On August 8, 2005, the Energy Policy Act of 2005 (EPAct 2005) increased the Section 48 investment tax credit (ITC) for commercial photovoltaic (PV) systems from 10% to 30% of the project's 'tax credit basis' (i.e., the dollar amount to which the ITC applies), and also created in Section 25D of...

In October 2008, the United States Congress extended both the residential and commercial solar investment tax credits (ITCs) for an unprecedented eight years, lifted the $2,000 cap on the residential credit, removed the prohibition on utility use of the commercial credit, and eliminated...

Concerns about the price and supply of natural gas have deepened in recent years both nationally and in New England. Renewable energy (RE) technologies can directly hedge natural gas price risk by reducing the need to purchase variable-price natural gas-fired electricity generation, and...

The market for small wind systems in the United States, often defined as systems less than or equal to 100 kW that produce power on the customer side of the meter, is small but growing steadily. The installed capacity of domestic small wind systems in 2002 was reportedly 15-18 MW, though the...

On December 9, the reference case projections from ''Annual Energy Outlook 2005 (AEO 2005)'' were posted on the Energy Information Administration's (EIA) web site. As some of you may be aware, we at LBNL have in the past compared the EIA's reference case long-term natural gas price forecasts...

The last two decades have seen a dramatic increase in the market share of independent, nonutility generators (NUGs) relative to traditional, utility-owned generation assets. Accordingly, the ''buy versus build'' decision facing utilities--i.e., whether a utility should sign a power purchase...

For better or worse, natural gas has become the fuel of choice for new power plants being built across the United States. According to the US Energy Information Administration (EIA), natural gas combined-cycle and combustion turbine power plants accounted for 96% of the total generating capacity...

The market for grid-connected photovoltaics (PV) in the US has grown dramatically in recent years, driven in large part by PV grant or ''buy-down'' programs in California, New Jersey, and many other states. The recent announcement of a new 11-year, $3.2 billion PV program in California suggests...

The fundamental conclusion that we draw from this analysis is that one should not to base itself blindly on forecasts prices of natural gas when one compare contracts at price fixes with producers of renewable energy with contracts at variable prices with promoters power stations with gas....

Markets for renewable energy have historically been motivated primarily by policy efforts, but a less widely recognized driver is poised to also play a major role in the coming years: utility integrated resource planning (IRP). Resource planning has re-emerged in recent years as an important...