Tag Archives: REPS
Owing to a long menu of highly favorable state policies, North Carolina has 60 percent of that nation’s PURPA qualifying solar facilities all by itself. David Fountain, the North Carolina president for Duke Energy, writes in Charlotte Business Journal: Today, Duke Energy must buy from solar developers at 15-year contracts at fixed prices that are higher than market.Continue Reading
For whatever reason this never makes news reports, even though it is big news: Energy-based emissions in North Carolina, like the U.S., have been falling all century. Here are some graphs; read more about them in my Spotlight report on The Market Forces Behind North Carolina’s Falling Emissions.
Advocates for least-cost, reliable electricity will welcome the ideas in Rep. Chris Millis’ “NC Ratepayers Protection Act” (House Bill 745). They will especially appreciate Millis’ call for studying the actual subsidies and incentives renewable energy producers receive, as well as capping the Renewable Energy Portfolio Standards (REPS) mandates until we have a better idea of what they’reContinue Reading
Dan Way writes this morning in Carolina Journal about the “NC Ratepayers Protection Act” (House Bill 745). A snippet: If the bill passes, the REPS [renewable energy portfolio standards mandate] would remain at 6 percent of state retail sales instead of jumping to 10 percent in 2018 and 12.5 percent in 2021. Purchase requirements would be fixedContinue Reading
The U.S. Energy Information Administration offers another glimpse, if you’re paying attention, into just how government-driven North Carolina’s “powerhouse solar industry” actually is. Look at this graph, from the EIA’s “Today in Energy” post entitled “North Carolina has more PURPA-qualifying solar facilities than any other state“: EIA explains: Utility-scale—one megawatt (MW) or greater—solar PV growth inContinue Reading
What do all these things have in common? Curious? Read “The Market Forces Behind North Carolina’s Falling Emissions” to find out.
I’ve long noticed two prongs of the solar lobby‘s message to legislators and the media — two messages that I think are completely at odds with one another: Solar is a powerhouse industry in North Carolina. Second in the nation in solar! Solar cannot make it as an industry on its own. Not without extensiveContinue Reading
…it’s well known that the renewable energy industry’s business model is entirely based on and utterly dependent on capturing public subsidies. It’s all about winning government goodies.—Yours truly, 8/28/15 Since the renewable energy industry cannot build itself by winning customers and investors on the strength of its own merits, they have to win politicians — who can force people to be their customers andContinue Reading