Renewables: Page 48
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Canadian company cleared to build $6B green hydrogen facility with 2 GW wind farm
The project is the first of its kind in Canada, and similar projects are on their way in the U.S., according to an attorney familiar with upcoming hydrogen projects.
By Emma Penrod • Feb. 14, 2023 -
Dominion stops pursuing ITCs for contracted solar, joining Duke in Q4 renewables impairment charge
Dominion CFO Steven Ridge said the company has decided to invest capital elsewhere after using the projects to develop solar expertise that it can use on the regulated side of its business.
By Diana DiGangi • Feb. 10, 2023 -
Explore the Trendline➔
Brandon Bell 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 -
Opinion
Renewables would provide cheaper energy than 99% of US coal plants and catalyze a just energy transition
Investment in lower-cost wind and solar resources is an economic opportunity worth up to $589 billion, providing jobs and tax base to coal communities.
By Michelle Solomon and Mike O’Boyle • Feb. 9, 2023 -
Watershed, Ever.green launch first fixed-price virtual PPA in US with planned 10-MW Texas solar farm
The firms will use a “unique financial structure” to assume frisk on their side, allowing smaller companies to participate in the VPPA.
By Diana DiGangi • Feb. 9, 2023 -
US microgrid market to grow 19% annually through 2027, Wood Mackenzie projects
Microgrids continue to add capacity as green initiatives spur development, but high costs associated with renewable technology remain a challenge, a Wood Mackenzie analyst said.
By Henrik Nilsson • Feb. 8, 2023 -
Opinion
How utilities can prepare for Inflation Reduction Act impacts via bipartisan infrastructure law planning
There is potential for utilities to substantially boost their clean energy efforts, upgrade infrastructure, and improve customer satisfaction, but they must start by developing an integrated plan of action.
By Michael Jung • Feb. 8, 2023 -
Minnesota bill mandating 100% carbon-free electricity by 2040 heads to governor’s desk
The bill also calls for utilities to generate at least 55% of their electricity from renewable energy sources by 2035.
By Megan Quinn • Feb. 7, 2023 -
Solar will provide 54% of new US generating capacity in 2023, with 29.1 GW added, EIA forecasts
Solar projects that were delayed in 2022 are expected to come online this year, giving the industry a record-breaking capacity boost.
By Diana DiGangi • Feb. 7, 2023 -
Texas wind energy freeze-out shows need for better resource adequacy, says NRG VP
Renewable energy underperformed in Texas during the Feb. 1 winter storm but outperformed fossil fuels during December's winter storm Elliott, said NRG Vice President of Regulatory Affairs Travis Kavulla.
By Diana DiGangi • Feb. 6, 2023 -
Opinion
New England policymakers have the tech and funds for energy security. They just need to act.
Distributed renewable energy — especially when paired with energy storage — can provide near-term relief to high power prices while improving reliability.
By Mike Judge • Feb. 3, 2023 -
Solar industry group expects some IRS guidance by Feb. 13 on renewable energy tax credits, with more later
The Solar Energy Industries Association has been daily urging the Biden administration to issue guidance on the tax credit provisions in the Inflation Reduction Act, Director of Regulatory Affairs Ben Norris said.
By Diana DiGangi • Feb. 2, 2023 -
Gov. Hochul proposes allowing New York Power Authority to build, operate renewable energy projects
NYPA could capitalize on billions of dollars in the federal Inflation Reduction Act and help New York meet its renewable energy targets if the legislature acts on Hochul’s proposal, the governor said.
By Stephen Singer • Feb. 2, 2023 -
ChargePoint, Stem strike EV charging and battery storage deal for highway corridor fast-charging networks
Combining charging, battery storage and AI-driven energy management will save money for EV site operators, the companies say.
By Stephen Singer • Feb. 1, 2023 -
First Solar brings US manufacturing investment to $4B after selling out of panels through 2025
The company wants to bring its annual domestic manufacturing capacity to 10.6 GW by 2025.
By Diana DiGangi • Feb. 1, 2023 -
Deep Dive
‘No regrets’ approach to big batteries, green hydrogen and grid reliability urgently needed, analysts say
Advanced batteries and green hydrogen promise long-duration energy storage solutions for “net zero” system reliability, but only regulatory policy and market support can fulfill that promise, industry stakeholders say.
By Herman K. Trabish • Jan. 31, 2023 -
Wind-based PPA prices drop for first time since early 2021 while solar prices continue to climb
The IRA has prompted developers to put more wind projects on the market, but solar remains mired in supply chain and interconnection delays, said renewable energy marketplace LevelTen Energy.
By Emma Penrod • Jan. 31, 2023 -
NextEra charts path for renewables expansion, but campaign finance allegations loom in the background
Florida Power & Light CEO Eric Silagy announced plans to retire, triggering questions during NextEra’s Q4 earnings call about allegations that FPL violated state and federal campaign finance laws.
By Emma Penrod • Jan. 30, 2023 -
Eversource, Equinor, RWE, others bid on New York’s 2-GW offshore wind solicitation
The state's third offshore wind solicitation will be paired with a $500 million investment in the offshore wind supply chain.
By Diana DiGangi • Jan. 30, 2023 -
Opinion
An open letter to the Department of Energy: Enough with the technical assistance
Well-meaning as they may be, EPA and DOE, which are tasked with distributing the funding from the Inflation Reduction Act and bipartisan infrastructure law, can be painfully oblivious to the needs of recipients.
By Alicia Brown • Jan. 30, 2023 -
Proactive transmission planning for offshore wind build-out could save up to $20B, experts say
A new report calls for building out the transmission grid for up to 100 GW of potential offshore wind procurement by 2050.
By Diana DiGangi • Jan. 25, 2023 -
Q&A
QCells’ head of market strategy on the company’s $2.5B expansion of US solar manufacturing
“Demand has certainly exceeded the supply of solar panels available to the U.S. market for several years now,” Scott Moskowitz said.
By Diana DiGangi • Jan. 25, 2023 -
2023 US Power Sector Outlook
2023 promises to be another busy year for the U.S. energy transition as stakeholders move to implement new clean energy measures while tackling growing security, reliability, equity and affordability challenges.
By The Utility Dive Team • Jan. 25, 2023 -
US must invest $22.4B in domestic supply chain to reach 30 GW of offshore wind goal: report
If the U.S. continues to rely on other countries, offshore wind deployment could be less than half the Biden administration’s goal, according to the National Renewable Energy Laboratory and the Business Network for Offshore Wind.
By Emma Penrod • Jan. 24, 2023 -
DOE launches $10M prize to increase community solar in underserved communities
The agency's goal is to enhance a "robust ecosystem" of community solar developers by funding up to 25 winners.
By Diana DiGangi • Jan. 23, 2023 -
Deep Dive
3 big advances coming as distributed energy resources take newer, bigger roles in 2023
Analysts foresee DER growth in 2023 at the wholesale market and retail distribution system levels as communities and local leaders demand more reliability and resilience.
By Herman K. Trabish • Jan. 23, 2023