Renewables: Page 15
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Entergy wins, wind developers lose with MISO, SPP transmission constraints: NBER paper
Without the constraints, two Entergy utilities would have had $930 million less in operating profits in 2022, a possible incentive to oppose new transmission, the paper said.
By Ethan Howland • Jan. 31, 2024 -
DOE invests $254M in industrial emission cuts, decarbonizing technologies
In addition to awarding $171 million to 49 projects, the U.S. Department of Energy said it is accepting applications for $83 million to cut emissions from hard-to-decarbonize industrial sectors.
By Nish Amarnath • Jan. 30, 2024 -
Trendline
The Energy Transition to Renewables
New policy and business actions are giving a significant boost to renewable energy in the U.S., but opposition is growing and grid interconnection, permitting, labor and other challenges remain.
By Utility Dive staff -
Duke, NextEra, other utilities are uneven advocates for climate policy, says nonprofit
Examining the 12 largest electric utilities, corporate sustainability nonprofit Ceres found all of them have lobbied both for and against Paris Agreement-aligned climate policies.
By Diana DiGangi • Jan. 30, 2024 -
Developers rebid offshore wind contracts in New York’s fourth solicitation as Equinor and BP split
Sunrise Wind developer Ørsted also plans to split from project partner Eversource and acquire its 50% stake in the project, if the state approves its proposal.
By Diana DiGangi • Jan. 29, 2024 -
Deep Dive
New solutions emerge to better integrate renewables into the grid, Xcel, Eversource and others say
Requiring the 400+ GW of battery capacity in U.S. interconnection queues to have grid-forming capabilities could enable variable renewables growth “cheaper and faster than adding new transmission,” one expert said.
By Herman K. Trabish • Jan. 25, 2024 -
BlackRock commits $500M to energy storage and solar project developer Recurrent Energy
The investment allows the asset manager to have a 20% stake in the company and marks the inaugural transaction by its fourth climate infrastructure fund.
By Zoya Mirza • Jan. 25, 2024 -
New Jersey approves two offshore wind projects totaling 3.7 GW
“New Jersey now has more than 5.2 GW contracted, marking substantial progress toward its 11 GW by 2040 goal,” the Oceantic Network said in a statement.
By Diana DiGangi • Jan. 25, 2024 -
US solar industry awaits federal moves on interest rates, tax credits as global M&A activity drops 15%
Global corporate solar funding rose to $34.3 billion last year with help from IRA incentives, while high interest rates slowed acquisition activity, said Mercom Capital Group CEO Raj Prabhu.
By Diana DiGangi • Jan. 24, 2024 -
California draft offshore wind plan addresses infrastructure, floating platform challenges
The state estimates that its coast contains 35.8 GW to 59.6 GW of potential offshore wind capacity.
By Diana DiGangi • Jan. 23, 2024 -
NERC issues 3-year plan for setting reliability standards for wind, solar, storage
The plan responds to a Federal Energy Regulatory Commission order driven by concerns about inverter-based resources tripping offline. The new reliability standards are scheduled to take effect by the end of the decade.
By Ethan Howland • Jan. 23, 2024 -
$104M for clean energy projects in 31 federal buildings announced by DOE
The selected projects are expected to save over $29 million in energy and water costs, generating an additional 27 MW of clean energy capacity, the U.S. Department of Energy says.
By Nish Amarnath • Jan. 19, 2024 -
Federal programs create little incentive for companies to make low-carbon hydrogen: IEEFA
Hydrogen producers could gain greater financial benefit from incentives for carbon capture than from the hydrogen production tax credit, which imposes caps on emissions, IEEFA analysts say.
By Emma Penrod • Jan. 19, 2024 -
Deep Dive
Renewable Energy Outlook: Addressing supply chain, project hurdles could see dividends in 2024
It may be a blessing in disguise for the offshore wind industry that so many developers had to delay or cancel projects last year, one attorney said.
By Diana DiGangi • Jan. 18, 2024 -
BLM proposes to open 22 million acres in Western states to solar development
The agency says the proposal would direct development away from sensitive resources and toward transmission lines, but some environmental advocates say the plan would harm pristine habitat.
By Emma Penrod • Jan. 18, 2024 -
Opinion
Enough with disinformation about community solar compensation
Whether for systems on single-family homes and multiunit buildings or in community settings, excessive compensation creates a significant economic burden for the very customers who can least afford it.
By Michael Backstrom • Jan. 18, 2024 -
SRP’s residential rooftop solar program violates PURPA, Vote Solar tells FERC
Federal regulators should launch an enforcement action over Salt River Project’s allegedly discriminatory solar rates, according to Vote Solar and two SRP customers.
By Ethan Howland • Jan. 16, 2024 -
Sponsored by We Recycle Solar
How to craft a better solar panel decommissioning plan
Solar owners need to fully understand the costs associated with decommissioning and put realistic strategies in place.
Jan. 16, 2024 -
Renewables growth puts COP28 goals within reach, but acceleration is needed: IEA
Renewable energy generation is on track to increase 2.5 times by 2030 instead of tripling as it needs to, said the International Energy Agency.
By Diana DiGangi • Jan. 12, 2024 -
US gas-fired capacity to grow, even under 95% carbon reduction scenario: NREL
Fossil-fueled power plants without carbon capture equipment would produce 14% of U.S. electricity by 2050, according to “mid-case” modeling by a DOE laboratory.
By Ethan Howland • Jan. 12, 2024 -
Rhodium: US greenhouse gas emissions fell in 2023, despite economic growth
The power sector had an 8% drop in emissions last year, with natural gas and renewables both seeing increased generation, according to Rhodium.
By Lamar Johnson • Jan. 11, 2024 -
Solar expected to be top source of new US generation through 2025, adding 79 GW: EIA
Solar’s total share of U.S. generation is expected to rise to 7% in 2025, compared with its 4% share last year.
By Diana DiGangi • Jan. 11, 2024 -
DOE lab, Microsoft find new battery material in AI-based energy storage research initiative
“Our collaboration with Microsoft is about making AI accessible to scientists,” said Pacific Northwest National Laboratory Deputy Director for Science and Technology Tony Peurrung.
By Diana DiGangi • Jan. 10, 2024 -
9 US power sector trends to watch in 2024
The U.S. march toward a decarbonized electric system will continue in 2024 as policymakers and others work to balance, climate, reliability, affordability and other goals.
By Robert Walton, Ethan Howland, Diana DiGangi, Larry Pearl, Kavya Balaraman and Emma Penrod • Jan. 10, 2024 -
Opinion
Utilities’ misguided opposition to community solar in California
With billions on the line from the federal government, California’s three largest utilities are actively working to stop the California Public Utilities Commission from issuing an equitable community solar program.
By Sachu Constantine • Jan. 10, 2024 -
BOEM eyes faster offshore wind environmental reviews with first study of multiple lease areas
The agency will combine the reviews of six lease areas located in the New York Bight with up to 7 GW of potential offshore wind capacity.
By Diana DiGangi • Jan. 9, 2024