A new report says that the state’s investor-owned utilities charge residential electricity customers much higher prices than are paid in most of the country, impacting low- and moderate-income people the most.
After having its initially proposed integrated resource plan shot down by regulators, the utility has done a heel-turn and plans to replace the coal with 2 GW of solar, up to 900 MW of battery storage, and 1 GW of natural gas by 2048.
Going it alone with the ERCOT market as currently structured and regulated has been tested and found inadequate, writes a former state utility regulator. “Texas should not waste this crisis.”
NASCAR raceways have become one of the sporting world’s most fervent adopters of solar energy, with one project under development that’s set to become the largest solar installation at any sporting venue across the globe.
The program, which allows large-scale customers to offset power purchases by securing renewable energy directly from project owners and energy suppliers, has been successful so far in North Carolina.
A new report from the U.S.-based analyst predicts that new PV additions for 2021 may range from 163 to 221 GW next year and from 179 to 240 GW in 2023. According to BloombergNEF, the current supply bottlenecks for glass and polysilicon will unlikely halt the global PV market.
Developers expect a pair of solar energy bills will propel rapid growth in Keystone State solar. Anecdotal evidence suggests that many national developers are already hiring.
The ERCOT market has served Texans well, producing low energy costs and the nation’s leading market for renewable energy. This same system also failed the state’s residents and businesses spectacularly in a moment of great need.
Solar and wind power installations hit all-time highs and became a larger part of the country’s energy mix in 2020, according to a new report.
Grid planning fails to consider extreme climate scenarios that a resilient grid needs to handle, said EPRI’s president and CEO. “Traditional planning processes do not represent how resources actually perform under extreme conditions.”
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