"As stories about the energy transition go, Big Oil going big on solar power in the heart of America’s biggest oil patch is as transitiony as it gets. Besides the symbolism of Exxon Mobil Corp. signing up for 250 megawatts of solar power (plus the same amount of wind power) in the Permian basin, though, it [...]
Austin, Texas law firm, Stahl, Bernal, Davies, Sewell & Chavarria LLP, seeks associate attorney for its Renewable Energy and Real Estate practice areas. Experience with Renewable Energy or Commercial Real Estate transactions preferred. Send resume to kkaiser@sbaustinlaw.com. Firm information - www.sbaustinlaw.com
"Lazard Ltd., a financial advisory and asset management firm, has released its annual studies comparing the costs of energy from various generation technologies and of energy storage technologies for different applications. Importantly, Lazard’s Levelized Cost of Energy Analysis (LCOE 12.0) shows that, in some scenarios, alternative energy costs have decreased to the point that they are now at [...]
"Austin, Texas — Solar energy -- increasingly paired with battery storage -- is likely to be the "next big thing" in the Electric Reliability Council of Texas, attendees of the Texas Renewable Energy Industries Alliance annual GridNEXT conference learned Monday. During a workshop about the Texas Power Market, Peter Kelly-Detwiler, principal of the NorthBridge Energy [...]
"Five utilities in Texas have announced plans develop 500 MW of solar farms. New Braunfels Utilities (NBU), Bryan Texas Utilities, Denton Municipal Electric, Garland Power and Light and the Kerryville Public Utility Board have teamed up to create the purchasing power necessary to fund their commitment to renewable generation." https://pv-magazine-usa.com/2018/09/20/five-texas-utilities-partner-to-add-500mw-of-solar/
"US Federal Energy Regulatory Commission Chairman Kevin McIntyre said Tuesday that a formal agreement is likely "in the coming days" with other agencies to streamline permitting and trim LNG project review timelines. His comments come as industry and lawmakers have aired concerns that staff shortfalls at FERC could slow reviews even as US LNG [...]
"EIA’s July 2018 Short Term Energy Outlook expects natural gas-fired power plants to supply 37% of U.S. electricity generation this summer (June, July, and August), near the record-high natural gas-fired generation share in summer 2016. EIA forecasts the share of generation from coal-fired power plants will drop slightly to 30% in summer 2018, continuing [...]
"June 22, 2018 -- Today, the Internal Revenue Service (IRS) released guidance establishing when construction starts for solar projects under tax law.... As explained by SEIA, the guidance, Notice 2018-59, provides two methods to establish when construction of a solar facility starts in order to qualify for the solar investment tax credit (ITC): (1) [...]
"Houston (Platts)--16 May 2018 612 pm EDT/2212 GMT. The Electric Reliability Council of Texas footprint saw real-time prices jump to four-digit territory Wednesday afternoon as power demand rose above record May peakload with above-normal temperatures. Real-time prices spiked across the footprint as real-time prices for all hubs averaged nearly $1,500/MWh for the 15-minute interval [...]
The United States is the second most attractive nation for renewable energy investments, according to the newest annual global ranking prepared by Ernst & Young. https://www.forbes.com/sites/williampentland/2018/05/01/u-s-becomes-second-most-attractive-country-for-renewable-energy-says-new-study/#47e5ce852223
