Electricity from solar energy

Posted on Mar 11, 2016

There are several advantages of photovoltaic solar power that make it “”one of the most promising renewable energy sources in the world.” It is non-polluting, has no moving parts that could break down, requires little maintenance and no supervision, and has a life of 20-30 years with low running costs. It is especially unique because no large-scale installation is required. Remote areas can easily produce their own supply of electricity by constructing as small or as large of a system as needed. Solar power generators are simply distributed to homes, schools, or businesses, where their assembly requires no extra development or land area and their function is safe and quiet. As communities grow, more solar energy capacity can be added, “thereby allowing power generation to keep in step with growing needs without having to overbuild generation capacity as is often the case with...

Solar energy - to success

Posted on Mar 3, 2016

Solar Energy is cornerstone to Success! The Clean Power Plan will rely on the installation of thousands of megawatts (MW) of new solar power systems, in addition to the 50,000 MW of solar projected to be operating by 2020.

What the plan does: The Clean Power Plan is the first ever U.S. standards designed to reduce carbon pollution from power plants, the nation’s largest source of CO2, while maintaining energy reliability and affordability. Today, electric power generation is responsible for nearly 40 percent of U.S. CO2 emissions. It will cut down on pollutants that cause serious health problems for thousands of Americans every year. The American Lung Association strongly supports the new standards, stating that if reduction goals are met by 2030, it would prevent up to 3,600 premature deaths, 90,000 asthma attacks and 300,000 sick days at work and school....

Renewable energy

Posted on Jan 7, 2016

A THEnergy analysis exemplarily shows the mining sector why the timing is excellent for intensive energy consumers to commit to solar and wind energy The price for crude oil is falling, and the diesel price is following. This development is triggered partly by the demand side, as China’s economy is not growing as quickly as expected. We can however see a more interesting development on the supply side. OPEC is sitting on the driver’s seat of the recent oil price tumble. The price of the OPEC basket of twelve crudes recently fell below USD 28.50 per barrel.

A dumping-like strategy by OPEC seems to be aimed at preventing long-term investment by other oil producing nations. An oil price in the twenties means hardly a dozen nations can produce oil economically. Similar consequences arise for related energy forms, such as renewables. In solar– and wind–diesel hybrid applications,...

Big solar fight breaks out

Posted on Jan 7, 2016

It’s a closely watched fight with broad implications for the solar industry and the push by the Administration to go green. An Arizona utility that generates and distributes electric power in one of the country’s sun-drenched areas has asked the state’s Corporation Commission for assistance in its fight with homeowners who have installed their own solar power panels, typically on house rooftops. Tucson Electric Power Co. asked the agency, which sets utility rates, to let it double its basic monthly service charge for residential customers, from $10 to $20 per month, as well as assess new fees, penalties, and charges on rooftop solar customers. A study done by the utility says that customers with solar panels, on average, shift $67 a month in costs to non-solar customers because they pay less for grid upkeep.

The fight has the potential to go to the courts and set standards...

Tax credit for solar installation

Posted on Jan 6, 2016

Several years ago, the New Mexico Legislature passed a new tax credit to incentivize homeowners and businesses to install solar energy systems. And it was incredibly successful. The state Energy Conservation Division estimates that more than $31 million was spent by New Mexico businesses and homeowners on solar panels and heating systems in just the past year. But, the tax credit is set to expire this year unless the Legislature takes action to renew it. Rep. Sarah Maestas Barnes, R-Albuquerque, and Sen. Mimi Stewart, D-Albuquerque, have both introduced legislation to restore the tax credits. Both bills would maintain the current benefit of as much as 10 percent of the total cost, up to $9,000, in the upcoming years, with that amount being reduced incrementally starting in the year 2019.

We have argued before, and continue to believe, that New Mexico’s tax code has far too...