Economics

Figure 1. Average estimated annual residential rooftop PV market capacity potential from 2017 – 2030 (Source: NREL)

sepapower.org - by Jeffrey Cook - August 16, 2018

If the solar industry reaches this Department of Energy (DOE) target, it could dramatically alter the energy market and present a future where residential PV becomes a standard, cost-effective home installation, versus a luxury or long-term investment. A recent NREL report — Cost-Reduction Roadmap for Residential Solar Photovoltaics (PV), 2017-2030 — models a set of pathways that the industry could follow to realize this future. The analysis focuses on two key markets for residential PV cost reduction: installing PV at time of roof replacement and installing PV at time of new construction. These two market segments were selected because each offers significant cost reduction opportunities while representing a 30 gigawatt (GW) annual market nationwide (see Figure 1).

Stalled cars and rescue vehicles on a flooded section of Interstate 610 in Houston on Aug. 27.  ALYSSA SCHUKAR

CLICK HERE - BiPartisan Budget Act of 2018 (Public Law 115-123) - Long Term Disaster Recovery Investment Plan - Construction Account - As of July 5, 2018 (2 page .PDF file)

bizjournals.com - by Olivia Pulsinelli - July 6, 2018

The U.S. Army Corps of Engineers announced July 5 how it will allocate billions of dollars for more flood-mitigation efforts. 

Of the allocations announced July 5, the largest portion is more than $13.9 billion for the construction of nearly 60 projects to reduce damage from floods and storms across multiple states and Puerto Rico.

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Orange County, Texas - see page 11 in the 75 page report within the link below.  It describes the proposed construction for the levee in Orange County and includes a map showing the placement of the proposed levee.

submitted by Carrie La Jeunesse

Corporate sustainability teams could play an important role in building resilience to environmental risks.

bloomberg.com - June 4, 2018

According to the World Economic Forum’s Global Risks Report 2018, three of the top five threats in terms of likelihood are environmental: extreme weather, natural disasters and the failure of climate change mitigation . . . 

. . . The reason for the seismic potential of these environmental risks isn't just the risks themselves, but also their knock-on effects. In a global economy, every corporate executive has to consider the potential for cascading risks to threaten the systems that underpin our economy and society.

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submitted by Krae Van Sickle

Figure 1: Distribution-scale solar costs more than wholesale power, but it costs less if you fairly value all benefits

rmi.org - by Titiaan Palazzi Thomas Koch Blank - May 1, 2018

“New Record Set for World’s Cheapest Solar.” A headline like this makes for great social media fodder. The downward trend in renewables prices is fantastic—it’s the most important driver for the growth of solar and wind energy.

However, when your business or utility is comparing different energy projects, looking at cost alone is not enough. Even energy projects at very low costs can be “out of the money” if the value created by a project is less than its cost.

(CLICK HERE - READ COMPLETE ARTICLE)