The New York Independent Systems Operator on Sept. 22 released its 2021-2040 System and Resource Outlook providing a comprehensive overview of potential resource development over the next 20 years and potential pathways for transmission and supply investments to transition to a reliable zero-emissions power grid. The report notes that unprecedented levels of investment are required…...
New York Governor Kathy Hochul on Sept. 21 announced the state’s sixth competitive solicitation, seeking 2 gigawatts or more of new large scale renewable energy projects. The projects are expected to have the capability to provide electricity for around 600,000 homes and sustain the conventional speed of state contracted opportunities for private renewable energy developers…....
New York Governor Kathy Hochul on Sept. 20 signed an executive order to expedite attempts to make state operations more sustainable. Moreover, the Governor also declared that state organisations and government departments, accounting for an anticipated $50 billion in funds, have pledged to attain net zero emissions in their investment portfolios by 2040. The announcement…...
The Biden administration on Sept. 15 announced that it will aim to deploy 15 gigawatts of floating offshore wind capacity by 2035 and create a “Floating Offshore Wind Shot” to reduce floating technology costs by over 70 percent by 2035 to $45 per megawatt hour. The initiative targets deep-water lease areas to reach the 15-gigawatt…...
The New York Public Service Commission on Sept. 15 commenced its review of a number of its innovative clean energy programs, incorporating utilities’ endeavour’s under New Efficiency: New York, or NENY and the New York State Energy Research and Development Authority’s Clean Energy Fund, or CEF. Collectively, these initiatives represent approximately $10 billion in customer…...
The 2021 supplier diversity spend reported by Illinois’ six investor-owned utilities showed that of the $5.1 billion spent among the utility companies, 2.2 billion – 44 percent – was diverse spend. The largest investor owned electric, natural gas, water, and sewer companies in Illinois on Sept. 16, presented progress reports at the Annual Utility Supplier…...
The New York Public Service Commission on Sept. 15 approved compliance filings for three major wind and solar projects in upstate New York. The approval allows 602 megawatts worth of clean energy projects to move forward that will benefit the state by reducing the usage of fossil fuels, increasing renewable energy investment, and creating job…...
Utility resource plans continue to manifest the changing power generation mix as more states pursue zero-carbon goals. The shift drives the need for innovative policy initiatives that optimize renewable energy sources and enhance grid reliability.
Across the U.S., policy makers, regulators, and utilities are increasingly viewing energy storage as imperative to enable a transition to greater use of renewable energy, electrify buildings and transportation, and enhance grid reliability.