Cap and Trade: California's Controversial Plan to Reduce Greenhouse Gas Emissions

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California's cap-and-trade plan proposes to put a cap in greenhouse gas (GHG) emissions for some industries and create a market to trade the right to create pollution.

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SolarReserve

SolarReserve is a leading global developer of utility-scale solar power projects, which include electricity generation by solar thermal energy and photovoltaic panels. In addition, SolarReserve has commercialized a proprietary advanced solar thermal technology with integrated energy storage that solves the intermittency issues experienced with other renewable energy sources.

OTHER ARTICLES

Unlocking the benefits of digital solar to accelerate the energy transition

Article | February 14, 2020

Since a successful energy transition must be renewable, efficient and smart, the digital transition and the energy transition should go hand-in-hand. Solar is the most distributed of all energy resources and thus solar solutions are a perfect match for digitalisation and the application of distributed ledger technologies such as blockchain. This is good news for Europe’s energy transition. Digitalisation and increasing electrification of the energy system enables to break the boundaries between key sectors such as industry, transport and buildings. This sectoral integration unlocks new sources of clean flexibility, and supports the increasing penetration of solar and renewables into the system.

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How to plan for a safer and smarter energy storage market?

Article | February 14, 2020

According to DNV GL’s 2019 Energy Transition Outlook, the combination of storage for the grid and storage available in vehicle-to-grid systems will exceed 40 TWh in 2050 worldwide. Storage and in particular battery solutions will help propel the transition to a decarbonized, electrified energy future. The energy storage market presents a tremendous opportunity for project developers and lenders worldwide. The drivers are clear and global: the rapid electrification of the transport, buildings and manufacturing sectors, the need for smooth integration of variable renewables, whether for a wind farm or industrial solar systems, and financial flexibility for both providers and customers.

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This electricity sector strategy could save wallets and ecosystems

Article | February 14, 2020

Electricity is a unique kind of commodity— although it is not perishable, it is (still) hard to store on a large scale. Electricity must be generated relatively close to where it is demanded and at the time it is demanded. Therefore, operators must constantly keep an eye on the use of electricity. When demand is high, operators will signal the generators to increase their output; if less, generators get the instruction to generate less electricity. Roughly, this is how the grid works. The devil is in the details: the flexibility of power plants is unique to its type. Nuclear and coal power plants take the longest to start up and shut down, followed by oil/diesel power plants.

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8 Reasons Why Right Now Is A Great Time To Go Solar

Article | February 14, 2020

The impacts of the coronavirus COVID-19 are being increasingly felt throughout the country, but the usual bills – including electricity bills – keep rolling in. There’s a lot that really sucks financially-speaking at the moment, but there are some bright spots. Here’s why now is a particularly good time to be considering going solar. But there’s a sure-fire way to get a great return on your cash and that is acquiring a good quality, professionally installed solar power system. Try our new solar calculator – the estimated payback and returns might make your eyes pop. For example, the following are estimated simple payback periods and savings over ten years for a 6.6kW solar system costing $6,600 installed in the various capitals; using the calculator’s default settings:

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Spotlight

SolarReserve

SolarReserve is a leading global developer of utility-scale solar power projects, which include electricity generation by solar thermal energy and photovoltaic panels. In addition, SolarReserve has commercialized a proprietary advanced solar thermal technology with integrated energy storage that solves the intermittency issues experienced with other renewable energy sources.

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