Also in the brief: Vistra is increasing the size of its Oakland battery energy storage project, a University of Arkansas professor researching solar project cybersecurity and more.
In the face of exceptionally low demand linked to the lack of commercial and industrial energy consumption and mild weather, Duke Energy has warned independent power producers and state regulators that the company may stop purchasing power that it’s contracted to buy from solar plants.
Also in the brief: How a conservative coal county built the biggest community solar energy project in East Kentucky. Why 30M solar rooftops should be in the next relief bill
Gov. Ralph Northam has signed the Virginia Clean Economy Act, which requires the state’s utilities to switch to 100% clean energy by 2050, while also adding 16 GW of solar and onshore wind, 3 GW of energy storage and the closing of all the state’s coal power plants by 2024.
While praised for the level of large-scale energy storage the state’s Clean Peak Standard is anticipated to bring, opponents have called the policy “a waste of ratepayer funds for behind-the-meter energy storage.”
Also in the brief: the chance that Covid-19 gives to reform our energy system, Engie has signed tax equity financing for a 2 GW portfolio, Panasonic names inaugural class of Elite Residential Installers and more.
Even EIA expects that U.S. coal generation will fall by 20% in 2020. The agency forecasts the electric power market will add 19.4 gigawatts of new wind capacity and 12.6 gigawatts of utility-scale solar capacity this year.
“EIA’s projections greatly underestimate the growth of solar and significantly overestimate coal’s persistence in the energy mix,” says Dan Shugar, CEO of NEXTracker.
Also in the brief: the challenges facing islands and other isolated systems with high levels of renewables, AIP finances 604 MWdc of solar, SolarReviews preaches caution with Tesla solar rental program and more.
New legislation also creates the U.S.’s first Office of Renewable Energy Siting — charged with consolidating the environmental review of major renewable energy facilities and providing a single forum for ensuring that siting decisions are predictable, responsible and delivered in a timely manner with opportunities for input from local communities.
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