The Latest
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Record-breaking solar generation in Texas tied to increased load, decreased curtailment: REsurety
Although solar is growing exponentially in Texas, that growth isn't the main driver of this winter's reports of record-breaking solar generation, the consulting firm said.
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Residential solar + storage surged in California after NEM 3.0: LBNL
Other trends include an increase in inflation-adjusted costs for storage attachments, decreases in average system size and notable market share growth among the state’s top installers.
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DC Circuit rejects stay request, paving way for EPA to implement power plant carbon rule
EPA says generators can achieve compliance with carbon capture and sequestration, but that technology “has not been proven at a commercial scale,” said NRECA CEO Jim Matheson.
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‘Still a lot to do’ to improve grid interconnection after FERC Order 2023: Cleanpower panel
Interconnection and transmission planning must become more proactive and less “reactionary,” NYISO Senior Vice President for System and Resource Planning Zach Smith and other panelists said.
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Opinion
Grid modernization plans must consider quantum computing, AI, other innovations
Any policy related to upgrading the grid must include a focus on using new technologies to make the most of these significant investments.
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ISO-NE proposes transmission planning changes to boost states’ ability to reach environmental goals
Electricity demand in New England is growing and the region’s grid operator is considering a host of changes, including to its capacity market, transmission planning and how it will deal with potential energy shortages.
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IRS extends domestic content bonus credit applicability for hydropower, solar
The guidance also aims to “remove unnecessary burdens on taxpayers by allowing them to reference default cost percentages,” said American Council on Renewable Energy President and CEO Ray Long.
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North American utility credit metrics weaken on rising capex, regulatory lag: Morningstar
As regulators seek to balance utility investment needs and consumer affordability, this often exerts downward pressure on the return on equity, analysts at the credit rating agency said.
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State utility regulators grapple with load growth, reliability and permitting amid energy transition
“There are so many priorities that we need to balance,” Michigan PSC Commissioner Katherine Peretick said at a Cleanpower Expo panel.
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Meta to bring 210 MW of solar energy to Indiana
The tech company’s agreement with Solarpack will help deliver renewable energy to support Meta’s operations in the state and build on its decarbonization goals.
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States, feds must do more to mitigate offshore wind risks: Cleanpower 2024 panel
The conversation came as the offshore wind industry works through “a moment of reflection and recalibration,” panelist Doreen Harris, NYSERDA president and CEO, said at the Cleanpower Expo.
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25 GW of new solar to boost summer grid reliability, but extreme heat poses widespread risks: NERC
The North American Electric Reliability Corp.’s summer grid assessment, released Wednesday, concludes that seven regions face an “elevated risk” of energy shortfalls in extended heat waves.
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FERC transmission rule likely boon to consumers, but Christie dissent is a blueprint for litigation, analysts say
The rule also gives state utility regulators an “unprecedented role” in transmission planning and cost allocation, said Christina Hayes, executive director of Americans for a Clean Energy Grid.
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Opinion
FERC Order 1920 is a big step forward on transmission planning, but it is not the end game
The rule provides the raw ingredients to transmission providers and states, FERC Commissioner Allison Clements writes, but the grid of the future will not be built if these entities do not come together and start cooking.
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Voltus, Resideo expand residential virtual power plant to 11M ComEd, PSEG-LI customers
The smart thermostat demand response program will help manage loads in the PJM Interconnection and NYISO regions during grid emergencies, company representatives said.
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AEP Ohio proposes data center, crypto financial requirements amid 30 GW in service inquiries
The proposed tariffs aim to ensure data centers and cryptocurrency operations pay for their share of any transmission buildout needed to serve them in the PJM Interconnection.
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AEP in $315M deal to sell distributed resource business to Basalt Infrastructure funds
While AEP has been moving to sell its unregulated assets, it has decided to retain its AEP Energy competitive power and gas subsidiary, finding it may be able to serve load growth in deregulated states.
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DOE awards $1.7B conditional loan guarantee to Plug Power to build 6 clean hydrogen factories
The loan guarantee, which follows several similar awards to other companies, will help accelerate hydrogen industry growth, according to an industry association.
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Geopolitics, decarbonization driving ascendant nuclear power industry: NEI CEO
Anticipated load growth from data centers, AI and new manufacturing hubs is the latest tailwind for conventional and advanced nuclear, NEI President and CEO Maria Korsnick said Tuesday.
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Global banks have spent $6.9 trillion on fossil fuels since 2016: report
U.S. banks accounted for 30% of the $705 billion private global banks spent on fossil fuel financing in 2023, per the Banking on Climate Chaos report.
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FERC issues landmark transmission planning, cost allocation rule, with dissent over state roles
In a 2-1 vote, the agency’s commissioners disagreed on the role states will have under the rule.
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FERC revises its backstop permitting rules for national interest transmission corridor projects
The agency’s new rule could affect power line projects in 10 transmission corridors the Department of Energy proposed last week.
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Biden hikes tariffs on China-made EVs, batteries, solar cells
The tariffs align with U.S. efforts to get ahead of China in clean energy and advanced technology manufacturing while also increasing supply chain control.
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DTE seeks 120 MW of standalone energy storage in Michigan
The utility plans to have almost 3 GW of energy storage online by 2042, more than doubling its current capacity.
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Clean energy groups praise FERC transmission order but want more reform
American Clean Power Association Vice President of Markets and Transmission Carrie Zalewski called the rule “an important milestone” but added that it “cannot be the finish line.”