The following are a few excerpts from an editorial written in The Charlotte Observer on Sunday by columnist Ned Barnett. While the focus is on what North Carolina has done the past ten years, it shows what can happen with a focus on renewables and attracting business. It should be noted a lot of NC’s success is in part due to companies like Amazon, Facebook (now Meta), Google and IKEA setting up centers powered by renewable energy, which got the attention of legislators.
“A new report from Environment America Research & Policy Center and Frontier Group gives North Carolina strong grades for renewable energy. In measures of growth since 2011, North Carolina ranks third nationally in solar power, 10th in energy efficiency, 17th in electric vehicle sales, 20th in battery storage of renewable energy and 26th in wind power. ‘It’s amazing the difference that a decade can make and how many people are choosing to embrace renewable energies like solar power,’ said Krista Early, an advocate with Environment North Carolina Research & Policy Center.
That growth raises prospects that seemed hopelessly remote just a decade ago: widespread use of electric cars that could eliminate the volatile cost of gas and a power grid driven by renewable energy that will reduce utility bills. North Carolina’s move toward renewables will be accelerated by this year’s passage of a major energy bill, House Bill 951.
Steve Levitas, a vice president at Pine Gate Renewables in Asheville, one of the nation’s fastest growing renewable energy companies, said the new state law will have a big effect. ‘HB 951 is going to drive a dramatic transformation of the state energy sectors,’ he said. ‘It will drive retirement of (Duke Energy’s) coal fleet and will result in more renewables. That’s going to happen.’
The new federal infrastructure law and the possible passage of the Build Back Better bill will also expand the use of renewable energy. While renewables still produce a small fraction of electric power, Levitas said the rising use of solar and wind power will make renewable energy an increasingly cheaper option to fossil fuels. ‘People predicted a long time ago that if you created demand, that would drive down costs and that’s been proven to be true many times over,’ he said.”
Note, while the reference to renewables providing a small fraction of electric power may be true in NC, in places like Iowa, Texas, California, Oklahoma, et al, the percentages are not small fractions. Iowa gets over 40% of its electricity from wind energy while Texas is right at 20% on electricity from renewables, primarily wind energy.
Progress is being made, but we now need to hasten it as we have passed the tipping point. Yet, what business has started realizing the past several years, if they do not keep up, their ability to compete may be compromised. State legislatures must recognize this as well.