Energy - SFL

The electric utility sector is broken – but the transformation we need will be virtually impossible so long as a handful of wealthy elites are calling the shots

Utilities companies have their sights on ending net-metering: your ability to sell excess power at market rates. Photograph: Rex

CLICK HERE - REPORT - Energy and Policy Institute - Utilities Knew: Documenting Electric Utilities’ Early Knowledge and Ongoing Deception on Climate Change From 1968-2017

theguardian.com - by Kate Aronoff - August 1, 2017

A new report from the US-based Energy and Policy Institute last week found that investor-owned utilities have known about climate change for nearly 50 years – and done everything in their power to stop governments from doing anything about it.

From their commitment to toxic fuels to their corrosive influence on our democracy to their attempts to price-gouge ratepayers, it’s long past time to bring the reign of privately-owned electric utilities to an end.

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bbc.com - June 29, 2017

California companies are generating so much solar power that firms in other states are getting paid to take it.

The state has been forced into the arrangement to "avoid overloading its own power lines", according to the Los Angeles Times.

The situation doesn't necessarily mean we are "throwing money away", says economist Severin Borenstein, a professor at UC Berkeley's Haas School of Business.

"But it probably is an indication that there are some serious problems in the way we're running the grid and the way we're making investment decisions."

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Falling solar and wind prices have led to new power deals across the world despite investment in renewables falling

Solar panels on sale at the Naran Tuul market in Ulaanbaatar, Mongolia. Photograph: Seong Joon Cho/Getty Images

CLICK HERE - Global Status Report - REN21 - Renewable Energy Policy Network for the 21st Century

theguardian.com - by Damian Carrington - June 6, 2017

Renewable energy capacity around the world was boosted by a record amount in 2016 and delivered at a markedly lower cost, according to new global data – although the total financial investment in renewables actually fell.

The greater “bang-for-buck” resulted from plummeting prices for solar and wind power and led to new power deals in countries including Denmark, Egypt, India, Mexico and the United Arab Emirates all being priced well below fossil fuel or nuclear options . . .

 . . . The new renewable energy capacity installed worldwide in 2016 was 161GW, a 10% rise on 2015 and a new record, according to REN21, a network of public and private sector groups covering 155 nations and 96% of the world’s population.

Lessons from the Lone Star State: A surge in wind power on the Texas grid didn’t cause reliability problems (and brought down electricity prices) because regulators improved the efficiency of wholesale electricity markets. Sarah Fields Photography/Shutterstock.com

theconversation.com - by Joshua D. Rhodes, Michael E. Webber, Thomas Deetjen and Todd Davidson - May 11, 2017

U.S. Secretary of Energy Rick Perry in April requested a study to assess the effect of renewable energy policies on nuclear and coal-fired power plants.

Some energy analysts responded with confusion, as the subject has been extensively studied by grid operators and the Department of Energy’s own national labs. Others were more critical, saying the intent of the review is to favor the use of nuclear and coal over renewable sources.

So, are wind and solar killing coal and nuclear? Yes, but not by themselves and not for the reasons most people think. Are wind and solar killing grid reliability? No, not where the grid’s technology and regulations have been modernized. In those places, overall grid operation has improved, not worsened.