- An Xcel Energy solicitation for 238 projects of renewable energy resources with battery storage drew 430 proposals with record low median prices. Wind with storage drew 5,700 MW of bids priced at 2.1¢/kWh ($21/MWh). Wind and solar with storage drew 4,048 MW at 3.06¢/kWh. Solar with storage drew 16,725 MW, at 3.6¢/kWh. [Energy Storage News]
(The least expensive fossil fuel listed in Lazard’s LCOE analysis, combined cycle natural gas, produces electricity at 4.2¢/kWh to 7.8¢/kWh. Coal, nuclear, and other listed sources are higher than that.)
- Over 116 GW of new wind and solar capacity is expected to be installed in the US through the end of 2020, according to a Federal Energy Regulatory Commission projection. That total includes 72.5 GW of wind in 465 units and 43.5 GW of solar in 1,913 units. However, coal is expected to keep shrinking, losing 20.7 GW. [Power Engineering Magazine]
- New York will be the first major city to be remapped by FEMA with climate change in mind, according to a report in the New York Times. Cartographers will take into account the new normal of rising sea levels and increasingly frequent 100-year (and 500-year) storms. FEMA’s maps represent the agency’s flood plain estimates. [Next City]
- “How Much Longer Does South Florida Have Until The Real Estate Apocalypse Begins?” • At some point the reality that the region is not long for this world will have to sink in, and when it does, demand for homes in the region will crater to a degree that not many living there now probably fully comprehend … so, when will that be? [CleanTechnica]
- “How Blockchain Can Democratize Green Power” • The certification process for Renewable Energy Credits is expensive and cumbersome, and Power Purchase Agreements can only be negotiated by large green generators. But mom-and-pop green generators can enter the market effectively by using blockchain. [EcoWatch]
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