Renewable energy industry news roundup: June 6–12, 2016
Apple announces plans to sell a brand new product and it's not the new iPhone, Texas may soon be named the nation's biggest solar supplier, and over half of all U.S. states use renewable energy policies that you may have never heard of. Read these stories and more in this week's renewable energy news roundup.
Apple Is Generating So Much Renewable Energy It Plans to Start Selling It
According to PV Tech, Apple has applied to the U.S. Federal Energy Regulatory Commission (FERC) to sell excess solar power. This includes surplus electricity generated by solar panels on top of its Cupertino, California headquarters and energy generated by solar farms, hydroelectric plants and biogas facilities. Instead of selling surplus energy to power companies, Apple wants to make green energy easily accessible to consumers. If the company's request is granted, Apple could start reselling power in the next two months.
Got Science? The Best Way to Boost U.S. Energy (That You've Never Heard of)
As countries around the globe begin to rely more on clean energy to power homes and businesses, Americans are eager to make leaps to transition away from burning fossil fuels. One little-known method to ramp up renewable energy is the “Renewable Energy Standards” or RES. These market-based policies ensure investment in renewable energy by requiring electricity providers to gradually increase the renewable energy sources in their power supplies. The U.S. Department of Energy say these policies have led to enormous benefits.
The Growing Opportunity for Residential Energy Storage in the U.S.
The U.S. energy storage market, which has largely been dominated by California and Hawaii, is expanding to new state markets and even the residential segment. GTM Research noted a number of emerging markets in the U.S., including Kentucky, Nevada, Utah and Vermont. While, these energy storage markets are quite small on their own, their residential energy storage markets have seen rapid growth. So much so that collectively, these states made up the largest residential energy storage in Q1 2016, surpassing even California and Hawaii.