NewEnergyNews: QUICK NEWS, May 13: THE COSTS AND BENEFITS OF NEW ENERGY INCENTIVES; AG DEPT FUNDS RURAL GRID SMARTS; WAVE ENERGY HITS COST OBSTACLE

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While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • Weekend Video: Tesla Adds World’s Biggest Battery To Aussie Wind
  • Weekend Video: Solar And The Next Utilities
  • Weekend Video: Wind Builders On Wind
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-The Climate Change Gourmet
  • FRIDAY WORLD HEADLINE-UK Study Says Yes To Solar-Powered Electric Trains
  • FRIDAY WORLD HEADLINE-First Aussie Ocean Wind Project Gets $8BIL Funding
  • FRIDAY WORLD HEADLINE-EU Solar Goes Digital To Open New Services
  • THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, December 7:

  • TTTA Thursday-City Mayors Unite To Fight Climate Change
  • TTTA Thursday-New Energy And Big Oil Unite Against Subsidies For Coal And Nuclear
  • TTTA Thursday-California Would Sell Only EVs After 2040
  • TTTA Thursday-Utilities In A Time Of Solar
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: California Grid Users Collaborate to Streamline Communication Systems
  • ORIGINAL REPORTING: How To Get The Big Benefits Of Grid-Integrated Water Heaters
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: Global Battery Energy Storage Competition Tightening
  • QUICK NEWS, December 5: Hope Or Fear For The Climate Fight?; New Energy Hits New U.S. Market Share Highs; Wind,Solar Make Grid Stronger And Power Cheaper
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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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  • TODAY AT NewEnergyNews, December 11:

  • TODAY’S STUDY: How The New Energy Marketplace Is Growing And Shifting
  • QUICK NEWS, December 11: N.C. Millennial Women Unite For Climate Fight; The White House Threat To New Energy; What’s Bad News In The Tax Bill For New Energy

    Tuesday, May 13, 2014

    QUICK NEWS, May 13: THE COSTS AND BENEFITS OF NEW ENERGY INCENTIVES; AG DEPT FUNDS RURAL GRID SMARTS; WAVE ENERGY HITS COST OBSTACLE

    THE COSTS AND BENEFITS OF NEW ENERGY INCENTIVES New LBNL Report: An Analysis of the Costs, Benefits, and Implications of Different Approaches to Capturing the Value of Renewable Energy Tax Incentives

    May 12, 2014 (Lawrence Berkeley National Laboratory)

    “In the United States, incentives for the deployment of utility-scale wind and solar power projects are delivered primarily through the tax code, in the form of accelerated tax depreciation and tax credits that are based on either investment or production…[P]roject sponsors, said to have ‘tax appetite,’ are able to efficiently (i.e., in the [five] years in which they are generated) apply any excess deductions and credits against other sources of taxable income…This is the best possible outcome for the sponsor. Other project sponsors that lack tax appetite may carry forward excess tax benefits…but this strategy sacrifices some of the incentives’ value, due to the time value of money. A third option is to bring in – at a cost – a third-party ‘tax equity’ investor who is able to efficiently use the project’s tax benefits, and who invests in the project in exchange for being allocated most or all of its tax benefits; this is known as ‘monetizing’ the tax benefits…This report analyzes and compares the relative costs, benefits, and implications of capturing the value of renewable energy tax benefits in these three different ways…” click here for more

    AG DEPT FUNDS RURAL GRID SMARTS USDA Awards $540M For Electric System Upgrades, Including $35M For Smart Grid

    May 7, 2014 (Renew Grid)

    “The U.S. Department of Agriculture (USDA) has announced $540 million in funding for projects in 18 states to help improve electric service to business and residential consumers in rural areas…through the department's rural utilities program and include more than $35 million for smart grid projects to upgrade rural electric system communications technology…Southwest Arkansas Electric Cooperative Corp. will receive…$5.4 million in smart grid technologies. Missouri-based Three Rivers Electric Cooperative…[will get] $4.6 million for smart grid projects…Georgia-based Canoochee Electric Membership Corp. has been awarded…$2.4 million] for smart grid initiatives…South Carolina-based Blue Ridge Electric Cooperative Inc. picked up…$5.9 million for smart grid technologies…[Here is the list of recipients]…” click here for more

    WAVE ENERGY HITS COST OBSTACLE Experimental Efforts to Harvest the Ocean’s Power Face Cost Setbacks

    Joshua Hunt and Diane Cardwell, April 27, 2014 (NY Times)

    “…Ocean Power Technologies quietly abandoned a pilot project off Oregon’s coast] this month without ever deploying its machine…Despite receiving at least $8.7 million in federal and state grants, Ocean Power told regulators that it could not raise enough money to cover higher-than-expected costs and would instead pursue a similar project in Australia, backed by a $62 million commitment from that country’s government…The shuttering of the ambitious project — which, as the nation’s first grid-connected commercial-scale wave park, was to have 10 buoys supplying power to about 1,000 homes — is the latest setback for the nascent wave energy sector in the United States, which remains in the experimental stage…Tidal power, which captures energy from currents moving in onedirection at a time, as opposed to the wave-based technology of the Ocean Power buoys, is farther along…[because] tidal power is easier to engineer and has been able to adapt expertise from the conventional hydroelectric industry… [E]lectricity generation from the ocean’s waves is more complex, and only a few projects are in the planning stages, despite the vast potential…” click here for more

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