EnerKnol’s Visual Primer – Nuclear and Renewables Share the Stage as Regulators Look for Zero-Carbon Options

Nuclear power is making its way into clean energy policies as more states embark on ambitious emissions reduction plans. The need to build up carbon-free energy resources in the fight against global warming is driving a number of policymakers to put nuclear power on equal footing with renewable resources.

Mitsubishi Hitachi, Magnum Launch One-Gigawatt Clean Energy Storage in Utah, World’s Largest

Mitsubishi Hitachi Power Systems and Magnum Development on May 30 announced plans to build the world’s largest storage project in central Utah. The project will incorporate 100 percent clean energy storage, deploying utility-scale technologies, which include renewable hydrogen, compressed air energy storage, large-scale flow batteries, and solid oxide fuel cells. Mitsubishi said it has developed…

Colorado Enacts Suite of Climate, Energy Bills, Building Path Toward 100 Percent Renewable Energy

Democratic Governor Jared Polis on May 30 signed a slate of bills that will transform the state’s energy and environmental landscape, and unveiled a roadmap for the state to reach 100 percent renewable energy by 2040. Among the measures, House Bill 19-1261, the centerpiece of the state’s climate policy, sets a goal of achieving emission…

Rhode Island Regulator Approves National Grid’s Contract With 400-Megawatt Revolution Wind Project

The Rhode Island Public Utilities Commission approved a 20-year agreement under which National Grid plc will purchase 400 megawatts of electricity from the Revolution Wind Farm that is being developed by Orsted U.S. Offshore Wind and Eversource Energy, according to a May 28 press release. National Grid will pay $98.425 per megawatt-hour as part of…

Ohio House Clears Bill to Subsidize Nuclear, Repeal Renewable Standards

The Ohio House on May 29 passed legislation that would require electric customers to pay monthly charges from 2020 through 2026 to ultimately raise about $198 million per year, most of which would be passed on in the form of “clean air credits” to rescue FirstEnergy Solutions Corp.’s ailing nuclear plants. Simultaneously, the bill seeks…

New England Wholesale Power Costs Rose by $2.9 Billion in 2018: Annual Report

The total wholesale cost of electricity in the ISO New England Inc.’s markets was $12.1 billion in 2018, about 32 percent higher than the previous year, according to the grid operator’s annual market report released on May 23. The report said that the overall performance of the region’s capacity, energy, and ancillary service markets was…

Maryland Governor Allows 50 Percent Renewable Standard Despite Discontent, Unveils 100 Percent Clean Energy Plan Including Nuclear

Republican Governor Larry Hogan announced on May 22 that he is allowing the Clean Energy Jobs bill, which raises the renewable portfolio standard to 50 percent by 2030, to take effect without his signature, expressing concerns that the measure could send jobs and environmental benefits to other states. Hogan chose to allow the measure to…

New Hampshire State Lawmakers Pass Bill to Spur Low-Income Solar Projects

The New Hampshire legislature approved a measure on May 23 requiring at least two new community solar projects per year in each utility’s service territory to benefit low- and moderate-income ratepayers, starting next year. (SB165) Under the legislation, the host may choose to receive credits on bills for each member and the host, along with a…

California-Quebec Carbon Auction Sells Out, Allowances Clear at Record Highs Signalling Market Stability

The nineteenth quarterly carbon auction held by California and Quebec sold all of the more than 66 million carbon permits offered for current emissions at a record-high $17.45 per credit, above the floor price of $15.62, according to the results released on May 22 by the California Air Resources Board. The auction also sold 100…

Xcel Energy’s Upper Midwest Plan Seeks to Add 3 Gigawatts of Solar, Phase Out Coal by 2030

Xcel Energy Inc. plans to retire its last two coal power plants in Minnesota by 2030, a decade earlier than scheduled, while extending operations of its Monticello nuclear plant until at least 2040, according to a May 20 announcement. The closures are part of the company’s integrated resource plan, which will be filed with the…

New Hampshire State Lawmakers Pass Bill for Five-Fold Increase in Net Metering Project Size

The New Hampshire legislature approved a bill on May 16 aimed to expand the state’s net metering cap to 5 megawatts from the current level of one megawatt. The legislation also includes a provision to prevent reselling of net-metered electricity into the New England wholesale market. (HB 365) The bill passed the legislature by a…