Renewables: Page 59
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WEC Energy Group expands carbon reduction goals, targeting net zero by 2050
The Wisconsin-based regional utility will spend more than $4 billion through 2025 on new solar, wind, battery storage and other clean energy projects.
By Scott Van Voorhis • May 4, 2021 -
Google to power Virginia data centers with 24/7 clean energy from AES
The partnership "lays a blueprint for other companies to decarbonize their own operations," Google said.
By Iulia Gheorghiu • May 4, 2021 -
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 -
Opinion
A grand bargain for decarbonizing the US electricity sector
The fundamental political challenge for a zero carbon power sector likely boils down to the need for compromise between states that have long-term greenhouse gas emission reductions goals and those that do not.
By Fredrich Kahrl and Jim Williams • May 4, 2021 -
Solar industry launches supply chain transparency tool amid pressure to ensure ethical component sourcing
The Solar Supply Chain Traceability Protocol was developed in response to reports of human rights abuses in China, where much of the world's polysilicon is manufactured.
By Jean Haggerty • May 4, 2021 -
Deep Dive
As utilities match CCAs on price, aggregators increase climate action, grow economies of scale to compete
With stranded costs and other charges keeping CCA bills and utility bills comparable, municipal and community aggregations are challenging utilities on renewables and climate targets to grow their customer base.
By Herman K. Trabish • May 4, 2021 -
NREL app expected to significantly speed up US residential solar permitting
A new app designed by NREL will address a key concern among solar contractors with near-instantaneous permit decisions for residential installations in the majority of U.S. jurisdictions.
By Emma Penrod • May 3, 2021 -
South Carolina regulators reject Dominion net metering proposal, siding with solar industry
Solar advocacy groups had criticized Dominion Energy's net metering plan for the additional costs it would impose on new rooftop solar customers.
By Iulia Gheorghiu • April 29, 2021 -
PJM proposes to end FERC MOPR policy that raised prices for state-subsidized resources
Under the grid operator's plan, the minimum offer price rule would no longer apply to state-subsidized resources in capacity auctions. But some competitive suppliers are calling for a replacement market design.
By Catherine Morehouse • April 29, 2021 -
DOE offers over $8B in transmission loans for clean energy projects
An independent analysis identified 22 "shovel-ready" transmission projects in the U.S. that would require over $33 billion of investments to bring more than 60 GW of clean energy online.
By Iulia Gheorghiu • April 28, 2021 -
Decades-long decline in rural infrastructure could pose barrier to coal transition, NGO panel finds
A new report by Resources for the Future and Environmental Defense Fund suggests policymakers must adopt a multipronged approach to ensure an equitable energy transition. Experts say the U.S. has limited time to act.
By Emma Penrod • April 28, 2021 -
Retrieved from Twitter.Deep Dive
Biden's $2.3 trillion infrastructure plan meets power system needs but leaves room for political dealing
The Biden infrastructure spend would rapidly transition the U.S. power sector in ways utilities like, but Congress is expected to seek changes.
By Herman K. Trabish • April 28, 2021 -
GE Renewable Energy reports $234M Q1 loss, despite orders and revenue growth
Revenues for the comany's renewables arm came in at $3.25 billion last quarter, about 2% above Q1 2020. By comparison, Q1 revenues for the power division were $3.6 billion, 12% below the year-ago quarter.
By Jean Haggerty • April 28, 2021 -
Musk touts Tesla's move to only sell home solar and storage together, admits mistakes with solar roof
The combination will streamline installation by ensuring that all the power generated goes to the battery system before reaching the house's circuit breaker, while also making strides to shore up the grid, Musk said.
By Jason Plautz • April 27, 2021 -
States ask FERC to eliminate MOPR, grant more flexibility in pursuing alternatives to PJM capacity market
New Jersey and Illinois are actively considering using the fixed resource requirement as a way to pursue clean energy outside the PJM Interconnection's capacity market.
By Catherine Morehouse • April 26, 2021 -
Deep Dive
California's dilemma: How to control skyrocketing electric rates while building the grid of the future
New ideas include income-based rates, publicly-funded infrastructure, utility entrepreneurship, and customer-funded wildfire insurance.
By Herman K. Trabish • April 26, 2021 -
GE, others see hybrid storage as 'the future' of grid reliability but face technology, optimization challenges
Interconnection rules and regulations also remain a barrier, but advocates see massive potential for pairing renewables and batteries.
By Jason Plautz • April 26, 2021 -
Cleantech incubator part of Houston's goal to be 'energy transition capital'
One year after the city unveiled its Climate Action Plan, the incubator said it has 30 startups ready to move into its 40,000-square-foot Greentown Labs space.
By Chris Teale • April 23, 2021 -
Citigroup sees $2-4 trillion clean energy spending gap; analysts weigh private capital's ability to fix that
The rapid growth of renewables will help close that gap, an attorney said Wednesday during a webinar hosted by Our Energy Policy, but more consistent policies are needed to ensure carbon emissions are eliminated, panelists said.
By Emma Penrod • April 23, 2021 -
Sen Wyden proposes bill ending fossil fuel tax breaks, boosting clean energy incentives
The technology-neutral policy would create tax incentives for resources that emit zero or net-zero emissions.
By Catherine Morehouse • April 22, 2021 -
LevelTen: Renewable PPA prices maintain upward trend as permitting, interconnection bottlenecks delay new projects
Despite some quarter-to-quarter variation in wind markets, overall PPA prices continue their upward trend, according to the latest PPA marketplace report.
By Emma Penrod • April 21, 2021 -
Corporate funding for solar surges in Q1, but venture capital eyes are on storage, Mercom finds
"Everyone expects positive outcomes" in renewable energy based on the Biden administration's policy support and the recent economic recovery, said Mercom Capital CEO Raj Prabhu.
By Emma Penrod • April 21, 2021 -
Opinion
As climate concerns grow, how is it getting cheaper to finance gas in the US?
These transactions speak volumes about what financial institutions believe or don’t believe about the energy transition in the U.S. and its inherent risks, the author writes.
By Justin Guay • April 20, 2021 -
Democrats tested over boosting transmission, not pipelines, as bill directs FERC to improve regional planning
One political hurdle in transmission policy is how to heighten regulatory pressure on the pipeline sector while building electric transmission as efficiently as possible, said Rep. Sean Casten, D-Ill.
By Catherine Morehouse • April 20, 2021 -
Clean energy jobs 'hit hard' by COVID-19 in 2020: report
Research from Environment Entrepreneurs found the sector shed 307,000 jobs but rebounded in the second half of the year — and could be set for a major recovery in 2021.
By Chris Teale • April 20, 2021 -
Equitable energy transition will require more than funding and job training, researchers say
Utilities, governments must take steps to ensure clean energy jobs provide stable, middle-class earnings, researchers say.
By Emma Penrod • April 19, 2021