Renewables: Page 22
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Treasury finalizes guidance on IRA clean energy tax credits
Solar panel and battery manufacturers can receive a tax credit on a percentage of their production costs until 2033.
By Joelle Anselmo • Updated Oct. 25, 2024 -
Google, AES, others to create marketplace for 24/7 hourly renewable energy certificates
A new form of RECs, called granular certificates, won't replace power purchase agreements but could change where and how renewable energy is generated, LevelTen COO Jason Tundermann says.
By Emma Penrod • Dec. 15, 2023 -
Explore the Trendline➔
Kevork Djansezian via Getty ImagesTrendlineSustainability
Companies are pursuing increasingly ambitous sustainability goals around clean energy, but integrating rising amounts of renewables, minimizing environmental impacts, and achieving carbon reduction targets can be challenging.
By Utility Dive staff -
California appeals court rejects challenge to state’s updated net metering rules
The changes were necessary to modernize California’s grid and “[reduce] the amount customers without solar pay to support the program” — as well as to incentivize solar plus storage, a CPUC spokesperson said.
By Diana DiGangi • Updated Dec. 21, 2023 -
Clean energy developer energyRe raises $1.2B for expansion
The company said it will use the new capital to expand its renewable energy portfolio and advance its goals of decarbonizing cities in the U.S.
By Lamar Johnson • Dec. 14, 2023 -
Opinion
Michigan’s new clean energy package is historic for the country, not just the Midwest
The state is now a test case for the country on how to take a set of bold clean energy policies and realize its goals to decarbonize the electric grid.
By Laura Sherman • Dec. 14, 2023 -
Meta partners with SRP, Ørsted to procure 100% renewable energy for Arizona data center operations
The company will receive the majority of the solar energy Ørsted's 300-megawatt solar farm produces to continue operating its data centers on solar power.
By Joe Burns • Dec. 13, 2023 -
BOEM drops proposed Maryland area from offshore wind auction amid Defense, NASA concerns
Conflicts with Department of Defense and National Aeronautics and Space Administration activity in the lease area rendered offshore wind development there unworkable, but an alternative area will be identified, the agency said.
By Diana DiGangi • Dec. 12, 2023 -
NYC removes zoning restrictions for rooftop solar, energy storage and electrification equipment
The "City of Yes" initiative, which took effect Dec. 11, is expected to help facilitate environmentally friendly retrofits for over 50,000 buildings.
By Joe Burns • Dec. 12, 2023 -
Aspen Creek Power, Oakhurst Energy merge to maximize solar project returns for the long haul
The new company will take solar projects in the Southeastern U.S. from the earliest stages of development to construction to maximize financial returns, incoming CEO Patrick Leibach says.
By Emma Penrod • Dec. 12, 2023 -
US wind installations see slowest quarter in years, with 288 MW connected: report
The third quarter of 2023 was the slowest quarter for wind energy capacity additions that the sector has seen since 2018, according to S&P Global Market Intelligence.
By Diana DiGangi • Dec. 8, 2023 -
Blue hydrogen won’t hit DOE price target without byproduct sales and low fuel costs: report
But the right circumstances could see blue hydrogen, derived from natural gas, sell for $1/kg by 2031, the report says.
By Emma Penrod • Dec. 8, 2023 -
US solar installations hit record 6.5 GW in Q3, but slowdown expected starting in 2026: report
As supply constraints for solar modules ease, the Solar Energy Industries Association and Wood Mackenzie project that limited availability of other components will hamper installation growth.
By Diana DiGangi • Dec. 7, 2023 -
States and federal agencies shouldn’t wait for Congress to act on clean energy infrastructure: report
Clean energy group Evergreen Action released a suite of proposals for speeding up the permitting, siting and approval of transmission projects without an act from Congress.
By Diana DiGangi • Dec. 7, 2023 -
IRA likely spurred growth in smaller solar markets, but grid expansion isn’t keeping pace: S&P
U.S. wind and solar developers plan to build 110.4 GW through 2027, but just 15% of planned projects have begun construction, S&P says.
By Emma Penrod • Dec. 7, 2023 -
US utility-scale solar deployments jumped 107% year over year in Q3: S&P Global
4.1 GW of utility-scale solar connected to the grid in the third quarter of 2023, compared with 1.9 GW connected in the same quarter last year.
By Diana DiGangi • Dec. 6, 2023 -
"Greater Gabbard offshore wind farm" by chpv.co.uk/SSE/RWE is licensed under CC BY 2.0
Offshore wind, long-duration liquid air energy storage could make for good pairing: analysis
The study by Highview Power and Ørsted found the technology could help reduce the curtailment of wind.
By Kavya Balaraman • Dec. 6, 2023 -
Deep Dive
Eversource wary about attracting investor capital as Connecticut moves to forefront of PBR trend
Connecticut utilities’ credit and financials will remain stable or improve when performance-based regulation is fully implemented, just as they did for Hawaiian Electric, said the state’s chief utility regulator.
By Herman K. Trabish • Dec. 5, 2023 -
Alliant, DTE, NextEra, others urge FERC to reject MISO’s proposed interconnection queue cap
The grid operator’s proposed interconnection study cap would create “an unworkable queue that undermines competition, raises rates, and threatens reliability,” renewable energy groups said Monday.
By Ethan Howland • Dec. 5, 2023 -
New York’s new offshore wind solicitation shows state procurements are improving: attorneys
The provisions included in this latest solicitation indicate that states are learning from experience and working to help the financially troubled offshore wind industry, say two K&L Gates attorneys.
By Diana DiGangi • Dec. 4, 2023 -
Federal appeals court upholds FERC action on PJM capacity market rule, sets precedent
The decision by the Third Circuit Court of Appeals offers a “yardstick” for court reviews when FERC is deadlocked and can’t make a decision — a situation that could become more common, ClearView Energy Partners said.
By Ethan Howland • Dec. 4, 2023 -
Sponsored by We Recycle Solar
Why utilities can’t afford to ignore stored solar panels
Market forces are making it unsustainable to store large quantities of solar panels. Having a plan is crucial.
Dec. 4, 2023 -
Opinion
The US could still get to net zero
Reducing nearly 90% of U.S. greenhouse gas emissions by 2050 can be done without any Hail Mary innovations.
By Michael Jung and Adam Agalloco • Dec. 1, 2023 -
New York launches fourth offshore wind solicitation as 130-MW South Fork farm nears completion
“Despite recent events and economic impacts, there are good signs New York remains committed” to offshore wind, said Anne Reynolds, executive director of the Alliance for Clean Energy New York.
By Diana DiGangi • Nov. 30, 2023 -
Michigan Gov. Whitmer signs clean energy package that supports waste to energy, landfill gas
Michigan’s suite of clean energy bills allows the partial use of incineration, landfill gas, natural gas systems with carbon capture and other infrastructure that groups said harms vulnerable communities.
By Jacob Wallace • Nov. 29, 2023 -
Deep Dive
Can ERCOT show the way to faster and cheaper grid interconnection?
With the "connect and manage" process, which doesn’t require network upgrades, the Electric Reliability Council of Texas brought 14.2 GW online in the last two years, more than any other grid operator.
By Ethan Howland • Nov. 27, 2023