EnerKnol

EnerKnol’s alternative energy research focuses on non-fossil fuel and renewable energy industries, covering major U.S. policy developments and industry trends. Detailed insight into the alternative energy industry – biofuels, electric vehicles, energy storage, nuclear power, smart grid, solar power, wave energy, and wind power – provides valuable information for market analysts, clean energy investors, manufacturers supplying the alternative energy industry, and utilities incorporating renewables into their portfolios.

Apr62021

Policy Primer: U.S. Offshore Wind Industry April 2021 Update

April 6, 2021

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.

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Dec82020

Policy Primer: U.S. Offshore Wind Industry Update

December 8, 2020

Amid commitments to procure more than 29 gigawatts (GW) of offshore wind capacity by 2035, U.S. states are exploring measures for transmission planning, interconnection reforms, supply chain development, and components production.

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Oct202020

Visual Primer: U.S. Wind Industry Defies COVID-19 Impacts and Shows Rapid Growth Driven by Clean Energy Goals

October 20, 2020

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.

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Aug112020

EnerKnol’s Visual Primer – U.S. Offshore Wind Industry Makes Strides as East Coast States Plan 5 Gigawatts of New Capacity

August 11, 2020

The offshore wind industry continues to progress in the U.S. with East Coast states proceeding with new solicitations to procure capacity to meet their ambitious goals. New York and New Jersey are seeking to add nearly five gigawatts alongside offshore port infrastructure. Massachusetts is considering a bundled solicitation for generation and transmission in its next round of procurement. The industry’s growth has prompted federal regulators to examine whether existing frameworks in regional transmission organizations can accommodate offshore wind integration.

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Jun162020

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

June 16, 2020

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.

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Mar312020

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

March 31, 2020

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.

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Nov132019

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

November 13, 2019

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.

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Aug62019

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

August 6, 2019

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.

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Apr232019

EnerKnol’s Visual Primer – A Second Boom in Wind Power Is Coming to the U.S. as Tax Credit Phase-Out Looms

April 23, 2019

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.

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Apr92019

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

April 9, 2019

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…...

Apr12019

PJM Files Price Formation Reforms for Proper Valuation of Energy Reserves

April 1, 2019

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…...

Mar312019

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

March 31, 2019

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…...

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