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jpak
jpak's Journal
jpak's Journal
March 31, 2019
Idaho Power recently contracted 120MW of solar power for a headline-grabbing “world record” low price of 2.175 cents per kWh of electricity.
That figure is astoundingly low, one of a number clustered around that price point. But a closer look at the project’s precise conditions suggests that perhaps the current holder of that particular title need not worry.
<snip>
Other projects laying claim to this particular “record low” price include Dubai’s most recent phase of the Mohammed bin Rashid Al Maktoum Solar Park at 2.4 cents per kWh and the 300MW Sakaka project in Saudi Arabia at 2.342 cents per kWh.
In the U.S., the Eagle Shadow Mountain Solar Farm is priced at 2.376 cents over the course of its 25-year power purchase agreement (PPA).
<more>
How A Coal Power Plant Helped Idaho Reach 'World Record' Low Solar Price
https://www.forbes.com/sites/johnparnell/2019/03/30/how-a-coal-power-plant-helped-idaho-reach-world-record-low-solar-price/#8d9479972df5Idaho Power recently contracted 120MW of solar power for a headline-grabbing “world record” low price of 2.175 cents per kWh of electricity.
That figure is astoundingly low, one of a number clustered around that price point. But a closer look at the project’s precise conditions suggests that perhaps the current holder of that particular title need not worry.
<snip>
Other projects laying claim to this particular “record low” price include Dubai’s most recent phase of the Mohammed bin Rashid Al Maktoum Solar Park at 2.4 cents per kWh and the 300MW Sakaka project in Saudi Arabia at 2.342 cents per kWh.
In the U.S., the Eagle Shadow Mountain Solar Farm is priced at 2.376 cents over the course of its 25-year power purchase agreement (PPA).
<more>
May 1, 2014
The installed cost of US solar power has fallen quarter by quarter for the past three years, putting them on course for an ambitious 2020 target, show the world’s most comprehensive cost data.
Installed costs fell 27% in the first three months of this year alone, compared with the corresponding quarter last year, shows an RTCC analysis.
The country is on track to achieve a very ambitious target, set by the previous administration under US President Barack Obama, to slash solar costs by the end of the decade, under a so-called “SunShot Initiative”.
Costs for all installations, regardless of size, averaged some $3.3 per watt installed this year to date, across 40 installations.
<more>
US solar power installed costs on course for 2020 target
http://www.rtcc.org/2014/04/30/us-solar-power-installed-costs-on-course-for-2020-target/The installed cost of US solar power has fallen quarter by quarter for the past three years, putting them on course for an ambitious 2020 target, show the world’s most comprehensive cost data.
Installed costs fell 27% in the first three months of this year alone, compared with the corresponding quarter last year, shows an RTCC analysis.
The country is on track to achieve a very ambitious target, set by the previous administration under US President Barack Obama, to slash solar costs by the end of the decade, under a so-called “SunShot Initiative”.
Costs for all installations, regardless of size, averaged some $3.3 per watt installed this year to date, across 40 installations.
<more>
April 5, 2014
WASHINGTON -- The growth of wind power in the United States is putting a significant dent in emissions, according to a forthcoming report from the American Wind Energy Association. Wind generation avoided 95.6 million metric tons of carbon dioxide in 2013, which is equivalent to taking 16.9 million cars off the road.
That's a 4.4 percent cut to power sector emissions, when compared to the level of emissions that would have been generated if that power had come from fossil fuels. Wind proponents say that's evidence that the wind industry is playing a major role in meeting U.S. emissions goals. "Every time a megawatt of wind power is generated, something else is not generated," said Elizabeth Salerno, AWEA's vice president for industry data and analysis.
There are now 61,000 megawatts of wind power installed in the U.S., with turbines in 39 states. Another 12,000 megawatts of wind power are currently under construction, and power projects for which contracts are signed but construction has yet to start are expected to produce another 5,200 megawatts. AWEA says those additional projects should cut another 1 percent of power sector emissions, putting the country closer to the Obama administration's goal of cutting total U.S. emissions 17 percent by 2020.
The switch to natural gas for power generation, spurred by lower prices in recent years, is usually given most of the credit for reductions in emissions from the power sector over the last nine years. But plants now burning gas could switch back to coal if prices go back up, said Salerno, so "those aren't fixed, permanent reductions." With wind, she says, "those reductions are locked in."
<more>
Wind Power Has Cut U.S. Carbon Dioxide Emissions By 4.4 Percent: Report
http://www.huffingtonpost.com/2014/04/04/wind-power-emissions_n_5087308.htmlWASHINGTON -- The growth of wind power in the United States is putting a significant dent in emissions, according to a forthcoming report from the American Wind Energy Association. Wind generation avoided 95.6 million metric tons of carbon dioxide in 2013, which is equivalent to taking 16.9 million cars off the road.
That's a 4.4 percent cut to power sector emissions, when compared to the level of emissions that would have been generated if that power had come from fossil fuels. Wind proponents say that's evidence that the wind industry is playing a major role in meeting U.S. emissions goals. "Every time a megawatt of wind power is generated, something else is not generated," said Elizabeth Salerno, AWEA's vice president for industry data and analysis.
There are now 61,000 megawatts of wind power installed in the U.S., with turbines in 39 states. Another 12,000 megawatts of wind power are currently under construction, and power projects for which contracts are signed but construction has yet to start are expected to produce another 5,200 megawatts. AWEA says those additional projects should cut another 1 percent of power sector emissions, putting the country closer to the Obama administration's goal of cutting total U.S. emissions 17 percent by 2020.
The switch to natural gas for power generation, spurred by lower prices in recent years, is usually given most of the credit for reductions in emissions from the power sector over the last nine years. But plants now burning gas could switch back to coal if prices go back up, said Salerno, so "those aren't fixed, permanent reductions." With wind, she says, "those reductions are locked in."
<more>
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