QUICK NEWS, April 29: THE INEVITABILITY OF SOLAR; MICHIGAN TURNS TO WIND; DEMAND RESPONSE MRKT – $0.2BIL TO $1.3BIL IN 10 YRS
THE INEVITABILITY OF SOLAR A solar future isn't just likely — it's inevitable
David Roberts, April 28, 2015 (Vox)
“…[S]olar photovoltaic (PV) power is eventually going to dominate global energy. The question is not if, but when…The main reason is pretty simple: solar PV is different from every other source of electricity, in ways that make it uniquely well-suited to 21st-century needs…[including] abundance, resilience, and sustainability…Coal plants, gas plants, nuclear plants, and concentrated solar power plants are all just different ways of boiling water to produce steam that spins a turbine. Wind power harnesses the wind to spin a turbine. Hydropower dams use flowing water to crank a turbine. These spinning turbines, in turn, provide mechanical force to an electric generator, which translates it into electrical current…[Solar PV] converts sunlight directly into electricity…[A] solar cell has no moving parts, so operation and maintenance costs tend to be very low. It has to be kept clean, but that's about it…[A] solar cell requires no fuel — so fuel costs are zero…[And] a solar cell generates power without any pollution…” click here for more
MICHIGAN TURNS TO WIND What's next for Michigan's energy transformation?
Keith Matheny, April 25, 2015 Detroit Free Press
“…Michigan this year met a goal, set in state law in 2008, to generate 10% of its power from renewable sources...Gov. Rick Snyder in March laid out a renewable energy plan calling for the state to meet up to 40% of its power needs through energy waste reduction, increased use of natural gas and renewable energy sources such as wind and biomass…Wind surpassed biomass as the state's primary renewable energy resource last year, with the state in the top five nationally for adding capacity…Michigan's 20 utility-scale wind farms and total capacity of more than 1,500 megawatts place it 18th among U.S. states for wind energy generation. Michigan's wind resource has the potential to produce…nearly five times Michigan's entire 2012 electricity demand…[The state is] in the midst of a significant shift away from coal, spurred largely by federal mandates…Michigan is required to reduce its greenhouse gas emissions from power plants by 31% over 2012 levels…Snyder projected a reduction in coal-produced energy in Michigan from 54% now to 34% in 10 years. The power plants are largely transitioning to natural gas…But natural gas also comes with concerns. It's moved around the state in a pipeline system that is old and crumbling…” click here for more
DEMAND RESPONSE MRKT – $0.2BIL TO $1.3BIL IN 10 YRS Demand Response Enabling Technologies; Metering, Communications, and Controls Equipment: Global Market Analysis and Forecasts
2Q 2015 (Navigant Research)
“Demand response (DR) is becoming a growing part of the resource base that electric system operators rely on to maintain reliability on the grid…Advanced technologies [like automated demand response (ADR) systems] can help speed this transition…A number of drivers point toward increased DR adoption in North America and other regions of the world. The changing resource mix in electric grids globally is creating more potential for DR to play a pivotal role. New market types, like ancillary services such as reserves and regulation, are opening up to DR. The concepts of resiliency and microgrids have taken strong root along the Atlantic Coast following Hurricane in 2012, and DR will be an integral part of those developments. The advent of grid modernization is also tied to this new view on how the grid should be designed. According to Navigant Research, global DR spending is expected to grow from $183.8 million in 2015 to more than $1.3 billion in 2024…” click here for more
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