Renewables: Page 2

DOE to attack CO2 emissions with billions in funding from inflation reduction, infrastructure laws

The Energy Department wants big R&D spending to have CO2 reduction tools ready by 2030, but clean energy advocates see it delivering wealth and prolonged life to fossil fuels and slowing renewables deployment.

By Herman K. Trabish • Aug. 22, 2022

Inflation Reduction Act and the road ahead

The economics of all energy evolution-related technologies is positively impacted and will incentivize adoption across all geographies.

Aug. 22, 2022

Explore the Trendline➔

The Energy Transition to Renewables

New laws, corporate commitments and favorable economics are giving a significant boost to renewable energy in the U.S., but there are multiple headwinds around grid interconnections, transmission, supply chains and trade disputes.

By Utility Dive staff

Inflation Reduction Act could spur American solar manufacturing renaissance, advocates say

New production capacity can dramatically reduce shipping and import costs, which will insulate the U.S. solar and storage industry from global supply disruption, according to SEIA.

By Kavya Balaraman • Aug. 18, 2022

Rising fuel prices, Inflation Reduction Act incentives likely to spur rapid renewable energy growth: S&P

The U.S. was already set to greatly accelerate its deployment of clean energy, but the Inflation Reduction Act introduced a multiplying factor, S&P Global Commodity Insights analysts said.

By Emma Penrod • Aug. 18, 2022

Wind, solar additions slowed in H1 but are expected to jump in next three years: FERC

The Energy Information Administration also recently said renewable energy will likely make up 24% of U.S. power production next year, up from 17% five years ago.

By Ethan Howland • Aug. 17, 2022

Inflation Reduction Act’s 10-year tax credits set to boost wind sector, DOE’s Granholm says

Average wind power purchase prices have inched up to the $20/MWh to $30/MWh range, according to the Energy Department’s annual wind market report released Tuesday.

By Ethan Howland • Aug. 16, 2022

US offshore wind prices fell 13%, to $84/MWh, in 2021 as the project pipeline grew: DOE

The estimated levelized cost of energy for U.S. fixed-bottom offshore wind projects is expected to drop to around $60/MWh by 2030, Department of Energy researchers said in a report issued Tuesday.

By Ethan Howland • Aug. 16, 2022

Solar developer Nexamp to lead National Grid interconnection pilot

Massachusetts solar project developers will design and construct their own distribution upgrades under the terms of the utility's new pilot.

By Emma Penrod • Aug. 16, 2022

Xcel Energy seeks FERC approval to buy 120 MW of Minnesota wind from Allete in $216M deal

The cost for the two projects has increased under commodity price and supply chain pressures, according to Xcel.

By Ethan Howland • Aug. 16, 2022

Utility-scale solar capacity delays hit 20% in first 6 months of 2022: EIA

The Biden administration has taken some steps to ease delays, including a 24-month exemption from tariffs on some solar panel imports. 

By Robert Walton • Aug. 16, 2022

Utility leaders hail clean energy tax incentives as House sends historic climate bill to Biden’s desk

The bill's 15% minimum corporate tax could ding some investor-owned utilities, however.

By Ethan Howland • Aug. 15, 2022

States jockey for position, launch partnerships as they vie for $8B of federal hydrogen funding

Amid an increasingly crowded competition for federal hydrogen funding, states are looking to team up with stakeholders — and with each other — to increase their odds of success.

By Emma Penrod • Aug. 15, 2022

Chicago commits to 100% renewable energy at city facilities by 2025

The power purchase agreement with Constellation involves partially sourcing energy from a yet-to-be-built solar installation.

By Katie Pyzyk • Aug. 15, 2022

Baker signs major Massachusetts climate bill despite concerns over fossil fuel limits, other provisions

The decision to not exempt multifamily housing from the community-level ban on natural gas and other fossil fuels will ensure that low- and moderate-income families continue to be priced out of these towns, Gov. Charlie Baker said.

By Larry Pearl • Aug. 12, 2022

New York regulators OK key National Grid and Invenergy transmission projects, reject NextEra solar farm

The transmission projects support New York’s clean energy goals, but NextEra Energy Resources’ 180-MW North Side solar farm was rejected over environmental concerns. 

By Ethan Howland • Aug. 12, 2022

Solar + storage breaks out in 2021 with installed hybrid systems surpassing standalone storage: LBNL

Hybrid photovoltaics and storage make up about 42%, or 285 GW, of interconnection queues, Lawrence Berkeley National Laboratory researchers said in a report Wednesday.

By Ethan Howland • Aug. 11, 2022

Ford unveils largest-ever renewable energy purchase from a US utility with 650-MW DTE Energy deal

The deal will allow every vehicle Ford builds in Michigan to be assembled with the equivalent of 100% carbon-free electricity 10 years earlier than its global goal, the company said.

By Larry Pearl • Aug. 11, 2022

Ohio Supreme Court upholds permit for what could be North America’s first freshwater wind farm

The project developer said Wednesday it plans to finish marketing the power from the 20.7-MW Icebreaker project in Lake Erie.

By Ethan Howland • Aug. 11, 2022

California adopts 25 GW planning goal for offshore wind by 2045

The regulatory decision is “truly excellent news” for California’s offshore wind industry, one advocate said. 

By Kavya Balaraman • Aug. 11, 2022

Diving into the Inflation Reduction Act’s tax credits and the ambitious plan to reshape the US energy sector

Tax incentives in the plan would stabilize federal energy policy, incentivize domestic manufacturing, and benefit communities impacted most by the changing energy landscape, the author writes.

By Mona Dajani • Aug. 9, 2022

US generating capacity additions expected to double in H2 to 29.4 GW, led by solar and wind: EIA

While solar leads the projected utility-scale additions for 2022 at 17.8 GW, that number is down 3.7 GW since the beginning of the year due to supply chain disruptions, an ongoing tariff investigation and other factors.

By Larry Pearl • Aug. 9, 2022

Dominion Energy mulls appeal of ‘untenable’ performance standard for $9.8B offshore wind project

Meanwhile, the utility has paused hooking up data centers in northern Virginia due to transmission constraints, company officials said Monday.

By Ethan Howland • Aug. 8, 2022

Senate passes Inflation Reduction Act with $369B in energy and climate spending

The House of Representatives is scheduled to vote Friday on the bill, which includes major tax credit provisions to spur emissions-free energy, electric vehicles, nuclear power and clean hydrogen, among other things.

By Ethan Howland • Aug. 8, 2022

Virginia regulators approve Dominion Energy’s 2.6-GW, $9.8B offshore wind farm

The project will be the largest wind farm in the U.S. and the first with diversity hiring requirements, the Sierra Club noted.

By Larry Pearl • Aug. 8, 2022

Duke Energy to consider selling its $4B, 5.1-GW commercial renewable energy arm, CEO Good says

Any earnings from the sale will be used to avoid high-interest debt as the company’s regulated utilities transition to clean energy, company leaders said Aug. 4.

By Emma Penrod • Aug. 5, 2022