Over three-quarters of the onshore wind and four-fifths of the solar PV capacity that is due to be commissioned next year will produce power at lower prices than the cheapest new coal, oil or natural gas options, according to the International Renewable Energy Agency (IRENA). That makes renewable energy the least-cost climate solution, IRENA says, and prices will continue to fall into the next decade:
May, 2019
Webinar: Getting the Most Out of Your HOMER Results
Join HOMER Energy Product Manager, Steffi Klawiter, and Associate Product Manager, Aarabi Madhavan for a free educational webinar on May 23rd, 2019 at 8:00 AM MDT to walk you through understanding and finding the most valuable HOMER results for a distributed generation renewable energy system.
HOMER Energy Software Updates to Leading Design Tool Serve Fast-Growing World Microgrid Market
HOMER Energy is announcing a set of new features for its industry-leading microgrid modeling software, HOMERⓇ Pro. Improvements should help users rapidly model distributed energy systems and immediately understand key results.
California Utilities Plan Shutoffs to Forestall 2019 Fire Disasters
Reeling from several years of catastrophic wildfires and the financial losses that are looming in their wake, California utilities have a new strategy for dealing with fire risk: shutting off the electricity. The plan targets populations in high-risk fire zones – which include much of the state – and creates worrisome risk for vulnerable populations. MIcrogrids would improve resilience and soften the blow of power cuts.
Learning from Western Australia: A geography made for microgrids
With its massive land area, thinly scattered population and resource-based economy, Western Australia has always been challenged to maintain an electric grid that covers long distances under harsh environmental conditions. Utilities are discovering that hybrid renewable microgrids can be cheaper than the upkeep on such a sprawling electrical empire, and the state’s government is listening: