A growing number of states are turning to grid modernization initiatives aimed at creating a more flexible system that can accommodate the proliferation of distributed energy resources (DER) and other solutions that meet changing customer needs and climate goals.
The U.S. offshore wind industry is making strides with significant milestones including approval of the first large-scale project in federal waters, federal efforts to advance permitting processes, and actions towards potential development in the Pacific.
States are exploring ways to utilize the multiple benefits that energy storage provides to the grid, from enabling the increased penetration of renewable resources and reducing dependence on emitting generation, to bolstering reliability.
Grid modernization endeavors are progressing at a fast pace as states explore solutions to advance clean energy and climate goals while effectively meeting customer needs. Modernizing the grid is necessary to support the integration of additional levels of renewables, leverage customer-sited resources to participate in grid operations, and empower consumers with more choices for electric service.
Changing power sector trends driven by mandates and goals to achieve carbon-free electricity have renewed interest in the future role of hydropower. As the target years draw near, large-scale hydropower offers an attractive solution to contribute to the evolving generation mix.
Dominion Energy Inc. on April 29 announced a solicitation seeking proposals to develop up to 1,000 megawatts of utility-scale solar and onshore wind generation facilities and 100 megawatts of energy storage projects in Virginia. The company issues solicitations annually to procure the resources needed to meet the targets of the 2020 Clean Economy Act, which…...
Utility resource planning continues to evolve as state regulators take a holistic approach to evaluate the energy delivery process and strive to provide more transparency in the planning process. Carbon reduction is becoming a key component of integrated resource plans (IRPs) amid the influx of distributed energy resources and new renewable generation under various state programs. IRPs provide an evaluation of utilities’ future electricity needs and potential means to meet the requirements.
The prospects of the U.S. offshore wind industry are brightening as East Coast states and the Biden administration step up efforts to harness the potential of carbon-free electricity. The administration has established a goal to deploy 30 GW of offshore wind in the U.S. by 2030. To facilitate the achievement of the goal publicized on March 29, the administration announced several investment and funding opportunities. These include access to $3 billion in funding for offshore wind projects through the Department of Energy’s Innovative Energy Loan Guarantee Program and $230 million in funding opportunity for port authorities and other applicants for infrastructure-related projects through the Department of Transportation’s Maritime Administration.
Utilities across North America are investing billions of dollars to decarbonize their power fleets to comply with unprecedented greenhouse gas emission cuts and bold renewable energy targets. The pivot to cleaner and greener power sources is reflected in the integrated resource plans and RFPs that utilities file with state commissions. Keep on top of the…...
Visual Primer: U.S. Wind Industry Defies COVID-19 Impacts and Shows Rapid Growth Driven by Clean Energy Goals
The growing demand for renewable energy to meet state and utility goals is driving the rapid expansion in the U.S. wind power market. The sector emerged as the top provider of new power generation capacity in 2019, adding about 9.1 gigawatts of large-scale projects.
The New Jersey Board of Public Utilities on Sept. 9 announced the state’s second offshore wind solicitation, seeking 1.2 to 2.4 gigawatts of capacity. The board also approved the final Offshore Wind Strategic Plan, the state’s comprehensive roadmap for reaching the goal of 7.5 gigawatts of offshore wind energy by 2035. The first round resulted…...
EnerKnol’s Visual Primer – Utilities Continue Plans to Accelerate Phase-Out of Coal-Fired Generation
Proposals to accelerate the phase-out of coal-fired generation appear more prominently in long-term resource plans of U.S. electric utilities, reflecting the growing shift to renewable energy. The transition from coal continues to be driven by state clean energy mandates, emissions reduction goals, low natural gas prices, and increased availability of low-cost renewables and storage resources.