Renewables & efficiency - Mar 17
by Staff
Click on the headline (link) for the full text. Many more articles are available through the Energy Bulletin homepage
But there is one place where capital is still flowing: Gainesville, Florida. Even as solar panels are stacking up in warehouses around the country, this city of 120,000 is gearing up for a solar power boom, fueled by homegrown businesses and scrappy investors who have descended on the community and are hiring local contractors to install photovoltaic panels on rooftops around town. One of those investors is Tim Morgan, a tall fiftysomething man with slicked-back hair and ostrich-skin boots who owns a chain of electrical contracting companies. His industry has been hit hard by the downturn, but he has a plan to salvage his business, which he explained over a drink at the Ballyhoo Grill, ... Why is the renewable energy market in Gainesville booming while it’s collapsing elsewhere in the country? The answer boils down to policy. In early February, the city became the first in the nation to adopt a "feed-in tariff"—a clunky and un-descriptive name for a bold incentive to foster renewable energy. Under this system, the local power company is required to buy renewable energy from independent producers, no matter how small, at rates slightly higher than the average cost of production. This means anyone with a cluster of solar cells on their roof can sell the power they produce at a profit.
Electric cars use lots of juice and are typically plugged in to recharge at night when utilities have excess power-generating capacity. That's great for power companies. But electric cars and plug-in hybrids, which are expected to start hitting the streets next year, could pose a challenge for utilities that aren't ready for them. Power companies need to make sure that a concentration of cars in a relatively small area won't overwhelm the grid. Charging has to be safe. Public charging stations need to be considered. ... Plugging in an electric car can be the equivalent of running up to six plasma television sets at once — a big energy drain. The key appears to be the strategy of adjusting rates to encourage charging at off-peak times.
All energy sources have a role in meeting the energy demand though the fossil fuels of oil, natural gas and coal will remain the world’s energy “work horse” for many decades to come, Saudi Arabian Oil Minister Ali al-Naimi said in a speech at the Energy Pact Conference in Geneva today. “The days of easy oil may be over, the days of oil as a primary source for the people of the world are far from over,” he said. Switching too early to “slowly evolving” alternative fuels risks lowering levels of investment in fossil fuels and increasing market speculation on oil prices, he said. “The consequences can be deeply counter-productive to global energy security.” Related from Saudi Gazette: Naimi: Oil substitutes must wait .
Just don’t expect the same high-growth trend to continue in 2009, said Ron Pernick, a co-founder of Clean Edge, the West Coast technology research firm that produces the annual report. Despite the long-term promise of the renewable energy industry, Clean Edge expects revenues to “remain level or decrease slightly”until global credit markets are restored and investor confidence returns, he said. Interviews on renewable energy Jim MacDougall at OPA on first state or provincial feed-in tariff in North America Andrew Walmsley at Florida Farm Bureau on Renewable Energy Dividends in Florida Rep. Keith Fitzgerald talks about HB 1317, the Florida renewable energy dividend bill (March 2009)
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