Renewables: Page 30
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Treasury issues clarifying guidance on the IRA’s energy community bonus credit
The guidance expands the definition of an energy community and the nameplate capacity attribution rule for offshore wind projects.
By Diana DiGangi • March 25, 2024 -
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Sponsored by ScottMaddenHow states are tackling clean heat and what it means for utilities
Among states with greenhouse gas (GHG) reduction targets, several are considering and implementing clean heat standards in which heating applications are examined for potential GHG reduction.
By Andrew Cottrell, Partner, ScottMadden • March 25, 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 -
Permission granted by Convergent Energy and Power, photographer Craig Schattner
Sponsored by Convergent Energy and PowerLocal solar power: how solar pv can transform your utility
Learn how solar PV can support greater energy independence and reduce carbon emissions.
March 25, 2024 -
Retrieved from Senate Energy and Natural Resources Committee livestream.
Senators press FERC nominees on climate, natural gas, transmission cost allocation
Republicans on the Senate Energy and Natural Resources Committee focused on the issue of fuel neutrality and whether the nominees would uphold it.
By Diana DiGangi • March 22, 2024 -
Courtesy of X-energy
Microsoft, Google, Nucor partner on initiative to spur emerging 24/7 clean power technologies
The Advanced Clean Electricity initiative aims for widespread commercial deployment of advanced nuclear, next-generation geothermal and long-duration storage by the early 2030s.
By Brian Martucci • March 21, 2024 -
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Constellation Energy’s $900M green bond is first in US directed at nuclear power, company says
The bond could also be used for “clean hydrogen, energy storage systems, wind repowering and carbon-free energy solutions for Constellation’s commercial customers,” the company said.
By Brian Martucci • March 21, 2024 -
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OpinionUnlocking the power of green hydrogen requires a workable tax credit
The Treasury Department’s draft rules for the 45V clean hydrogen tax credit will slow things to a crawl, doing the opposite of what the Inflation Reduction Act intended, which was to encourage domestic hydrogen production.
By Andy Vesey • March 21, 2024 -
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BOEM proposes 2nd offshore wind auction in Gulf of Mexico
The proposed sale would include two lease areas offshore of Texas that went unsold in the first Gulf of Mexico auction last August.
By Diana DiGangi • March 21, 2024 -
Courtesy of Controlled Thermal Resources
Next-gen geothermal could provide 10% of additional clean, firm power US needs to decarbonize: DOE
Advanced geothermal resources are on pace to meet the Department of Energy’s $45/MWh by 2035 target, according to a new “Pathways to Commercial Liftoff” report.
By Robert Walton • March 20, 2024 -
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OpinionCompanies are missing opportunities with the IRA’s clean energy tax credit incentives
Washington is offering a gift that could be worth billions to corporate America.
By Akshat Kasliwal, Jesse Gilbert and Vy Manthripragada • March 19, 2024 -
Permission granted by ISO New England
New England could see resource adequacy troubles even with billions in investments: ISO-NE
Batteries make up 46% of ISO New England’s interconnection queue, but the grid operator said that as peak demand grows, they may “struggle to recharge during the winter months.”
By Robert Walton • March 19, 2024 -
Courtesy of Toyota Motor North America
US saw $4B in clean energy investments in February: E2
Projects in sectors like batteries and solar panels will create 4,400 jobs across 11 states.
By Joelle Anselmo • March 18, 2024 -
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South Fork Wind becomes first US utility-scale offshore wind farm to complete construction
The completion of Ørsted and Eversource’s 130-MW project gets New York closer to its goal of deploying 9 GW of offshore wind by 2035.
By Diana DiGangi • March 18, 2024 -
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Hydrogen could compete with natural gas by 2030, but there’s a catch: report
Satisfying demand for green hydrogen would require about 700 GW of new renewable energy, according to an analysis by The Brattle Group.
By Emma Penrod • March 15, 2024 -
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First Solar CEO warns senators of ‘collapse’ in solar cell, module pricing
Mark Widmar told the Senate Finance Committee on Tuesday that the “relentlessness of the Chinese subsidization and dumping strategy” has led to a steep drop in solar cell and module prices globally.
By Diana DiGangi • March 14, 2024 -
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DOE’s $750M investment could end hydrogen’s chicken-or-egg problem, EH2 says
The $750 million in hydrogen manufacturing grants could support 1,500 new jobs and the production of 1.3 million tons of clean hydrogen, according to the U.S. Department of Energy.
By Emma Penrod • March 14, 2024 -
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New York City bill would mandate solar panels on public buildings
The legislation would require 100 MW of solar photovoltaic systems to be installed on the roofs of city-owned buildings by the end of 2025, with a broader goal of 150 MW by 2030.
By Nish Amarnath • March 13, 2024 -
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DOE’s ARPA-E faces budget cut, FERC to explore AI and other highlights from Biden’s budget
DOE’s Grid Deployment Office, the Energy Information Administration and renewables research would see budget hikes, while nuclear energy research and development spending would be cut.
By Ethan Howland • March 12, 2024 -
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Renewable energy M&A is entering a new paradigm, LevelTen Energy says
The latter half of 2023 saw a significant slowdown in transactions, which LevelTen Energy believes signals a shift in strategy among renewable energy developers.
By Emma Penrod • March 11, 2024 -
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ASHRAE introduces renewable energy in latest building energy standard
The Department of Energy has affirmed ASHRAE’s updated Standard 90.1, estimating that it will drive energy savings nationwide. States now have two years to certify that they have reviewed and, if needed, updated their codes.
By Nish Amarnath • March 11, 2024 -
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Storage was solar’s co-star in 2023, a record-breaking year for both: American Clean Power
Solar-plus-storage made up 95% of the 11 GW of new hybrid capacity brought online last year, and total hybrid installations rose 90% from 2022 to 2023.
By Diana DiGangi • March 11, 2024 -
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California PUC community solar plan prompts debate over incentives for developers, low-income customers
The California Public Utilities Commission's proposal won't create adequate incentives for developers to build new solar projects, community solar advocates say.
By Emma Penrod • March 7, 2024 -
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Louisiana colleges aim to build state’s offshore economy into a nerve center for wind energy
“We have a number of folks with the right skill sets, the right occupational profiles, who could be redeployed into the wind buildout,” said Lacy McManus of economic development agency Greater New Orleans.
By Diana DiGangi • March 7, 2024 -
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US deployed a record 32 GW of solar generating capacity in 2023: SEIA
Domestic solar module manufacturing capacity nearly doubled last year, from 8.5 GW to 16.1 GW, says a new report from the Solar Energy Industries Association and Wood Mackenzie.
By Diana DiGangi • March 6, 2024 -
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LA City Council plans to streamline solar, battery installation review process
The move, which echoes a similar initiative in New York City, aims to help Los Angeles reach its goal of 100% carbon-free electricity by 2035.
By Joe Burns • March 5, 2024
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