Alternative Energy

Sep52017

EnerKnol’s Visual Primer – Duke Energy Florida Cancels Nuclear Projects and Turns to Renewables

Duke Energy Florida has reached an agreement with industry and consumer groups to cancel a nuclear project and invest more in solar and grid modernization. Recent similar proposals from major utilities such as Xcel and AEP reflect growing interest in renewable energy. While the trend towards renewables has been largely attributed to state mandates and improving economics, recent developments show that utilities are increasingly perceiving them as opportunities for growth and profit.

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September 5, 2017

Aug232017

EnerKnol Nuclear Subsidy Mapper

Cheap natural gas and the resulting wholesale electricity price declines have squeezed the revenues for nuclear generators, many of which have come under the risk of premature closure due to their inability to compete in the wholesale markets. However, multiple states have expressed support for options to keep nuclear as a low-carbon baseload electricity source in their energy portfolios.

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August 23, 2017

Aug162017

Rhode Island Streamlines Solar Permitting in Clean Energy Bill Package

Rhode Island has enacted a suite of clean energy bills which includes legislation to streamline solar permitting and renewable energy interconnection. Rhode Island thus joins a small group of states that strive to standardize solar permitting, an important step toward reducing the soft costs of solar. Standardizing permitting is likely the next major opportunity for the solar industry which has benefited immensely from cheaper technology and financing.

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August 16, 2017

Aug152017