The NY Green Bank’s fourth quarter of 2019 was the strongest to date, adding nearly $118 million to its portfolio, according to a Feb. 14 announcement. With portfolio commitments exceeding $909 million, the bank has spurred $2.4 billion in clean energy investments. The bank was established in 2013 to alleviate market barriers, motivating private sector…
The Maine Public Utilities Commission issued a request for proposals from renewable generation resources for the sale of energy or renewable energy credits, according to a Feb. 14 news release. The move stems from legislation enacted in 2019 directing the commission to conduct two competitive solicitations for long-term procurement contracts for an amount of energy…
The New York State Public Service Commission approved the first phase of the New York Power Authority’s Moses-Adirondack Smart Path Reliability Project, which is designed to improve the reliability and resilience of the electric system in Upstate New York, according to a Feb. 6 news release. The project will rebuild facilities that are well past…
Retail electric choice has garnered increased attention as more states are weighing the prospects of opening their electricity markets to retail competition. In states with retail choice programs, regulators continue to strengthen oversight, in a bid to ensure customer protection and satisfactory service from competitive suppliers. Recent actions range from Arizona regulators’ efforts to implement customer choice, to New York’s strengthening oversight of energy marketers, and the Florida Supreme Court’s rejecting an energy choice ballot initiative.
Virginia lawmakers passed the Clean Economy Act on Feb. 11 that sets the state on the path to carbon-free power by 2050, establishes a mandatory renewable portfolio standard, adopts an energy storage deployment target, and strengthens energy efficiency requirements. Among the major provisions, the legislation replaces the existing voluntary renewable energy portfolio system program with…
The South Dakota Public Utilities Commission granted a permit allowing Lookout Solar LLC to construct a 110-megawatt solar generation facility in Oglala Lakota County, according to a Feb. 4 news release. The $100 million facility, spanning an area of about 810 acres on the pine Ridge Reservation, is expected to reach completion in the second…
The U.S. Energy Department will invest $125.5 million to advance research and development of solar technologies that lower costs, increase the competitiveness of manufacturing and businesses, and support grid reliability, according to a Feb. 5 news release. The agency will also spend $43.8 million to support geothermal technologies. The funding opportunities will be made available…
Hydropower is moving to the forefront of clean energy and climate policy debates as a growing number of U.S. states are setting targets to achieve zero-carbon power. About half a dozen state-level laws were enacted last year to establish 100 percent clean energy transition, showing how the nation’s decade-long renewable push is ramping up. Hydroelectricity…
Utilities across North America are investing billions of dollars to decarbonize their power fleets to comply with unprecedented greenhouse gas emission cuts and bold renewable energy targets. The pivot to cleaner and greener power sources is reflected in the integrated resource plans and RFPs that utilities file with state commissions. Keep on top of the…...
A growing number of states are exploring grid modernization to keep pace with fast-evolving technological advances and growing distributed generation. The smart grid concept ties together multiple initiatives ranging from solar-battery microgrids to vehicle-to-grid power flow management, and grid hardening to support reliability and resiliency. It may also include advanced meters, which are a pivotal…...
The prolific growth in distributed energy resources is forcing states to re-examine their policies. State efforts range from modernizing interconnection standards and enhancing distribution system planning, to rewriting solar net metering rules. Keep on top of the latest changes in solar energy policy by accessing EnerKnol’s Quarterly Tracking Table. The Table provides a comprehensive, up-to-date…...
New Jersey is making strides to accelerate the transition to a clean energy economy. Among recent actions, the state released a comprehensive plan for economy-wide decarbonization, enacted a law to boost electric vehicle use targeting 2 million EVs on the road by 2035, and doubled the offshore wind power goal to 7.5 gigawatts by 2035.
