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10.03.26 - 01:06
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Solar And Storage Could Reshape Rural Electricity Markets (ZeroHedge)
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Solar And Storage Could Reshape Rural Electricity Markets
Authored by Leonard Hyman & William Tilles via OilPrice.com,
Rural electric cooperatives may face disruption from cheaper on-site renewables.
Co-ops serve about 12% of the U.S. population but operate over 40% of the nation's power lines.
Financial pressure could grow across the system, as co-ops remain tied to long-term fossil power contracts with generation providers while renewable alternatives become cheaper for rural customers.
Rural electric cooperatives may be next in line for meaningful disruption from lower-cost, renewable power generation technologies such as wind and solar. The co-operative movement, a creation of FDR's New Deal, has survived the past ninety six years with a simple mandate: provide low-cost, reliable electricity in under-served rural areas.
From a business perspective rural electrification always seemed like a terrible idea. The electric utility has to spend prodigiously on poles and wires for...
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08.03.26 - 04:27
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China Sidesteps Solar Targets In New Five-Year Plan (ZeroHedge)
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China Sidesteps Solar Targets In New Five-Year Plan
China's latest five-year plan avoids setting ambitious solar targets, signaling rising challenges for the sector after years of explosive growth, according to Bloomberg.
Released during the annual National People's Congress, the plan does not include a goal for solar installations by 2030. That omission contrasts with clearer commitments elsewhere in the energy mix, including plans to double offshore wind capacity and expand nuclear and pumped-hydro power. Solar receives relatively little attention overall, while policymakers instead emphasize broader transition initiatives such as zero-carbon industrial parks.
The shift follows a record surge in solar development. China's solar power generation surpassed wind for the first time last year, driven by a flood of inexpensive panels that helped make solar one of the country's most competitive energy sources.
Yet the rapid expansion is beginning to strain the power system. As solar's share of...
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