Ohio’s Renewable Energy Compliance Requirements

Competitive Suppliers Accounted for 77 Percent of Ohio’s Renewable Energy Compliance Requirements in 2017: Report

EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Power & Utilities, REC Feed, Renewable Energy Credit Market, Renewables, Retail Power, Retail Power and Gas, Solar, Solar Power, Wind, Wind Power

The compliance obligations under Ohio’s renewable portfolio standard have been shifting from electric distribution companies to competitive retail suppliers as consumers are exercising their choice of electric service providers, according to a Feb. 11 draft annual report by the Ohio Public Utilities Commission staff. Competitive suppliers were responsible for about 77 percent of Ohio’s overall…...

New Jersey’s Offshore Wind Funding Rules

New Jersey’s Offshore Wind Funding Rules Paved Way for 1.1-Gigawatt Solicitation, Long-Term Investment: Annual Report

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Adoption of rules establishing a funding structure for offshore wind renewable energy credits set the stage for New Jersey’s first offshore wind solicitation and established the market certainty needed for long-term investment in the industry, according to a Feb. 8 report by the New Jersey Board of Public Utilities, detailing the progress made towards the state’s…...

Green New Deal Resolution Calls for World War

Green New Deal Resolution Calls for World War II Style Mobilization to Fight Climate Change

Climate Change and Emissions, Electric Vehicles, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Solar, Wind

Democratic Senator Ed Markey and Democratic Representative Alexandria Ocasio-Cortez introduced a Green New Deal resolution on Feb. 7 setting out the goals and aspirations of the ambitious plan which seeks to tackle the nation’s contribution to climate change by making it carbon free over just a decade. The resolution calls for unprecedented, World War II-style mobilization of the U.S. economy…

FERC Approves Rules in Midcontinent Grid to Boost Market Access for Energy Storage

New England Forward Power Supply Prices Slump to Six-Year Low, Vineyard Wind Clears Secondary Auction

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The ISO New England Inc.’s annual forward capacity auction cleared 34.8 gigawatts of capacity at a price of $3.80 per kilowatt-month, with adequate resources to meet peak demand in 2022-2023, according to a Feb. 6 press release. The auction was the first to be held under new rules to accommodate entry of state-sponsored resources by…

Michigan Regulators Approve Consumers' Plan for 525 Megawatts of Wind, Reject Solar Over Cost

Michigan Regulators Approve Consumers’ Plan for 525 Megawatts of Wind, Reject Solar Over Cost

EnerKnol Impacts, EnerKnol Pulse, Solar, Wind

The Michigan Public Service Commission approved Consumers Energy Co.’s plan to build new wind generation facilities needed to meet the utility’s voluntary renewable portfolio standard of 50 percent by 2030, but delayed a decision on the company’s request to add 100 megawatts of solar citing unrealistically high cost projections, according to a Feb. 7 press release. As part of…

Renewable Energy Met 28 Percent of New York’s Electricity in 2017

Renewable Energy Met 28 Percent of New York’s Electricity in 2017: NYSERDA

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Renewable energy resources accounted for about 28.1 percent of New York’s electricity generation in 2017, according to a Feb. 7 report from the New York State Energy Research and Development Authority, analyzing progress toward the Clean Energy Standard which requires half the state’s electricity to come from renewable energy by 2030. The 28.1 percent contribution…

New Jersey Launches Largest 'Single-State' Solicitation For 1.1-Gigawatts of Offshore Wind Power

Natural Gas-Fired Generating Capacity Surged 60 Percent in 2018, While Renewable Expansion Slowed: FERC Report

EnerKnol Impacts, EnerKnol Pulse, Natural Gas, REC Feed, Solar, Wind

The U.S. installed about 31 gigawatts of new generating capacity in 2018, up from 27 gigawatts in the prior year, according to the Federal Energy Regulatory Commission’s energy infrastructure update, released on Feb. 5. Natural gas-fired power dominated the capacity additions, accounting for about 20 gigawatts, while wind and solar provided 6 gigawatts and 4.2 gigawatts,…

Texas Solar Capacity to More Than Double This Year

Texas Solar Capacity to More Than Double This Year: Grid Operator

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New utility-scale solar projects totalling 2.1 gigawatts have locked into agreements to connect with the Texas grid in 2019, or enough to more than double the system’s solar capacity, with even larger amounts in store for 2020, according to a Feb. 5 report by the Electric Reliability Council of Texas Inc. While Texas is known for…

DOE Announces $28 Million for Offshore Wind Energy as Sector Takes Off in U.S.

DOE Announces $28 Million for Offshore Wind Energy as Sector Takes Off in U.S.

EnerKnol Impacts, EnerKnol Pulse, Wind

The U.S. Department of Energy will provide $28 million in funding for a research program that aims to develop new technologies for floating offshore wind turbines, according to a Feb. 1 press release. The department recognizes that the U.S. has the potential to lead the world in the development of offshore wind energy, particularly in floating…

New Jersey Launches Largest 'Single-State' Solicitation For 1.1-Gigawatts of Offshore Wind Power

Interstate Power and Light Projects Glut of Renewable Energy Credits in Iowa Over Decade Amid Surging Wind Power

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Interstate Power and Light Company anticipates that over the next decade it will have a surplus of renewable energy credits to the tune of between 1.5 million to 5.5 million per year, relative to Iowa’s current renewable energy requirements, according to a Jan. 31 filing by the Minnesota Public Utilities Commission. Interstate Power and Light…

New York's 'Green New Deal' Aims to Quadruple Offshore Wind, Double Solar in Bid for Carbon Neutrality

EnerKnol’s Visual Primer – New York’s ‘Green New Deal’ Aims to Quadruple Offshore Wind, Double Solar in Bid for Carbon Neutrality

EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, PRODUCTS, REC Feed, Renewables, Solar, Wind, Wind Power

New York Democratic Governor Andrew Cuomo on Jan. 17 unveiled the most aggressive plan of any state to eliminate global warming emissions and achieve 100 percent carbon-free power in just a couple of decades. Cuomo's legislative package, dubbed the "Green New Deal," is designed to put the state on a path to wipe out its carbon footprint by 2040 by slashing the heat-trapping emissions not just in the power fleet, but across the entire economy including the transportation and agriculture sectors and through building efficiency.