BP acquires 9GW US solar portfolio, hands over to Lightsource to develop BP has secured an agreement to acquire 9GW of US solar projects from developer 7X Energy, a deal it says represents “a significant step” towards the company’s target of growing its net developed renewables capacity to 20GW by 2025. The oil and gas … Continue reading #BP acquires 9GW US solar portfolio, hands over to Lightsource to develop
Record 462GW of solar capacity seeking grid interconnection across the US A record amount of solar capacity and energy storage is currently in US transmission interconnection queues, according to a new study from Lawrence Berkeley National Laboratory (Berkeley Lab). At 462GW, solar accounts for most of the total generator capacity in the queues, which reached … Continue reading Record 462GW of solar capacity seeking grid interconnection across the US
CPS Energy Announces Key Milestones In Case Against ERCOT SAN ANTONIO, May 26, 2021 /PRNewswire/ — CPS Energy announced today that it was successful in defeating two key actions brought by the Electric Reliability Council of Texas (ERCOT) in CPS Energy’s case against the state electric grid operator. First, CPS Energy was successful in defeating … Continue reading #CPS_Energy Announces Key Milestones In Case Against ERCOT
Major utilities’ spending on the electric distribution system continues to increase Annual spending on electricity distribution systems by major U.S. utilities continues to increase. Utilities spent $57.4 billion on electric distribution in 2019, 6% more than the previous year and 64% more than they spent in 2000 after adjusting for inflation. More than half of … Continue reading Major utilities’ spending on the electric distribution system continues to increase
Deal Sets Stage for U.S. Floating Wind Turbine Boom Wind production in California waters could produce far more electricity than current East Coast projects An agreement yesterday among the Interior Department, California and the Department of Defense signals that a new kind of renewable power is set to emerge: floating offshore wind. The White House … Continue reading Deal Sets Stage for U.S. Floating Wind Turbine Boom
States call for ISO-NE governance reforms in push to reform power markets Having a seat at the table to discuss issues impacting wholesale electricity markets does little good when ISO New England maintains unilateral authority to propose market reforms over sovereign states’ objections, New England state utility regulators told the Federal Energy Regulatory Commission on … Continue reading States call for #ISO_NE governance reforms in push to reform power markets
Tesla has doubled number of Powerwalls installed to 200,000 over the last year Tesla announced today that they have just surpassed 200,000 Powerwalls installed globally. It means that Tesla installed as many Powerwalls over the last year as it did for the first five years of the home battery pack’s existence. Tesla introduced Powerwall 2 … Continue reading Tesla has doubled number of #Powerwall s installed to 200,000 over the last year
California ISO details rolling blackout prevention measures for this summer CALIFORNIA, USA — The state’s power grid operators, California Independent System Operator (ISO) said it cannot guarantee the state will avoid rolling blackouts this summer, but they are doing several things to try to prepare. California ISO officials met at 9 a.m. on Wednesday, May … Continue reading #California ISO details rolling blackout prevention measures for this summer
Exposing the utility playbook: Ratepayers are stuck paying the bill for utility corruption In 2020, Ohio House Speaker Larry Householder was arrested and subsequently resigned his speakership after an FBI investigation found that the influential lawmaker accepted $61 million dollars from electric utility FirstEnergy in exchange for passage of a nuclear bailout bill. The legislation … Continue reading Exposing the utility playbook: Ratepayers are stuck paying the bill for utility corruption
Experts debate US capacity market reform, need for new ancillary service product As US wholesale power markets absorb more renewable energy resources, market design experts expect capacity prices to decline and there is debate within the industry about whether there should be an ancillary service product to incent flexibility. The minimum offer price rule, or … Continue reading Experts debate US capacity market reform, need for new ancillary service product
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