Renewables: Page 2
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OpinionClean energy tax credit transferability: Hero of the Inflation Reduction Act?
Now that transferability exists for federal tax credits, financiers can unlock the tax equity portion of the capital stack to further fuel early-stage project development.
By Eric Rubinstein • Jan. 5, 2023 -
Courtesy of AES Indiana
Coca-Cola, Walmart and Salesforce call on Indiana utilities to offer green tariffs
Proponents say a green tariff program would make Indiana more attractive to businesses and generate billions in capacity investments.
By Diana DiGangi • Dec. 22, 2022 -
Explore the Trendline➔
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TrendlineThe 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 -
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S&P: Third-quarter wind installations fall to 501 MW, lowest Q3 since 2015
U.S. wind developers completed just three projects in the third quarter after a year in which wind farm construction ground to a halt, according to S&P Global Market Intelligence.
By Emma Penrod • Dec. 21, 2022 -
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Opinion
All I want for Christmas is my PTCs
We have made a choice as a country that our federal energy policy will be brought to you through the Internal Revenue Code as opposed to through other means.
By Raymond L. Gifford and Matthew S. Larson • Dec. 21, 2022 -
New York state climate panel outlines ambitious road map to reduce greenhouse gas emissions
The plan is a “bold, monumental achievement,” New York’s environmental commissioner said, but the head of an industry group said it fails to adequately address reliability.
By Stephen Singer • Dec. 20, 2022 -
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Deep Dive‘Proceed with caution’: Key takeaways from California’s first offshore wind energy auction
A recent lease sale on the West Coast drew lower bids than similar East Coast sales, which experts say reflects the uncertainties the offshore wind industry faces in California. But the lower bids could ultimately benefit ratepayers.
By Kavya Balaraman • Dec. 19, 2022 -
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OpinionFor energy transition equity, communities must run community solar
Not just community solar, but community-owned community solar, provides an example of what a more equitable, decentralized clean energy transition could look like.
By Eric Sippert • Dec. 19, 2022 -
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DOE to offer $750M to spur hydrogen electrolyzer, fuel cell development
The agency is assembling a list of parties interested in projects related to supply chains for electrolyzers and hydrogen fuel cells, according to a notice of intent issued Friday.
By Emma Penrod • Dec. 16, 2022 -
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OpinionWhat would it take for the US to be the leader in floating offshore wind?
The U.S. would need to construct upland port facilities on a scale not seen since the massive ramp-up in ship manufacturing for World War II and speed up processes for leasing, permitting, transmission and interconnection.
By Greg Matzat • Dec. 16, 2022 -
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California lowers compensation rate for rooftop solar, prompting fears of a steep drop in installations
Regulators hope the decision will encourage customers to install storage paired with solar systems to draw more excess energy during the middle of the day and export energy back to the grid in the evening.
By Kavya Balaraman • Dec. 16, 2022 -
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New clean energy investments have topped $40B since the IRA passed, report says
A report from American Clean Power says the solar industry has seen rapid expansion, with domestic solar manufacturing capacity up 300% since the passage of the law in August.
By Diana DiGangi • Dec. 15, 2022 -
Courtesy of PCL Construction
Utility-scale solar installations forecasted to decline 40% in 2022 as supply chain challenges persist
The growth of utility-scale solar has plummeted since 2021, though residential solar has increased 43% compared with the same quarter last year.
By Diana DiGangi • Dec. 15, 2022 -
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Cost concerns could blunt ‘promising’ utility trends on energy storage, smart meters, EVs: Deloitte
“Supply chain snags, rising costs and extreme weather are likely to continue plaguing the power sector,” the consulting firm said in a report.
By Ethan Howland • Dec. 14, 2022 -
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Texas clean energy megaprojects get underway
The state traditionally known for its fossil fuel industry is diversifying its energy production with green hydrogen, blue ammonia and solar builds constructed by Bechtel and others.
By Julie Strupp • Dec. 14, 2022 -
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New Jersey launches competitive solar incentive program, aiming for 300 MW annually through 2026
A state law directed the Board of Public Utilities to double the growth of solar in New Jersey, a directive that it's using to implement multiple new programs.
By Diana DiGangi • Dec. 13, 2022 -
Adeline Kon/Utility Dive
Long-duration energy storage has attracted more than $58B in global commitments since 2019: WoodMac
Project commitments include 57 GW of LDES, which is roughly the equivalent of three times the global energy-storage capacity deployed this year.
By Stephen Singer • Dec. 12, 2022 -
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Deep DiveTransmission as a reliability and affordability strategy drives CAISO and SPP regional market ambitions
Benefits of real-time markets are clear, demand for day-ahead markets is growing and advocates foresee full RTOs coming that could cross seams between East and West interconnections
By Herman K. Trabish • Dec. 12, 2022 -
Courtesy of GE Renewable Energy
OpinionFederal legislation completely changed the energy landscape. How do states take advantage of it?
Implementing recent federal and state legislation will require Illinois and other states to modernize regulation of their energy systems to accommodate the anticipated rapid growth of clean energy.
By Carrie Zalewski, Tetyana Rabczak and Robert Haggart • Dec. 9, 2022 -
US power and utility M&A value falls 29% to $37.9B so far this year amid macroeconomic pressures: PwC
However, renewable energy-related transactions surged after the Inflation Reduction Act became law in mid-August, a trend the accounting firm expects will continue.
By Ethan Howland • Dec. 8, 2022 -
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New bipartisan clean hydrogen bill would advance DOE’s research and development
The bill authorizes programs that would work toward major technological advancements for clean hydrogen and fuel cells.
By Diana DiGangi • Dec. 8, 2022 -
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First West Coast offshore wind lease auction generates $757 million, lagging East Coast result
The revenue is far below that of an East Coast auction earlier this year because of gaps in California’s electricity market and still-developing floating turbine technology, offshore wind advocates say.
By Elizabeth McCarthy • Dec. 8, 2022 -
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Opinion
As abuse allegations proliferate, we must advance human rights across the renewable energy value chain
It’s imperative that renewable energy developers, investors, buyers and producers don’t make things worse for the very communities already enduring the brunt of climate disasters.
By Malayah Redmond • Dec. 8, 2022 -
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California offshore wind auction garners $402M in bids on first day
The West Coast’s first-ever offshore wind energy lease sale could support 4.6 GW of emerging floating turbine technologies.
By Elizabeth McCarthy • Dec. 7, 2022 -
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BLM advances 1 GW of solar in Arizona, sees potential for 31 GW of clean energy on Western public lands
The Interior Department is advancing renewable projects on public lands in the West and seeking comment on an update to its 2012 impact analysis of solar development in the region.
By Diana DiGangi • Dec. 7, 2022 -
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NREL unveils benchmark for tracking long-term cost trends in latest solar and storage price report
New “minimum sustainable price” figures from NREL should help industry and government officials distinguish between short- and long-term price fluctuations in renewable energy, report authors say.
By Emma Penrod • Dec. 6, 2022
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