The CPP amplifies the value of Congress» holiday gift to the renewables industry with
combined capacity additions topping out at 30 GWs per year in 2021.
The renewables industry now has a bridge to the CPP: Before the tax extenders utility - scale wind and solar faced a bleak future with
combined capacity additions dropping below 5 gigawatts (GW) per year until the CPP kicks into gear in 2022.
Not exact matches
Under all five variations, plans call for the increase in solar as well as the
addition of at least eight natural gas - fired facilities with a
combined capacity of between 3,500 - 5,000 megawatts, Koonce said.
(j) For a given soybean crop year ending August 31 and a given Soybean Meal futures delivery territory except the Central Territory, when the weekly (as of Friday) cumulative average ratio of outstanding Soybean Meal Shipping Certificates to CBOT maximum 24 hour Soybean Meal production
capacity within that Soybean Meal futures delivery territory, relative to that ratio for the
combined remaining Soybean Meal territories, is greater than or equal to 2.0, payment for Shipping Certificates issued from that territory will be at a discount of $.50 per ton under contract price in
addition to the territorial delivery differential adjustment.
Over the next 20 years China is expected to install more renewable
capacity than the
combined green energy
additions of the US, EU and Japan put together.
[1] The Clean Energy Standard Act of 2012 defines «clean» electricity as «electricity generated at a facility placed in service after 1991 using renewable energy, qualified renewable biomass, natural gas, hydropower, nuclear power, or qualified waste - to - energy; and electricity generated at a facility placed in service after enactment that uses qualified
combined heat and power (CHP), [which] generates electricity with a carbon - intensity lower than 0.82 metric tons per megawatt - hour (the equivalent of new supercritical coal), or [electricity generated] as a result of qualified efficiency improvements or
capacity additions at existing nuclear or hydropower facilities -LSB-; or] electricity generated at a facility that captures and stores its carbon dioxide emissions.»
In
addition to the solar requirement, the new building standards will offer a credit for solar
capacity combined with on - site energy storage.
When just considering the impact of the CPP,
combined wind and solar annual
capacity additions drop by a factor of 4 from 2015 levels bottoming out at 4 GWs and don't begin to recover until 2022.
The current rate of
addition of
capacity for solar and wind
combined amounts to additional generation 25.7 TW / h per year.