The company’s 2022 IRP includes plans to retire all coal units by 2035; add nearly 2,400MW of natural gas and 6,000MW of renewable capacity, as well as 1,000MW of energy storage in that same time; and begin distributed energy resource and income-qualified community solar pilot programs.
Solar and wind will grow, but coal will again be cost competitive, reversing what EIA said was a trend observed over recent decades.
Renewables have now crossed the 25% threshold of total U.S. available installed generating capacity.
House Bill 951 would lead to a huge procurement of renewables, but is soured by the additions of gigawatt-scale natural gas capacity, reduced regulator authority, and potential multi-year rate hikes.
Also on the rise: NPPD shops for 2 million MWh of renewables, JV will fuel ReneSola expansion, Canadian Solar sells a project stake, and natural gas rebounds after a lousy 2020.
Also in the brief: Ohio bill would ban new large solar and wind projects for up to three years
Victory in the economic realm (increasingly the case with solar, solar-plus-storage and wind) is no guarantee of market victory if the regulations are stacked against renewables.
Also in the brief: Trina Solar completed its acquisition of Spanish solar tracker company Nclave, Plus — A Florida county board denies a zoning exemption for a 650-acre solar project in a predominantly Black community after some residents said the proposal constituted environmental racism.
Victory in the economic realm (increasingly the case with solar, solar-plus-storage and wind) is no guarantee of market victory if the regulations are stacked against renewables.
Also in the brief: Global Energy Generation’ proposed 4,500-acre Mammoth Solar project in Pulaski County, Indiana, may have a role to play in Winamac’s revitalization efforts, Dominion Energy acquired a solar power project in Orange County, the laws that prevent carbon cutting and more.
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