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Greenbacker Acquiring Empire State Solar Portfolio (M&A, Ind Report)
Hecate Energy, Greenbacker Renewable Energy
Date: 2020-01-08
Kansas City, Missouri-based Greenbacker Renewable Energy Company, an externally managed energy company that acquires and manages income-generating renewable energy and energy efficiency projects and other energy-related businesses, reports that through a wholly-owned subsidiary, it has signed the rights to a 110 MW portfolio of solar projects located in Greene and Albany counties, New York, from Chicago-based Hecate Energy. Closings to take place throughout 2020 and the facilities are slated to be fully operational in 2021.

The portfolio will sell a portion of the renewable energy credits generated to an investment grade off taker through a 20-year fixed price contract and will sell the remaining portion of energy and Renewable Energy Certificate (REC) attributes generated to two utilities through fixed price 20-year contracts. (Source: Greenbacker Renewables, Energy Global, 7 Jan., 2020) Contact: Greenbacker Renewable Energy, 888-292-3178 www.greenbackerrenewableenergy.com;Hecate Energy LLC, Chris Bullinger, CEO, Solutions@HecateEnergy.com, www.hecateenergy.com

More Low-Carbon Energy News Hecate Energy,  Greenbacker Renewable Energy,  Solar ,  


Energy Efficiency Incentives Database Available (Ind. Report)
State Incentives for Renewables and Efficiency
Date: 2019-10-21
The Database of State Incentives for Renewables and Efficiency (DSIRE) maintained by the North Carolina Clean Energy Technology Center at North Carolina State University provides summaries of state and federal renewable energy and building energy efficiency incentives.

The data includes programs offered by U.S. territories, local governments, and electric and gas utilities. Incentives can include tax incentives, grants, loans, rebates, industry recruitment/support, performance-based incentives, technical resources, feed-in tariffs, renewable energy credits, solar renewable energy credits and green building incentives.

DSIRE also includes information on rules, regulations and policies related to the incentives, including public benefit funds, building energy codes, appliance/equipment efficiency standards and energy standards for public buildings.

The database is limited to incentives and policies from only investor-owned utilities in the U.S., and electric cooperatives and municipal utilities with more than 30,000 customers. (Source: DSIRE, Arizona Business Daily Reports, Oct., 2019) Contact: Database of State Incentives for Renewables and Efficiency, www.dsireusa.org

More Low-Carbon Energy News Building Energy Efficiency,  


Dominion Energy Acquires VA. Solar Projects (M&A, Ind Report)
Dominion Energy
Date: 2019-09-30
In the Old Dominion State, Richmand-based Dominion Energy, Inc. subsidiary Dominion Generation, Inc. is reporting acquisition of two solar generating projects from Savion LLC, a subsidiary of Macquarie's Green Investment Group.

The 15-MW Myrtle Solar project in the City of Suffolk is expected to come online in Q2, 2020. The 80-MW Greensville Solar facility in Greensville County is expected to come online in late 2020.

Power generated at the two sites, as well as the renewable energy credits, will go to telecommunications company T-Mobile USA, Inc., under long-term PPAs. {Source: Dominion Energy, PR, 28 Sept., 2019) Contact: Dominion Energy, Aaron Ruby, (804) 771-3404, Aaron.F.Ruby@dominionenergy.com, Gary Courts, GM New Bus. Dev., www.DominionEnergy.com

More Low-Carbon Energy News Dominion Energy ,  Offshore Wind,  


Frederick, MD, Awarded LEED for Cities Certification (Ind. Report)
US Green Building Council
Date: 2019-08-12
In Maryland, both the city of Frederick and Frederick County are reporting receipt of LEED Silver certification under the US Green Building Council's LEED for Cities catagory for their commitment to sustainable growth and progress.

The City of Frederick's sustainability plan includes; targeting sustainability, carbon reduction, disaster preparedness, electrical vehicles, stream restoration, historic preservation, composting and recycling initiatives, as well as the watershed master plan and Frederick Community Action Agency services. The city of 65,000 +- residents is also purchasing renewable energy credits and continues to upgrade its lights to LEDs. (Source: City of Frederick, Md., Pr, Com. Property Exec., 10 Aug., 2019) Contact: City of Frederick, www.cityoffrederick.com; USGBC, Mahesh Ramanujam, Pres., CEO, (202) 552-1500, www.usgbc.org

More Low-Carbon Energy News US Green Building Council,  Energy Efficiency,  Sustainability,  


Toyota NA to Cut Carbon Emissions Through VPAAs (Ind Report)
Virtual Power Purchase Agreement,
Date: 2019-07-29
Japanese auto giant Toyota Motor North America reports it is committing to aggressively reduce its carbon output in the US by entering into Virtual Power Purchase Agreements (VPPAs) to reduce operation emissions by up to 40 pct over the next 3 years. The company plans to cut overall emissions from plant operations to zero by the year 2050.

Under the VPPAs, which the company expects to commence later this year, Toyota NA will contract with renewable energy providers to generate wind and solar power that will be provided directly to regional electric grids. The supply of renewable power is expected to reduce use of fossil fuels and emissions. By powering its operations from the enhanced grid and applying Renewable Energy Credits (RECs) earned by funding the generation of renewable electricity, Toyota expects to substantially offset emissions from its North American facilities. This VPPA endeavor supports the company's Environmental Challenge 2050 which sets out the following global objectives:

  • 90 pct reduction in global average CO2 emissions from new vehicles vs. 2010 levels;
  • complete elimination of CO2 emissions from the entire vehicle life cycle; zero emissions at all manufacturing plants worldwide;
  • minimizing water usage and implementing water discharge management protocols;
  • promoting global deployment of end-of-life vehicle treatment and recycling, and;
  • connecting and promoting nature conservation activities outside of the Toyota Group in the communities where it operates. (Source: Toyota NA, Auto Connected Car News, 24 July, 2019)

    More Low-Carbon Energy News Carbon Emissions,  Toyota,  CO2,  Virtual Power Purchase Agreement,  CERs,  


  • Washington Legislation Decarbonizing Electricity Grid (Ind. Report)

    Date: 2019-04-17
    Last week in Olympia, the Washington House of Representatives moved the state closer to decarbonizing its energy grid with the passage of legislation that will put the kibosh on coal use by 2025 and move the state to a carbon-neutral grid by 2030.

    Washington is the fourth state to pursue carbon-free electricity. California, Hawaii and New Mexico have already passed similar plans, while Nevada and New York are considering similar bills.

    Washington, under Dem, Governor Jay Inslee's direction, is pursuing specific measures focused on slashing emissions from specific sectors rather then imposing a an all encompassing carbon tax to meet its carbon reduction goals. Inslee, a recently announced 2020 Presidential hopeful, has pushed the state's power companies to obtain 80 pct of their energy from carbon-free sources by 2030 and to offset emissions for the remaining 20 pct with renewable energy credits. Come 2045, all retail electricity sales must come from carbon-free sources.

    State legislation calls for a 25 pct emissions reduction of 1990 levels by 2035, and 50 pct by 2050. (Source: Various Media, 16 April, 2019)

    More Low-Carbon Energy News Carbon Emissions,  


    Airstream Opts for 100 pct Renewable Energy Credits (Ind. Report)
    Airstream
    Date: 2019-03-22
    Jackson Center, Ohio-headquartered travel trailer manufacturer and icon Airstream Inc. reports its corporate office and manufacturing center in is now 100 pct powered by renewable energy credits (RECs). In addition, Airstream's new 750,000-square-foot facility that is opening in the next 12 months will also carry the same commitment. Airstream is subsidiary of Elkhart, Ind.-based RV manufacturer Thor Industries.

    Airstream is participating in Jackson Center Municipal Power's "EcoSmart Choice" program that allows participants to purchase RECs from wind, hydroelectric or landfill gas projects offered through American Municipal Power Inc. By using RECs to power its facilities in 2018, the company was able to offset 4,220 metric tons of carbon dioxide, the company said. (Source: Airstream, NA WindPower, 21 Mar., 2019) Contact: Jackson Center Municipal Power, (937) 596-6314, www.jacksoncenter.com/departments/electric-department; Airstream, Bob Wheeler, CEO, (877) 596-6111, www.airstream.com/company

    More Low-Carbon Energy News Airstream,  Renewable Energy Credits,  CERs ,  


    NV Energy Offers Low-Cost Renewables Option to Select Commercial Customers (Ind. Report)
    NV Energy
    Date: 2019-03-08
    In Las Vegas, NV Energy is touting the Nevada GreenEnergy Rider (NGR 2.0) that makes more than 1 million MWh of low-cost renewable energy resources available to large commercial customers such as casinos and government entities.

    According to NV Energy, "NGR 2.0 offers eligible customers the ability to pay a rate directly tied to low-cost, Nevada-based solar resources, which is in line with our own philosophy to provide all of our customers with clean energy, while keeping rates low. This sustainable energy solution is a win-win as eligible customers will reduce their energy costs while NV Energy retains the renewable energy credits in order to comply with Nevada's renewable portfolio standard for the benefit of all customers."

    The initial allotments for the renewable energy rate include up to 565,000 MWh of solar for southern Nevada customers and 375,000 in the north, which combined serves approximately 153 MW of demand. Commercial customers who use at least 8,760 MWh of energy and have MW or more are eligible to participate. Governmental entities need only use 8,760 MWh of energy annually. (Source: NV Energy, PR, Mar., 2019) Contact: NV Energy, Kristen Saibini, Corporate Communications, (775) 834-3891, ksaibini@nvenergy.com, www.nvenergy.com

    More Low-Carbon Energy News NV Energy,  Renewable Energy,  Renewable Energy Credits,  


    Clenera, CIPCO Announce Major Iowa Solar Project (Ind. Report)
    Central Iowa Power Cooperative,Clenera LLC
    Date: 2018-12-19
    Central Iowa Power Cooperative (CIPCO) is reporting a partnership with Boise, Idaho-based solar energy specialist Clenera LLC to develop the Wapello Solar project which it claims will be the Hawkeye State's largest solar project.

    Under the terms of their agreement, CIPCO will purchase 100 pct of the proposed 100 MW solar project's output for 25 years.

    Clenera will develop and operate the Wapello Solar project and retain all associated renewable energy credits. The project is expected to come online in December, 2020. (Source: Central Iowa Power Cooperative, Solar Industry, 17 Dec., 2018) Contact: Central Iowa Power Cooperative, Bill Cherrier, CEO, Exec. VP, (319) 366-8011, www.cipco.net; Clenera LLC, Jason Ellsworth, CEO, 208-639-3232, lenera.com

    More Low-Carbon Energy News Central Iowa Power Cooperative,  Wind,  Solar,  Renewable Energy,  


    Fort Fairfield Maine Woody Biomass Plant Shuttered (Ind. Report)
    ReEnergy Holdings,Maine Biomass
    Date: 2018-11-16
    ReEnergy Holdings reports it has ceased operation at its plant in Fort Fairfield, Maine, due to a "falling market for biomass electricity." The 1987 vintage 37-MW, 260,000 MWhy plant burned lumber mill residues and wood chips to generate sufficient electric power for about 34,000 homes

    Maine's six biomass energy plants have been struggling due to the declining value of renewable energy credits (RECs) in southern New England states, as well as lower electric power rates in general.

    In 2016, the state enacted a two-year $13.4 million aid package for ReEnergy's Ashland and Fort Fairfield facilities and Stored Solar's West Enfield and Jonesboro plants in an effort to support the struggling facilities and the logging industry.

    Plans for the Fort Fairfield plant, property and related equipment are uncertain. (Source: ReEnergy Holdings, The County, 14 Nov., 2018) RE Energy Holdings, Press Herald, 4 Dec., 2017) Contact: ReEnergy Holdings, Sarah Boggess, Communications and Governmental Affairs, (518) 810-0200, sboggess@reenergyholdings.com, www.reenergyholdings.com

    More Low-Carbon Energy News Woody Biomass,  Maine Biomass,  ReEnergy Holdings,  


    Oswego Named EPA Green Power Partner (Ind. Report)
    EPA Green Power Partner
    Date: 2018-10-15
    In the Land of Lincoln, the community of Oswego (pop. 56,000 +-) reports it has been recognized by the the US EPA as a Green Power Partner community. The award is in recognition of the village's Electrical Aggregation Program and its commitment to 100 pct renewable energy.

    For the program, the community contracted with clean energy provider MC Squared to purchase most of the energy and all the renewable energy credits for residents and businesses that participate in the Village's Electrical Aggregation program. For residents in the program, the amount they pay on their ComEd bills for their electricity supply supports new energy from a mix of wind and solar projects -- all at the same price as conventional coal -- and gas-powered electricity. Currently, 74 pct of all energy used in Oswego is from renewable resources.

    To qualify as a Green Power Partner, communities must use energy from eligible renewable sources, including solar, wind, geothermal, biogas, or certain biomass or low-impact hydroelectric sources. The energy must be purchased voluntarily and sourced from renewable facilities less than 15 years old located in the U.S. (Source: Village of Oswego, US EPA, 12 Oct., 2018) Contact: Village of Oswego, Electrical Aggregation (630) 554-3618, www.oswegoil.org; EPA Green Power Partner, www.epa.gov/greenpower

    More Low-Carbon Energy News Renewable Energy,  


    SCE Upgrading Green Tariff Shared Renewables Program (Ind. Report)
    Southern California Edison
    Date: 2018-10-10
    In an effort to give customers options for directly tapping into and supporting renewable electricity through their monthly power bills, Southern California Edison (SCE) has submitted five new Green Programs for California PUC approval.

    The new Green Energy Programs were proposed on the premise that SCE's existing Green Tariff Shared Renewables (GTSR) program was not effectively meeting the needs of all customers based on the requirement that all program costs be absorbed by subscribers and not diluted into the broader SCE customer base.

    The current GTSR program allows residential customers to procure green energy to offset 50 pct of their consumption. Under the new green tariff option, customers can opt for a plan that ensures that 100 pct of their power is sourced directly from renewable production, provides more flexibility to the utility and provides offsets for any non-renewable portion of the customer load to be offset with Renewable Energy Credits.

    SCE's new green program details are HERE. (Source: California PUC, SCE, Various Media, 8 Oct., 2018) Contact: SCE, Jill Anderson, VP Green Program Head, https://twitter.com/jillenergy?lang=en, www.sce.com

    More Low-Carbon Energy News Southern California Edison,  Green Energy,  Renewable Energy ,  


    URE Completes Ga. Power Community Solar Expansion (Ind. Report)
    Georgia Power
    Date: 2018-09-14
    Alpharetta, Georgia-headquartered United Renewable Energy™ (URE) is reporting completion of a 2-MW AC solar facility as the first installment of Georgia Power's Community Solar program. The project is owned by Georgia Power and was developed, designed and constructed by URE. The associated renewable energy credits (RECs) are retired on behalf of Georgia Power's Community Solar Program participants.

    URE is an engineering, procurement, and construction firm developing utility-scale PV farms and energy storage systems. (Source: United Renewable Energy, PR 13 Sept., 2018) Contact: United Renewable Energy, William Silva, CEO, Jakky Shanahan, 678.881.0014 x708, jakky@u-renew.com, www.u-renew.com; Georgia Power, www.GeorgiaPower.com/CommunitySolar

    More Low-Carbon Energy News Georgia Power,  Community Solar,  Solar,  


    Stored Solar's Maine Woody Biomass Plants Idle (Ind. Report)
    Stored Solar
    Date: 2018-08-08
    Further to our April 6th coverage, in Maine, the Portland Press Herald is reporting that two Maine woody-biomass-fired power plants owned by Stored Solar LLC that between them have received $1.2 million in state subsidies has purchased only a small portion of the locally sourced forest industry and lumber mill waste wood fuel they'd agreed to purchase and are presently inactive. Both plants' have laid off workers and are slated to restart in the fall.

    According to the company, running the plants is uneconomical because of low wholesale electricity prices and values for renewable energy credits in New England. (Source: Stored Solar, Portland Press Herald, Electric Light & Power, 6 Aug., 2018) Contact: Stored Solar LLC, Bill Harrington, (219) 712-4764, contact@thestoredsolar.com, www.thestoredsolar.com

    More Low-Carbon Energy News Stored Solar,  Woody Biomass,  Biomass,  


    Consumers Energy Wind Farms Powering GM Plants (Ind. Report)
    Consumers Energy
    Date: 2018-03-12
    Jackson, Michigan-headquartered Consumers Energy reports that GM's Flint Metal Center and Flint Engine Operations are now fully powered by wind energy from Cross Winds Energy Park II, a new $90 million wind farm in Tuscola County. Both facilities will use about 110,000 total megawatt hours a year, according to the release.

    The agreement was free of cost for GM which will use transferable renewable energy credits (RINs) to measure emission reduction at its manufacturing sites. Consumers handled direct investment and resourcing. GM plans to run one-fifth of its global facilities on renewable energy by the end of 2018 and all 350 operations by 2050. Consumer's Energy aims to produce more than 40 pct of its energy through renewable sources and energy storage by 2040. (Source: Consumers Energy, Crains Detroit Business, Mar., 2018) Contact: Consumers Energy, Garrick Rochow, VP Operations, Patti Poppe, CEO, (517) 788-0550,info@cmsenergy.com, www.ConsumersEnergy.com

    More Low-Carbon Energy News Consumers Energy,  Solar ,  


    Atlanta Plans 100 pct Clean Energy by 2035 (Ind. Report)
    Greenlink Group
    Date: 2018-01-22
    The city of Atlanta reports it plans to phase out all coal, natural gas and nuclear power generated electric power by 2035. Not just for city operations, but for everything and everyone within the city limits.

    The plan is in line with other major cities and their commitments in the wake of Trump's announced plan to withdraw the US from the Paris Climate Accord.

    Atlanta's goal will require the addition of renewable energy, the purchase of renewable energy credits (RINs), and dramatically increased energy efficiency city wide, according to Matt Cox, CEO of the Greenlink Group, the Atlanta company working on the technical aspects of the plan. The plan is due to city council by the end of the month. (Source: City of Atlanta, WABE 90, 19 Jan., 2018)Contact: City of Atlanta, Megan O'Neil, Mayor's Office of Resilience, Energy Programs Manager, www.atlantaga.gov/government/mayor-s-office; Greenlink Group, www.thegreenlinkgroup.com

    More Low-Carbon Energy News Renewable Energy,  Clean Energy,  


    Traverse City Considers Renewable Energy Expansion (Ind. Report)
    Traverse City Light & Power
    Date: 2017-11-27
    In Michigan, Traverse City reports it is considering offers from Heritage Sustainable Energy, which struck a 20-year deal with Traverse City Light & Power (TCL&P) earlier this year, to build a 1-MW solar array and sell the solar power produced to the city.

    The agreement allowed for future expansion of the solar array -- a project Heritage is now ready to undertake with the installation of additional panels capable of producing up to 2.25 more MW of solar power in spring 2018. Under the terms of the agreement, TCL&P can purchase all of that power at an estimated cost of 9.95 cents per kWh.

    The arrangement would allow the city to take advantage of federal renewable energy credits and bring the city nearly 43 pct closer to meeting its 2020 goal.

    In addition to offering to sell more solar power to TCL&P, Heritage is also proposing selling more wind energy to the city-owned utility. TCL&P already purchases 10 MW of power produced by five wind turbines. Heritage is offering to add two more wind turbines to the mix to sell TCL&P an additional 5 MW, and could begin supplying the additional wind power in January, 2018. (Source: Traverse City Light & Power, Ticker, 25 Nov., 2017) Contact: Traverse City Light & Power, (231) 922-4431, www.tclp.org

    More Low-Carbon Energy News Traverse City Light & Power,  Renewable Energy,  


    MID Buying Solar to Meet Calif. Renewable Mandate (Ind. Report)
    Modesto Irrigation District
    Date: 2017-10-06
    In the Golden State, the Modesto Irrigation District (MID) reports it will purchase approximately $230 million-worth of Southern California-generated solar power over the next 20 years to meet the state's renewable energy mandate. The power will be purchased at a fixed price and sold st the market rate at time of sale.

    MID secures most of its renewable energy credits (RECs) from wind farms in northwestern states and expects to meet California's 33 pct from renewable sources threshold in 2020, but would fall behind a higher mandate by 2023 without the new solar purchase.

    MID will spend about $7 million a year buying solar power from NextEra Energy's Blythe IV solar farm in Riverside County near the Arizona border. MID will pay another $5 million a year for power from Recurrent Energy's Mustang Two Barbaro solar farm in Kings County near the Lemoore Naval Air Station. (Source: Modesto Irrigation District , Modesto Bee, 28 Sept., 2017) Contact: Modesto Irrigation District, (209) 526-7337, www.mid.org

    More Low-Carbon Energy News Solar,  Renewable Energy Credit,  


    Morgan Stanley Plans Carbon Neutrality by 2022 (Ind. Report)
    Morgan Stanley
    Date: 2017-09-25
    New York-headquartered multinational financial services giant Morgan Stanley reports will seek to source 100 pct of its global electric power requirements from renewable energy sources under a plan to achieve carbon neutrality by 2022. To that end, the company plans to cut overall energy consumption by 20 pct from 2012 levels, improve energy efficiency and consider power purchase agreements, renewable energy credits and carbon offsets. Morgan Stanley will also join the Climate Group and CDP RE100 Initiative comprised of companies committed to power 100 pct of their operations with renewables.

    Since 2006, Morgan Stanley has lowered its carbon footprint by 36 pct and met its previous goal for cutting carbon dioxide (CO2) emissions earlier than planned.(Source: Morgan Stanley, Renewables Now, Other Media, 22 Sept., 2017) Contact: Morgan Stanley, (212) 761-4000, www.morganstanley.com

    More Low-Carbon Energy News Carbon Neutral,  CDP,  RE100,  


    Citigroup Pledges 100 pct Renewable Energy by 2020 (Ind. Report)
    Citigroup
    Date: 2017-09-22
    NYC-headquartered financial services giant Citigroup reports it will be powered by 100 pct renewable energy by 2020. The company is looking at onsite power generation, power purchase agreements and renewable energy credits to help reach its goal.

    Citigroup owns or leases over 57 million square feet of real estate in over 7,900 properties including its new NYC global headquarters currently under construction to LEED Platinum energy efficiency certification standards.

    Citi is joining the global "R100" initiative led by The Climate Group in partnership with CDP and part of the We Mean Business Coalition. (Source: Citigroup, Energy Mgr., Other Media, 19 Sept., 2017)Contact: Citigroup Inc., www.citigroup.com

    More Low-Carbon Energy News Clean Energy,  Renewable Energy,  Citigroup,  


    General Mills, RES Ink Wind Energy Purchase Agreement (Ind. Report)
    Renewable Energy Systems
    Date: 2017-06-14
    Minneapolis-based food giant General Mills reports it has sealed a 15-year PPA with Renewable Energy Systems (RES) for 100-MW of power from the 20,000-MW Cactus Flats wind project in Concho County, Texas.

    Under the terms of the deal, General Mills will help fund construction of the Cactus Flats project. Wind power generated at the site will be used for renewable energy credits that can be used toward achieving General Mills' greenhouse gas emission reduction targets. (Source: General Mills, PR, Renewable Energy Systems, Powder & Bilk Solids, 8 June, 2017)Contact: Renewable Energy Systems, www.res-group.com; General Mills, www.generalmills.com

    More Low-Carbon Energy News Renewable Energy Systems,  Wind,  


    SunPower Solar Helps Mass. Schools Cut Energy Costs (Ind. Report)
    SunPower
    Date: 2017-06-07
    The Bay State, which is among the top U.S. states for the most solar capacity, adding 6.9 MW of solar bringing the state's total installed and operating solar capacity to 1,487 MW. Solect Energy and Green Street -- members of SunPower's national dealer network -- will installthe additional 6.9 MW of solar energy with the installation of high-efficiency SunPower® solar systems at 10 Massachusetts schools.

    In Easton, Solect Energy has constructed a 2.8-MW SunPower solar carport system at Stonehill College. The college will buy electricity generated by the system at a competitive rate under a power purchase agreement (PPA) arranged by SunPower which requires no upfront investment.

    In Bridgewater, Green Street has developed a 4.1-MW SunPower® Helix™ Roof system at Ajax United Drive, LLC. Green Street will own the offsite solar power system and renewable energy credits while Attleboro Public Schools will purchase the power through a 20-year PPA. Energy from the system is expected to meet about 75 pct of electricity needs for five elementary schools, three middle schools and one high school.

    SunPower solar technology has also helped a number of Massachusetts schools save on energy costs, including Cape Cod Community College, Clark University, Edgerly School, Harvard University, and University of Massachusetts Lowell. (Source: SunPower Corp., PR, Stockhouse, June, 2017) Contact: Solect Energy , www.solect.com; SunPower, Nam Nguyen, Exec. VP, www.sunpower.com

    More Low-Carbon Energy News SunPower,  Solar,  


    China NEA Introducing Green Credits to Bolster Renewables (Int'l)
    China National Energy Administration, en.ndrc.gov.cn
    Date: 2017-05-29
    In Beijing, the China National Energy Administration has announced that beginning July 1, 2017, Chinese electric power generators and retailers will be required to purchase green electricity credits (certificates) as proof that electricity has been generated through renewable energy sources. The government presently pays electric power generators a premium for renewable energy, but that system will be gradually phased out.

    After July 1, electric power producers will be expected to increase the share of renewables in their portfolios to 15 pct by 2020 or be forced to make up the shortfall by purchasing green electricity certificates.

    To encourage investment in renewables, the state has so far supported energy firms by directly subsidizing the price paid by the grid -- the extra cost of buying renewable electricity as compared to coal-fired power. By the latter half of 2016,approximately $8 billion in subsidy payments was still outstanding.

    The new system is designed to reduce the financial burden on government by phasing out direct subsidies for renewables and shifting the cost onto companies trading certificates. This will help renewable electricity firms see a quicker ROI because electronic certificates will be awarded to generators (excluding hydro) as soon as power is delivered to the grid.

    The NEA also revealed that in 2018 the government is likely to implement quota audits and compulsory certificate trading, though this is not yet official. (Source: China National Energy Administration, China Dialogue, 23 May, 2017) Contact: China National Energy Administration, en.ndrc.gov.cn

    More Low-Carbon Energy News China NEA,  Renewable Energy Credits,  Renewable Energy Subsidies,  


    Turboden Supplying ORC Tech to US Wood Pellet Maker (Ind. Report)
    Turboden,Maine Woods Pellet
    Date: 2017-04-26
    In Italy, Brescia-based Turboden Srl reports it will supply its 8MWe biomass organic rankine cycle (ORC) technology for use at Maine Woods Pellet's facility in Athens, Maine. The system will process wood waste from forestry operations, such as logging, to generate electricity for the pellet manufacturing process.

    Using the ORC technology, Maine Wood Pellet's existing pellet plant is the first biomass project to fully qualify for Massachusetts Standard Class 1 regulations for Renewable Energy Credits (REC's). (Source: Turboden Srl, PR, endsWaste&Bioenergy, 24 April, 2017) Contact: Turboden Srl, +390303552001, info@turboden.it, www.turboden.com; Maine Wood Pellets, www.mainewoodspelletco.com

    More Low-Carbon Energy News Turboden,  Maine Woods Pellet,  Wood Pellet,  Woody Biomass,  


    Southern Power Commissions 120-MW W.Tex. PV Park (Ind. Report)
    Southern Power,First Solar Inc
    Date: 2017-04-07
    US wholesale energy provider Southern Power is reporting the start of commercial operations at the 120-MW East Pecos solar park in West Texas. The facility uyilizes approximately 1.2 million solar panels by First Solar Inc., which constructed the park in 2016 and provides operation and maintenance services. The facility's power output outputand related renewable energy credits will be sold to Austin Energy under a 15-year PPA.

    Southern Power presently has 3,200 MW of U.S. renewable energy project in operation or under construction, according toi the company. (Source: Southern Power,Solar, Renewables Now, Other Media, 6 April, 2017) Contact: Southern Power, Buzz Miller, Pres., CEO, (404) 506-5000, www.southerncompany.com

    More Low-Carbon Energy News Southern Power,  Solar,  First Solar Inc ,  


    GOP Aims to Kill Buckeye State Renewables Mandates (Reg & Leg)
    Ohio, Renewable Energ
    Date: 2017-03-10
    In the Buckeye State, the Republican dominated Ohio House is considering legislation that would make voluntary the mandates that now require power companies to generate or buy and sell a percentage of their power from wind, solar and other renewable energy technologies.

    The bill would allow customers that have signed a contract with an independent power company to avoid paying the supplier extra charges for green power. It would also let individual power companies decide what percentage of the power it sells has been generated by renewable technologies such as wind and solar. The law currently demands that by 2026, 12.5 pct of the power sold must be from renewables.

    The standards under this proposed legislation would be completely voluntary and there would be no penalties for companies that chose not to sell green power without fines or penalties. And in 2026, even the voluntary benchmarks would be completely eliminated. The legislation does, however, continues rules on Renewable Energy Credits (RECs) but would effectively kill the future value of RECs. (Source: Cleveland.com, Various Other Media, 7 Mar., 2017)

    More Low-Carbon Energy News Renewable Energy Standard,  Energy Efficiency,  

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