$200B in global green bonds – Hundreds of billions of dollars will move into green technologies via the form of long term, safe and stable investments. If you install a solar power system that has minimal O&M and it then runs for 30+ years – someone is going to make money. I field calls all the time from investment groups looking to add a bunch of solar to their portfolios. We’re not going to stop using electricity.
California vote on ‘Time of Use’ rates coming up – If we’re going to live by a true supply and demand market, then electricity use during the daytime and early evening is going to be the most expensive. And the solar industry in California is pushing that we recognize Time of Use more so, since solar power is producing during the most expensive time of the day. This push out west is being called Netmetering 2.0 because the legislators hope to better capture the nuances and economic benefits of solar power – electricity generation is just one benefit brought to the table (lesser stress on grid, adding voltage to areas far from the power plant, etc).