NewEnergyNews: SOLAR BOOM COMING

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YESTERDAY

THINGS-TO-THINK-ABOUT THURSDAY, May 21:

  • TTTA Thursday-DROUGHT COMPROMISES POWER IN CALIFORNIA
  • TTTA Thursday-TAKING WIND NATIONWIDE
  • TTTA Thursday-APPLE I-CAR EV UPDATE
  • TTTA Thursday-FIRST U.S. OCEAN WIND RISING
  • THE DAY BEFORE

  • ORIGINAL REPORTING: HOW NEW TURBINE TECHNOLOGY WILL OPEN UP THE SOUTHEAST TO WIND DEVELOPMENT
  • QUICK NEWS, May 20: HOT PLAYERS IN ENERGY STORAGE SYSTEMS MRKT; FLA MISSING OUT ON SOLAR OPPORTUNITY; SIEMENS TARGETS U.S., LATIN WIND MARKETS
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    THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: HYDROPOWER COMING BACK
  • QUICK NEWS, May 19: FOSSIL SUBSIDIES AND THE DAMAGE DONE; NO CAROLINA’S FIGHT FOR NEW ENERGY; GE COMPUTERIZES WIND
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: MIT ASSESSES SOLAR’S FUTURE
  • QUICK NEWS, May 18: CALIF’S EMISSIONS CUTS HIT WORLD CHARTS; NEXT WIND; SOLAR ROAD PRODUCES
  • AND THE DAY BEFORE THAT

  • Weekend Video: TED - Humor At The Edge Of Despair
  • Weekend Video: Just A Drop In The Ocean
  • Weekend Video: FLA Leaders Still Drowning In Denial
  • THE LAST DAY UP HERE

  • FRIDAY WORLD HEADLINE-HEY DENIERS! INDIA AND CHINA ARE IN THE CLIMATE CHANGE FIGHT
  • FRIDAY WORLD HEADLINE-CHINA WIND BOOMING
  • FRIDAY WORLD HEADLINE-THE BEST SOLAR DISH IN THE WORLD
  • FRIDAY WORLD HEADLINE-EUROPE TAKES COMMAND OF THE OCEANS
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    Anne B. Butterfield of Daily Camera and Huffington Post, 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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    Your intrepid reporter

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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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