NewEnergyNews: SOLAR BOOM COMING

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YESTERDAY

  • ORIGINAL REPORTING: Why can't utilities innovate like startups?
  • ORIGINAL REPORTING: How Warren Buffett's bet on an Energy Imbalance Market in the West is paying off
  • THE DAY BEFORE

  • TODAY’S STUDY: On The Path To SunShot – Utilities And Distributed Solar
  • QUICK NEWS, May 24: Portland, Ore, Bans Climate Change Denial From Science Classes; Wind Hits 100%-Plus Of Aussie State’s Power For 10 Hours
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: A Review Of Alternative Rate Designs
  • QUICK NEWS, May 23: Human-Caused Changes Threaten A Third Of Bird Species With Extinction; Attack On Wind Linked to Oil Industry Money; Solar Plus Storage Multi-tasking To Cut Costs
  • THE DAY BEFORE THAT

  • Weekend Video: New Energy FulFills Its Potential
  • Weekend Video: The Nuclear Fantasy
  • Weekend Video: Building Wind Was Never Better
  • AND THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-Unlike U.S. Republicans, Islam Calls For Climate Change Action
  • FRIDAY WORLD HEADLINE-New Energy Powers A Nation For Four Days!
  • FRIDAY WORLD HEADLINE-Solar Rising On The Wide World
  • FRIDAY WORLD HEADLINE-The Power Of The Oceans
  • THE LAST DAY UP HERE

    THINGS-TO-THINK-ABOUT THURSDAY, May 19:

  • TTTA Thursday-Children Lead Fight Against Climate Change
  • TTTA Thursday-No. Carolina Lawmakers Attack New Energy
  • TTTA Thursday-Texas Markets Say Forget Coal
  • TTTA Thursday-Things Rooftop Solar Buyers Ought To Ask
  • --------------------------

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    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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  • ---------------
  • Tuesday, October 23, 2007

    SOLAR BOOM COMING

    There are 2 factors to “grid parity” (when the cost of electricity generated by renewable energy is equal to the cost of electricity from conventional sources): (1) the cost of renewables coming down and (2) the cost of fossil fuels and nuclear going up.

    Solar power edges towards boom time
    Gerard Wynn, October 19, 2007 (Reuters)

    WHO
    Jefferies Group Inc (analyst Michael McNamara), Renewable Energy Corp (REC) (Erik Thorsen, CEO)

    The trend is clear. (click to enlarge)

    WHAT
    The cost of solar energy-generated electricity is dropping 5% a year and the industry is growing fast. Grid parity, when the cost of electricity generated by solar energy is equal to the cost of electricity from conventional sources like coal, is rapidly approaching.

    WHEN
    - Presently: Grid parity in parts of California
    - 2008: solar panel production is expected to double
    - 2009: solar panel production is expected to double again
    - 5 years: Grid parity in sunny places.
    - 2020: Grid parity in less ideal climates like the UK.

    WHERE
    Government support in Germany, Japan, Spain, Italy, Greece and southern Europe is turning solar energy into a weapon against climate change and energy dependence.

    WHY
    - General Electric, already a major manufacturer of wind turbines, is preparing to move its momentum-generating size and influence into the solar industry.
    - REC, the world’s biggest solar power company, expects to cut solar energy costs for new production in half by 2010. Q-Cells AG, number 2, expects similar progress by using thin film technologies to bypass silicon shortage bottlenecks that are not expected to ease for 2-3 years.

    Thin film solar technology is growing fastest of all. (click to enlarge)

    QUOTES
    - Jim Lyons, Chief Engineer, General Electric Co: "[When solar energy electricity reaches grid parity] you can expect pretty much unbounded growth…The solar industry will eventually be bigger than wind."
    - Thorsen, REC: "If grid prices go up at the present rate [grid parity] could happen before [2012]…"
    - McNamara, Lyons Group: “[Electricity from solar energy is presently so small a percent of world supply] it doesn't even register statistically outside Germany…"

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