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California renewable energy gets major boost in new law (effectively pushing economy over cliff)
La Times ^ | 4/12/11 | Tiffany Hsu

Posted on 04/12/2011 3:17:44 PM PDT by NormsRevenge

Gov. Jerry Brown signed into law Tuesday a mandate that 33% of electricity in California must come from renewable sources by 2020.

Executives at solar, wind and other clean energy companies said the new regulations could help California reclaim its green leadership position after losing ground to states such as Texas and Iowa.

"This is tremendous," said Mike Hall, chief executive of Borrego Solar. "A legislative solution provides a lot more clarity and firepower for regulators and proponents."

Brown, along with U.S. Secretary of Energy Steven Chu, signed the bill while helping dedicate a new solar panel manufacturing plant in Milpitas. The facility will produce 75 megawatts a year of panels from SunPower Corp. and is expected to create 100 jobs.

The new law, known as a renewable portfolio standard, is the most aggressive of any state. Several attempts to introduce a federal version have stalled in a divided and preoccupied Congress.

California had previously required investor-owned utilities such as Southern California Edison, Pacific Gas & Electric and San Diego Gas & Electric to generate 20% of their electricity from clean sources by 2010, with a three-year grace period.

...

Energy activists hope the mandate will lead to even more ambitious requirements. "California can power itself entirely on clean energy resources," said Bernadette Del Chiaro, clean energy advocate with Environment California. "Mandating that the state generate a third of its electricity from renewable energy is a big down payment toward that ultimate goal." ..

...

The new mandate also requires utilities to draw some of their power from small local projects based near customers - known as distributed generation. Often situated on rooftops and parking lots, such installations don't require the long transmission lines necessary for sprawling wind and solar plants in the deserts and mountains.

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government; Politics/Elections; US: California
KEYWORDS: boost; california; energy; renewable
distributed generation from local sources .. ma&pa power

welcome to a brave controlled world

1 posted on 04/12/2011 3:17:47 PM PDT by NormsRevenge
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To: NormsRevenge

Oh, how I wish my state were in a “green leadership position” /sarc


2 posted on 04/12/2011 3:21:43 PM PDT by steve86 (Acerbic by nature, not nurture (Could be worst in 40 years))
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Invest in solar? well, it’ll be around for a few billion years more if we’re lucky.. fossil fuels are yucky, yaknow.

First Solar & Renewables Industry Plead to Save DoE Loan Program

http://www.bloggingstocks.com/2011/04/10/first-solar-and-renewables-industry-plead-to-save-doe-loan-program/

First SolarFirst Solar has joined forces with 33 other clean power companies including rivals like SunPower and Nanosolar to appeal against the Republican proposal to axe the funding for the Department of Energy’s loan-guarantee program. The proposal was included in a budget bill passed in early February and was a shock to many in the renewables community as it could potentially derail the high growth in solar and wind energy adoption.

First Solar is engaged in the manufacturing and sale of solar modules with an advanced thin film semiconductor technology and competes with other international solar industry players like Suntech Power and Yingli Green Energy. We have a price estimate of $155 for First Solar’s stock, which is just slightly above the stock’s current market price.


3 posted on 04/12/2011 3:22:27 PM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: NormsRevenge
For a group of people who despise "Pipe Lines", they sure do have a huge pipe line of energy pipe dreams coming right outta their collective @$$es.
4 posted on 04/12/2011 3:22:42 PM PDT by Falcon4.0
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To: NormsRevenge

One more nail to keep that lid shut!

Pray for America


5 posted on 04/12/2011 3:23:43 PM PDT by bray (The Recovery begins when Obama is unemployed!)
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To: NormsRevenge
I like to call it the "Thelma & Louise ending" plan to lower energy costs and attract job creation!


6 posted on 04/12/2011 3:23:43 PM PDT by pogo101
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To: NormsRevenge

I have heard the left proclaim that benefits of distributed power generation. The claims are nonsense. Without huge subsidies and mandates, distributed generation is an absolute bust. More green lies and political corruption.


7 posted on 04/12/2011 3:25:49 PM PDT by businessprofessor
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To: NormsRevenge

Why can’t the state just buy everybody solar roof panels? They’re probably only $40K per home. We could use wind power during the day.


8 posted on 04/12/2011 3:26:12 PM PDT by umgud
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To: NormsRevenge

Think gerbils on a treadmill. These people have lost their ever loving minds. I certainly hope when they want to buy power from any neighboring state they tell them to turn their windmills on.


9 posted on 04/12/2011 3:28:18 PM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: NormsRevenge

Wasn’t there a story recently about one of these solar panel factories launched with such fanfare going bust because they couldn’t compete?


10 posted on 04/12/2011 3:32:00 PM PDT by NonValueAdded (President Obama’s approval ratings are so low now, Kenyans are accusing him of being born in the US)
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To: NormsRevenge

Why not use methane gas generated by Mexicans?


11 posted on 04/12/2011 3:32:11 PM PDT by forgotten man (forgotten man)
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To: NonValueAdded
Ah, yes! Evergreen Solar flees the Bay State:
http://www.freerepublic.com/tag/evergreensolar/index
12 posted on 04/12/2011 3:39:36 PM PDT by NonValueAdded (President Obama’s approval ratings are so low now, Kenyans are accusing him of being born in the US)
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To: steve86
"This is tremendous," said Mike Hall, chief executive of Borrego Solar. "A legislative solution provides a lot more clarity and firepower for regulators and proponents."

Translation: "Since our business model can't possibly compete with conventional power producers, we need politicians to subsidize our products to the detriment of all involved."

13 posted on 04/12/2011 3:39:39 PM PDT by USNBandit (sarcasm engaged at all times)
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Comment #14 Removed by Moderator

To: NormsRevenge

As a Californian all I can say is that Brown is a bigger azzhole than I ever could have imagined. That noise you hear in CA is not from wind farms, it is the sound of factory doors closing as businesses continue to exit CA.

The only saving grace for me is that I live in a desert area where an irrigation district was set up many years ago to supply water to farmers, and in the process ended up supplying electricity as well. So far, the state has only gone after the private stockholder owned utilities.


15 posted on 04/12/2011 3:42:04 PM PDT by CdMGuy
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To: pogo101
I like to call it the "Thelma & Louise ending" plan to lower energy costs and attract job creation!

Not even close to an exaggeration. Thelma & Louise was always meant to be programming for Hillary's Army - to go right off the cliff even when they are totally stopped. And California is stuffed to the gills with millions of these rancid soul-dead creatures. Zombies are not a joke in California - they're the norm.


16 posted on 04/12/2011 3:45:03 PM PDT by Talisker (When you find a turtle on top of a fence post, you can be damn sure it didn't get there on its own.)
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To: NormsRevenge

And you thought rolling brown/black outs were bad. California is turning into North Korea with windmills.

Not to mention most electricity bills will triple by 2012.

Have you bought a horse, yet?


17 posted on 04/12/2011 3:46:03 PM PDT by hattend (Obama got his 3am call about Egypt. The call went right to the answering machine.- Sarah Palin)
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To: rellik

You know I was just joking, right?


18 posted on 04/12/2011 4:01:28 PM PDT by umgud
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To: hattend

Good news for the dolts buying a Nissan Leaf
or Chevy Volt.


19 posted on 04/12/2011 4:13:42 PM PDT by Myrddin
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To: NonValueAdded

The president, on a two-day visit to Northern California, toured the fabrication plant Solyndra is building in Fremont with the assistance of a $535 million loan it received under the federal recovery act. The federal loan has created 3,000 construction jobs and is projected to add 1,000 more permanent jobs.

Right on schedule....

Shortly after the president’s visit, the company announced in June that weak demand in capital markets, high costs and “a prodigious cash burn,” as GreenEnergyReporter.com put it, forced withdrawal of plans for an initial public stock offering. In July, its CEO was replaced. The company found itself “struggling to justify the early hype by bringing down costs from $3 per watt to $2 per watt by 2013,”
It just gets better...just 5 months later

Despite a $535 million loan guarantee from the federal government, Solyndra, a maker of solar panels in the southeast San Francisco Bay Area city of Fremont, will close one of its manufacturing plants, lay off 40 permanent and 150 contract workers, delay expansion plans of a new plant largely financed with the government-guaranteed loan and scale back production capacity more than 50 percent.

But, truth be told, Solyndra is more of a testament to taxpayers’ hard-earned money pledged to guarantee 73 percent of the cost of building its new facility. Closure of its older plant, located nearby, is a testament to the reality that, even if massively underwritten by taxpayers, renewable energy operations aren’t certain to find a profitable niche in the open market.

• “Windmills don’t run on wind, they run on government subsidies.”

“Solar panels are not powered by sunlight, they are powered by taxpayers.”


20 posted on 04/12/2011 5:09:20 PM PDT by smartyaz
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To: smartyaz

That’s over 133k per job. Mass got a much better deal for about 1/10th the guarantee (800 jobs for 53M) but it went bust well before all the money was spent. Sooooooooooooo, with these examples out there, what makes this new outfit think there will be a different outcome?


21 posted on 04/12/2011 6:39:40 PM PDT by NonValueAdded (President Obama’s approval ratings are so low now, Kenyans are accusing him of being born in the US)
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