QUICK NEWS, May 9, 2016: Climate Change And The Middle Class; 2016 Was U.S. Wind’s Strongest Q1 Since 2012; SolarCity Offers Its Portfolio Of Distributed Resources To Utilities
Climate Change And The Middle Class How climate change will impact the global middle class
John Elkington, May 9, 2016 (GreenBiz)
The evidence suggests that global politics are shifting, driven by climate change and an ‘environmental credit crunch’ that will reach a tipping point when the general population is affected and realizes it is being affected and decide to move on from scapegoat politics, according to UBS Investment Bank economist Paul Donavan. A UBS study of the impact of climate change on the world’s middle class, currently estimated to number around 1 billion people, shows they are far more likely than the world’s poor to take defensive action against any threat to their relative economic and social status. UBS found that by 2050 the average American is likely to experience 27 to 50 days over of over 95 degrees F. temps, a major concern] for an increasingly aging population. Infrastructure will also be stressed: planes cannot take off, rail lines buckle and asphalt melts. Food availability, pricing and quality are potentially huge concerns that will likely lead the global middle class to turn away from Donald Trump’s denial of reality and exert its political muscle. click here for more
2016 Was U.S. Wind’s Strongest Q1 Since 2012 Wind power off to a good start
Barbara Vergetis Lundin, May 2, 2016 (SmartGridNews)
The U.S. wind industry installed 520 MW of new capacity in Q1 2016, the biggest first quarter the industry has had since 2012. Developers are rushing to take advantage of the 100% production tax credit (PTC), which drops to 80% at the end of 2016. The 2012 Q1 was similarly driven by an expiring PTC. Wind builders began construction on 2,000 MW of capacity in Q1, bringing the total in-construction U.S. capacity to 10,100 MW. There are also 5,100 MW of capacity in advanced stages of development and nearing construction, promising big growth from the current 74,512 MW of installed wind capacity. click here for more
SolarCity Offers Its Portfolio Of Distributed Resources To Utilities SolarCity Launches Utility and Grid Services
May 5, 2016 (SolarCity)
SolarCity, the leading U.S. rooftop solar installer, will now offer installation, financing, and consulting services on utility-scale solar and energy storage resource development for utilities and grid operators. SolarCity will manage financing, design, installation, and optimize system operation and maintenance. A new operations software platform can turn a utility-scale solar project with energy storage into a dispatchable resource that provides high-return capacity services and supports utilities in avoiding capacity charges and managing demand peaks more cost effectively than with traditional generation. Connecticut Municipal Electric Energy Cooperative will be the off-taker and beneficiary of SolarCity capacity services. As grid planners and operators move toward a grid with energy flowing to and from the system, SolarCity portfolios of aggregated DERs will offer increased flexibility. Kauai Island Utility Cooperative is already using SolarCity services. Southern California Edison and four other utilities are partnering with SolarCity on pilots. click here for more
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