Renewables: Page 26
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SOO Green underground transmission line between MISO, PJM clears key hurdle with Iowa approval
The proposed 350-mile SOO Green project advances as two Democrats introduce a bill in Congress to spur interregional transmission capacity, partly to bolster grid reliability.
By Ethan Howland • Sept. 18, 2023 -
stock.adobe.com/Tierney
Sponsored by ev.energyNew York’s utilities lead the way to net zero emissions
This week, international leaders from business and government converge in New York City for the 15th annual Climate Week NYC summit.
By Joseph Vellone, Head of North America, ev.energy • Sept. 18, 2023 -
Explore the Trendline➔
Kevork Djansezian via Getty ImagesTrendlineSustainability
Companies are pursuing increasingly ambitous sustainability goals around clean energy, but integrating rising amounts of renewables, minimizing environmental impacts, and achieving carbon reduction targets can be challenging.
By Utility Dive staff -
stock.adobe.com/Prostock-studio
Sponsored by AM ConservationHow Four Seasons of Savings kits offer a personal touch and keep customers engaged
Can you remember the last time you got something in the mail that you didn’t expect, but it ended up being just the thing you needed?
By Jamie Mascarin, Senior Account Executive AM Conservation • Sept. 18, 2023 -
Emerging firm and peaking clean energy tech can slash carbon-free power costs: Google
Corporate clean-energy buyers can help commercialize emerging technologies like next-gen geothermal, carbon capture and storage, advanced nuclear, hydrogen and long-duration storage, Google said.
By Ethan Howland • Sept. 15, 2023 -
Konstantin, Phil. (2008). "Intermountain Power Project". Retrieved from Wikipedia.
Chevron joins Mitsubishi in 300 GWh hydrogen storage project as construction continues
The first phase of the Advanced Clean Energy Storage project will provide fuel for the Intermountain Power Agency's 840-MW blended gas power plant by 2025.
By Emma Penrod • Sept. 15, 2023 -
Moody’s warns of potential power price volatility from renewables oversupply
Reliability costs associated with backstopping renewables could rise to $435 billion a year around the world by 2030, the ratings agency said in a report released Wednesday.
By Diana DiGangi • Sept. 14, 2023 -
MISO: 49 GW has received interconnection approval, but projects face major delays
The roughly two-year delays in building generation and storage come as the Midcontinent Independent System Operator faces looming capacity shortfalls.
By Ethan Howland • Sept. 14, 2023 -
IRA could cut economy-wide carbon emissions by up to 43% by 2030: EPA
In the electric power sector, EPA said that emissions could be reduced by up to 83% below 2005 levels.
By Diana DiGangi • Sept. 13, 2023 -
Google to adopt standardized PPA contract for most renewable energy RFPs after yearlong trial
Trading the conventional open-ended process for a standardized contract cut PPA negotiation time by 80%, Google's head of data center energy said.
By Emma Penrod • Sept. 12, 2023 -
Profile
Taking Charge: Nexamp’s CEO on the ‘existential threat’ of low labor supply and other challenges
Community solar developer Nexamp wants to employ workers from the same historically underserved communities it brings solar to, said CEO Zaid Ashai.
By Diana DiGangi • Sept. 12, 2023 -
Guidance for the IRA’s 45X, other clean energy tax credits will arrive by year end, says Treasury
The department is entering “Phase 2” of implementing the incentives, promising new guidance on 45X, 48C and 30D.
By Diana DiGangi • Sept. 11, 2023 -
As Google, Meta eye clean energy buys, researchers find widely used strategy has scant carbon benefits
Compared with annual matching, 24/7 green power procurements can drive “significant” cuts in carbon emissions and spur emerging technologies like long duration storage, Princeton University researchers found.
By Ethan Howland • Updated Sept. 13, 2023 -
California central buyer proposal could boost Pacific offshore wind industry, advocates say
California has adopted preliminary planning goals to install between 2 and 5 GW of offshore wind by 2030 and 25 GW by 2045.
By Kavya Balaraman • Updated Sept. 18, 2023 -
US solar installations expected to jump 52% to nearly 32 GW in 2023: SEIA
The industry is outperforming SEIA’s March forecast, which predicted the best case scenario would see 2023 installations grow to 28.4 GW.
By Diana DiGangi • Sept. 7, 2023 -
To spur clean energy, transmission buildout, NRDC calls for focus on affected communities
The Natural Resources Defense Council on Wednesday recommended steps to lift clean energy barriers, including quickly designating “national interest” transmission corridors.
By Ethan Howland • Sept. 7, 2023 -
Moody’s downgrades Ørsted outlook to negative amid US offshore wind struggles
Ørsted, the company behind half of the offshore wind farms under construction in the U.S., is willing to walk away from them if financial conditions don’t improve, the company’s CEO has said.
By Diana DiGangi • Sept. 6, 2023 -
Retrieved from Wartsila.
Peregrine Energy bags $700M financing agreement to fund 7 GW storage and renewables pipeline
The funding will help Peregrine bring its project portfolio into operation and enable the firm to capture market arbitrage opportunities and expand into new areas, the company said
By Kavya Balaraman • Sept. 1, 2023 -
Treasury proposes regulations for IRA’s wage and apprenticeship requirements
The proposed rules offer some flexibility to companies struggling to hire enough apprentices or waiting on delayed wage determinations.
By Diana DiGangi • Aug. 31, 2023 -
As Ørsted, others seek up to 71% hike in clean energy contract prices, NYSERDA warns of rate increases
Proposals to raise offshore wind and onshore renewable energy contract prices in New York would push residential rates up by 4% a month, according to a state agency.
By Ethan Howland • Aug. 31, 2023 -
Opinion
Clean energy investment is surging, but success is far from guaranteed
The newfound ambition to build a clean energy economy by mid-century has exposed foundational flaws in approving and connecting energy projects that, if not addressed soon, will make this goal impossible.
By Jason Grumet • Aug. 31, 2023 -
RWE wins auction for Gulf of Mexico offshore wind lease area as 2 tracts near Texas go unsold
The purchased lease area went for about $55 per acre, compared with average sale prices of at least $1,000 per acre in the last four U.S. offshore wind lease auctions.
By Diana DiGangi • Aug. 30, 2023 -
1 year later, EV and battery projects dominate Inflation Reduction Act-driven investment
The solar and wind industries have also seen significant investment spurred by the IRA, while interest in biofuels and energy efficiency has lagged.
By Kate Magill , Julia Himmel • Aug. 30, 2023 -
Falling gas, oil prices unlikely to slow renewables’ growth but could impact hydrogen: S&P
With help from federal incentives for renewables, fossil fuels' share of power generation is expected to drop to 25% in the 2040s despite falling oil and gas prices, according to S&P Global Commodity Insights.
By Emma Penrod • Aug. 25, 2023 -
American Clean Power asks FERC to hold conference on capacity accreditation
Improving the patchwork approach to measuring the reliability value of power plants, energy storage and other resources would bolster the grid, according to the trade group.
By Ethan Howland • Aug. 25, 2023 -
Democratic lawmakers urge TVA to set 2035 net-zero goal in upcoming IRP
The members of Congress pointed to Winter Storm Elliott’s impact on the utility’s service area as a justification for increasing renewables investment.
By Diana DiGangi • Aug. 24, 2023