Tag: united states

Complete rethink of U.S. electricity transmission is needed to manage climate change: Niskanen Center

Complete rethink of U.S. electricity transmission is needed to manage climate change: Niskanen Center

September 11, 2021 |

Most analyses find that to manage climate change, the United States will need to double or triple the size of its electric transmission system to move low-cost wind and solar energy around the nation and back it up with always-on power plants. But a newly released report from Clean Air Task Force and the Niskanen Center finds that the current piecemeal, project-by-project approach to expanding U.S. electricity transmission won’t get us there. It instead calls for a new system to rapidly scale capacity — including by potentially establishing a National Transmission Organization that would plan, site, and fund a national grid to ensure that burdens and benefits are fairly shared.

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How Wholesale Power Markets Work in The US

How Wholesale Power Markets Work in The US

September 7, 2021 | ,

The white paper “How Wholesale Power Markets Work” has been prepared by Bentham Paulos for the 100% Clean Energy Collaborative which has been created by Clean Energy States Alliance. This is the first of a series of explainers on the impact of 100% clean power on wholesale markets and explores how power markets work today.

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Major Barrier to Demand Response Needs to End

Major Barrier to Demand Response Needs to End

September 7, 2021 |

Earlier this year, the Federal Energy Regulatory Commission (FERC) floated the idea of opening up markets for “demand response.” Today, many states, mostly in the Midwest, prohibit their electricity customers from directly providing demand response into FERC-regulated regional power markets through what are known as third-party “aggregators.”

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EDF Renewables and Clean Power Alliance sign PPA for solar-plus-storage project in California

EDF Renewables and Clean Power Alliance sign PPA for solar-plus-storage project in California

September 6, 2021 |

EDF Renewables North America and Clean Power Alliance (CPA) have signed a 15-year power purchase agreement (PPA) for the Desert Quartzite Solar-plus-Storage project. The project entails a 300 MW solar project, with an additional 600 MW battery energy storage system. The project is expected to begin the delivery of clean electricity to the Alliance’s customers across Los Angeles and Ventura counties in February 2024.

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US offshore wind market to witness strong growth in the coming years

US offshore wind market to witness strong growth in the coming years

September 5, 2021 |

A new national target of 30 GW of offshore wind energy by 2030, set in March 2021, could help illuminate the potential for future U.S. market growth. As the number of projects in the advanced permitting and approval phases now exceeds 11 GW, the first phase of U.S. development is well underway. However, despite the new national offshore wind energy deployment goal, fluctuating policy support, stakeholder concerns, constrained global supply chains, and land-based grid limitations pose challenges that could potentially temper the industry’s progress.

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US Monthly Solar PV Module Shipments Report

US Monthly Solar PV Module Shipments Report

September 4, 2021 | ,

This report was prepared by the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy. This is a monthly update on solar PV module shipments in the US and provides statistics on various parameters including: Monthly photovoltaic module shipments which includes the total shipments, values, and average values of module shipments by year/month; Source and disposition of photovoltaic module shipment which includes imports and exports at national level; and U.S. photovoltaic module shipments by state/territory.

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US Department of Energy brief: Investing in a Clean Energy Future

US Department of Energy brief: Investing in a Clean Energy Future

September 3, 2021 | ,

According to preliminary results of an upcoming analysis by the National Renewable Energy Laboratory (NREL), to reach a largely decarbonized electricity sector by 2035, solar deployment would need to accelerate to three to four times faster than its current rate by 2030. This brief by the US Department of Energy summarizes the evidence of how key investment in solar research and deployment, along with support from the US Department of Energy, can help realize these opportunities for American workers, consumers, and communities.

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Lithium-ion battery market could reach $127.8 billion by 2027

Lithium-ion battery market could reach $127.8 billion by 2027

August 6, 2021 |

In the year 2020, the Li-ion Battery market in the United States is expected to be worth $12.6 billion. The country now holds a market share of 26.92 percent of the global market. China, the world’s second largest economy, is expected to reach a market size of $29.8 billion in 2027, with a compound annual growth rate of 20.3 percent.

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WEC Energy to acquire 90 per cent stake in 250 MW wind farm in Illinois

WEC Energy to acquire 90 per cent stake in 250 MW wind farm in Illinois

July 28, 2021 |

United States-based developer WEC Energy has agreed to acquire a 90 per cent stake in Invenergy’s 250 MW Sapphire Sky wind farm in Illinois. The ownership interest in the project in McLean County, which will include 64 turbines, is anticipated to cost WEC $412 million. By the end of 2022, the project is set to begin commercial operations.

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Enel purchases 3.2 GW solar portfolio in the United States

Enel purchases 3.2 GW solar portfolio in the United States

July 14, 2021 |

Dakota Renewable Energy, a joint venture between Dakota Power Partners and Eolian, has sold a 3.2 GW portfolio of solar and solar-plus-storage projects to Enel Green Power North America. The 24 development-stage projects, totaling 450 MW of storage capacity, are scheduled to commence commercial operation in 2023.

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EQT Infrastructure to buy Cypress Creek Renewables from LLC and Temasek

EQT Infrastructure to buy Cypress Creek Renewables from LLC and Temasek

July 6, 2021 |

EQT AB, a Swedish private-equity company’s EQT Infrastructure V fund has agreed to purchase Cypress Creek Renewables from funds controlled by HPS Investment Partners, LLC and Temasek. The acquisition is scheduled to conclude in the second half of 2021, subject to normal conditions and approvals. EQT Infrastructure is committed to building on Cypress Creek’s success by investing in operational, organisational, digital, and environmental initiatives that will allow the company to continue developing and distinguishing itself.

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Policy direction needed to strengthen United States’ position in the global EV transition

Policy direction needed to strengthen United States’ position in the global EV transition

July 5, 2021 |

The necessity for a stable climate, decreased fuel costs, reduced petroleum dependency, and clean air, especially for those who are disproportionately affected by pollution, definitely acts as factors that motivate governments to move to electric cars. Major economies with significant car production, such as China, Japan, Germany, the United States, and others, suffer the biggest industry risk if they delay the transition to electric vehicles. In a related development, the Biden administration’s American Jobs Plan proposes $52 billion in U.S. assistance for domestic manufacturing, including tax incentives and access to financing.

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2030 Report: Powering America’s Clean Economy

2030 Report: Powering America’s Clean Economy

May 21, 2021 | ,

This report by Goldman School of Public Policy uses the latest renewable energy and battery cost data to demonstrate the technical and economic feasibility of achieving 80 percent clean (carbon-free) electricity in the United States by 2030. Two central cases are simulated using state-of-the-art capacity-expansion and production-cost models: the No New Policy case assumes continuation of current state and federal policies; and the 80% Clean case requires that a national 80 percent clean electricity share is reached by 2030, along with aggressive transportation electrification.

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Exus to repower 240 MW wind plant in Illinois

Exus to repower 240 MW wind plant in Illinois

May 12, 2021 |

Exus Management Partners has won the contract to lead the repowering of the 240 MW Big Sky Wind Farm in Illinois. Earlier this year the project was acquired by Vitol from a BlackRock-managed fund. Exus will now be a part of Vitol’s $250 million plan to upgrade the project, increasing Big Sky’s annual energy output by 60 per cent by the end of 2022. Under the scheme, highly efficient Vestas wind turbines will be installed using the existing foundations and towers.

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SEIA develops tool to increase supply chain transparency in the solar power sector

SEIA develops tool to increase supply chain transparency in the solar power sector

May 7, 2021 |

The Solar Energy Industries Association (SEIA) in the United States has developed a tool to increase supply chain transparency. The tool is likely to help ensure that all solar components are made ethically throughout the solar value chain. As manufacturers begin using the traceability protocol, it will be regularly reviewed and updated to improve its usability and effectiveness, the association stressed.

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EnCap raises $1.2 billion for investments in clean energy

EnCap raises $1.2 billion for investments in clean energy

May 5, 2021 |

EnCap Investments has announced the closing of a $1.2 billion fund dedicated to investments in the clean energy transition space marking its first investment in the private equity firm that has raised money specifically for clean energy. EnCap had been in discussions with its investor base about pursuing opportunities in energy.e new EnCap Energy Transition Fund I will invest in wind and solar power and energy storage. The fund has already invested in five companies with half the proceeds already deployed.

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Setting the Stage for an EV Future in Washington State

Setting the Stage for an EV Future in Washington State

May 4, 2021 |

Washington State has passed two leading laws on electric vehicles. The signing of these bills will ensure that people will be able to charge their EV as easily as buying gas and will be able to charge their EVs at home, at work, and on the road as the state moves toward a new goal of all new passenger vehicles being zero-emitting by 2030. A detailed article on this policy development.

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Samsung C&T plans to develop 700 MW solar plant in Texas

Samsung C&T plans to develop 700 MW solar plant in Texas

April 30, 2021 |

Samsung C&T could potentially invest $673 million to develop solar power plants with a combined operating capacity of approximately 700 MW in Texas. Samsung Electronics is also considering building an additional plant in Austin by investing $17 billion. These agreements cover the employment of workers for the development of these power plants. Commercial operations are scheduled to start in December 2023.

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