Nov 11, 2011
- Brian Eckhouse
The expansion of distributed solar generation is contributing to decreased demand from major users for traditional wholesale power providers, said Glen Grabelsky, Fitch Ratings managing director, at the Edison Electric Institute Financial Conference in Orlando, Fla.
States with renewable portfolio standards will likely further encourage the burgeoning distributed photovoltaic market, which is popular with consumers and large commercial users. Walmart, for instance, has an extensive program in California to dot its stores' rooftops with PV panels. Solar DG units typically are installed on rooftops and pose little environmental risk.Thin-film utility-scale rooftop units cost roughly $0.19 per kWh, Grabelsky noted. Fitch estimates that figure to drop to $0.13 by 2016, with improving energy efficiencies. It will have to hit $0.08 per kWh to achieve grid parity against cheaper generation resources, however. Parity can be achieved between 2017 and 2020.
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Apr 11, 2019 - Power Finance & Risk
Gusts of up to 46 mph in Las Vegas this week did not dampen the spirits of attendees of the S&P Global Platts 34th Annual Global Power Conference, but did put paid to plans for open air cigar parties. PFR editor Richard Metcalf and reporter Taryana Odayar were on hand to chronicle the action, inside and outside the conference hall.
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