The Latest
-
BlackRock, Temasek decarbonization venture raises $1.4B
Decarbonization Partners surpassed its initial goal of $1 billion for its first late-stage venture capital fund.
-
Sponsored by Convergent Energy and Power
15 questions to ask your energy storage or solar-plus-storage partner
As utilities evaluate partners to meet growing demand—it is important to ask key questions that will help you select the right folks to support the energy transition.
-
Extreme winter weather grid performance improves, and 5 other takeaways from FERC’s open meeting
FERC is set to issue new rules for transmission planning and cost allocation at a special open meeting on May 13. “America cannot wait for us to issue these rules,” Chairman Willie Phillips said.
-
MISO capacity prices triple for next summer, spring, partly on power plant retirements
Prices for Ameren Missouri and Columbia, Missouri’s municipal utility jumped to nearly $720/MW-day for the upcoming fall and spring seasons due to expected power supply shortages.
-
IRS issues final guidance for IRA’s clean energy tax credit transferability mechanism
“It is difficult to overstate the significance of today’s announcement for the clean energy market,” said American Council on Renewable Energy President and CEO Ray Long.
-
ERCOT considers demand response, dynamic line ratings to address South Texas transmission constraints
Grid officials say a request for proposals for demand resources would lean on “lessons learned” from a canceled October RFP for 3 GW of winter capacity.
-
EPA finalizes power plant emission rules, but utilities balk at expected need for carbon capture
Electric utilities called the power plant rules “disappointing” and “unlawful” and say the rules will create reliability and affordability challenges.
-
Xcel Energy named in 15 lawsuits over 2024 Texas panhandle fires
Company officials said they will push for federal or state-level legislation to guarantee wildfire insurance for utilities or otherwise limit losses.
-
DOE sets 2-year deadline for federal transmission permitting, cutting average timelines in half
In addition, the Energy Department has tentatively agreed to provide up to $331 million to an LS Power transmission project that could help create a new transmission pathway in the West and deliver wind from Idaho to California.
-
First Solar, QCells and 5 other solar manufacturers seek import tariffs, sparking industry divide
Four clean energy groups warned the petition would create market uncertainty and pose a threat to the domestic solar supply chain.
-
US offshore wind poised for ‘liftoff’ despite recent turbulence: DOE
The sector will achieve “liftoff” when “it is actively contributing to decarbonization targets, with a sustained project pipeline and regular deployment,” the Energy Department said.
-
NRC proposes streamlined environmental reviews for new reactor license applications
If finalized, the proposed rule would apply to any future fission reactor application and could reduce environmental review costs by up to 45%, Nuclear Regulatory Commission staff found.
-
Florida Power & Light doubles planned storage deployments to more than 4 GW over 10 years
Between the FPL solar and storage buildout and other projects, NextEra could operate more than 100 GW of generation capacity by the end of 2026, CEO John Ketchum said Tuesday.
-
JPMorgan warns clean energy transition could take ‘decades or generations’
New research from the U.S. bank pointed to inflation, high interest rates and geopolitical issues as key roadblocks delaying the shift from fossil fuels to renewable energy.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.