large number of sectors and actors, wind power is placed to be one of the cornerstones of green recovery and to play an important role in accelerating the global energy transition.

    Market Outlook

    After an unusual 2020, global wind market growth is likely to slow down in the near-term primarily due to an expected drop in onshore installations in China and the US following the expiry of incentive schemes. Nevertheless, the market outlook for our forecast period remains positive. GWEC Market Intelligence expects that over 469 GW of new onshore and offshore wind capacity will be added in the next five years - that is nearly 94 GW of new installations annually until 2025, based on present policies and pipelines. We hope and expect that governments will significantly increase their ambitions and targets following COP26, and for that reason we are upwardly revising our forecasts for the GWR2022. The CAGR for onshore wind in the next five years is 0.3% and GWEC expects annual installation of 79.8 GW. In total, 399 GW is likely to be built in 2021-2025.

    The CAGR for offshore wind in the next five years is 31.5%. The level of annual installations is likely to quadruple by 2025 from 6.1 GW in 2020, bringing offshore’s market share in global new installations from today’s 6.5% to 21% by 2025. In total, more than 70 GW offshore is expected to be added worldwide in 2021-2025.

    Wind energy’s role on the road to net zero…Enabling technology: Power-to-X and green hydrogen…Markets to Watch…

    Market status 2020…

    Overview

    2020 saw global new wind power installations surpass 90 GW, a 53% growth compared to 2019, bringing total installed capacity to 743 GW, a growth of 14% compared to last year. New installations in the onshore wind market reached 86.9 GW, while the offshore wind market reached 6.1 GW, making 2020 the highest and the second highest year in history for new wind installations for both onshore and offshore. Thanks to the explosive growth of installations in China, Asia Pacific continues to take the lead in global wind power development with its share of the global market increasing by 8.5% last year. Driven by a record year of installations in the US, North America (18.4%) replaced Europe (15.9%) as the second largest regional market for new installations. Latin America remains the fourth largest regional market (5.0%) in 2020, followed by Africa & Middle East (0.9%). The world’s top five markets in 2020 for new installations were China, the US, Brazil, Netherlands and Germany. These five markets combined made up 80.6% of global installations last year, collectively more than 10% greater than 2019. In terms of cumulative installations, the top five markets as of the end of 2020 remained unchanged. Those markets are: China, the US, Germany, India and Spain, which together accounted for 73% of the world’s total wind power installations…

    Market outlook 2021-2025

    Global wind energy market expected to grow on average by 4 per cent each year

    GWEC’s Market Outlook represents the industry perspective for expected installations of new capacity for the next five years. The outlook is based on input from regional wind associations, government targets, available project information and input from industry experts and GWEC members. An update will be released in Q3 2021. A detailed data sheet is available in the member only area of the GWEC Intelligence website.

    Global outlook

    The market outlook for the global wind industry remains positive. The CAGR for the next five years is 4.0%, even though the installed capacity for 2020 marked a new high. l

    GWEC Market Intelligence expects that over 469 GW of new capacity will be added in the next five years. That is nearly 94 GW of new installations each year until 2025.

    Growth at the beginning of the next five-years will continue to be driven by government policy, including FiT, PTC, ITC, Green Certificates and renewable or technology-neutral auctions and tenders. New installations are expected to drop slightly in 2021, but it is still possible to make it the second-best year in history, taking into account the ongoing installation rush in the world’s two largest markets, China (offshore) and the US (onshore), driven by the cut-off of FiT and the deadline to qualify the full PTC value respectively.

    From 2022 onward, although the PTC will remain as the main driver for installations in the US (where the one extra year PTC extension passed the senate last December can prevent the US onshore market from a cliff drop in 2025), the rest of world is expected to operate based on wind-only, hybrid, and technology-neutral auctions or on the grid-parity scheme (mainly China). To ensure stable growth in Europe, Latin America, Africa & Middle East and South East Asia, lessons shall be learnt from the previous auction market design failures in countries like Germany and India.

    Global onshore outlook

    The CAGR for onshore wind in the next five year is 0.3%. The average annual installation is 79.8 GW. In total, 399 GW is likely to be built in 2021-2025. In China, from 2021, onshore wind has entered a new era: subsidy-free. Although the expected drop in the Chinese onshore market in the near-term will slow down global onshore growth, the net zero targets declared by the Chinese government and the implementation plans of provincial governments and corporates are likely to accelerate the new installations from 2022(for details, see the China net zero case study).

    Global offshore outlook

    The CAGR for offshore wind in the next five year is 31.5%. New installations are likely to quadruple by 2025 from 6.1 GW in 2020. In total, more than 70 GW offshore is expected to be added worldwide in 2021-2025. This positive global offshore wind market outlook is supported by: 1) the sharp drop of offshore wind LCOE, 2) increased offshore wind targets in Europe, the United States and key markets in Asia such as Japan and South Korea, 3) the expected commercialisation and industrialisation of floating wind, and 4) offshore wind’s unique role in facilitating cross industry cooperation and accelerating the global energy transition from fossil fuel to renewables..,

    Saturday, July 24, 2021

    Colbert On The Cause Of The Climate Crisis

    Blame the weird and terrifying weather on the supernatural deities? No, blame people. The good news: What people do, they can undo. From The Late Show with Stephen Colbert via YouTube

    Global Weirding Is The New Normal

    Action addressing the changing climate has been inadequate. It’s that simple. Now the challenge is daunting and global. It is past time to get busy. No more excuses. From MSNBC via YouTube

    A New Hot Solar Technology

    The challenge is the extremely high temperatures needed for industrial processes 24/7; the solution is a magnifying lens for concentrated solar and efficient storage strategies. From Big Think via YouTube