Renewables: Page 20
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Q&ACalifornia, Gulf of Mexico are exciting frontiers, says RWE’s US offshore wind CEO
“What I'm excited about right now is what I see as those signs of maturation, and that momentum building in the offshore wind sector here,” said Sam Eaton, RWE’s Offshore Wind U.S. CEO.
By Diana DiGangi • July 16, 2024 -
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BlackRock updates climate stewardship policies, targeting $150B in funds
The policies will initially apply to 83 European investment funds with $150 billion in assets under management and prioritize sectors and companies “critical” to the clean energy transition.
By Lamar Johnson • July 16, 2024 -
Explore the Trendline➔
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TrendlineTop 5 Stories from Utility Dive
Power demand is rising amid dramatic shifts in federal energy policy, but technology and markets continue to push the grid toward cleaner, more distributed resources.
By Utility Dive staff -
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DOE to deploy over 3,000 solar + storage home systems in 2024 for most vulnerable Puerto Ricans
DOE’s Solar Access Program could incentivize installation of up to 30,000 home energy systems for low-income households facing frequent power outages and other challenges.
By Robert Walton • July 16, 2024 -
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Amazon hits renewable energy goal early, reduces carbon emissions
The e-commerce giant said it met a goal to match all of its electricity consumption with renewable energy seven years early and decreased overall emissions by 3% in 2023.
By Zoya Mirza • July 15, 2024 -
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Cushman & Wakefield, Catalyze partner to increase renewable energy installations
Expanding the use of solar and energy storage technology at U.S. commercial and industrial facilities can reduce emissions and save money, the companies say.
By Nish Amarnath • July 15, 2024 -
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Hydrogen too costly for clean baseload generation but could serve as long-term storage: report
The cost of clean hydrogen-fired generation would far outstrip other forms of clean baseload energy, including nuclear, according to analysis by the Clean Air Task Force.
By Emma Penrod • July 12, 2024 -
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Supreme Court’s Chevron ruling creates power sector uncertainty: Moody’s
“The lack of clarity on future EPA mandates increases uncertainty and makes it more difficult for power companies to determine their most appropriate and cost-effective generation mix,” Moody’s said.
By Ethan Howland • July 12, 2024 -
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New analysis finds potential tariffs could ‘seriously hinder’ US solar deployment: ACORE
Tariffs requested in April by a coalition of solar manufacturers could raise U.S.-made module costs by 10 cents/watt and imported module costs by 15 cents/watt, according to a report from ACORE and Clean Energy Associates.
By Diana DiGangi • July 11, 2024 -
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Dominion to pay $160M for Avangrid offshore wind lease as report describes new industry momentum
An American Clean Power Association report, released Tuesday, forecasts $65 billion in private offshore wind investment in the U.S. by 2030.
By Diana DiGangi • July 10, 2024 -
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DC Circuit vacates FERC Western refund decisions, rejects Duke challenge to network upgrade orders
In separate decisions, PacifiCorp and other power sellers won their case against FERC refund orders stemming from a 2020 Western heat wave while Duke was found liable for network upgrade costs for a proposed solar project.
By Ethan Howland • July 10, 2024 -
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Global solar and wind capacity will more than triple to 8 TW by 2033: Wood Mackenzie
Global energy storage will grow by 636% to add nearly 2,789 GWh of capacity over the next decade, according to WoodMac's latest global market outlook.
By Diana DiGangi • July 9, 2024 -
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Sponsored by Energy ExemplarThe imperative of integrated system planning
Integrated system planning can help transform complexity to achieve a reliable, resilient and decarbonized grid.
July 8, 2024 -
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IRA’s impact grows clearer in H1 2024 as guidance and incentives spur investment
The biggest IRA story of 2024 “is the dollars flowing out the door from the feds to the states, to not-for-profit entities, to municipalities,” AEU's Harry Godfrey said.
By Diana DiGangi • July 3, 2024 -
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BOEM issues key approvals for New Jersey, Massachusetts offshore wind projects
Once completed, Atlantic Shores South will deliver 2.8 GW to New Jersey while New England Wind will deliver 2.6 GW to Massachusetts.
By Diana DiGangi • July 3, 2024 -
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Google invests in BlackRock-owned solar company to aid net-zero goals
The tech giant will invest in the buildout of Taiwan’s clean energy capacity for the rights to procure up to 300 MW of solar power from New Green Power’s development pipeline.
By Lamar Johnson • July 2, 2024 -
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BOEM greenlights lease sales for up to 6.3 GW of Central Atlantic offshore wind
One 101,443-acre lease area is offshore Delaware and Maryland, while the other is 176,505 acres offshore Virginia.
By Diana DiGangi • July 1, 2024 -
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Higher renewables costs, uncertainty show need for diverse energy resources: Lazard report
Lazard’s Levelized Cost of Energy+ report showed tailwinds for energy storage but a notable increase in costs for new-build renewables since 2021.
By Brian Martucci • June 28, 2024 -
Permission granted by Fervo Energy
Fervo, Southern California Edison ink record-setting 320-MW geothermal deal
SCE will buy power from the 400-MW Cape Station project that Fervo is building in Utah, with the initial 70-MW phase of the project expected to be operational by 2026 and the second phase by 2028.
By Diana DiGangi • June 28, 2024 -
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California finalizes plan to meet offshore wind goal of 25 GW by 2045
The strategic plan, released Tuesday, emphasizes the need for a streamlined permitting process, a buildout of port infrastructure and strategies for reducing ecological impacts.
By Diana DiGangi • June 27, 2024 -
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ExxonMobil taps Air Liquide for low-carbon hydrogen project
The industrial gases company will invest up to $850 million to build and operate four air separation units to boost the oil giant’s Texas hydrogen project.
By Zoya Mirza • June 27, 2024 -
Permission granted by American Biogas Council
OpinionAmerica will need 500 TWh more power in 2028. This simple solution could help.
To help solve our grid load dilemma, the U.S. could produce at least 166 terawatt hours of renewable electricity just with the methane captured from biogas projects and recycling our organic waste.
By Patrick Serfass • June 27, 2024 -
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Recheck launches residential solar verification platform with partners SEIA, Sunrun
“I think [lack of trust] is a problem that could get worse, and we want to help the industry come together and stop it in its tracks,” said Recheck CEO Tim Trefren.
By Diana DiGangi • June 26, 2024 -
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IRS finalizes guidance on wage and apprenticeship requirements to increase IRA incentives
By the end of the year, the IRS and the Labor Department also plan to sign an agreement to collaborate on outreach and enforcement for these rules.
By Diana DiGangi • June 25, 2024 -
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BOEM clears Sunrise Wind project offshore New York to begin construction
The 924-MW project is expected to be in operation by 2026, according to developers Ørsted and Eversource Energy.
By Diana DiGangi • June 24, 2024 -
Clean energy, environmental groups urge FERC to reject PJM grid interconnection plan
PJM’s proposal to largely retain its existing interconnection process without changes fails to meet key requirements of FERC Order 2023, according to trade groups and others.
By Ethan Howland • June 24, 2024
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