Conservation | Across The Board

It is a false premise or presumption that the basic principle of conservation is exclusive to any one of the different types of environments in which we function on a daily basis.

The effectiveness or lack thereof of how this universal principle is applied in one environment impacts all others.

Financial Conservation/Solar Energy is just one example.

Imagine, Financial Conservation/U.S. Government or Financial Conservation/Wall Street?

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Thursday, November 15, 2012

City of Palo Alto Goes Private For Solar

Stanford University

Palo Alto’s Utilities Advisory Commission and Finance Committee announced their unanimous approval of a 25-year contract with Brannon Solar LLC on Nov. 5. This is the city’s first solar energy contract, and the company will provide up to 52,000-megawatt-hours, 5% of the city’s electricity needs, per year for no more than $91 million for the duration of the contract.

“Palo Alto is moving to a carbon-free energy growth plan, which would be completely carbon neutral [by 2015],” Palo Alto Vice Mayor Greg Scharff said.
The efforts to provide 33 percent of Palo Alto’s energy from renewable sources by 2015 are part of a larger effort to make Palo Alto a greener city.
“We’re in the process of another RFP [Request for Proposals] for renewable energy contracts,” Cook said. “We also have ongoing energy efficiency projects, so we don’t need as much energy in the first place.”
“We have to invest as the fields go into place,” Shepherd said. “As the Utilities Commission makes these relationships, these companies…would rather work with the city of Palo Alto than places like [Pacific Gas and Electric]. They offer it to us because they know that we build up a reserve in order to go in and make these types of investments to secure our renewable energy supply, to maintain our portfolio.”
The Brannon Solar project that will provide Palo Alto’s energy is based in Fresno County. In addition to building facilities in Palo Alto, Brannon Solar’s parent company, Trina Solar, is building a total of four other solar projects in Fresno County and Sacramento County.

The Stanford Daily