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.
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.
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.
The project means the pro hockey team will now “train and compete in facilities completely powered by renewable electricity.”
The U.S. Energy Information Administration also expects utility-scale battery storage capacity to more than quadruple.
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.
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.
Canada has deemed the tariffs “unwarranted” and requested consultations with the United States.
First used with wind projects, a pgPPA manages weather-related risk by settling a facility’s energy transfer based on a proxy generation index, rather than on actual metered generation. Operational risk shifts from buyer to seller.
The controversial legislation looks to ban the development and construction of new solar and wind farms greater than 50 MW in capacity in the Buckeye State for the next three years
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