Renewables: Page 64
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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 -
Explore the Trendline➔
Joe Raedle via Getty ImagesTrendlineTop 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 -
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 -
JPMorgan, Citi follow Bank of America with trillion-dollar ESG pledges
JPMorgan's $2.5 trillion commitment could rebalance the scales. The bank has financed about $317 billion in fossil-fuel activity since 2015, an activist group found. In that time, it has put nearly $210 billion toward green initiatives.
By Dan Ennis • April 19, 2021 -
Deep Dive // Vineyard Wind Project Permitting
As Biden targets 100% clean electricity, strategies emerge to reliably integrate rising renewables
A power system based on portfolios of increasingly cost-effective utility-scale and distributed renewables is emerging and driving new operational and market solutions to make it work reliably.
By Herman K. Trabish • April 19, 2021 -
ConEd, other utilities with biggest decarbonization targets have seen the most progress: SEPA
A Smart Electric Power Alliance survey of 135 utilities found that those with the most ambitious, detailed decarbonization commitments have made the most progress toward their goals.
By Emma Penrod • April 16, 2021 -
Opinion
Gas is failing California. It's time to move on.
Even a state like California can waver in its progress towards clean energy if we let fear take over, the authors write.
By Nina Robertson, Katherine Ramsey and Shana Lazerow • April 16, 2021 -
Duke, Dominion, other utility executives lay out critical steps to achieve decarbonization targets
To continue increasing renewable investments, utilities need to communicate details about what the money is funding and have access to streamlined permitting applications for transmission infrastructure, executives said.
By Jason Plautz • April 15, 2021 -
Facebook meets 100% renewable energy goal with over 6 GW of wind, solar, 720 MW of storage
The tech giant lowered its greenhouse gas emissions 94% from 2017 levels, and it aims to achieve net zero emissions across its entire value chain by 2030.
By Iulia Gheorghiu • April 15, 2021 -
Hawaii top regulator fears potential clean energy project delays could slow closure of HECO oil-fired plant
Hawaiian Electric representatives, however, say the utility is trying to balance a variety of concerns, including from local communities.
By Kavya Balaraman • April 15, 2021 -
Q&A
Taking Charge: FERC Commissioner Christie on his 'across the board' respect for state authority
"The state regulators know much more about their own states than I did as a Virginia regulator and that I will as a FERC commissioner," said Commissioner Mark Christie in a wide-ranging interview with Utility Dive.
By Catherine Morehouse • April 13, 2021