Wind and the Myth of Widespread Negative Pricing
Herman K. Trabish: May 20, 2013
Does wind power reduce grid pricing and grid reliability?
Does wind power reduce grid pricing and grid reliability?
Savings more than cover costs in Mid-Atlantic and Midwest states.
First insight: Both parties see the grid’s sources of electricity are shifting.
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That PTC phase-out is officially off—and the fight for wind’s future is on.
Meeting an RPS is costing less than previously thought in many states.
GE did 6+ gigawatts in 2012—but the entire 2013 market may only be 4 gigawatts.
How will developers respond?
“Are we getting a lumpy renewable energy portfolio?”
He boosted national parks and led an Audubon chapter—but can he handle Capitol Hill?
Does Texas lead because of, or despite, its idiosyncrasies?
Manufacturers have orders and developers have bank financing. Wind is back.
The IRS has clarified the “under construction” provision in the production tax credit.
Global economics, regulatory uncertainty and falling PV and wind power costs are playing a role in declining greentech investment figures.
Funding will come from new sources, especially if the president’s permanent PTC survives.
The wind industry provided a noticeable boost for the U.S. economy in 2012.