Category — Government Incentives
In an unprecedented ruling, a judge reviewing whether Xcel Energy should invest in new natural gas generators vs. large solar power arrays concluded Tuesday that solar is a better deal.
If the finding by Administrative Law Judge Eric Lipman is upheld by the state Public Utilities Commission (PUC), Edina-based Geronimo Energy plans to build about 20 large solar power arrays on sites across Xcel’s service area at a cost of $250 million.
“It says solar is coming in a big way to the country and to Minnesota,” Geronimo Vice President Betsy Engelking said of the ruling.
Geronimo’s Aurora Solar Project would receive no state or utility subsidies, but would qualify for a federal investment tax credit. Engleking said it is the first time in the United States that solar energy without a state subsidy has beaten natural gas in an official, head-to-head price comparison.
Read the full article from StarTribune here.
January 3, 2014 Comments Off
On June 7, 2013, President Obama issued a memorandum titled “Transforming our Nation’s Electric Grid Through Improved Siting, Permitting and Review.” The memo directs the Secretaries of Agriculture, Commerce, Defense, Energy, and the Interior (collectively the “Secretaries”) to engage in certain actions aimed at establishing energy right-of-way corridors on Federal lands (“energy corridors”) and improved transmission siting, permitting, and review processes. The memo focuses on expanding energy corridors outside those designated by the Secretaries of the Interior and Agriculture in 2009 in 11 contiguous Western States (as defined in section 368 of the Energy Policy Act of 2005). [Read more →]
June 17, 2013 Comments Off
On Wednesday, June 5, 2013, the Department of Interior’s Bureau of Ocean Energy Management (“BOEM”) issued the Final Sale Notice for the sale of commercial wind energy leases on the Outer Continental Shelf. The auction is scheduled to take place on July 31, 2013 and will offer 164,750 acres for commercial wind energy leasing off the coast of Rhode Island and Massachusetts. BOEM will simultaneously auction the area as two separate leases. [Read more →]
June 11, 2013 Comments Off
From MercuryNews.com (4/8/2013 – 4:48 PM PDT) Solar financing startup Mosaic, widely known as the “Kickstarter for solar,” has a financing platform that allows individuals to invest in small to medium-size rooftop solar energy projects. [Read more →]
April 12, 2013 Comments Off
On March 29, 2013, the Environmental Protection Agency (“EPA”) issued updates to its emissions limits for new power plants under the mercury and air toxic standards (“MATS”). The less stringent limits are a result of new information and analysis the EPA received during the reconsideration period of MATS. The EPA stated that the revisions should not alter the control technologies that owners and operators must install to comply with MATS.
April 9, 2013 Comments Off