QUICK NEWS, July 24: NEW ENERGY, ENERGY EFFICIENCY AND UTILITY BOTTOM LINES; ARIZONA UTILITY BUYS WIND; THE INTERCONNECTION CHALLENGE
NEW ENERGY, ENERGY EFFICIENCY AND UTILITY BOTTOM LINES Consumer Solar Panels Undercutting Utilities’ Bottom Line
19 July 2013 (Smart Meters)
“A new Fitch Ratings analysis predicts that within the next five years rooftop solar power and energy-efficiency programs will reduce utility earnings and profit margins and depress investment in new transmission projects within five years… Fitch Ratings point to… utilities’ efforts in Louisiana and Idaho to penalize customers that add rooftop systems…[that] were defeated…” click here for more
click to enlargeARIZONA UTILITY BUYS WIND TEP to buy power from wind farm near Willcox, 1st of its kind in area
David Wichner, July 19, 2013 (Arizona Daily Star)
“Tucson Electric Power Co. has won state approval to buy power from a planned wind energy farm…that would be the first utility-scale project of its kind in Southern Arizona…The Arizona Corporation Commission approved the 20-year power purchase agreement between TEP and Red Horse Wind 2 LLC, which was formed by Houston-based Torch Renewable Energy to build and manage the 220-acre project…Construction is expected to start later this year, pending environmental studies, and the farm is expected to go online in 2014…” click here for more
click to enlargeTHE INTERCONNECTION CHALLENGE Cost of Interconnecting Power Projects to the Grid; What the heck is deliverability, and why does it matter in project development?
Tam Hunt, July 19, 2013 (Gereentech Media)
“Every renewable energy project must interconnect to the grid under “reliability” standards. This means that the project won’t cause the grid to fail due to the project’s exporting power -- or failing to export power…There is a second level of interconnection, however, in places like California and similar jurisdictions. It's known as “deliverability.” A project is fully deliverable when the power the project produces can physically get to where it’s most needed on the grid. A fully deliverable project means that there are no chokepoints on the grid stopping power getting to where it’s needed. So, reliability is about safety while deliverability is about versatility of the power provided to the grid…” click here for more
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posted by Herman K. Trabish @ 5:51 AM
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