Also on the rise: Volta Energy fund nets $72.6 million for battery and storage startups, and Brooklyn libraries add rooftop solar to power safe-haven emergency services.
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.”
Data firm Lium concluded that ERCOT “probably needed at least another 17 GW of generation” to meet demand as cold winter weather settled in over the state.
Also on the rise: ERCOT orders rolling blackouts as 30 GW of resources are forced out, PNM shareholders OK merger with Avangrid, location is key when talking about DERs, and Dominion claws back from a big ice storm.
The Biden administration and Democratic leaders on Capitol Hill are moving quickly to advance energy and climate initiatives. To sweeten the pot, ARPA-E is offering $100 million in funding.
Also on the rise: ARPA-E offers $100 million in R&D funding, California hunts for generation resources for this summer, and CIT Group helps arrange financing for a handful of BESS capacity.
Also on the rise: Enevate and Highview Power fuel growth plans with additional investors, and a new venture targets Li-ion battery recycling for fleet vehicles.
Also on the rise: Researchers find big errors in how U.S. cities report GHG emissions, and scientists peer inside cycling Li-ion batteries to learn how the technology can be improved.
The Berkeley Lab report covers the seven organized U.S. wholesale power markets and is based on historical hourly solar generation profiles for every plant larger than 1 MW.
Also on the rise: EDF Renewables brings two solar projects online, one with storage; and solar investor Magic Johnson teams up with Allstate.
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