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.
Clear clogged interconnection queues with transmission planning: report
Interconnection queues, in which solar, wind and storage make up 90% of the projects, are “excessively slow, creating a backlog of unbuilt projects.” The culprit is inadequate transmission planning, says a new report.
Total corporate funding into the solar sector rose 24% in 2020
Despite a slow start and a downturn in venture capital and private equity funding, total funding saw a significant rise, including the largest amount of projects acquired in a single year to date and the largest amount of securitization financing ever in a year.
Renewables to dominate new U.S. capacity in 2021, with solar leading the way
The U.S. Energy Information Administration also expects utility-scale battery storage capacity to more than quadruple.
CEC awards $5 million grant for hybrid energy storage demonstration
Using the California Energy Commission grant, Indian Energy will develop, integrate, and commission innovative Hybrid Modular Storage Systems as a long-duration energy storage technology demonstration project.
Sunrise brief: Kaua’i co-op project with AES combines solar and pumped hydro
Also on the rise: El Paso Electric offers a roadmap to EV adoption in New Mexico, campus solar enters service in Illinois, Consumers Energy commissions 10 MW of new solar in Michigan, and Southern issues a sustainable financing framework.
