Industry thought leaders indicate that the changes in the final rules for the 45V tax credits are positive, but they will not reduce dependence on polluting fossil fuels.
Also on the rise: The U.S. economy needs VPP 2.0, utilities could deliver. Clean energy affordability: Where does it start? And more.
Virtual power plants can play an essential role in meeting rising electricity demand, but to do so, utilities must bring them into the heart of their planning and rapidly take it to grid scale.
Global clean energy supply investments will reach $670 billion this year, said a report from S&P Global Commodity Insights.
Solar and wind are being installed at a rate that is five times faster than all other new electricity sources combined. This offers compelling market-based evidence that PV and wind are now the most competitive and practical methods for deploying new generating capacity.
Solar panel supply is no issue, but other installation bottlenecks have emerged, said a report from Clean Energy Associates.
The air-source water heater is almost four times more efficient than traditional water heaters, the company says.
Carrier, a heating solutions provider, introduced a new 4-14 kW line of heat pumps with a coefficient of performance of up to 4.90. The system use propane as the refrigerant and can reportedly reach leaving water temperature of 167 F.
When it comes to realizing the benefits of clean energy incentives in residential areas, the spotlight shines on state and federal programs that encourage energy efficiency and weatherization efforts.
The energy transition in the United States requires a durable and dependable clean energy supply chain if it is to succeed.
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