EnerKnol’s Visual Primer – Fast-Moving U.S. Offshore Wind Industry Braces for Hurdles as COVID-19 Disrupts Supply Chains

Offshore wind energy, which is key to realize the clean energy transition in several East Coast states, is faced with tough challenges as the COVID-19 pandemic disrupts the global supply chain, affecting project timelines. Delays have the potential to threaten power purchase contracts and federal tax credits that are crucial for project economics.

New Jersey Examines Resource Adequacy Alternatives to Advance Clean Energy Goals

The New Jersey Board of Public Utilities on March 27 opened a proceeding to examine whether the state can achieve its long-term clean energy and environmental goals under the current resource adequacy procurement paradigm. The commission will assess alternatives to the state participating in the regional capacity market administered by PJM Interconnection LLC as the…...

COVID-19 Economic Stimulus Bill Lacks Aid for Renewable Energy Industry

U.S. President Donald Trump on March 27 signed into law the CARES Act, a $2.2 trillion economic stimulus package aimed to provide financial and emergency relief to alleviate the impact of the COVID-19 global pandemic. The rescue package does not include tax credit extensions and direct pay provisions that wind and solar groups sought as…

Modest Carbon Fees Can Achieve Short-Term Emissions Reductions: EIA

Even modest carbon fees can facilitate emissions reductions in the short term, especially in the power sector where natural gas and renewables supplant coal, according to a March 17 report from the U.S. Energy Information Administration. However, once the emissions level linked to coal consumption is reached, the remaining gas- and petroleum-related emissions are harder…...

DTE Electric Revises Long-Term Resource Plan to Include Michigan Commission Recommendations

DTE Electric Company on March 20 filed a revised integrated resource plan with the Michigan Public Service Commission incorporating changes that the agency recommended to the original plan. The new IRP includes a single pathway and eliminates the four possible scenarios in the previous plan, applies higher energy waste reduction targets, and removes unapproved supply-side…...

FERC Proposes Revisions to Transmission Incentive Policy with Focus on Project Benefits

The Federal Energy Regulatory Commission on March 20 proposed revisions to its electric transmission incentive policy to spur investment in the infrastructure needed to support the evolving generation mix, increasing number of new resources seeking transmission service, and changes in load patterns. The commission proposes a shift in its incentive analysis to grant incentives based…...

U.S. Wind, Solar Developers Brace for Project Delays as COVID-19 Crisis Disrupts Supply Chain

Solar and wind developers are faced with tough challenges as the COVID-19 pandemic disrupts the global supply chain, affecting project timelines. Delays have the potential to threaten power purchase contracts and federal tax credits that are crucial for project economics. The crisis has triggered an economic slowdown as governments take measures to curb the advance of…

NextEra Wins Approval for 300-Megawatt Wind Farm in South Dakota

The South Dakota Public Utilities Commission issued a permit allowing Crowned Ridge Wind II LLC to build a 301-megawatt wind energy facility in Codington, Deuel, and Grant counties, according to a March 18 press release. The $425 million project consists of 132 wind turbines spanning about 70,000 acres east of Watertown. The developer has entered…...

EnerKnol’s State Policy Playbook: Virginia Joins Top Tier of U.S. States Advancing Climate Action

Virginia has become the first state in the South to begin a clean energy transition with the passage of a sweeping energy bill that sets the state on the path to carbon-free power by 2050. The law replaces the voluntary renewable energy portfolio program with a mandatory standard, and paves the way for an enormous expansion of wind and solar power, energy storage, and energy efficiency.

New York Selects 1.3 Gigawatts of Wind, Solar in Third Large-Scale Renewable Procurement

Democratic Governor Andrew Cuomo on March 16 announced the selection of 21 large-scale solar, wind, and energy storage projects totaling 1,278 megawatts in the state’s latest annual solicitation for large-scale renewable energy capacity. The awards, which represent $1 billion in state investment, include projects that offered bids 23 percent lower than those received three years…...

Invenergy Wins New York Approval for 290-Megawatt Wind Generation Project

The New York State Board on Electric Generation Siting and the Environment on March 13 granted a permit, allowing Canisteo Wind Energy LLC, a subsidiary of Invenergy LLC, to construct a 290.7-megawatt wind generating facility in Steuben County. The project is expected to generate up to $60 million in local property tax revenues over 20…...