Microsoft helps create volume firming agreement for PPAs

Sunday, October 21, 2018

Microsoft helps create volume firming agreement for PPAs

Offshore wind advancing in Mass., R.I., Calif., Zinke says | Microsoft helps create volume firming agreement for PPAs | ACORE: Renewables, not fossil fuels, are the path to grid resiliency

Created for aquarianm@gmail.com | Web Version

October 19, 2018

News for wind power professionals and advocates

Industry Update

Offshore wind advancing in Mass., R.I., Calif., Zinke says

Interior Secretary Ryan Zinke shared three advances in US offshore wind during the American Wind Energy Association's Offshore WINDPOWER Conference 2018. The Interior Department will launch an offshore wind leasing round in Massachusetts on Dec. 13, is reviewing a project slated for Rhode Island and is exploring the feasibility of offshore wind in California, Zinke says.

North American Windpower online (10/18)

Microsoft helps create volume firming agreement for PPAs

Microsoft has worked with insurance and risk teams to develop a new type of contract that could potentially work with renewable energy power purchase agreements to minimize operational and pricing risks. The provision is called a volume firming agreement.

GreenBiz (10/16), Into the Wind blog (10/18)

ACORE: Renewables, not fossil fuels, are the path to grid resiliency

Wind and solar in the Carolinas and other US states have a proven track record of maintaining grid stability during hurricanes and other natural disasters, while nuclear and coal-burning power plants have a greater likelihood for shutting down, according to the American Council on Renewable Energy. "Time and time again, renewable energy generators have demonstrated an incredible ability to withstand storms and bounce back quickly after extreme weather events," says ACORE spokesperson Gil Jenkins.

ThinkProgress (10/18)

Opinion: Wind, solar effectively combat climate change

Wind and solar are two homegrown, increasingly low-cost energy sources that can directly help the US meet its climate goals by reducing carbon emissions, writes John Kostyack, executive director of the Wind Solar Alliance. "Shifting to a renewable energy-friendly policy framework can deliver the low-cost, carbon-free electricity needed to power our economy, while also creating hundreds of thousands of new jobs," he writes.

The Hill (10/18)

Project Focus

N.J. needs small offshore wind farms too, says EDF exec

Offshore wind farms have unique benefits depending on their size, with large projects often offering lower prices while small projects are useful for supply chain development and workforce training, said EDF Renewables North America Regional Development Manager Doug Copeland. The company is seeking approval for a 25-megawatt offshore wind farm in Atlantic City, N.J.

The Press of Atlantic City (N.J.) (tiered subscription model) (10/18)

Buyers arranged for 100% of Ill. wind farm's output

EDP Renewables has arranged power purchase agreements for 100% of the output from the 200-megawatt Harvest Ridge Wind Farm underway in Douglas County, Ill. Walmart will source 50 MW from the project, with the remainder going to the Wabash Valley Power Association and an undisclosed buyer.

The News-Gazette (Champaign-Urbana, Ill.) (10/18)

Ball Corp. to add 3 Goldwind turbines at Ohio site

Beverage packaging company Ball Corp. will add three Goldwind machines at its factory in Findlay, Ohio. One Energy will complete the installation process.

ReNews (UK) (10/18)

Economy, Energy & Trends

Report: RE100 PPAs grew from 1% to 20% from 2015 to 2016

RE100 member companies sourced 20% of their electricity needs from renewable energy power purchase agreements in 2016, up from 1% in 2015 -- a figure that underscores the rapid growth of nonutility PPAs, says consultancy ScottMadden. The report says PPAs are attractive for companies because they offer pricing stability and encourage sustainability through renewables.

Commercial Property Executive (10/18)

WSA: Companies must encourage transmission growth

Companies must join in the transmission infrastructure planning process if they want to continue to source more electricity from renewables like wind and solar, according to the Wind Solar Alliance. "To meet their sustainability targets for the next decade, and to make low-cost renewable power accessible for themselves and other customers, they need to join efforts to jump-start a new era of transmission planning," Executive Director John Kostyack says.

CleanTechnica (10/18)

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The AWEA's annual expo:
Global WINDPOWER 2004
McCormick Place
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March 28-31, 2004

I was there...
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Why I Publish This Blog:

"One thing that many people do not realize is that states like Wisconsin, Illinois, Indiana,
and Michigan are sitting on a gold mine of wind energy potential. Or, more properly, next to the mine.
The Great Lakes are probably the area in the USA with the third largest inland wind energy potential.
Think of just the nickname for Chicago. "The Windy City". Milwaukee is even windier, I can tell you.
Why? Because they sit on the edge of a great flat area where there is both a land-water temperature
differential, and a large flat expanse of water that is comparably shallow.
Oilrigs certainly operate in deeper waters. And you won't have to construct transmission lines all the
way from the plains of Montana to put it to use.

The Great Lakes area has an opportunity to get the jump on wind energy's future, if that fact is
recognized and exploited. Wind energy means jobs for construction and maintenance workers, thousands
of them. Wind energy means leasing rights and extra money for family farmers struggling to make it on
agriculture alone. In most cases farmers can grow crops right up to the base of a windmill. The land
footprint has a small impact on total farm acreage. Wind energy also means freedom from fluctuating
fuel prices. Wind is free. The cost of a barrel of polluting oil can be raised or lowered drastically
based on fears or political whims. The potential gains are enormous. We've all seen the flow of good
manufacturing jobs out of the area. Well, they can't tell the wind to blow in another country so it's
more "convenient" or cheaper to produce. The wind is perfectly happy to whip up opportunities for us
right around here. Most of all, because we here in the Great Lakes region have the potential to have
a huge positive impact on U.S. energy industry emissions' contribution to global warming."