Renewables: Page 74
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Grid operators agree on short-term gas benefits, but say it shouldn't limit renewables growth
"If we get to 100%, we're gonna have to solve some of these really, really challenging problems, but I think that compared to where we are today, we shouldn't let the great be the enemy of the good," PJM Interconnection President and CEO Manu Asthana said.
By Catherine Morehouse • July 22, 2020 -
Enel plans to deploy 1 GW storage capacity across renewable portfolio through 2022
The company started constructing its first North American utility-scale hybrid project in Texas.
By Kavya Balaraman • July 22, 2020 -
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 -
COVID-19 should not prevent utilities from investing in renewables: Xcel CEO
Although transmission "bottlenecks" and other barriers exist "that's just a matter of will, not a matter of the technology or the underlying economics," said Xcel CEO and Edison Electric Institute Chairman Ben Fowke.
By Catherine Morehouse • July 22, 2020 -
New York announces 4 GW renewables solicitation with 2.5 GW offshore wind
The request for proposals could move New York halfway to its goal of having 9,000 MW of offshore wind by 2035 and is the largest renewables solicitation in U.S. history.
By Robert Walton • July 22, 2020 -
Morgan Stanley joins group aiming to measure, reduce climate impact
The move comes less than two weeks after JPMorgan Chase, Bank of America, Goldman Sachs and Wells Fargo were revealed as backers of a renewable energy group's Center for Climate-Aligned Finance.
By Dan Ennis • July 21, 2020 -
UK-based DER company enters North American market as US sits 'on the cusp' of mass transition
As the costs of battery storage drop in North America, a technology company focused on virtual power plants crosses the Atlantic to launch two new projects.
By Emma Penrod • July 21, 2020 -
National Institute of Allergy and Infectious Diseases. (2020). "Novel Coronavirus SARS-CoV-2" [Image]. Retrieved from https://www.flickr.com/photos/nihgov/49565662436/in/album-72157713108522106/.
COVID-19 puts spotlight on equity considerations in utility clean energy, efficiency and relief efforts
Utilities are engaging in programs and actions, including cost shifting, that can bring benefits to low-income customers, according to participants of the NARUC summer policy summit.
By Iulia Gheorghiu • July 21, 2020 -
SMUD aims for carbon neutrality by 2030 in new climate emergency declaration
The Sacramento Municipal Utility District's new goal is aggressive among the 25 other utility commitments to carbon-free or net-zero emissions by 2050.
By Kavya Balaraman • July 20, 2020 -
PREPA CEO sees bright future for embattled utility, but funding, grid mod challenges remain
PREPA plans to develop 1,800 MW of new renewable generation and signed a private sector partnership to manage its grid more efficiently.
By Robert Walton • July 20, 2020 -
FERC finalizes PURPA overhaul in move Glick says "discourages" small solar development
Changes include allowing states to set the rates paid to qualifying facilities at a variable wholesale rate rather than a fixed cost and reducing the size of a project that can qualify for PURPA rates from 20 MW to 5 MW.
By Catherine Morehouse • July 17, 2020 -
FERC shuts down petition to upend net metering, McNamee signals issue could return
Though all four commissioners voted against the petition, Commissioners James Danly and Bernard McNamee issued separate concurrence statements.
By Catherine Morehouse • July 17, 2020 -
New York adopts net metering alternative, delays implementation due to COVID-19
New rules and charges will go into effect in 2022, which solar stakeholders say gives the industry time to recover from the effects of the global pandemic.
By Robert Walton • July 17, 2020 -
BlackRock censures seven utility companies for lack of climate action, warns of other penalties
Analysts say BlackRock's choice to publish a list of over 200 companies it says haven't made sufficient progress on climate change "sends an unmistakable message." But shareholder activism alone won't mitigate climate risk, they say.
By Emma Penrod • July 17, 2020 -
New California regulation could jump-start solar panel recycling sector
The state's upcoming classification of photovoltaic panels as universal waste is expected to allow for greater efficiencies in handling a material stream that is projected to grow substantially in coming decades.
By Matthew Bandyk • July 16, 2020 -
JPMorgan, Bank of America, Wells Fargo, Goldman Sachs back launch of climate finance center
Banks are increasingly seeing the value — not just in optics but in revenue — of environmentally responsible investment.
By Dan Ennis • July 15, 2020 -
Biden outlines $2T plan to invest in renewables, electrification
While Joe Biden explains his vision of climate change as an opportunity for economic growth, a renewable industry report shows positive signs of recovery in the face of COVID-19.
By Emma Penrod • July 15, 2020 -
New McDonald's flagship runs 100% on renewable energy
The new restaurant, located near Disney's All-Star Resorts in Orlando, Florida, is part of the brand's push to reduce greenhouse gas emissions 36% by 2030.
By Alicia Kelso • July 14, 2020 -
Solar VC funding down 74% in H1 2020 amid COVID-19 impacts: Mercom
The sector is not fully recovered from the impacts of the pandemic, but some analysts say the headwinds will only exist for the short term.
By Iulia Gheorghiu • July 13, 2020 -
Deep Dive
Audit of Hawaiian Electric sends a postcard about the future of regulation
The utility's restructuring has supported and streamlined Hawaii's ongoing "transition to a 100% renewable future," the audit reported. But "costs and staffing levels have also increased," often without "a clear role or purpose."
By Herman K. Trabish • July 13, 2020 -
Opinion
3 major policy trends to watch for in China's renewable energy market
National policies have laid a foundation for an open and competitive power market in China, the authors write.
By Cihang Yuan and Daniel Riley • July 10, 2020 -
Deloitte: Intermittent renewables pass COVID-19 grid reliability test
Through mid-June this year, wind and solar energy made up 12% of the total U.S. generation average, up from 10% in 2019, while distributed energy resources and storage is one of the "primary areas" for building new capacity over the midterm.
By Iulia Gheorghiu • July 9, 2020 -
Coal retirements spur 8% drop in 2019 power sector carbon pollution after Duke, Vistra top 2018 emitters: Ceres
Vistra has already retired or announced the retirement of nine coal plants since 2018, a sign of how rapidly the power sector shifted last year
By Catherine Morehouse • July 8, 2020 -
Sunrun closes $3.2B Vivint Solar acquisition
After completing the acquisition in October, Sunrun said it is now working to consolidate costs and realize scale benefits to save about $90 million annually.
By Iulia Gheorghiu • Updated Oct. 8, 2020 -
Deep Dive
Momentum grows for piloting Netflix-like fixed subscription rates, but not everyone's on board
For customers who want predictable bills, pairing automated smart distribution technologies with flat rates can resolve the overuse challenge of traditional fixed bills.
By Herman K. Trabish • July 7, 2020 -
Interior Department to streamline offshore wind permitting, nix unsolicited leasing
The Bureau of Ocean Energy Management plans to issue proposed rules this month to deregulate offshore wind and facilitate more development, according to the Trump administration's Spring Regulatory Agenda.
By Iulia Gheorghiu • July 6, 2020