Browsing by Subject "Solar"
Results Per Page
Sort Options
Item Open Access A Case Study of Community Solar’s Impact on the Energy Affordability of Minnesota’s Low to Moderate Income households(2020-04-24) Jung, AnnieCommunity solar gardens have been adopted by many states in the United States of America. They are an innovative way for utility ratepayers to have a direct role in the energy transition and support deployment of solar power onto the grid. However, the renewable energy industry has been criticized for the lack of low-to-moderate income household participation. To examine this further, I analyzed the participation rate of low-to-moderate income households in a sample set of Minnesota community solar subscriber data. This was achieved by translating the threshold for low-to-moderate income households to a housing price value. Furthermore, a model was created to assess the financial impact of various community solar tariffs on all the stakeholders involved. Analysis of data from 306 credit scores and 185 addresses of community solar garden subscribers showed that even with a credit score minimum requirement, almost 31% of subscribers were low-to-moderate income households. The results of the model showed that non-subscribing ratepayers pay at least 5% more in annual utility bills than subscribers, regardless of their income level. I also found that utilities and developers have competing interests when setting community solar tariffs, even after the Value of Solar was implemented. Overall, these findings support the low-to-moderate income ratepayer advocates and arguments for community solar reform.Item Open Access AN ANALYSIS OF THE FEASIBILITY AND ENVIRONMENTAL IMPACT OF INCORPORATING CLEAN ENERGY INTO AN ISLANDED MICROGRID IN SIERRA LEONE(2014-04-24) Yagjian, Christina; Kelly, IanClarity Project is a fine jewelry company and social enterprise that recently began mining diamonds in Sierra Leone as part of its mission to improve the quality of life of artisanal miners in West African communities. This has presented a new challenge to the company: the site of Clarity Project’s new mining compound is distant from the country’s modest electric grid, leaving Clarity Project to procure its own electric power. The purpose of this project is to determine Clarity Project’s electricity needs, analyze its alternatives for meeting those needs, and evaluate the costs and environmental impacts of those alternatives. Using data obtained on site in Sierra Leone and meteorological data from NASA, we developed a model that predicts the load profile of the mining compound, forecasts the expected amount and temporal availability of electricity from photovoltaic arrays on site, and projects the use of diesel generators and battery storage to supplement the solar power. The model then calculates the present value of the capital and operating expenses for the microgrid as well as the carbon dioxide emissions associated with generating electricity for the compound. Our analysis has determined that (1) the least expensive option, based on capital expenses and operating expenses discounted to present value, would be to rely solely on diesel generators; (2) the cost of relying solely on renewable energy during Sierra Leone’s dry season would be approximately double the all-diesel option over a five-year time horizon and about 60 percent greater over a 25-year time horizon (and the availability of renewable energy falls significantly during the rainy season); and (3) incorporating solar power and battery storage, while more expensive, would allow Clarity Project to avoid emitting nearly 20 metric tonnes of carbon dioxide per year.Item Open Access Carbon Free Data Centers Through Solar Photovoltaic Generation, Battery Energy Storage, and Medium Voltage DC Power Distribution(2024-04-26) Biehl, Kevin; Drewyer, HenryUtilities, grid operators, corporates, and other stakeholders are tasked with meeting carbon emission reduction mandates at a time of rising electricity demand. Data centers are a significant driver of load growth, as they are expected to triple as a share of U.S. electricity consumption to 7.5% by 2030. Advances in direct current (DC) circuit breakers and converters enable a medium voltage direct current (MVDC) data center architecture that can take advantage of efficiency gains from DC solar-photovoltaic generation and battery storage. This study quantifies the primary benefits of co-locating these technologies, incorporating efficiency gains along with capital cost savings of MVDC power distribution relative to conventional low voltage alternating current (LVAC) systems. By quantifying these system benefits, this study highlights a cost-efficient path to meet growing data center load, particularly for data centers attempting to demonstrate 24x7 clean energy use.Item Open Access Closing the “Energy-Efficiency Gap”: An Empirical Analysis of Property Assessed Clean Energy(2012-04-27) Kirkpatrick, Aubrey JustinUntil federal regulators halted operations, a handful of municipal PACE programs across the US offered property-secured loans from city or county funds to homeowners for residential clean energy investments. These loans, repaid through property tax assessments, addressed multiple non-price “market barriers” to residential investments commonly identified in the literature on the “energy-efficiency gap” – information barriers, transferability of investment, and cognitive failures common to high up-front cost investments. To elucidate the magnitude of the “energy-efficiency gap”, this analysis uses difference-in-differences models as well as a synthetic counterfactual to estimate the effect on residential photovoltaic installation rates of three California PACE programs operating between 2008 and 2010. When applied statewide, results predict an increase in installations by approximately 25 homes per year for an average-size Californian city, or 14,170 installations per year statewide.Item Open Access Domestic Content Requirements and India’s Solar Mission(2013-04-26) Fickling, MeeraDomestic content requirements are widely-used policies that require a specified proportion of a good to be produced within a certain jurisdiction. Applied to solar cells and modules procured through India's national solar power program, this policy is part of India's strategy to build a domestic manufacturing base for solar components and attain energy independence. However, a loophole in the requirement appears to have undermined its effectiveness. This paper uses a conceptual model and a set of probit and logit regressions to determine the effect of India's domestic content requirement for solar cells and modules on domestic manufacturing and technology choice. It finds that the requirement has done much less to spur domestic manufacturing than the Indian government envisioned.Item Open Access Electric Avenue: Two Case Studies on the Economic Feasibility of the Electrification of Transportation (Solar Charging Stations in CA & University Buses in NC)(2010-04-30T19:48:05Z) Kolomeets-Darovsky, Daniel B.The 2007 IPCC report solidified that global climate change is occurring due to the release of greenhouse gases (GHGs) by the anthropogenic activity of burning of fossil fuels. The effects reach beyond the realms of the environment and into health, public policy, national security and the economy. In the U.S., transportation is the largest energy user by end-use sector and I have chosen to focus on the electrification of transportation as one of the more promising approaches to the sector that addresses at the same time multiple facets of the environmental crisis. This is accomplished through the building of bottom-up, spreadsheet-based financial models because economic considerations are the main drivers of the adoption of these kinds of alternative solutions. Two types of solutions are considered: (1) solar charging stations for plug-in hybrid electric vehicles (PHEV) and electric vehicles (EV) in California, and (2) a comparative look at diesel hybrid vs. electric buses for Duke University. The Financial Feasibility Model (FFM) for solar charging stations in California shows there are many combinations of user-selected inputs that yield profitable investment outcomes. This is applicable for all three scenarios with Scenario 1 achieving the break-even point quicker than Scenario 2 and, in turn, Scenario 3 due to the higher upfront costs of the latter scenarios. The option of financing the project with user-specified loan parameters can yield added Net Present Value (NPV) if the interest rate for borrowing is below the discount rate. The FFM for university buses in North Carolina indicates that switching from traditional diesel buses employed on university campuses such as Duke to alternatives like diesel hybrid or electric buses also makes financial sense. Over the life of the service of the vehicles, a comparative cost-benefit analysis indicates that both technologies come out ahead of diesels with diesel hybrids breaking-even first before electric buses due to the higher upfront cost of the latter. While air quality, noise pollution, branding, public relations and other intangible assets have clear value, they are not included in both models due to the difficulty of assigning monetary values to such variables. The take away from the project is that both models use conservative parameters to underestimate the benefits for better financial decision-making for the stakeholders, that the results show that there are many avenues towards profitability and that these models are some of the first, if not the first, publicly-accessible of their kind.Item Open Access Emerging Solar Lending Opportunities for Community Development Financial Institutions(2015-04-24) Williams, JenniferFinancing and investment structures in solar development are maturing. Community development financial institutions (CDFIs) and other mission-focused lenders have opportunities to fund solar photovoltaic (PV) projects with debt, but this lending can be challenging. A National Renewable Energy Laboratory (NREL) review found renewable energy lending to be limited due complexity. Loans are typically large, with unusual collateral valuation requirements, negotiation of intercreditor agreements, and new standard-setting required for assessing default risk. Despite these obstacles, in 2013 and 2014, Self-Help Credit Union in Durham, North Carolina provided $76 million in debt financing for solar electricity development. These installations occurred as the solar industry soared; with growth over five years from 1.2 gigawatts (GW) to 18.3 GW of operational solar, the U.S. solar market value will exceed $15 billion in 2015. Continued annual growth averaging 7.5% through 2040 is projected, setting the technology on track to become a primary generation source with 48 GW of capacity. State and federal incentives shape both utility-scale solar growth and financing models, which often include developer project equity, tax equity, and debt. In North Carolina, a corporate state tax credit for renewable generation expires at the end of 2015. A decrease in the federal solar Investment Tax Credit (ITC) from 30% to 10% also looms at the end of 2016. As the industry matures and subsidies decline, companies are exploring new financing solutions with different parallels to more familiar asset classes such as real estate, infrastructure, stocks, and esoteric asset-backed securities, prompting a wider range of investors to enter the field. Self-Help and other CDFIs are well-poised for impact due to familiarity with tax-credit incentivized deals with project-level finance; solar incentives are structurally similar to community development real estate transactions that utilize New Markets Tax Credits (NMTCs) and Low-Income Housing Tax Credits (LIHTCs). Nationally, banks, CDFIs, and other mission-focused lenders are now beginning to provide both construction and term debt to solar developers as part of a project finance model for utility-scale projects large enough to warrant the complexity of these transactions or portfolios of smaller installations. Participation is growing in both scale and scope. In 2014, 94 banks engaged in some type of energy project finance, a 20% increase from 2013. Half of contributing banks were small players similar to Self-Help, with overall levels of activity less than $200 million each. Some of the largest recent examples of project finance for solar development are Seminole Financial Services, Hannon Armstrong, National Cooperative Bank, and a variety of European and Japanese commercial banks. More providers are needed as the U.S. solar industry gears up to grow from 10 GW 2015 to more than 16 GW by 2017. Other community financial institutions and lenders may use Self-Help’s experience as a springboard for action and make real impact in the industry, as including debt in the financial structure for development can reduce levelized costs of solar electricity by 20% or more. In its first section, this report reviews CDFI missions and how partnership between these groups and the solar industry creates mutual benefit, including environmental health, economic growth, social good, CDFI returns, and sustainable investment influence. In its second section, the experience of both environmental justice and clean energy leadership in Warren County, North Carolina is noted as a case study of these current and potential impacts. In its third section, this report provides a solar finance primer for use by both community lenders and the solar industry, including project-level finance background, structures, sources, budget components, and projections. In its fourth section, the report describes the project-level risks a CDFI must mitigate in order to lend successfully. The accomplishments of Boston Community Capital, a Boston-based CDFI, are highlighted as a case study in the report’s fifth section. Next, the report describes collateral review for solar lending, including valuation, appraisals, intercreditor agreements, and other risk mitigation. In the seventh section, the report outlines the potential for solar development to benefit minority farm owners. Then, despite CDFI solar lending promise, barriers are reviewed in the report’s next section, including the current complexity of deal structure requiring industry-specific knowledge and human capital at CDFIs, collateral limitations, scale, and intercreditor agreements. The report concludes with information on the potential for future CDFI leadership with next steps including unconventional repayment terms, community solar models, loans with non-rated private off-takers, and other opportunities.Item Open Access Energy Storage and Solar for New Peaking Capacity in North Carolina(2019-04-26) Copple, DanielSolar power paired with battery energy storage is increasingly presented as an alternative to traditional natural gas combustion turbine technology for providing power during times of very high demand. This analysis uses hourly simulation of the Duke Energy Carolinas (DEC) electric system to compare the performance and cost of solar plus storage and new simple cycle gas turbine (SCGT) technology. The results show solar plus four-hour battery storage and SGCT perform similarly in addressing the peaking capacity needs of the system. Solar plus four-hour battery storage results in system-wide production cost savings compared to SGCT, but this savings is limited by the SGCT's greater displacement of older, more expensive peaking units and is outweighed in the short-term by higher fixed costs. However, If renewable technology improvements and cost reductions follow historical trends it is possible that new SCGT plants in the DEC system will not maintain high capacity factors and could be economically displaced well before the end of their lifetimes. Utility planners should weigh these risks carefully before committing to a peaking technology choice.Item Open Access Essays in Energy and Environmental Economics(2019) Kirkpatrick, Aubrey JustinThis dissertation is comprised of three papers which examine important topics in energy and environmental economics. The first paper ("Averting expenditures and desirable goods: Consumer demand for bottled water in the presence of fracking" with T. Robert Fetter) estimates household willingness to pay to avoid consuming tap water when hydraulic fracturing is present in the area. The paper focuses on accounting for the joint production of utility inherent in bottled water. Furthermore, it introduces a novel estimation routine which accounts for household heterogeneity in a parsimonious manner, and provides evidence of its effectiveness. The empirical results of the paper show that accounting for the utility that households have for bottled water independent of fracking results in a lower bound of willingness to pay to avoid one of the primary sources of fracking impacts.
The second chapter ("Estimating Congestion Benefits of Batteries for Unobserved Networks: A Machine Learning Approach") examines the price effect of grid-scale energy storage. Policy-makers have often identified energy storage as a ``solution'' to the intermittency cost of renewables, but no previous empirical work exists to establish the magnitude of that effect, largely because the price effect of energy storage is not constant across a grid and data on grid structures are not publicly available. This paper estimates the cross-network effects of storage and uncovers the network structure relevant to calculating the total reduction in the cost of serving load.
The final chapter ("Heterogeneous Environmental and Grid Benefits from Rooftop Solar and the Costs of Inefficient Siting Decisions" with Steven Sexton, Robert Harris, and Nicholas Muller) calculates the total reduction in pollution externalities associated with a solar panel across each US zip code. Noting that the marginal plant displaced by a solar panel's generation will depend on the location and time of generation, this paper establishes the chain from panel generation to plant displaced to reduction in emissions to reduction in externalities. Results indicate that subsidies and incentives offered by many states do not coincide with the areas where solar panels generate the largest reduction in externalities.
Each of these papers has important implications for energy and environmental policy in the United States and beyond. Valuing the change in overall social welfare from a new technology (e.g. fracking, energy storage, solar) provides a vital understanding that speaks to the economic efficiency of our energy systems, and helps to provide data and intuition for policymakers who seek to maximize total social welfare. In the first paper, valuing the disamenity of fracking helps policymakers understand the optimal regulation of fracking activity. In the second, estimates of energy storage's reduction in the cost of serving load help to guide debate of future policy. And finally, a better understanding of the siting of solar helps to guide future investments in clean energy technology.
Item Open Access Investigation of 2D Hybrid Organic-Inorganic Perovskite Thin Films Deposited by RIR-MAPLE for Heterostructure Integration(2023) Phillips, Niara ElyssaThe power conversion efficiency of perovskite solar cells has increased significantly in the past 10 years from around 13% to over 25%. However, the most common perovskite absorber materials, three-dimensional (3D) perovskites, are challenged by moisture stability which hinders their more widespread commercialization. One approach to increase moisture stability is to incorporate a layer of hydrophobic ligands on top of the absorber layer in the form of a two-dimensional (2D) perovskites, thereby forming a 2D-on-3D heterostructure, however there are significant processing challenges. This dissertation conducts a careful investigation of n = 1 2D perovskite thin films deposited using a technique called resonant infrared, matrix-assisted pulsed laser evaporation (RIR-MAPLE) to better understand and then improve the heterostructure. The major conclusions of this work are that any halide mixing likely occurs in the 3D layer only at the heterostructure interface due to the site preferences that bromine and iodine have in the octahedra. Several supplemental processing parameters – deposition scheme, growth temperature, and solvent ratio (DMSO:MEG) – were used to successfully increase the average grain size, increase the amount of vertically oriented grains, modify the morphology, and decrease the Stokes shift in (PEA)2PbI4 thin films. Ultimately, out-of-plane conductivity in (PEA)2PbI4 thin films was successfully improved using the sequential deposition scheme, elevated growth temperature, and decreased amount of matrix solvent. The structural improvements and improved out-of-plane conductivity were also demonstrated for the heterostructure when modified processing conditions were used to deposit the 2D layer. The process-structure-property relationships investigated in this work serve as guidelines for tailoring 2D-on-3D heterostructures.
Item Open Access Lessons Learned from Third-Party Solar PPA Development: Influences, Trends, and Implications for Georgia(2016-04-28) Chen, Gwen; Fan, Wusi; Gao, Shuo; Peckham, OliverThird-party solar power purchase agreements (PPAs) emerged in the 2000s and provided a new financing option for solar energy. Currently, third-party solar PPAs have been authorized in 25 states and DC in the U.S. and are successfully facilitating residential rooftop solar growth. Georgia recently legalized third-party solar PPAs through the Solar Power Free-Market Financing Act of 2015. This paper analyzes factors that impact third-party solar PPAs and evaluates those factors in the context of Georgia. We assessed solar resources, net metering, the Investment Tax Credit (ITC), Solar Renewable Energy Certificates (SRECs), differentiated state-level incentives, the regulatory environment, and consumer preferences. We also considered some potential future policy and market trends, such as the Clean Power Plan and electric vehicles. Our analysis shows how regulatory supports significantly drive third-party solar PPA growth and can provide our client with an expectation of third-party solar PPA development in Georgia.Item Open Access NatureWatt LLC.: A Guide to Environmentally and Socially Responsible Utility-Scale Solar Development in the Southeastern United States(2020-04-24) Oberholzer, Alicia; Schuster, AlexisUtility-scale solar photovoltaic electricity generation is growing rapidly across America, and as a result, concerning impacts on the natural environment are starting to add up. Recognizing that North Carolina has the second largest capacity of utility-scale solar generation in the country, the Nature Conservancy of North Carolina has been compelled to intervene (SEIA, 2019). Concerned about the negative impacts to the natural environment that solar development can cause, The Nature Conservancy of North Carolina has identified best practices for sustainable solar development and begun to explore ways to incentivize industry adoption (TNC, 2019). To this end, they called upon us, a Duke University Nicholas School of the Environment Masters Project team, to develop the first iteration of a voluntary-based certification system for eco-friendly solar farms. To create a certification program with the natural environment in mind, the first step was to identify core objectives for the guidebook, the reference document of the certification. This first objective was to compile negative impacts of solar development and provide mitigation and avoidance practices. The second was to estimate the qualitative costs and benefits of each practice so that stakeholders know what costs and benefits consider before they decide to pursue the certification. The last objective for the guidebook was to compile measurement tools for each practice so that the certification requirements are standardized and measurable. Together these objectives culminated in a guidebook that accomplishes the Nature Conservancy’s mission to protect and restore natural systems and biodiversity. The first step in the guidebook compilation process was to review the Principles of Low Impact Solar Siting and Design written by Elizabeth Kalies of the Nature Conservancy of North Carolina. This document is the foundation of the certification, as it lays out six principles that reflect the core practices of sustainable solar development. These principles include avoiding areas of native biodiversity, allowing for wildlife connectivity, using disturbed land, protecting water quality, restoring native plant species, and protecting and providing wildlife habitat (TNC, 2019). We aimed to further this research by reviewing additional literature regarding the impacts of solar development and other relevant topics, such as existing solar certification and other environmental certifications. In addition, informal interviews were used to gain stakeholder insight on existing mindful practices and new ideas surrounding community engagement. Once the research was complete, the writing of the guidebook began. The certification, entitled NatureWatt, is awarded through compliance with the NatureWatt Guidebook. This guidebook is comprised of four sections: Siting, Design, Social Impact, and Compliance. Each section contains principles supplemented by criteria that aim to provide a complete inventory of sustainable tactics for each step of solar project development. Each criterion contains measurement tools that must be used to measure compliance as well as qualitative, expected costs and benefits that stakeholders may incur. The NatureWatt Guidebook goes beyond the tangible aspects of solar development and includes tactics that address social impact. From promoting diversity, to community education, the guidebook offers innovative ways to address inequities in the communities where solar projects are built. The guidebook went through an extensive revision process, which included reviews by solar industry stakeholders. The NatureWatt certification draws attention to the importance of mindfulness of the surrounding environment during the siting and design of utility-scale solar generation. It is a comprehensive guidebook that allows for innovation and profitability, while allowing for the natural environment to thrive as it cohabitates with the new development. Further research opportunities will require subject matter experts who can place value on certain ecosystem services and experts who can create an implementation plan for industry adoption.Item Open Access Off-Grid Solar E-Waste: Impacts and Solutions in East Africa(2019-04-25) Balasubramanian, Sneha; Clare, Dharini; Ko, SarahElectrification is growing rapidly in East Africa, with off-grid photovoltaic capacity projected to reach a 1,000 MW by 2022. This growth is accompanied by an inevitable increase in solar e-waste, potentially reaching 5,000 tons in that time frame. Without proper management, this waste is subject to open dumping or informal treatment by local waste management entities. Both of these potential outcomes pose detrimental environmental and health risks. With the help of existing literature, interviews with industry experts, and a scenario planning exercise, this project aimed to identify business and policy-based recommendations to plan for this growth in electrification. The analysis focused on lanterns as well as small and large solar home systems. Based on the financial value of the materials that could be derived from recycling these products, our results show that refurbishment and repair is currently the more feasible end-of-life management option. The main recommendation for the off-grid solar sector involves collaboration between producers, in a pre-competitive space, that focuses on consumer education, modular design, and investment in product take-back infrastructure and recycling technologies. A complementary policy would require device producers to be responsible for the end-of-life management of their products.Item Open Access Power in Numbers: Case Study of the Culebra Community Residential Solar Project(2024-04-26) Mandel, JennyResidential solar systems, often paired with batteries for onsite energy storage, are increasingly popular as a source of clean, reliable power, but access to such systems lags among lower-income households. In 2019, Environmental Defense Fund began working with residents of the Puerto Rican island of Culebra in a partnership to demonstrate how renewable energy systems could be deployed to provide clean, affordable, resilient, reliable energy in an under-resourced community. The project prioritized the participation of high-need households including those with electrically powered medical equipment, elderly residents and children. This case study, based on project documents and interviews with participants and a wide range of stakeholders, identifies barriers to deploying solar with storage in an isolated and under-resourced community and strategies to overcome them. The case study can inform other programs aiming to expand solar energy access, particularly in remote and under-resourced communities.Item Open Access Predictive Analysis of Global Renewable Energy and Infrastructure Growth in Developed, Developing and Emerging Markets(2011-12-09) Nolan, Mike; Naftel, Jackson IV; Reaves, PatrickThe most attractive markets for renewable energy investment are shifting from the developed world to emerging economies. Among the most prominent emerging economies, China, India, and Brazil have become three of the most important global investment markets, and the role of renewable energy in each country is becoming increasingly important. At the same time smart grid advancements are creating above average returns in developed countries such as the United States and Germany. This report analyzes renewable energy investment opportunities in USA, Germany, Brazil, China, India and Indonesia. In an effort to quantify, compare, and rank our findings for each country, our team developed a simple model to weight each metric based on each country’s policies, infrastructure, resources, and electric power market as they relate to the attractiveness of renewable energy investment. We then modified the evaluation to incorporate our client’s qualitative weighting for each evaluation criteria. After a detailed analysis was performed, the following 3 recommendations can be made: 1. India, China and Germany have created a favorable economic and policy environment for solar investment; however, given the global nature of the industry and current uncertainty in the marketplace, we do not recommend investing in solar at this time. 2. Due to substantial line losses in India, and likely development of long-distance transmission in China and Brazil, our team foresees a substantial investment opportunity in the global transmission and distribution value chain. We recommend one discrete investment opportunity in one of India’s state-owned electric supply companies, the Calcutta Electric Supply Company (CESC), as well as smart grid component suppliers such as ABB and Thomas and Betts. 3. Growth in wind power will likely continue in Germany, specifically offshore wind. However, until the German government takes a stronger stance on its policy towards natural gas our team recommends waiting to invest in the German wind industry as the natural gas market may be a serious threat to the wind industry.Item Open Access Project Management Strategy for Utility Scale Solar(2023-04-26) Gulick, LoganUtility scale solar is a fairly new industry, therefore, there are many new and lucrative career fields and other sub-disciplines within the project management array. There are multiple books about project management on the market, including the Project Management Book of Knowledge and PMP study guides, what sets this apart is not only the specificity of utility scale solar, but the strategies which will be introduced to the reader to help them achieve success on their own projects. This project aims to equip the reader with the tools needed to successfully execute their own solar projects in the most efficient and sustainable manner possible. Covered in the paper are such tools as Porter’s 5 forces, SWOT, TOWS, Risk register, and strategy cascades, along with others and instructions on how to use them to treat every project as a case study. Finally, the paper concludes with a strategy road map to help guide the user step by step, and a real world example to back up the claims of effectiveness of the outlined strategies.Item Open Access Siting of Utility-Scale Solar in North Carolina(2018-04-27) Kikuma, Isshu; Rublev, Elizabeth; Tan, XuebeiIn 2007, North Carolina (NC) passed a Renewable Energy Portfolio Standard (REPS), the first in the Southeast. The REPS mandated that 12.5% of the state’s electricity demand be met with renewable energy by 2021. 29 states, Washington D.C., and 3 territories also have renewable portfolio standards, with varying goals. The NC REPS, combined with the state’s interpretation of the 1978 Public Utility Regulatory Policies Act (PURPA), unleashed a torrent of activity in the state, making it second in the nation (after California) for installed solar PV. Our project, using publicly available data and a geographical information system (GIS), creates a screening tool to: (1) identify potential sites for utility-scale solar in the State of North Carolina, given a set of physical constraints; and (2) generate supply curves for those selected sites, given a set of economic constraints. This tool can be used by local zoning boards or commissions, or other interested parties, to gain a better understanding of utility-scale solar projects and make project development processes smoother, facilitating better environmental outcomes, and supporting sustainable economic growth in North Carolina and the U.S.Item Open Access Solar PV Financing: Legal Challenges to the Third-Party Ownership Model(2008-12-03T15:23:27Z) Kollins, KatharineThe third-party ownership PPA as a financing mechanism for solar PV has been increasing rapidly over the last few years. Its ability to dramatically lower or remove upfront costs has made it a popular way to obtain a solar PV system for both residential and commercial buildings. However, a number of states do not allow the third-party ownership PPA due to legislation language preventing competition with the monopoly utility or mandating that the third-party owner be regulated by the local public utility commission. The third-party ownership PPA structure is a long-term contract between a customer and a third-party solar PV developer. The developer builds and owns a PV system on the customer’s roof and sells all of the power to the customer. This allows the customer to support solar power while avoiding upfront costs as well as operations and maintenance. In particular, third-party electricity sales have presented legal challenges in a number of regulated states and jurisdictions. These states may have issues with consumer protection, grid safety, or competition with the monopoly utility. A few states have already ruled on the issue (California, Oregon) and potentially provide some legislative guidance for those states looking to exempt third-party ownership PPA providers from regulation. Other states are actively dealing with the issue and have open dockets to determine legality (Nevada, Arizona). Because legislative solutions may be difficult to obtain in some states, especially with the complex nature of PUC integration with state legislation, it is important to look at alternative solutions to the third-party ownership PPA. These include the solar lease, the utility acting as an intermediary, utility ownership of generating assets, the utility waiving monopoly power, registration of DG services providers, and Clean Renewable Energy Bonds.Item Open Access Solar Savings as a Step Toward Economic Stability(2022-05-15) Manning, MosesItem Open Access Solarizing the Island of Culebra, Puerto Rico: Rate-Design Model and Analysis(2022-04-22) Abcug, Jeremy; Bettencourt, Allison; Khandelwal, RajatPower on the island of Puerto Rico has historically been served through a centralized generation system that has largely failed to provide reliability— ability of the grid to provide the right quantity and quality of electricity needed and operate in times of stress — and resilience— the ability of the grid to come back online quickly and for all consumers after a major disruption. This master’s project team is working with the Fundación Comunitaria de Puerto Rico (FCPR; Puerto Rico Community Foundation) to support the Caribbean’s first community-owned solar utility in Culebra, Puerto Rico to improve grid reliability and to foster community energy independence. The idea behind Culebra’s solar utility is simple: 50 businesses, non-profits, and critical facilities will pay for the energy service provided by the utility through rooftop solar and battery systems that have been fitted to meet the individual facility energy needs. These entities that purchase this utility electricity become subscribers to the service, and these payments will allow for operation and maintenance (O&M), equipment replacement, system expansion and any other necessary services to be sustained. A SWOT analysis is provided to identity the different Strengths (S), Weaknesses (W), Opportunities (O) and Threats (T) for the project. The core objective of this project is the development of a rate-design model to evaluate the optimal rate to charge the subscribers of this solar utility. This rate-design model has three parts – Revenue, Costs and Financial Statements. For the revenue calculations, a load curve for an average subscriber was fitted based on historical consumption data. This information was used in a Monte Carlo simulation to model subscriber demand on a monthly basis. This simulated subscriber demand was compared with solar production forecasts to compute monthly revenue per subscriber. Four types of costs were considered in this analysis: Operations and Maintenance, Administrative, Insurance and Correction costs. All costs are increased annually with inflation. An analysis of the cost-breakdown results shows that correction cost is the largest cost component, however this declines over time. Operations and maintenance is the second largest component, followed by administrative and insurance costs. The results from the revenue and cost analysis were used to compute an Income Statement and Statement of Cash Flows for the solar utility. A set of sensitivity analyses were conducted to assess the effect of input parameters such as inflation, PREPA electricity rate, solar utility electricity rate, and taxes on output metrics such as net income, profit margin, subscriber savings, annual revenue and costs. A combination of the rate-design model and various sensitivity analyses suggest an ideal rate of $0.19/kWh for FCPR to charge to subscribers for the solar utility project. FCPR has already submitted an electricity rate of $0.21/kWh to the Puerto Rico Energy Bureau. This team’s analysis shows that the $0.21/kWh rate will help realize significant subscriber savings and ensure the viability of the solar utility project over its initial lifespan of 10 years and beyond. This project is expected to yield $2,600 of annual savings in electricity payments for subscribers and lead to the abatement of 1076 MT CO2e annually.