Free market round up, November 29, 2017
November 30, 2017 by Denis Pombriant
Local farms receive energy grants
Statewide 38 farms share $908,259 in state renewable energy and energy efficiency grants mostly for solar energy projects. In all the projects will save $200,000 per year and reduce greenhouse gas emissions by over 660 tons annually.
Aera, GlassPoint Plan 876.5-MW Thermal and Photovoltaic Solar Facility
The project Belridge Solar, will generate solar thermal energy to make 12 million barrels of steam per year along with 26.5 MWe photovoltaic facility. The steam will be used in a secondary extraction technique for recovering heavy oil. Using solar to make steam means not using natural gas for the purpose and saves money and pollution.
Analysis: How developing nations are driving record growth in solar power
Led by China and India, these developing economies are behind dramatic recent growth in solar capacity, which expanded by 33% in 2016.
China alone installed 27 gigawatts (GW), around 40% of the world’s new solar last year. Brazil, Chile, Jordan, Mexico and Pakistan all at least doubled their solar capacity in 2016.
In total, solar accounted for 19% of all new generating capacity in the emerging markets tracked by BNEF.”
Why driving an electric car in LA could be cheaper than gas
“Southern California drivers can save as much as $884 a year in fuel costs by switching to electric cars and being careful to charge them only at night, according to a new report by the Union of Concerned Scientists.”
New Triangle charging stations add juice to electric car boom
“RALEIGH, N.C. — For electric car drivers, filling up isn’t as easy as stopping at a gas station, but a growing network of electric car charging stations in North Carolina is expanding the driving range for those battery powered cars.
Car company Tesla recently installed a bank of their Superchargers behind the Target at North Hills. Kristi Brodd, with nonprofit Plug-in NC, said additional chargers help drivers plan where they can get more juice.”