To help further support the affected communities please donate to the BVI Community Support Appeal and help us build a better, cleaner, stronger and more sustainable Caribbean region.
Hot off the presses, a new report released today by SEIA, The Solar Foundation, and Generation 180 shows vast growth in solar on K-12 schools in the United States. Solar capacity on our country’s schools has nearly doubled since the last version of this report in 2014, with 5,489 K-12 schools now powered by solar, totaling nearly 1,000 megawatts of electric generating capacity.
It’s no secret that many American schools are underfunded and classrooms often lack necessary resources for students to learn. Well, with the cost to install solar plummeting, schools are making the switch and seeing their electricity bills shrink, freeing up funds to use to strengthen what schools are here to do, which is teach our nation’s children.
The cost of a solar school installation pops off the page in this report, dropping 67% in the last decade and 19% last year alone. The result is a boom in installations allowing 4 million students in the United States to receive their education in a school powered by solar.
“There’s a reason solar is spreading so quickly across America’s school districts, and it’s pretty simple — when schools go solar, the entire community benefits,” said Abigail Ross Hopper, SEIA’s president and CEO.
These 5,000+ schools are running with much lower electricity bills, and those savings can go toward higher pay for our nation’s teachers, school supplies, textbooks and other essential resources. An investment in solar on a school is a direct investment in that community. Plus, what could be better than a science and conservation lesson right on the school grounds?
“When schools go solar, the entire community benefits.” – SEIA CEO Abigail Ross Hopper
California schools lead the way in solar adoption with nearly 2,000 schools making the switch. But it’s notable that other states have picked up the pace including New Jersey, Arizona, Massachusetts, and New York. These states are setting an example and laying the groundwork for other states to follow.
When a school goes solar and cuts their energy costs, that puts investment back into what matters most: the students. Learn more about the report here and see if your community’s school has made the smart choice to invest in their community and go solar.
KINGSTON, Jamaica (JIS) — Minister of Science, Energy and Technology, Dr Andrew Wheatley, says energy efficiency and conservation is a priority of the Government in order to reduce the dependence on high-cost imported fossil fuels.
He was speaking at the ceremony for the signing of a US$15-million loan agreement with the Japan International Cooperation Agency (JICA) for the implementation of the Energy Management and Efficiency Programme (EMEP).
The sum is the second portion of a joint loan of US$30 million for the roll-out of the EMEP. The Government signed an agreement with the Inter-American Development Bank (IDB) for the first US$15 million on November 10.
“We, at the ministry, welcome the signing of this agreement, which we see as crucial in our efforts to develop a competitive energy environment, diversify our energy sources and improve energy efficiency,” said Dr Wheatley.
He noted that the $30-million EMEP will consolidate and expand on the achievements under other initiatives, which have resulted in savings of some 3.6 million kilowatt hours amounting to more than $131.5 million as at July 2017.
He noted that some 800 people in more than 40 ministries, departments and agencies have been trained through seminars and workshops in the areas of energy conservation and energy efficiency to augment some $1.1 billion worth of investment.
Such investments include application of the cool roof solutions and retrofitting and replacement of old-technology air-conditioning systems.
“With EMEP, there will be deepening of the retrofits to be undertaken, expanding to other government entities, such as those within the health, education and security sectors. There will also be even greater opportunities for us to promote fuel conservation in road transportation, and, very importantly, support for the Government’s electricity planning function – the Integrated Resource Plan,” Dr Wheatley said.
Statistics have shown that an estimated annual average of 20.4 million barrels of oil equivalent (BOE) were imported during the 2010-2015 period for use in the electricity, manufacturing and transportation sectors, with an average import value of US$1.9 billion. One aim of the EMEP is to reduce the amount of oil imported for energy production.
EMEP will be executed by the Petroleum Corporation of Jamaica (PCJ), which falls under the ministry.
Utilities that need to build new power generation facilities or replace old ones are going to have a hard time justifying anything but renewable energy in 2017 and beyond. Investment bank Lazard recently released its 11th analysis of the cost of new electricity generation, titled Lazard’s Levelized Cost Of Energy Analysis–Version 11.0, and showed that wind and solar energy are now cheaper than diesel, nuclear, coal, and in most cases natural gas.
Utilities and regulators are going to be hard-pressed to justify anything but renewable energy generation in the future. From Maine to Hawaii, the U.S.’s energy future is renewable.
The table below shows Lazard’s analysis of the cost, on a per kWh basis, to build new power plants with different fuel sources and technologies. You can see that the lowest cost option is wind at 3 cents per kWh, followed by gas combined cycle that’s as cheap as 4.2 cents per kWh, and solar, which costs between 4.3 cents and 5.3 cents per kWh.
|Energy source||Low-End Estimate||High-End Estimate|
|Crystalline Utility-Scale Solar PV||4.6 cents per kWh||5.3 cents per kWh|
|Thin-Film Utility-Scale Solar PV||4.3 cents per kWh||4.8 cents per kWh|
|Wind||3 cents per kWh||6 cents per kWh|
|Coal||6 cents per kWh||14.3 cents per kWh|
|Natural Gas Combined Cycle||4.2 cents per kWh||7.8 cents per kWh|
|Nuclear||12.2 cents per kWh||18.3 cents per kWh|
|Diesel||19.7 cents per kWh||28.1 cents per kWh|
What you’ll also notice is that the range of costs is much wider for fossil fuels like natural gas. That’s because construction costs can be different depending on the state, fuel prices, and how often the plant is being used. Renewable energy, on the other hand, gets to cut to the front of the line on the grid, meaning nearly 100% of its electricity production is used, allowing for predictable electricity pricing.
What’s clear is that diesel, nuclear, and coal are all higher cost than both wind and solar energy on a per kWh basis. No matter how you slice it, renewable energy is winning versus fossil fuels on economics.
I’ll also point out that there’s no fuel cost risk for renewable energy. The wind and sun are zero-cost fuel sources, unlike extracted fuels, which could conceivably spike from current levels.
It wasn’t long ago that Lazard’s analysis wasn’t so favorable to renewable energy. In 2010, version 4.0 of Lazard’s levelized cost of energy study had wind costs at 6.5-11.0 cents per kWh and solar at 13.4-19.4 cents per kWh. Natural gas, coal, and nuclear all beat solar on a cost basis, and in some cases beat wind.
|Energy source||Low-End Estimate||High-End Estimate|
|Crystalline Utility-Scale Solar PV||13.4 cents per kWh||15.4 cents per kWh|
|Thin-Film Utility-Scale Solar PV||13.4 cents per kWh||18.8 cents per kWh|
|Wind||6.5 cents per kWh||11.0 cents per kWh|
|Coal||6.9 cents per kWh||15.2 cents per kWh|
|Natural Gas Combined Cycle||6.7 cents per kWh||9.6 cents per kWh|
|Nuclear||7.7 cents per kWh||11.4 cents per kWh|
Clearly, the tides have shifted in the energy industry. Fossil fuels is at best flat and in some cases getting more expensive, while renewable energy costs are coming down every year. There’s no indication these trends will reverse course, and investors need to consider whether they’re using renewable energy’s growth as a tailwind for their portfolio or fighting the clear trends in energy. If these charts are any indication, fossil fuels’ days may be numbered.
The Public Service Company of New Mexico is asking for project proposals, including renewables and battery storage, designed to help reach its coal-free goal by 2031.
A joint study by Finland’s Lappeenranta University of Technology and Energy Watch Group presented on the sidelines of the COP23 talks in Bonn demonstrates that a global transition to 100% renewable electricity could be achieved by 2050, and would be more cost effective than the current electricity system.
The study, ‘Global Energy System Based on 100% Renewable Energy – Power Sector’ was presented during the Global Renewable Energy Solutions Showcase event, a sideline to the United Nations Climate Change Conference COP23 currently underway in Bonn.
The study’s key overall finding is that a global shift to 100% renewable electricity is feasible with current technology, and would be more cost effective than the current system led by fossil fuels and nuclear generation.
The study found that in a projected scenario for energy demand in 2050, 100% could be met by current renewable technologies, at a global average LCOE of €52/MWh, compared with 2015’s average LCOE of €70.
In EWG’s 2050 scenario, solar PV covers 69% of electricity demand, wind 18%, hydro 8% and bioenergy 2%. The study predicts that wind will briefly overtake solar in the 2020s, before further price drops put solar back in the lead.
Storage is outlined as the key supporting technology for solar, with around 31% of total demand covered by storage technologies. 95% of this is projected to come from short term storage provided by batteries, with power to gas conversion providing seasonal storage.
“There is no reason to invest one more dollar in fossil or nuclear power production,” exclaims EWG President Hans Josef. “All plans for a further expansion of coal, nuclear, gas and oil have to be ceased. More investments need to be channeled in renewable energies and the necessary infrastructure for storage and grids. Everything else will lead to unnecessary costs and increasing global warming.”
The report is based on an original model developed by Lappeenranta University of Technology, which calculates the most cost-effective mix of technologies based on available resources in 145 regions for a full reference year. The full study is published here.
Only time will tell whether this study’s recommendation will translate into reality. As lead author Christian Breyer sums up: “Energy transition is no longer a question of technical feasibility or economic viability, but of political will.”
Prime Minister Andrew Holness says Jamaica must capitalise on the availability of renewable energy. He explained that the country would be in a far better position if it could convert naturally occurring forces into energy.
“It is possible for Jamaica to go to approximately 50 per cent of its energy needs provided by alternatives,” Holness declared during a tour of BMR Jamaica Wind Limited in Potsdam, St Elizabeth, on Wednesday.
BMR Jamaica Wind Limited is the builder, owner and operator of Jamaica’s largest privately funded renewable energy project. The 36.3MW wind-generating facility has been in operation since July 1, 2016. At a cost of US$89.9 million, this represents a major investment in the parish of St Elizabeth.
“From a policy perspective, we would much prefer to have more of our energy locally generated, and from that perspective, renewables are very important to us,” said Holness.
He pointed out that there is great potential between the parishes of Manchester and St Elizabeth for an expansion in wind-generating plants and that the significant investment made by BMR Limited is an indication that there can be even greater investment in wind energy in Jamaica.
Meanwhile, the Prime Minister said that the Government is doing an integrated resource plan which will project what are the country’s future needs. In addition, the plan will incorporate how the country can supply those future needs integrating renewables, in particular wind and solar.
“Of course, the problem with renewables is the intermittency of the supply, and even that can be overcome with battery technology, which has increased and improved, and so I hold a very optimistic view of the future of energy supply in Jamaica. We are now looking at expansion in solar,” added the Prime Minister.
According to Holness, another solar plant will be opened very soon and the Government is also examining waste energy as a solution.
The BMR Jamaica Wind project holds the distinction of being the first project funded in Jamaica by the Overseas Private Investment Company (OPIC). US$62.7 million was provided by OPIC and US$20 million from the International Finance Company (IFC).
The project is the recipient of the OPIC impact award 2016, as well as, the CREF Wind Project of the Year 2017.
Bonn, Germany, 10 Nov 2017 – Leaders from a wide range of sectors came together on Friday at Energy Day at the UN Climate Change Conference in Bonn to announce a new set of initiatives to transition to renewable energy and to show that more ambitious clean energy development can quickly become a bigger part of national climate plans submitted under the Paris Climate Change Agreement.
“With the price of renewable and storage technologies tumbling, and greater understanding on how to set the policy table for a cleaner energy mix and more integrated energy planning, the question before decision makers is, why wait?” said Rachel Kyte, Special Representative of the UN Secretary-General and CEO, Sustainable Energy for All.
Success stories, action and new commitments shared during Energy Day at the COP23 UN Climate Change Conference from businesses, states, cities and forward-thinking countries continue to show ambition to ensure the clean energy transition is not only underway but is irreversible.
“Our pledge to leave no one behind is a critical component of the Paris Agreement. The energy transition that we can see is underway and must be a transition towards energy systems around the world that secure sustainable energy for all,” said Ms Kyte.
“This means placing energy efficiency first, adopting a laser like focus on ending energy poverty and using the renewable energy revolution to achieve universal access and a bending of the emissions curve. With each year, each COP, the health and economic impacts of carbon pollution are better documented and the science of what awaits us, if we continue on our current path, mounts,” she said.
Adnan Z. Amin, International Renewable Energy Agency (IRENA) Director-General said: “Two-thirds of global greenhouse gas emissions stem from energy production and use, which puts the energy sector front and centre of global efforts to combat climate change. Our analysis shows that renewables and energy efficiency can together provide over 90 per cent of the mitigation needed in the energy system by 2050 to achieve the ambitions of the Paris Agreement, while also boosting the economy, creating jobs and improving human health and well-being.”
“We have a large, untapped, and affordable renewable energy potential waiting to be developed. Revising the Nationally Determined Contributions (NDCs) gives countries an opportunity to take a fresh look at how to harvest this potential, not only for mitigation, but in light of the multiple socio-economic benefits of renewables, also for adaptation,” said Mr Amin.
Fatih Birol, International Energy Agency (IEA) Executive Director, said: “The transition of the energy sector in the next decades will be critical to meeting shared climate and sustainable development goals. Widespread action by governments and private sector alike has helped keep global energy-related emissions flat the last three years. Our analysis shows we can meet climate goals while achieving energy access and improving the environment.”
The central goal of the Paris Agreement is to keep the average global temperature rise well below 2 degrees Celsius and as close as possible to 1.5 degrees. About one degree of that rise has already happened, underlining the urgency to progress much further and faster with the global clean energy transformation.
Energy Day is organized by The Climate Group, IEA, IRENA and Sustainable Energy for All (SEforALL) as part of a series of thematic action days held under the auspices of the Marrakech Partnership.
A federal trade panel is recommending that Trump impose tariffs as high as 35 percent on solar power technology.
These range from an immediate 30 percent tariff on all imported solar modules to a four-year quota system that allows the import of up to 8.9 gigawatts of solar cells and modules in the first year.
The ITC made a preliminary finding in September that domestic solar manufacturers had been harmed by cheap imports after a complaint brought by bankrupt Georgia-based producer Suniva Inc in April, says another Reuters article.
“The US solar industry let out a collective sigh of relief” as the ITC’s recommendations were less than half what Suniva Inc requested, says Bloomberg.
Other US solar companies had been bracing for higher duties, which they said would have disrupted the $29bn industry, stifling installations and triggering job cuts.
Trump will make a final decision on the restrictions later this year.
Hurricanes Irma and Maria are still fresh in the mind of all of us who experienced them in the British Virgin Islands and wider Caribbean. These hurricanes have affected so many people, and everyone will have their own heart-breaking, moving and inspiring story to tell. I wanted to highlight a few, and share what I’ve been up to as well.
In the wake of the hurricanes, Virgin Unite has been working with Team Rubicon to bring practical, immediate and vital help to affected communities across the BVI. Lizzy Stileman, a member of Team Rubicon, shares her views about the impact of the hurricanes, and what needs to happen now. Meanwhile, John Ratliff – a long-time friend of Virgin Unite and member of our advisory council for the Virgin Unite Community – shares his story about flying out to the BVI to help on the ground. Below I’ve also shared Sam’s moving film, Help Hope Hurricanes, sharing his view from Virgin Gorda in the aftermath of Hurricane Irma.
Meanwhile, I have been continuing to rally aid and support for the BVI as we continue the recovery process. I recently met with more than 50 representatives of Caribbean governments and utility companies at the Caribbean Renewable Energy Forum in Miami. It was hosted by BMR Energy, one of Virgin Group’s investments, and gave us all a platform to discuss plans to expand the use of renewable energy in the region.
We highlighted the importance of renewable energy – solar, wind, geothermal and others – to reduce costs, reduce the harm being done to the environment and increase the resilience of their electric systems to withstand future hurricanes. In the aftermath of Irma and Maria, this message resonated more than ever.
It was inspiring to see so many decision makers and stakeholders gathered together, committed to tackling climate action now, and putting clean energy as the centerpiece of rebuilding efforts in the Caribbean. There has never been a more important time to push for this type of infrastructure.
Before returning to the BVI, I also travelled to Puerto Rico to meet with governor Ricardo Rosselló. I wanted to meet in person to share my heartfelt thanks for the incredible support Puerto Rico gave to the BVI during Hurricane Irma. We also discussed plans to power Puerto Rico with more clean energy, and the Rocky Mountain Institute plans to complete a study on the most effective ways to do this. It was a really positive visit, testament to the amazing people in Puerto Rico, in such a testing time.
To help further support the affected communities please donate to the BVI Community Support Appeal and help us build a better, cleaner, stronger and more sustainable Caribbean region.
During remarks delivered to a climate change conference at Yale University, Academy-Award-winning actor and activist Leonardo DiCaprio announced his foundation’s largest-ever portfolio of environmental grants, which includes $120,000 for U.S.-based solar nonprofit RE-volv.
At the Tuesday event, hosted by former Secretary of State John Kerry’s Kerry Initiative, DiCaprio announced that the Leonardo DiCaprio Foundation (LDF) awarded $20 million in new grants to more than 100 organizations. According to an LDF press release, the grants have been awarded to help wildlife and habitat conservation, to aid in the defense of indigenous rights, and to support innovative grass-roots efforts aimed at combating climate change and solving complex environmental issues.
During his address at the conference, DiCaprio – LDF founder and chairman and a U.N. Messenger of Peace for Climate Change – said, “We are proud to support the work of over 100 organizations at home and abroad. These grantees are active on the ground, protecting our oceans, forests and endangered species for future generations – and tackling the urgent, existential challenges of climate change.”
DiCaprio went on to push for urgent action to drive a large-scale, global shift from a reliance on fossil fuels to a world powered by renewable energy, saying, “There exist today many proven technologies in renewable energy, clean transportation, and sustainable agriculture, that we can begin to build a brighter future for all of us.”
As part of its major new round of grants, LDF will provide a $120,000 award to the solar nonprofit RE-volv in an effort to expand access to affordable solar energy for nonprofit organizations around the U.S. In a separate press release, RE-volv says the partnership will provide match funding for RE-volv’s unique crowdfunding platform, allowing donors the opportunity to double their contributions with the support of DiCaprio’s foundation.
This is the largest grant to date for RE-volv, a two-time awardee of the U.S. Department of Energy’s SunShot Initiative. RE-volv supports solar energy projects for nonprofits that lack access to financing options. According to the group, an estimated 1.5 million nonprofits in the U.S. face financial barriers to obtaining solar power, as they do not qualify for solar tax credits or are too small to attract traditional investors. RE-volv works to help bridge this funding gap for organizations that provide valuable public services to vulnerable communities, including homeless shelters, schools, community centers, and houses of worship.
“RE-volv is working to make sure that the benefits of solar can reach everyone, including nonprofit organizations and the people they serve,” says Andreas Karelas, executive director of RE-volv. “Thanks to this generous grant from the Leonardo DiCaprio Foundation, RE-volv will be able to scale its impact and bring solar to even more nonprofits around the country.”
As the group explains, RE-volv’s crowdfunding platform employs a revolving fund. Donors select a specific nonprofit to support, and as the project pays back dividends through a solar lease agreement, the user can then reinvest in new solar projects through the RE-volv platform. RE-volv says this pay-it-forward model helps to accelerate solar energy deployment in local communities while keeping donors engaged in solar projects.
“The Leonardo DiCaprio Foundation is excited to support RE-volv,” says Gregory Lopez, LDF’s Climate Program Director. “Not only is their work important in deploying solar energy and reducing greenhouse gasses, [but also] their unique model provides an introduction of accessible, renewable energy to new communities.”
To date, RE-volv says it has raised over $300,000 from over 1,000 people in 22 countries. It has crowdfunded 10 solar projects (150 kW of capacity) in four states, include Harbor House in Oakland, which serves refugee, immigrant, and low-income families with after-school programs and ESL classes; and Morris Chapel Baptist Church, the oldest African American Church in Philadelphia. Thanks to the solar projects, grantees are expected to save between 15% and 40% on their electric bills. In total, these 10 nonprofits will save more than $1.5 million over the life of their solar energy systems. RE-volv says its solar revolving fund, the Solar Seed Fund, is now worth $650,000 in future lease payments from these 10 projects – payments which will be used to finance at least 20 more solar energy projects.
In addition to financing projects, RE-volv trains college students and community volunteers to become Solar Ambassadors, who in turn lead the on-the-ground efforts to deploy solar. RE-volv claims it has also educated 10,000 people about solar energy through training, outreach, and more than 100 events.
Among many other LDF-highlighted grantees are the Solutions Project, whose Fighter Fund and Leadership Fund provide direct grants to community organizations across the U.S. that are fighting for 100% renewable energy, and SunFunder, whose Beyond the Grid Solar Fund vehicle provides affordable access to solar in developing countries in Africa and South Asia. More information on LDF’s $20 million round of new grants is available here.