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Markets & Policy

Agencies release final report into California’s heat-related blackouts

The report confirms CAISO’s initial findings that a trio of factors were responsible for the blackouts: extreme weather conditions, resource adequacy and planning processes, and market practices. It also outlines steps that already have been taken to better ensure supply adequacy and reliability.

Average PPA prices rose in 2020, analysis says

For the first time since LevelTen Energy began tracking the market, solar PPA offer prices rose in 2020, with Q4 2020 prices 11.5% higher than a year earlier.

Jobs report underscores Covid-19 impact on U.S. clean energy sector

As the pandemic continued its attack on the U.S. economy, 2020 ended with 429,000 fewer clean energy workers.

Ironridge shareholders sue Esdec over 2019 merger, allege fraud

The shareholders have filed a lawsuit alleging that Esdec concocted a plan to defraud them and has been avoiding buyout payments.

Sunrise brief: Work starts on 300 MW solar plus storage project

Also on the rise: Rural utilities add solar to support growth, the biggest deals of 2020 in solar finance, and CAMS acquires an O&M provider.

5 takeaways from a new NREL report on electrification’s future

The report looks at the potential impacts of widespread electrification on the U.S. electricity system—specifically, generation and transmission infrastructure investments, fuel use, system costs, and emissions.

Minnesota Power targets 100% carbon-free energy by 2050

The utility plans to retire or convert its remaining coal-fired units and procure more wind and solar power.

Canada Infrastructure Bank inks MOU for massive energy storage project

The federal corporation said the Ontario project will be the largest battery energy storage facility in Canada and among the largest in the world.

Amazon to share 120 MW of solar with D.C. suburb

The company and the county agreed through a virtual power purchase agreement to offtake generation from Dominion Energy’s upcoming 120 MW solar facility in Virginia.

Water use in the West can hurt…or help…the energy sector, report says

The researchers said this is one of the first studies to show that water sector adaptation can have as large an impact on the electricity sector as the direct effect of climate change itself.

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