Week Ahead: NY’s Offshore Wind Supply Chain Plan, Summit’s Carbon Capture Project, ME Examines Rate Stability
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There is a growing focus on regional collaboration to improve transmission planning and operations as grid operators and states explore strategies to enhance system reliability while transitioning to a lower-carbon grid. Recent actions include a comprehensive action plan to connect offshore wind projects to the electric grid and a multi-state proposal to establish a collaborative on interregional transmission.
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The New York State Energy Research and Development Authority on Oct. 24 awarded conditional contracts for three offshore wind and 22 land-based renewable energy projects that have a combined capacity of 6.4 gigawatts. The projects have the potential to power 2.6 million homes and deliver about 12 percent of the state’s electricity needs. The contracts,…...
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Evolving electric system reliability needs that stem from the anticipated unprecedented growth in intermittent resources have prompted a closer scrutiny of resource adequacy (RA) issues. The increasing share of renewables to facilitate a lower-carbon grid, coupled with fossil generation retirements and increased demand for electrification, pose emerging challenges…Read the full report…...
The New York State Public Service Commission on Oct. 12 denied petitions seeking additional funding from consumers for four proposed offshore wind projects and 86 land-based renewable energy projects. The petitions filed by major offshore wind developers and a clean energy group sought amendments to power purchase agreements with the New York State Energy Research…...
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In the face of a rapidly evolving energy landscape, federal and state initiatives continue to support the growth and expansion of energy storage solutions. Energy storage plays a key role in… Read the full report …...
In the face of a rapidly evolving energy landscape, federal and state initiatives continue to support the growth and expansion of energy storage solutions. Energy storage plays a key role in the transition to a zero-emission electric grid by enabling the integration of large quantities of renewable energy while improving grid-operating capabilities.