The Latest
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Vanguard, TotalEnergies announce joint venture for at least 10 RNG facilities
The companies left open the possibility to expand their partnership to up to 60 organic-waste-to-RNG facilities. The first three facilities will be built on farms in Wisconsin and Virginia.
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Interior unveils plans for up to 12 offshore wind lease sales through 2028
The announcement comes after the sector suffered another setback last week when New York announced it was not proceeding with awards for three offshore wind projects.
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ERCOT launches new planning efforts as 2030 load growth projections soar 40 GW in a year
The growth is being fueled by a range of sectors, including artificial intelligence, data centers, industrial electrification, hydrogen and electric vehicles, said ERCOT President and CEO Pablo Vegas.
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PG&E highlights 100% emissions-free power in 2023 as generation spin-off hits snag
California regulators could vote in May on a proposal to reject Pacific Gas & Electric’s plan to create a separate company with 5.6 GW in non-nuclear generating assets as part of an effort to raise capital.
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5 ways cities can accelerate EV charger deployments equitably
Potential steps include seeking community input, learning from other cities, reducing regulatory barriers and other ideas from participants in the DOE’s Clean Energy to Communities Program.
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Opinion
A single, unified Western power market will deliver affordability, reliability and climate benefits
The expansion of the Western Energy Imbalance Market with a day-ahead market and a new independent governing authority can open major opportunities for customer benefits and increased grid reliability.
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After offshore wind cancellations, New York releases clean energy action plan
“New York is solidifying its leadership role in the offshore wind industry, building the supply chain right here in the state,” Gov. Kathy Hochul said.
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Siemens, Eaton, Cummins among companies to receive 48C clean energy tax credits
Clean energy manufacturers have received $1.9 billion so far under the Inflation Reduction Act-funded tax credit.
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APS, others plan 1-year delay in fines for Western Resource Adequacy Program capacity shortfalls
Supply chain problems, unexpected load growth and extreme weather are challenging efforts to ensure adequate power supplies in the West, according to Avista, Calpine and other program participants.
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Corporate funding in energy storage rises 432% in Q1 driven by 2 deals: Mercom
Two battery manufacturers claimed 83% of the total funding raised in Q1, but the need for new long-duration storage technologies is fueling an overall upward trend, Mercom said.
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Energy storage for grid reliability can increase carbon emissions: University of Michigan study
Energy storage is often pitched as a way to make renewables more reliable and reduce the use of planet-warming fuels, but researchers at the University of Michigan found that it can encourage the use of coal over gas.
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DOE launches $8.8B program to lower home energy costs amid mixed data on electricity inflation
New York is the first state to receive funds through the Inflation Reduction Act’s home energy rebates program; 11 others have applications pending, according to the U.S. Department of Energy.
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EPA awards $7B to 60 low-income solar access programs
The funds will support community solar programs as well as initiatives to provide loans and grants to low-income households looking to install rooftop solar, according to the U.S. Environmental Protection Agency.
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Opinion
The case for electricity transmission competition has never been clearer with today’s inflation
Both the Justice Department and the Federal Trade Commission have found that competitive bidding will improve grid sustainability and resiliency while lowering rates and increasing innovation.
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GM Energy rolls out its first vehicle-to-home EV charging products
Ford offers a similar V2H charging kit for the electric F-150 Lightning, and in December, Volkswagen announced it was launching a V2H pilot program with its partner HagerEnergy in Sweden.
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New York nixes 3 offshore wind projects, notes GE Vernova move to abandon 18-MW turbine
The three canceled projects represented 4 GW of provisionally awarded capacity.
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Solar PPA prices stable for now but expected to rise absent interest rate cut: LevelTen
Wind PPA prices continue to rise as ongoing inflationary pressures limit development and make some new projects unprofitable, according to LevelTen Energy.
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Fusion will beat advanced fission to the grid: Type One Energy CEO
“This is coming sooner than you think,” said Commonwealth Fusion Systems Chief Commercial Officer Rick Needham, who spoke alongside Type One CEO Chris Mowry at the BNEF Summit in New York last week.
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EV, battery projects lead clean energy manufacturing sector in March: E2
Last month showed over $2 billion in investments promising at least 1,660 jobs across five states.
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Venture capital interest in solar plummets amid uncertain financial markets: Mercom Capital
New venture capital funding for solar companies has dropped 81% year over year, and high interest rates may erode investor interest in solar companies for some time, the consulting group says.
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NYISO launches first-in-nation DER integration program in move toward FERC Order 2222 compliance
New market rules by the New York Indepdent System Operator require participating distributed energy resources to be at least 10 kW, which critics say will significantly limit DER participation, at least initially.
Updated April 19, 2024 -
Congressional Democrats press Treasury for ‘well-functioning’ 45U nuclear tax credit
Six House Democrats urged Treasury Secretary Janet Yellen to adopt flexible guidance for the Inflation Reduction Act credit, which benefits existing nuclear power facilities.
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New England states seek federal funds for large-scale transmission, storage buildout
The funding “would be transformational for the development of renewable energy and grid resiliency across the entire Northeast region,” said Massachusetts Director of Federal Funds and Infrastructure Quentin Palfrey.
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Democratic bill mandates FERC interconnection reforms to bring new resources online faster
The bill would help bring new power supply online to address surging demand growth and increasing grid reliability concerns, according to the R Street Institute’s Devin Hartman.
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Earlier derisking is key to offshore wind’s future in the US, Ørsted Americas CEO, others say
But that will extend a project’s lead time, “which is difficult for federal and state policies if people are trying to get these projects deployed as fast as possible,” Ørsted Americas CEO David Hardy said.