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/

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
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    Founding Editor Herman K. Trabish

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    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • 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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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    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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