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.
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…...
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.
DTE Electric Company on March 20 filed a revised integrated resource plan with the Michigan Public Service Commission incorporating changes that the agency recommended to the original plan. The new IRP includes a single pathway and eliminates the four possible scenarios in the previous plan, applies higher energy waste reduction targets, and removes unapproved supply-side…...
The Federal Energy Regulatory Commission on March 20 proposed revisions to its electric transmission incentive policy to spur investment in the infrastructure needed to support the evolving generation mix, increasing number of new resources seeking transmission service, and changes in load patterns. The commission proposes a shift in its incentive analysis to grant incentives based…...
Dominion Energy Inc. on Oct. 24 announced a request for proposals for up to 500 megawatts of wind and solar in Virginia under a plan to add 3 gigawatts of renewables in the state by 2022. The company said it will issue annual RFPs to meet the goal. The solicitation is open to onshore projects…
NV Energy Inc. issued a request for proposals for projects of at least 20 megawatts to add 350 megawatts or more renewable energy capacity in Nevada, according to the company’s Oct. 16 press release. The solicitation is open to solar, geothermal, wind, biomass and biogas technologies that comply with the state’s renewable portfolio standards. The…
The Delaware Public Service Commission on July 17 approved the second tranche of Delmarva Power & Light Company’s request for proposal to buy renewable energy credits, or RECs, from wind generation facilities of up to 80-megawatt capacity beginning in 2019-2020 for a 10-15 year term. The RFP is a result of a merger between Exelon…