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

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

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

EnerKnol Impacts, EnerKnol Pulse, REC Feed, Solar, Wind1 Comment

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.…

Kentucky Passes Bill That Could Stall Residential Solar Growth

New York Revises Compensation Policy, Paving Way for 1 Gigawatt of Community Solar

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The New York State Public Service Commission approved refinements to its value stack policy to facilitate better price signals and compensation that will expand opportunities for customers to benefit from community solar projects in their utility service territories, according to an April 18 press release. The agency authorized the New York State Energy Research and Development…

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

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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

coal, Coal Power, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Fossil Fuels, PRODUCTS, REC Feed, Solar, Wind

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

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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…

Maine Regulator Clears Avangrid’s $1 Billion Hydropower Transmission Line

Maine Regulator Clears Avangrid’s $1 Billion Hydropower Transmission Line

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The Maine Public Utilities Commission on April 11 voted unanimously to grant a permit allowing Central Maine Power Company to move forward with its New England Clean Energy Connect transmission project, which is designed to deliver up to 1,200-megawatts of Canadian hydropower into the Northeast. The proposed 145-mile high-voltage power line would cross western Maine…

PacifiCorp Proposes to Allow Net Metering Aggregation for Idaho Solar Customers

PacifiCorp Proposes to Allow Net Metering Aggregation for Idaho Solar Customers

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Rocky Mountain Power, a division of PacifiCorp, proposed a modification to its net metering program for Idaho customers by allowing a once-per-year transfer of financial credits between eligible meters, according to an April 9 press release from the Idaho Public Utilities Commission. The company said that current regulations do not provide for aggregation of accounts…

FERC’s Five-Year Plan Emphasizes Measures to Improve Electricity Market Design, Infrastructure Siting Reviews

New York Grid Operator Selects $1.2 Billion Worth of Transmission Projects to Ease Congestion, Accommodate Renewables

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The New York Independent System Operator Inc.’s board of directors selected two transmission projects, which would add the largest amount of capacity to the state’s power grid in over 30 years, according to an April 8 press release. The grid operator said that the aging and congested transmission infrastructure is not capable of accommodating the…