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Concentration of CO2 in the Atmosphere

July 30 Green Energy News

Opinion:

  • “What’s in store for the future of net metering and rooftop solar?” The cost for rooftop solar panels has fallen 80% since 2008. Installed rooftop solar energy increased by 900% between 2000 and 2011. As more net metered rooftop solar panels and net meter them, utility revenues will decrease. [GreenBiz.com]

World:

  • Sainsbury’s, one of the biggest UK retailers, has just completed its 210th rooftop PV system. The supermarket chain has now installed 100,000 solar panels across its stores, totaling 22 MW, enough to cover 35 football pitches. [pv magazine]
  • A new report published by the Swiss Energy Foundation has made it clear that Switzerland cannot afford not to transition to renewables by looking at the overall cost of not transitioning to renewables and lower consumption. [CleanTechnica]
  • São Paulo — the largest, richest, and most populous state in Brazil — has now set the relatively ambitious goal of receiving around 70% of its electricity from renewable energy sources by the year 2020. [RenewEconomy]

US:

  • Federal energy regulators accused JPMorgan on Monday of manipulating California electricity markets. In an official notice, the Federal Energy Regulatory Commission alleged that the bank had engaged in “eight manipulative bidding strategies” in California and Midwestern markets. [CNN]
  • Oil drillers in North Dakota’s Bakken shale fields are allowing nearly a third of the natural gas they drill to burn off into the air, with a value of more than $100 million per month, according to a study to be released on Monday. [Huffington Post]
  • EDF Renewable Energy is aggressively expanding its wind energy portfolio in Texas and may soon cross the milestone of 1,000 MW operational capacity in the state. The company has entered into an agreement to acquire part of a new wind energy project in Texas. [CleanTechnica]
  • Twenty projects have been recommended to receive grants from Xcel Energy’s Renewable Development Fund. The approximately $30 million in grants announced today will bring to nearly $200 million the total amount provided to renewable energy projects from the fund since 2001. [4-traders]
  • After two years with low enrollment, New Hampshire’s largest electric utility is phasing out a program that allows customers to pay more to support renewable energy. [Nashua Telegraph]
  • In a letter to the president and chief executive of ISO New England, Vermont Governor Shumlin criticized the grid operator’s decision to increase output from coal and oil power plants, while scaling back renewable energy production. [Boston Globe]
  • The Vermont Yankee nuclear plant had two more malfunctions of its radiation monitors on the plant’s refueling floor last week, for a total of four erroneous readings that radiation had exceeded safe standards within the building. [Barre Montpelier Times Argus]

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