Expectations for the latest demand surge boosted electricity prices in the spot market, with next-day prices in ERCOT’s north hub soaring to $120 per megawatt hour MWh for Friday from $40 for Thursday
Solar Was Almost 100% Of New Electrical Capacity Added In The US In March
Net metering allows you to receive bill credits, but the exchange is not typically in the form of money. Instead, these credits are stored and can be used when needed on overcast days
Solar photovoltaics and wind contributed about 80% of global net generation capacity additions in 2023; four times as much new solar and wind electricity generation capacity was added as compared to all other sources. Approximately 80% of net addition to global net generation capacity will come from solar photovoltaics and wind in 2023, marking the fastest energy revolution in history. Compared to everything else
The USDA’s Rural Energy for America Program (REAP) offers funding and guaranteed loan financing to rural small businesses
Quite a start to the week renewables are having in ERCOT. On Sunday and Monday wind and solar have approached 80% of the total generation. Adding in nuclear, and that’s a lot of low carbon electricity. We used to worry that even 20% intermittent renewables would break the grid; now we routinely deliver a majority of generation through our abundant, clean, and inexpensive Texas
