NewEnergyNews: QUICK NEWS, July 22: NEW ENERGY IS 70% OF 2015 NEW U.S. BUILD; SENATE FINANCE VOTE BACKS WIND INCENTIVE 23-3; SOLAR MONEY NEEDS STANDARDS

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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

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

  • TTTA Thursday-$20 MIL To Climate Fight From DiCaprio Fund
  • TTTA Thursday-Solar Energy Price Drop At Full Speed
  • TTTA Thursday-Wind Art Turns Climate Change Fighter
  • TTTA Thursday-When Self-Driving EVs Will Take Over
  • THE DAY BEFORE

  • ORIGINAL REPORTING: Is 100% renewable energy the best goal to cut power sector emissions?
  • ORIGINAL REPORTING: Have California's efforts to value distributed resources hit a roadblock?
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: The Truth About The Transmission New Energy Needs
  • QUICK NEWS, September 19: All About Climate Change In 17 Short Answers; New Energy Ready To Step Up; How Old Energy Attacks Solar
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: The Private Sector Gets Into The New Energy Biz
  • QUICK NEWS, September 18: The Key Climate Change Unknown; Beer Brewer Anheuser-Busch In Big Wind Buy; Montana Grew Solar 400% In 2016
  • AND THE DAY BEFORE THAT

  • Weekend Video: A Bill Maher Debate About The Climate
  • Weekend Video: Sweet Winds
  • Weekend Video: This Is Not Natural
  • THE LAST DAY UP HERE

  • FRIDAY WORLD HEADLINE-The Chocolate-Climate Change Connection
  • FRIDAY WORLD HEADLINE-The New Energy Future Is Within Reach
  • FRIDAY WORLD HEADLINE-The World Is Turning Off Nuclear Power
  • FRIDAY WORLD HEADLINE-European Ocean Wind’s ‘Apollo Moon Landing’
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    Founding Editor Herman K. Trabish

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    click image for more info about the Sunstock Solar Festival

    Research Associate and Contributing Editor Jessica R. Wunder

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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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  • FRIDAY WORLD, September 22:

  • When Countries Will Be Uninhabitable (From The Onion)
  • China Solar Dominance Based On State-Backed Loans
  • The Big Storage That Can Make Aussies 100% New Energy
  • South Africa’s Power System Is Ready For New Energy

    Wednesday, July 22, 2015

    QUICK NEWS, July 22: NEW ENERGY IS 70% OF 2015 NEW U.S. BUILD; SENATE FINANCE VOTE BACKS WIND INCENTIVE 23-3; SOLAR MONEY NEEDS STANDARDS

    NEW ENERGY IS 70% OF 2015 NEW U.S. BUILD Mid-Year Report: 70% Of New U.S. Generating Capacity In First Half 2015 Is From Renewables…Wind + Biomass + Solar = 97% Of New Capacity In June

    Ken Bossong, June 22, 2015 (Sun Day)

    “…[R]enewable sources (i.e., biomass, geothermal, hydropower, solar, wind) accounted for nearly 70% (69.75%) of new electrical generation placed in service in the United States during the first six months of 2015…[according to] the recently-released Energy Infrastructure Update…FERC reported no new capacity for the year-to-date from oil or nuclear power and just 3 MW from one unit of coal…For the month of June alone, wind (320 MW), biomass (95 MW), and solar (62 MW) provided 97% of new capacity with natural gas providing the balance (15 MW)…Renewable energy sources now account for 17.27% of total installed operating generating capacity in the U.S.: water - 8.61%, wind - 5.84%, biomass - 1.40%, solar - 1.08%, and geothermal steam - 0.34% (for comparison, renewables were 16.28% of capacity in June 2014 and 15.81% in June 2013)…” click here for more

    SENATE FINANCE VOTE BACKS WIND INCENTIVE 23-3 Senate committee votes 23-3 to extend federal tax credits…strong bipartisan support for American wind power, renewable energy tax incentives

    July 21, 2015 (American Wind Energy Association)

    “…[The U.S. Senate Finance Committee voted] overwhelmingly to extend over 50 tax policies through 2016, including the renewable energy Production Tax Credit (PTC) and Investment Tax Credit (ITC) that incentivize the building of more U.S. wind farms. The committee on a final vote of 23-3 reported out a ‘tax extenders’ bill preserving language that allows wind farms to qualify so long as they start construction while the tax credits are in place…Those credits expired at the start of this year, again throwing the future of American wind energy into doubt once projects currently under construction are completed… In 2013, after the renewable energy tax credits were allowed to expire even briefly, installations of new wind farms fell 92 percent, causing a loss of 30,000 jobs across the industry that year. After Congress renewed the PTC, the U.S. wind energy industry added 23,000 jobs the following year, bringing the total to 73,000 at the end of 2014…” click here for more

    SOLAR MONEY NEEDS STANDARDS Solar Energy Finance Association emerges on the scene

    Lea Lupkin, July 22, 2015 (GreenBiz)

    “...[Where solar] assets produce reliable cash flows, backed by the good credit of customers…[they] can be pooled and traded as liquid capital. In order to profit from this great opportunity for solar growth, investors and consumers demand standards and consistency from the industry…The Solar Energy Finance Association [SEFA] is one of several leaders shepherding in an era of solar standards…[and] the only association that focuses on solar distributed generation (DG) finance. Its flagship initiative involves overseeing [standard lease and power purchase agreement (PPA) contract documents]…The association consists of around 36 members and represents a majority of players in the market in terms of number of installations…[including] SolarCity, SunRun and Clean Power Finance…All of the major DG installers and facilitators in SEFA have adopted the standard contracts…[but] it will take a while to integrate across the businesses…” click here for more

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