NY Green Bank Commitments Exceed $900 Million, Driving $2.4 Billion in Clean Energy Investments

California Establishes Centralized Strategy to Procure 10.6 Gigawatts of Clean Energy

The California Public Utilities Commission on Aug. 22 issued a decision establishing a novel centralized strategy to procure clean energy and accelerate the state’s efforts to achieve emissions reduction targets for 2045 and beyond. The decision, which determines the need for centralized procurement of long lead-time resources, intends to streamline the process of securing diverse…...

utility scale electric generation

U.S. Expected to Add Nearly 43 Gigawatts of Generating Capacity During Second Half of This Year: EIA

U.S. power plant operators and developers added 20.2 gigawatts (GW) of utility scale power generating capability during the first six months of 2024, according to an Aug. 19 report published by the U.S. Energy Information Administration. The new capacity is 21 percent or 3.6 GW higher than capacity added during a similar period in 2023…....

EnerKnol Research PU Visual Primer Data Centers 2024 08 20 Blog preview

Visual Primer: Grid Planners Grapple With Ensuring Reliability Amid Unprecedented Projections of Demand Growth From Data Centers

The rapid surge in power demand from data centers has prompted calls for additional capacity to maintain grid reliability. Unlike “electrify everything” initiatives, such as transportation electrification, which are part of broader policy goals and planned through regulatory proceedings, large loads like data centers have emerged unexpectedly.

EnerKnol Research PU Visual Primer PJM Capacity Auction 2024 08 13 Blog preview

PJM Capacity Auction Prices Surge to Record Highs Amid Supply Concerns

PJM Interconnection LLC’s capacity market auction for the 2025/2026 delivery year cleared at $269.92 per megawatt-day (MW-day), about nine times the clearing price in the last auction. The significantly higher prices resulted from…Read the full report…...

Rooftop Solar 8 15 2019

Minnesota Commission Approves Xcel’s Updated Resilient Minneapolis Project

The Minnesota Public Utilities Commission on Aug. 9 granted approval for Xcel Energy Inc.’s updated Resilient Minneapolis Project aimed to bolster resilience in disadvantaged communities. Initially approved in 2022, the purpose of the project is to deploy rooftop solar, battery storage, and microgrid controls at the Minneapolis American Indian Center, Sabathani Community Center, as well…...

EnerKnol Research PU Visual Primer PJM Capacity Auction 2024 08 13 Blog preview

Visual Primer: PJM Capacity Auction Prices Surge to Record Highs Amid Supply Concerns

PJM Interconnection LLC’s capacity market auction for the 2025/2026 delivery year cleared at $269.92 per megawatt-day (MW-day), about nine times the clearing price in the last auction. The significantly higher prices resulted from a reduced electricity supply, mainly due to numerous generator retirements, coupled with rising demand and the implementation of market reforms, according to PJM, which operates across 13 states and the District of Columbia.

solar panels roof solar cell

U.S. Consumers Save $8.4 Billion On Clean Energy and Energy Efficiency Investments During 2023

The U.S. Treasury Department on Aug. 7 reported that over 3.4 million U.S. consumers benefited from $8.4 billion in tax credits to reduce the costs of clean energy and energy efficiency enhancements to their households during 2023. This is the first public release of data from 2023 tax filing displaying the benefit of clean energy…...

U.S. Energy Department Picks Kentucky University for $120 Million Battery Science Program

U.S. Energy Department Announces $63 Million to Modernize Manufacturing, Boost Battery Recycling

The U.S. Energy Department on Aug. 1 announced up to $63 million in funding for state and local governments to expand battery recycling and upgrade U.S. manufacturing. The initiative will accomplish this by creating innovative technologies such as advanced sensors and modeling that is more accessible to small and medium sized manufacturers. The funding, administered…