Renewables: Page 40
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California’s urban roofs provide more value for community solar+storage than rural areas: report
State and federal incentives could help “ensure that not all of our community solar is getting built in the cheapest areas out in rural locations,” said a solar developer’s Western policy director.
By Ysabelle Kempe • June 13, 2023 -
Duke Energy sells 3.4-GW commercial renewables business to Brookfield for $2.8B
The utility company said it plans to use the proceeds to strengthen its balance sheet and focus on growing its regulated business.
By Diana DiGangi • Updated Oct. 26, 2023 -
Explore the Trendlineâž”
Joe Raedle via Getty Images
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 -
Regulators are changing the game just as ESG investing gets its bearings: ACORE panel
ESG funds have exploded in popularity in recent years, but their success has attracted backlash from politicians and increased oversight from regulators, finance experts said.
By Emma Penrod • June 9, 2023 -
An IRA renewables boom amid economic uncertainty will require reimagining financing, say bankers
Financing the number of proposed renewable energy projects “is going to stress the entire banking system unless we start to bring in other investors, like insurance companies,” said Wells Fargo executive Alok Garg.
By Diana DiGangi • June 9, 2023 -
Consumer groups, R Street urge FERC to expand interconnection reform proposal to increase savings
“Rapidly escalating interconnection costs are being heavily incurred by consumers,” the R Street Institute’s Devin Hartman said.
By Ethan Howland • June 9, 2023 -
Washington regulators conditionally approve Puget Sound Energy’s 63% clean electricity by 2025 target
The interim target is part of Puget Sound Energy’s first-ever clean energy implementation plan, required by state legislation passed in 2019.
By Kavya Balaraman • June 9, 2023 -
Post-IRA optimism continues for renewable energy developers, but have expectations soared too high?
Implementation of the Inflation Reduction Act is proceeding apace, but unrealistic expectations for how quickly the U.S. can develop transmission and a domestic supply chain abound, experts say.
By Emma Penrod • June 8, 2023 -
Deep Dive
As states differ on the benefits of Bitcoin, is there a solution to its climate and power-system impacts?
Bitcoin miners’ 24/7 electricity need and financial focus raise red flags for climate activists about increased fossil fuel use, but some miners are starting to see a new solution in clean energy.
By Herman K. Trabish • June 8, 2023 -
Offshore wind news and policy: Tracking the latest US developments
Updates include Congressional budget legislation that would slash clean energy tax credits that could support offshore wind projects.
By Diana DiGangi and Jasmine Ye Han • Updated June 26, 2025 -
As offshore wind projects and policies grow, floating turbines will be key to Biden’s 30 GW by 2030 goal
With 16 farms under construction, offshore wind in the U.S. has “achieved key momentum,” says the Department of Energy’s offshore wind lead, Jocelyn Brown-Saracino.
By Diana DiGangi • June 6, 2023 -
Constellation sets hydrogen-gas plant blending record, but more advances needed for utility-scale use: experts
Constellation Energy’s Hillabee Generating Station ran on 38% hydrogen during a May 18 test, setting new expectations for the fuel’s potential to reduce emissions from gas-fired power plants.
By Emma Penrod • June 5, 2023 -
Hundreds of US localities restrict renewables siting, with 293 projects currently contested: Columbia report
”Local opposition to renewable energy facilities is widespread and growing,” according to the report.
By Diana DiGangi • June 5, 2023 -
As Google, Meta, others ramp up clean energy buying, ‘carbon matching’ offers cheapest path: report
Companies have contracted for 77 GW of clean energy in the U.S., up from about 10 GW in 2017, and are seeking expanded options for buying more emissions-free electricity.
By Ethan Howland • June 5, 2023 -
AI, climate change, fuel cells among energy transition ‘disconnects’ for utilities: Morgan Stanley
“Not all incumbent utilities will gain from the energy transition,” analysts said in a report issued Wednesday. Those that could be challenged include Consolidated Edison, Entergy and NextEra.
By Ethan Howland • June 2, 2023 -
IHG ups sustainability efforts with community solar offerings for US hotels
IHG will provide renewable energy certificates to participating hotels, furthering the company’s 10-year march toward a 46% energy emissions reduction target.
By Noelle Mateer • June 2, 2023 -
Treasury issues further guidance for IRA’s $10B tax credit incentivizing clean energy manufacturing
The 48C investment tax credit and a related manufacturing tax credit, 45X, are “very substantial” credits that many companies aren’t aware of, said Moss Adams partner and certified public accountant Peter Henderson.
By Diana DiGangi • June 1, 2023 -
Record Q1 global wind turbine orders suggest US installation downturn is poised to end: WoodMac
Installations have yet to catch up with prior records, but an uptick in order activity suggests the industry has begun to turn a corner, a Wood Mackenzie analyst said.
By Emma Penrod • June 1, 2023 -
Environmental review of offshore wind in Gulf of Mexico finds ‘no significant impacts’: BOEM
The next step in the leasing process for the Gulf is for the Bureau of Ocean Energy Management to issue a final sale notice, which it plans to do later this year.
By Diana DiGangi • May 31, 2023 -
Opinion
Full industrial electrification could more than double US power demand. Here’s how renewables can meet it.
Accelerating industrial electrification requires policymakers to ensure increased electricity demand is supplied with new least-cost clean generation in rural areas with high-quality renewable resources.
By Eric Gimon • May 31, 2023 -
Eversource sells 50% stake in offshore wind lease to partner Ørsted as it seeks a buyer for 3 other sites
CEO Joe Nolan said Eversource remains “fully committed to being a catalyst to the region’s clean energy transition” as its regulated companies build facilities to transmit more than 9,000 MW of offshore wind generation.
By Stephen Singer • May 26, 2023 -
Interior Department advances permitting for NV Energy Greenlink transmission projects
Greenlink West and Greenlink North would connect a total of up to 8 GW of renewable energy to the Western grid, the Bureau of Land Management said.
By Diana DiGangi • May 26, 2023 -
2023 global solar investment projected to overtake oil for the first time: International Energy Agency
The IEA expects more than $1.7 trillion will be invested in clean energy around the world in 2023, versus about $1 trillion in fossil fuels.
By Diana DiGangi • May 25, 2023 -
Enel chooses Oklahoma as home of first US solar panel factory
The more than $1 billion project will have up to 3 GW of production capacity by 2025, with the possibility of a future expansion to 6 GW.
By Kate Magill • May 23, 2023 -
Federal judge dismisses whale case, upholds permits for offshore Vineyard Wind project
Judge Indira Talwani found the case brought against the offshore wind project lacked merit because evidence indicated that it is “unlikely to cause the death of any right whale.”
By Diana DiGangi • May 23, 2023 -
BOEM completes environmental analysis for Ocean Wind 1 offshore New Jersey
The project could add up to 1.4 GW capacity to the grid if fully approved, the Bureau of Ocean Energy Management said.
By Diana DiGangi • May 23, 2023