Renewable energy received a boost with the enactment of the federal spending bill and COVID-19 relief package on Dec. 27, which includes tax extenders and about $35 billion in spending authorizations to support energy research and development programs. The legislation includes a two-year extension of the Investment Tax Credit for solar generation, a one-year extension…...
The New Jersey Board of Public Utilities received applications from Denmark-based Orsted A/S and Atlantic Shores Offshore Wind LLC, a joint venture of EDF Renewables North America and Shell New Energies US LLC, in response to the state’s second solicitation launched in September, according to a Dec. 11 news release. The solicitation endears the award…...
The growing adoption of clean energy standards, energy efficiency, and customer-sited resources is driving the need for innovative ratemaking principles. Utilities are exploring rate structures that facilitate the integration of variable and distributed generation, and align customer behavior with grid needs. Smart meters are paving the way for time-based and dynamic rate options to balance the grid under the increased penetration of renewable and distributed energy resources, as well as electric vehicles.
Amid commitments to procure more than 29 gigawatts (GW) of offshore wind capacity by 2035, U.S. states are exploring measures for transmission planning, interconnection reforms, supply chain development, and components production.
With the growing adoption of electric vehicles (EVs), the need for flexible storage resources in the electric grid has drawn increased attention to how well the vehicles can integrate into the grid as temporary batteries. While California is making strides in furthering the utilization of EVs as a grid resource, a handful of states are contemplating the technology in connection with electrification of fleets, and medium- and heavy-duty vehicles.
U.S. President-elect Joe Biden’s energy agenda prioritizes clean energy and climate action, with a far-reaching strategy, which includes rejoining the Paris Climate Agreement, committing to achieve a carbon-free power sector by 2035, and banning new oil and gas permitting on public lands and waters.
The Electric Reliability Council of Texas Inc. expects nearly 83,000 megawatts of resource capacity to be available to meet the projected peak demand of 57,699 megawatts for the upcoming winter season from December 2020 to February 2021. The winter peak demand forecast in the grid operator’s final winter resource adequacy assessment, released on Nov. 5, …...
The Massachusetts Department of Public Utilities on Nov. 5 approved long-term contracts executed by the state’s electric distribution companies to purchase offshore wind power from Mayflower Wind Energy LLC’s 804-megawatt project, which was selected in the state’s second round of offshore wind solicitation last year. The project is expected to provide about 0.1 to 1.8…...
State renewable portfolio standards are a key driver behind the torrid expansion of wind and solar generation across the U.S., responsible for about half of the nation’s deployment of clean energy sources over the last couple of decades, according to the Lawrence Berkeley National Laboratory. Over three dozen states, territories and the nation’s capital have…
Democrat Governor Andrew Cuomo appointed New York City Council Member and former Assembly Member Rory Lancman to the new role of Statewide Special Counsel for Ratepayer Protection, according to an Oct. 30 press release. In the new role, Lancman will assess the performance of the state’s regulated utilities across the electric, natural gas, water, and…...
The Colorado Public Utilities Commission on Nov. 4 opened a proceeding to investigate retail natural gas industry emissions as the state explores ways to meet the requirements of a 2019 law that set statewide goals to achieve emission cuts of 26 percent by 2025, 50 percent by 2030, and 90 percent by 2050, relative to…...
The Western Energy Imbalance market generated $119.3 million in savings in the third quarter of this year, the highest quarterly benefits achieved since the market launched in 2014, according to an Oct. 29 press release from the California Independent System Operator Corporation. This brings the cumulative benefits of the real-time energy market to about $1.11…...
