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Solar power could be leading source of electricity by 2050

Solar power could be leading source of electricity by 2050

Solar power could overtake all other sources of electricity by 2050, according t...

U.N. chief welcomes announcements made in Climate Summit

U.N. chief welcomes announcements made in Climate Summit

United Nations Secretary-General Ban Ki-moon welcomed bold new actions to addres...

Climate Summit sees intiatives and commitments

Climate Summit sees intiatives and commitments

Various bodies and entities on the Climate Summit in New York have announced the...

Climate Rally reaches 310,000 participants

Climate Rally reaches 310,000 participants

The number of people who joined the People’s Climate March this September 21 rea...

China takes big step in reducing ozone depleting gases

China takes big step in reducing ozone depleting gases

China has taken a big step towards reducing its hydrochlorfluorocarbons by closi...

Ozone layer on road to recovery – U.N.E.P., W.M.O.

Ozone layer on road to recovery – U.N.E.P., W.M.O.

The ozone layer is on the road to recovery, but unified action is still needed t...

Green vacation: Go on an eco-friendly safari

Green vacation: Go on an eco-friendly safari

The primary goal of modern-day eco-friendly African safaris is to lessen the ove...

Business

Technology

New oxygen-removing catalyst developed for better biofuel production

New oxygen-removing catalyst developed for better biofuel production

Thursday, 23 October 2014

Researchers from Washington State University have developed a new catalyst that can remove oxygen from plant-based materials for a more efficient biof...

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Politics

Chile sets carbon tax on its vehicles

Chile sets carbon tax on its vehicles

Thursday, 30 October 2014

Chile has set a carbon tax on its vehicles, promoting vehicle and energy efficiency. Under the tax reform, which is the largest in the last three deca...

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Living Green

How can households produce their own energy

How can households produce their own energy

Thursday, 30 October 2014

Green living, renewable resources, energy saving and producing your own energy are all topics that have gained big importance in our everyday life. It...

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Renewables

Low-Carbon

What needs to be injected In the core DNA of urbanity

What needs to be injected In the core DNA of urbanity

Thursday, 23 October 2014

Urbanization has taken an unprecedented upward turn in recent years. In 2007, half of the world’s population – around 3.6 billion people – lived in ur...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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Cheaper solar prices to drive U.S. solar boom in next five years

In the next five years solar energy will be cheaper than power from the grid in most of the United States, with solar panel and installation costs moving down while transportation costs of electricity move up, experts predict.

Eric Graber-Lopez of BlueWave Capital and former Carbon War Room chief executive Jigar Shah, both set to be speakers at “The Solar Future Eastern USA '12” conference, shared some early insights on the issue.

"The awakening of the U.S. solar market will be driven by grid parity within each region. Federal incentives provide a good foundation for the expansion of the solar industry but state-level incentives are still needed to truly make solar energy competitive in each regional market," says Mr. Graber-Lopez, renewable energy advisor of BlueWave Capital.

Mr. Graber-Lopez sees good opportunities for solar power development in the Eastern U.S. with the primary markets being New Jersey, Massachusetts, Pennsylvania, Maryland, Delaware and Ohio, with New York playing a larger role in the next few years.

Mr. Shah, former chief of Sir Richard Branson’s Carbon War Room, sees grid parity as a natural development.

"Americans refuse to overpay for solar PV. Once the costs of solar PV are cheaper than the retail power prices – as they are for over 20 percent of Americans now – the local solar companies will significantly ramp up marketing campaigns," he explains.

According to Joseph Berwind, founder of Alternative Energy Investing Research & Consulting, grid prices in the U.S. are cheap because of the enormous natural gas supplies in the North East and the new ways of drilling with fracking techniques. However, when distribution prices keep going up, new opportunities occur.

The U.S. is the fourth largest solar market in the world, behind Germany, Italy and China. Last year, the Chinese market rose from 7th to 3rd and grew from 500 megawatts to 2.5 gigawatts. The U.S. market grew from 900 MW to 2 GW last year. – EcoSeed Staff



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