Abundant solar threatens fossil fuel companies in Texas to the tune of $1.4 billion

January 19, 2018 by  
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In Texas, demand for power peaks in the summer, which also happens to be when solar power is at its most productive. With the state slated to add up to 15 gigawatts of solar in the next few years, it spells big trouble for companies peddling fossil fuels – a $1.4 billion problem. Hear that tapping sound? It’s another nail being hammered in the coffin for fossil fuels . The state’s solar boom could wipe out $2.76 per megawatt hour (wholesale) during the summer from fossil fuels, according to Bloomberg . Since gas and coal power generators rely on high summer prices to counteract the winter dip in demand, solar’s proliferation is a double-whammy threat to the industry. Related: Tesla’s new Solar Roof is actually cheaper than a normal roof Texas isn’t the only state to face this “problem.” California’s fossil fuel prices regularly dip into the negative during summer hours. The good news for fossil fuels is that this shift won’t happen right away. Texas will likely only have 1.8 gigawatts of solar power within the next two years. Via Bloomberg Images via Deposit Photos ( 1 , 2 )

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Abundant solar threatens fossil fuel companies in Texas to the tune of $1.4 billion

Global Off-Grid Party to Promote Solar for Poor Communities

October 3, 2011 by  
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Image credit: Finding Infinity Tumbling solar prices are creating a clean energy boom all over the world. But it’s in poorer communities, often under served by traditional energy infrastructure, that solar can really make a difference. With solar now cheaper than kerosene in many rural communities, and pay-as-you-go solar removing upfront… Read the full story on TreeHugger

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Global Off-Grid Party to Promote Solar for Poor Communities

"Hipster" Farmers Are Doing Nothing New (Video)

October 3, 2011 by  
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Image credit: The Perennial Plate We’ve posted before about the work of Greg Willerer of Brother Nature Farm in a rundown part of Detroit, and we know that urban farming is not just a nice idea— growing food in our cities is playing a crucial role in feeding the hungry and ensuring community resilience in the face of a crappy economy. Now we get to visit Brother Nature Farm once again,… Read the full story on TreeHugger

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"Hipster" Farmers Are Doing Nothing New (Video)

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