"One developing finance approach would take advantage of potentially "billions of dollars" waiting to go into U.S. wind and solar projects from foreign and other investors without a use for tax credits. ....Alternatively, a range of new technology-neutral tax credit proposals could incline lawmakers to establish long-term certainty for innovative resources that would open [...]
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"Wind prices increased $1.08/MWh, or 4.4%, during the quarter, the report says. Annually, they increased 11.2%. ....However, solar prices dropped $0.14/MWh, or 0.5%, in Q3, continuing solar’s long-term trend of decreasing prices, the report says. Annually, solar prices dropped 5.4%." https://nawindpower.com/report-wind-ppa-prices-are-on-the-rise
Stahl, Davies, Sewell, Chavarria & Friend attorney Brent Stahl will participate in a panel discussion October 17 on current development issues facings renewable energy projects. The event runs from 9 a.m. to 11 a.m. at the CUNY Graduate Center in New York. For more information, please visit: https://www.amtrusttitleevents.com/
"The extreme heat that sent electricity demand and prices surging to record levels in Texas on Monday is threatening to do it all over again on Tuesday. [On Monday,] [w]holesale power prices jumped 36,000% to average as much as $6,537.45 a megawatt-hour across the Texas power grid." https://www.bloomberg.com/news/articles/2019-08-12/searing-texas-heat-pushes-power-prices-to-near-record-levels
"Everyone likes a nice, round number, and American wind power is approaching a big one: 100 gigawatts (GW) of installed capacity. AWEA’s just-released U.S. Wind Industry Second Quarter Market Report shows record-breaking, continued growth for the U.S. wind industry." https://www.aweablog.org/second-quarter-market-report-american-wind-power-nears-100-gw/
"The U.S. energy storage market nearly doubled in 2018 and is expected to double again in 2019." https://www.windpowerengineering.com/electrical/power-storage/u-s-energy-storage-market-to-double-two-years-running/
" Siemens Gamesa Renewable Energy SA (BME:SGRE) today introduced a new onshore wind platform that includes a couple of turbine models with a rated capacity of 5.8 MW. The Siemens Gamesa 5.X onshore platform consists of the SG 5.8-155 and the SG 5.8-170 models with rotor diameters of 155 and 170 metres (96.3-105.6 mi). [...]
"Texas regulators have ruled that any renewable generation source connected to the state’s HVAC [(high voltage alternating current )] grid does not have to account for marginal losses, as the market turbulence it would cause isn’t worth the benefit, and it would go against the original spirit of the project." https://pv-magazine-usa.com/2019/01/30/texas-powergrid-rules-for-wind-and-solar/ [...]
"Texas wind set a new record last week. At 12:07 am Friday, wind power generated 19,168 megawatts of electricity for a brief moment, beating the previous record of 17,920 megawatts, recorded at 3:32 p.m. on Nov. 12, according to the Electric Reliability Council of Texas, the state's primary electric grid operator." https://www.chron.com/business/energy/article/Texas-wind-generation-breaks-record-ERCOT-13481063.php
The 2019 Renewable Energy Law Conference will be held in Austin Jan 28-29, 2019, at the AT&T Conference Center. Please see link below for additional details. https://utcle.org/conferences/WE19