Energy Policy

North Carolina Becoming a Solar PV Leader

(3BL Media/Justmeans) - Today’s energy picture is a complex one, with many factors influencing the direction a given region might take in selecting the type of energy technology they want to move forward with.

Obviously, resource availability is a crucial concern. If you want to choose solar, you’ll want to have lots of sunshine. The same is true for wind, hydro, geothermal, or even coal, for that matter. But there are many other factors that come into play including policy, infrastructure, as well as the level of concern over issues that go well beyond the local area.

Take North Carolina, for example. The state has recently added a great deal of solar capacity last year, 335 MW to be precise. That’s all but 2% of the renewable power added. North Carolina ranked 18thin the nation for the total hours of sunshine per year.

Politically, the state has been teetering between left and right. Barack Obama won the state in 2008, but then lost it in 2012. In fact, the state has swung hard to the right, with Republicans now controlling all three branches. That move is reflected in the fact that despite adding all that solar in 2013, much of which was the result of a Renewable Portfolio Standard passed in 2007, renewal of that legislation failed last year.

Still, the momentum was already there. Government support in emerging endeavors such as this, acts as the kindling. Once private investors get involved, the fire is harder to put out. Private investment in solar project over the past five years reached $2.1 billion.  That, according to Pew Research, is expected to grow by $8.1 over the next ten years, bringing the Tar Heel State an additional 2.6 GW of solar capacity, close to what California has today.

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