Category Archives: Department of Energy

EIA Energy Outlook
 Underscores Efficacy
 Of Efficiency Efforts

The Energy Information Administration’s annual energy outlook, which was released last week, is like manna from heaven for geeky industry analysts and commentators, most definitely including myself.

Like any projection—as I have discussed in prior posts (see this piece in particular)—it is probably outdated essentially from the minute it is finished. But to EIA’s credit, it doesn’t oversell the analysis, noting instead that its forecasts “are not statements of what will happen, but of what might happen, given the assumptions and methodologies used for any particular case.” In addition, and here EIA gets extra credit, the agency takes a policy-neutral approach in its analysis, using current law in its projections; there are no assumptions about new legislation, executive orders or extensions of policies with sunset dates. As such, EIA’s analysis is about as fair as it can get.

Despite these limitations, there are a number of fascinating items in EIA’s Annual Energy Outlook 2015 (which can be found here).

Continue reading EIA Energy Outlook
 Underscores Efficacy
 Of Efficiency Efforts

DOE Loan Office
 Played Pivotal Role
 Launching Utility PV

What a difference a few years can make: In 2008 there were 22 megawatts of utility-scale solar photovoltaic generating capacity in the U.S., today that number has jumped to more than 8,100 MW—and more is on the way.

There are a number of reasons behind this growth—including significant declines in PV module prices and the long-term enactment in 2006 of an investment tax credit for solar installations—but perhaps most important was the financing push provided by the Department of Energy’s Loan Programs Office. Yes, that is the same office bashed repeatedly by Republicans in Congress and the conservative media for gross mismanagement and “crony capitalism” (whatever that really means).

But the reality is, the loan office works, and works well.

SolarLoansDOE

Continue reading DOE Loan Office
 Played Pivotal Role
 Launching Utility PV