Tucson Electric Joins Western Power Market, Expects $13 Million in Annual Savings

Tucson Electric Joins Western Power Market, Expects $13 Million in Annual Savings

Tucson Electric Power Company entered into an agreement to join the Western Energy Imbalance Market from April 2022, according to a May 8 news release from the California Independent System Operator Corporation. Tucson estimates the participation to result in about $13 million in annual energy cost savings for its customers by expanding real-time access to…

California Regulator Adopts Long-Term Resource Plan Seeking 12 Gigawatts of Renewables, Storage

California Regulator Adopts Long-Term Resource Plan Seeking 12 Gigawatts of Renewables, Storage

The California Public Utilities Commission approved a preferred system portfolio that calls for 12 gigawatts of new renewables and storage by 2030, including 1.7 gigawatts of geothermal, according to a May 1 decision. The agency said that geothermal is valuable for balancing the intermittency of wind and solar resources. The plan will require “concrete procurement…

Nevada, Washington, Puerto Rico Join the Tide of 100-Percent Clean Energy States

EnerKnol’s Visual Primer – Nevada, Washington, Puerto Rico Join the Tide of 100-Percent Clean Energy States

Nevada, Washington, Maryland and Puerto Rico are the latest states and territory to strengthen targets for clean energy, showing how momentum is building across the U.S. for policy makers to break away from fossil fuels over the next couple of decades. These new standards brings to five the number of states and territories that are in the advanced stages of hiking renewable goals so far this year.

Washington State Lawmakers Pass Bill for 100 Percent Clean Energy by 2045

Washington State Lawmakers Pass Bill for 100 Percent Clean Energy by 2045

The Washington legislature on April 22 approved a measure requiring the state’s electricity supply to be carbon-neutral by 2030 and 100 percent carbon-free by 2045. The bill now moves to Democratic Governor Jay Inslee’s desk to be signed into law. Inslee said he looked forward to signing the bill, calling it the nation’s most forward looking…

New York’s Third Large-Scale Renewable Purchase Expected to Draw $1 Billion Investment

New York’s Third Large-Scale Renewable Purchase Expected to Draw $1 Billion Investment

Democratic Governor Andrew Cuomo on April 23 announced a solicitation for large-scale renewable energy projects in a series of annual procurements under New York’s Clean Energy Standard, which requires half the state’s electricity to come from renewable energy by 2030. The competition is expected to spur over $1 billion in private investment and support around…

A Second Boom in Wind Power Is Coming to the U.S. as Tax Credit Phase-Out Looms

EnerKnol’s Visual Primer – A Second Boom in Wind Power Is Coming to the U.S. as Tax Credit Phase-Out Looms

U.S. wind power has more than tripled over the last decade, surpassing hydropower to become the nation's single-largest source of renewable capacity, and that's due in no small part to federal tax incentives. The industry is now poised to enjoy one last hurrah from the tax program as the expiration of the credits this year is setting in motion a rush to build about 11 gigawatts of new projects, accounting for the largest expansion of the sector since 2012.

Nevada Passes Bill to Double Renewable Standard, Aim for Carbon-Free Electricity by 2050

Nevada Passes Bill to Double Renewable Standard, Aim for Carbon-Free Electricity by 2050

Nevada State lawmakers unanimously approved legislation on April 19 to boost the state’s renewable portfolio standard to 50 percent by 2030, and set a goal for achieving 100 percent of the state’s electricity from carbon-free resources by 2050. The existing target calls for the state to get 25 percent of supplies from renewables by 2025.…

Massachusetts Regulator Approves Long-Term Contracts for 800-Megawatts of Offshore Wind Power

Massachusetts Regulator Approves Long-Term Contracts for 800-Megawatts of Offshore Wind Power

The Massachusetts Department of Public Utilities authorized power purchase agreements between Vineyard Wind LLC and the state’s electric distribution companies Unitil Corp., National Grid plc, and Eversource Energy for a period of 20 years, according to an April 16 press release. The approval is crucial for the developer to start construction by this year and…

Coal, Nuclear-Heavy States Are Rushing to Renewables as Retirements Pile Up

EnerKnol’s Visual Primer – Coal, Nuclear-Heavy States Are Rushing to Renewables as Retirements Pile Up

Regions across the U.S. that have long served as strongholds for conventional, non-renewable generating capacity — from Georgia and Michigan to Tennessee — are now starting to accelerate the phase out of the legacy assets in favor of sourcing power from wind and solar, showing just how far-reaching the shift to renewables is spreading.

PJM to Hold Capacity Auction Under Current Rules Amid FERC Delay

PJM to Hold Capacity Auction Under Current Rules Amid FERC Delay

PJM Interconnection LLC will proceed with its upcoming capacity auction scheduled to begin on Aug. 14 unless the Federal Energy Regulatory Commission rules otherwise, according to an April 10 filing. The agency has not yet rendered a decision on the grid operator’s proposal filed last year to address the pricing-suppressing effects from the growing influx…