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From Electrek: Electrek green energy brief: Solar to 2 cents/kWh in Saudi Arabia, Sunshot...

Discussion in 'News from Electrek.co' started by RSSFeed, Feb 2, 2017.

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    Electrek green energy brief: Solar to 2 cents/kWh in Saudi Arabia, Sunshot $30M in grants, more

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    Saudi Arabia expects record low prices in solar RFP – The specific quote I latched onto, ‘terms on renewable contracts will be motivating’ made me think of things like free land, free interconnection, access to cheap/free (0%) money for finance, good labor terms, etc. All of these things will lead to increases in costs for a developer – and you’ve got to add margin to every single cost because it took time and money to work through the challenges. Current low prices are 2.3¢/kWh for 1.18GW – how much lower are we expecting? 1.99¢/kWh?

    With a goal of “Enabling Extreme Real-Time Grid Integration of Solar Energy” Sunshot announces $30M in grants for 13 programs – The goal is to get the electricity grid to handle solar power greater than 100% of the grid’s demand at any moment. The 13 tools in this round of awards focus on software to watch and analyze, plus hardware that focuses on strategic positions within the grid to route large volume of energy at key moments. Reading through each one you can visualize how solar power peaking at 12 noon could be better managed by each of these systems. It must be exciting to be the scientists within the SunShot team, looking down on this broad machine, and seeing how this software and hardware will fine tune the movement of electricity across the world.

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