Columbia University: Natural Gas Primary Cause of Coal’s Fall

| May 26, 2017

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The study, “Can Coal Make a Comeback?” concluded natural gas was responsible for 49 percent of the decline in domestic coal consumption due to much lower prices in the wake of the shale revolution. Lower-than-expected electricity demand stemming from the Great Recession caused 26 percent of the decline, while the growth of renewable energy – including solar costs falling 85 percent since 2008 and wind costs falling 36 percent – caused 18 percent.

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Vanguard Energy Partners LLC

Vanguard Energy Partners, a national solar developer & construction firm, has designed and installed over 102 MW of solar projects since 2003. These projects include the highest solar array in the world, one of the largest rooftop arrays in North America, and the first commercial net zero electric facility in the United States. With bonding capacity exceeding $125M, Vanguard’s project portfolio continues to grow rapidly to meet our clients’ needs.

OTHER ARTICLES

Reusable Decision Logic for Renewable Energy Sources

Article | March 10, 2020

In the second post in this series, which began by analyzing the opportunities in renewable energy, we'll see how—without code—you can use business rules as an architectural layer to help justify any solar lending project. In part one of this series, I outlined a few of the considerations for community and regional financial institutions (CRFIs) that are considering entering into solar and other renewable energy source lending markets. Next, I’m going to explore a few of the ways that lenders can help prospects to economically justify these projects with Progress Corticon, the digital decisioning software engineered to manage complex rules and calculations, integrate with a countless big data sources, and implement it all without writing a line of code.

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Recognizing and solving challenges in renewable energy land usage

Article | February 14, 2020

As anyone familiar with the saga of the Spotsylvania solar project knows, an inherent difficulty in developing renewable energy projects comes in finding the right project location, both in terms of size and siting. This is one of the topics analyzed in a new report released by The Brookings Institute: “Renewables, land use, and local opposition in the United States.” It’s a hard fact that renewable generation uses more land than fossil fuel systems, with solar having slightly lower median land use than both on- and offshore-wind, despite a large variance in total land density values. While this presents an issue for renewable developers, the silver lining is that renewable energy can be sustained indefinitely on the same land base, while mines and wells will eventually run out. As a solution, the study recommends greater development on brownfields, as well as floating PV, though the authors do recognize the capped potential of floating PV at around 10% of current U.S. electricity generation.

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3 Ways Energy Storage is Fueling the Renewables Revolution

Article | March 9, 2020

Across our country, there is an increased focus on renewable energy sources to combat the extreme impacts of climate change, and address the problems caused by a growing demand for power from an aging grid. While significant progress has been made through federal and state incentive programs that have helped drive down the costs of deployment, there is still so much to be done to chart a path toward a clean energy future. Accelerating development of solar and wind projects is a key to achieving renewables goals, but this is not enough. Storage solutions must be integrated to ensure renewable projects can deliver power when and where individuals and businesses need it, and minimize, or even eliminate, reliance on fossil fuels.

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How Project Modeling Can Energize the Community Solar Market

Article | March 9, 2020

Community solar programs have the potential to greatly expand the market for solar energy and make the benefits of solar more accessible. However, growth of this sector is currently inhibited by uncertainty in project delivery costs. We sat down with Dr. Joseph Goodman of the Rocky Mountain Institute to understand this challenge—and how detailed design modeling capabilities can help overcome this barrier.

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Spotlight

Vanguard Energy Partners LLC

Vanguard Energy Partners, a national solar developer & construction firm, has designed and installed over 102 MW of solar projects since 2003. These projects include the highest solar array in the world, one of the largest rooftop arrays in North America, and the first commercial net zero electric facility in the United States. With bonding capacity exceeding $125M, Vanguard’s project portfolio continues to grow rapidly to meet our clients’ needs.

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