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Solar, wind to lead US power generation growth for the next 2 years

Baua Electric

The US Energy Information Administration (EIA) forecasts that solar and wind will lead US power generation growth for the next two years in its latest Short-Term Energy Outlook. Renewable sources – wind, solar, hydro, biomass, and geothermal – accounted for 22% of generation, or 874 billion kWh, last year. Get started here. –ad*

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This utility in the US Midwest is going to add 3.6 GW of wind and solar

Baua Electric

Photo: Xcel Energy Xcel Energy just announced its big solar and wind plans in the US Midwest – here’s the lowdown. gigawatts (GW) of new wind and solar into the mix in the Midwest. However, the utility says it’s still on track to close all its coal plants by 2030. It didn’t say when or where the renewables would come online.

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5 Great Reasons Why Solar Installers Are Choosing To Add EV Charging

EV Connect

Naturally, it’s perfect to consider how pairing renewable energy like solar with EV charging can have a huge impact on the future of widespread adoption of both technologies. What Is Solar EV Charging? EV charging with solar technology uses panels to convert energy from the sun into power that an EV can utilize.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

The vehicles use electricity produced from nuclear power, coal, natural gas or solar energy. You can now purchase an electric vehicle at a fair price due to the existing tax credits. The federal tax credit exempts allows you to deduct up to $7,500 from the vehicle’s initial cost. High Torque.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. More than 50% of the funds raised from the carbon price will be used to fund tax cuts, pension increases and higher family payments. —Prime Minister Gillard.

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

Green Car Congress

billion went to traditional sources—such as coal and oil—and $2.3 billion went to carbon capture and storage, which is designed to reduce greenhouse gas emissions from coal-fired power plants. The vast majority of subsidy dollars to fossil fuels can be attributed to just a handful of tax breaks, such as the Foreign Tax Credit ($15.3

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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

Green Car Congress

The report does not include tax credits and loan guarantees in the estimates of capital and LCOE, with the exception of accelerated depreciation under the US Internal Revenue Service Modified Accelerated Capital Recovery System (MACRS). emissions capture and storage, new emissions controls regulations, and increasing capital costs.

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