Timely Federal Review Invigorates Offshore Wind Industry Facing Permitting Challenges

EnerKnol’s Visual Primer – Timely Federal Review Invigorates Offshore Wind Industry Facing Permitting Challenges

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, PRODUCTS, REC Feed, Renewable Energy Credit Market, Renewables, Wind, Wind Power

In a move commended by offshore wind advocates, federal regulators released a much-awaited environmental analysis of the $2.8 billion Vineyard Wind project, which would be the first U.S. large-scale offshore wind project, and other facilities planned along the East Coast. The review is a step forward in the project’s permitting process and critical for the future offshore wind industry as it braces for challenges from the effects of the COVID-19 pandemic and prolonged permitting timelines.

Fast-Moving U.S. Offshore Wind Industry Braces for Hurdles as COVID-19 Disrupts Supply Chains

EnerKnol’s Visual Primer – Fast-Moving U.S. Offshore Wind Industry Braces for Hurdles as COVID-19 Disrupts Supply Chains

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, PRODUCTS, REC Feed, Renewable Energy Credit Market, Renewables, Wind, Wind Power

Offshore wind energy, which is key to realize the clean energy transition in several East Coast states, is faced with tough challenges as the COVID-19 pandemic disrupts the global supply chain, affecting project timelines. Delays have the potential to threaten power purchase contracts and federal tax credits that are crucial for project economics.

Blog preview 2019 11 13

EnerKnol’s Visual Primer – U.S. Offshore Wind Industry Gathers Steam as Northeast’s Climate Goals Ramp Up

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

In the latest sign of the health and growth of the nation's nascent offshore wind industry, state commitments to procure supplies of the energy source rose to nearly 20 gigawatts this year, quadruple the amount of capacity from just two years ago. The burgeoning industry remains upbeat even as federal permitting delays to the nation’s first large-scale project raised concerns of regulatory roadblocks.

Blog preview 2019 08 06

EnerKnol’s Visual Primer – Offshore Wind Farms Spin Up as States Double Commitments

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

Competition among U.S. states eager to take the lead in the nation's still nascent offshore wind sector is fueling growth and bringing the industry to new highs. Turning these goals into reality will be no small feat, as the targets are several hundred times the current installed capacity. Still, this hasn’t dissuaded states from doubling down on offshore wind commitments.

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.

Maryland Lawmakers Pass Legislation to Double Renewable Standard, Examine Pathways for 100 Percent Goal

Maryland Lawmakers Pass Legislation to Double Renewable Standard, Examine Pathways for 100 Percent Goal

EnerKnol Impacts, EnerKnol Pulse, REC Feed, Renewables, Solar, Solar Power, Wind, Wind Power

The Maryland General Assembly approved a bill on April 8 that would raise the state’s renewable portfolio standard to 50 percent by 2030 from 25 percent by 2020. The measure would require a study to create a comprehensive plan to achieve a 100 percent goal by 2040. The legislation adds to the growing list of state-level…...

PJM Files Price Formation Reforms for Proper Valuation of Energy Reserves

PJM Files Price Formation Reforms for Proper Valuation of Energy Reserves

EnerKnol Impacts, EnerKnol Pulse, Power & Utilities, REC Feed, Renewables, Solar, Solar Power, Wholesale Markets, Wholesale Power, Wind, Wind Power

PJM Interconnection LLC on March 29 filed a proposal with the Federal Energy Regulatory Commission to revise its energy and reserve market rules to properly value the energy reserves that support grid reliability by providing the flexibility needed to accommodate the evolving resource mix. The grid operator said that the growing variability of power demand…...

Massachusetts Begins Process for Second Offshore Wind Solicitation of Up To 800 Megawatts

Massachusetts Begins Process for Second Offshore Wind Solicitation of Up To 800 Megawatts

EnerKnol Impacts, EnerKnol Pulse, REC Feed, Renewables, Wind, Wind Power

The Massachusetts electric distribution companies Unitil Corp., National Grid plc, and Eversource Energy, and the state’s Department of Energy Resources proposed a timetable and procedure to solicit and execute long-term contracts for up to 800 megawatts of offshore wind power, according to a March 29 notice from the Department of Public Utilities. The companies are…...

Clean Line Energy Wins Missouri Approval for $2.3 Billion Wind Power Line

Clean Line Energy Wins Missouri Approval for $2.3 Billion Wind Power Line

Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, REC Feed, Renewables, Wind, Wind Power

The Missouri Public Service Commission on March 20 unanimously approved Clean Line Energy Partners LLC’s 780-mile Grain Belt Express transmission system designed to deliver 4,000 megawatts of wind power from Western Kansas to Missouri, Illinois, Indiana, and the neighboring states. The move follows a July 2018 ruling from the Missouri Supreme Court, which found that…...

U.S. Energy Department

Nevada State Lawmaker Proposes Bill to Double Renewable Standard, Set Goal for 100 Percent Carbon-Free Electricity

EnerKnol Impacts, EnerKnol Pulse, Hydropower, REC Feed, Renewables, Solar, Solar Power, Wind, Wind Power

Democratic Senator Chris Brooks introduced legislation on March 18 that would raise Nevada’s renewable portfolio standard to 50 percent by 2030 from the current level of 25 percent by 2025. The bill would also set a goal of achieving all of the state’s electricity from carbon-free resources by 2050. The legislation adds to the number…...

U.S. Added Over 31 Gigawatts of Electric Generating Capacity in 2018, Largest in 15 Years

U.S. Added Over 31 Gigawatts of Electric Generating Capacity in 2018, Largest in 15 Years: EIA

coal, Coal Power, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Fossil Fuels, Natural Gas, Natural Gas, Nuclear, Nuclear Power, REC Feed, Renewables, Solar, Solar Power, Wind, Wind Power

The U.S. added 31.3 gigawatts of generating capacity in 2018, the largest since the 2003 capacity addition of 48.8 gigawatts, according to a March 11 report from the Energy Information Administration. Natural gas accounted for 62 percent of utility-scale additions, while wind and solar photovoltaic represented 21 percent and 16 percent, respectively. Coal accounted for…...

Ameren Missouri to Acquire 157-Megawatt Wind Farm, Bringing Wind Investment to $1 Billion

Ameren Missouri to Acquire 157-Megawatt Wind Farm, Bringing Wind Investment to $1 Billion

EnerKnol Impacts, EnerKnol Pulse, REC Feed, Renewables, Wind, Wind Power

The Missouri Public Service Commission approved an agreement allowing Ameren Missouri, a subsidiary of Ameren Corporation, to own and operate a 157-megawatt wind generation project to be built in Atchison County, according to a March 6 press release. The proposed Brickyard Hills Wind Facility, to be developed by EDF Renewables North America, is expected to come…...