5 Things that Happened in 2015 in Green Power While You Weren’t Paying Attention
Green Power, or alternative energy, has been around since the beginning of time.
However, those which have harnessed the power of natural elements have generally been those which are not corporate minded.
Yet, as more and more people are turning to cost –effective energy and power options, developments are constantly on a global scale concerning Alternative Energy.
Here are 5 developments in Alternative Energy which have occurred since the beginning of 2015.
1) President Obama Announces Clean Power Plan
On August 3, 2015 President Obama announced that he is implementing a nationwide limit on Carbon Dioxide Emissions from power plants.
According to the report released by the White House, the bill will shut down hundreds of coal-fired power plants.
The power which these plants provided will be subsidized with wind and solar power.
President Obama has also stated that “next-generation nuclear plants” may be an option as well.
The report from the White House states that the bill will force a decline in carbon dioxide emissions by 32% by the year 2030. Of course the baseline is not starting this year but will be back dated to 2005 (you get better results that way).
Each state will be responsible for meeting carbon pollution targets. Those states which do not meet the desired targets will be subject to government involvement.
2) REM 2015
REM (Renewable energy markets) will be hosting its 2015 summit in Washington DC October 18-20th.
The Summit has been around since 1996 and has focused on developing clean energy among the top industries.
The summit is the only conference of its kind currently.
Because the summit is internationally based, many of the ideas concerning Alternative Energy and green power legislation are birthed at REM.
The conference boasts that “80% of the top Green Power Purchasers in the US have attended REM”
The REM summit is not just limited to businesses (though that is the primary target) individuals which want to learn more about green energy and alternative power options can attend the two day summit.
Those which are serious about living off grid would do well to see what developments and technologies are being implemented in the coming year.
Technology usually starts at the corporate level and trickles down to the common market.
You can bet that if there is a new method of renewable energy presented at the summit that it will soon be marketed to the public.
3) EDF Closes sale on Catalina Solar Project
The EDF Renewable Energy Company closed the sale of the Catalina Solar 2 Project.
The solar plant is located in Kern County, CA.
Through this sale Southern California will be provided with an alternative, renewable energy (under the Southern California Edison) under a 20 year PPA.
Those which are concerned with off the grid living will be pleased to know that EDF is the U.S’s leading independent renewable energy provider.
EDF also has renewable energy plants in Canada and Mexico.
4) India continues to develop more renewable energy facilities as the population rises
India is the third largest energy consumer in the world due to its population of over a billion people.
Where the country relies primarily on coal (a biomass form of energy), the demand cannot meet with the supply.
As such the government is adding 15 gigawatts of capacity to its current plants with a expectancy of a total of 60 gigawatts being added by 2022.
Government involvement is still not enough to meet the energy needs and so many of the industries within India have contracted private companies to build solar and other renewable energy facilities within the country.
Such companies include the Welspun Group and the Essel Group.
Where we can hope that these steps will be a step forward in minimizing emissions, if nothing is done to the current situation (which has a 45% coal market and the third largest contributor globally of CO2), the renewable energy may not have much of an effect on the country.
5) Australian Labor party votes for a 50% renewable energy plan
On July 25th, 2015 the ALS (Australian Labor Party) passed a motion to take a 50% renewable energy target to be met by the year 2030.
The trading scheme will go to the 2016 elections in an effort to gain legal support on the commitment.
Should the commitment get the support of the government, the bill would be around $60 billion to implement.
They would need to build 10,000 additional wind turbines and 80,000 additional gigawatt hours. However, this number is not definitive, as the ACIL has stated.
Current reductions in turbine costs, an increase in individual renewable energy living, reduction of the demand for electricity in the traditional sense, and other factors may drive the projected $60 bill down.
As you can see, there are some very big things to happen in Alternative Energy since 2015.
Survivalist and off the grid living technologies are likely to see a shift as America, Australia, Europe, and Asia commit to lowering their CO2 emissions.
It is quite likely that countries will try to compete to have the “greener” country (think of the race to the moon just with alternative energy).
This means that the prices of solar panels are likely to drop in order to gain “residential” investors, major corporations are likely to see incentives for wind turbines (especially tax credit credits) and housing developments will implement renewable energy as a major selling point for new developments.
The downside is that as these developments occur, smaller consumer green products are probably going to see a spike in prices.
As the “green” becomes the new norm, you can bet that retailer will jump on the wagon and try to milk the profits as best as they can. It is advised that you start getting your alternative energy supplies now (before the 2016 election) to avoid higher costs later.