Grid operator PJM could add 5.5 GW of renewables with grid-enhancing technologies
Deploying GETs technologies in the PJM grid region would have a 70-to-1 benefit-cost ratio, finds an analysis by Quanta Technology. The nonprofit RMI published the analysis, and aims for it to be replicated to evaluate GETs in interconnection studies.
Solar power purchase agreement prices rise 21% year over year
PPA prices are increasing due to rising costs, said a report by LevelTen Energy.
Sunrise brief: Morgan Stanley and Santander invest $520 million in solar projects
Also on the rise: Scaling green hydrogen. EV sales to make up nearly one-third of passenger vehicle sales in U.S. by 2026. And more.
199,000 job-years await PJM approval of 167 GW of solar, storage and wind
Trade group ACORE recommended long-distance, high-voltage transmission within the PJM grid region along with other, faster measures to help the grid operator approve 167 GW of pending solar, storage and wind projects.
Clearway, Enel executives propose three ways to fix utility-scale interconnection
Systematic transmission planning within grid regions, a “connect and manage” approach to interconnection, and using automation in interconnection studies were key solutions that could make interconnection faster and lower-cost, two leaders of renewables development firms said on a webinar.
Sunrise brief: Polar Racking adds two U.S. solar mount manufacturing facilities
Also on the rise: Automated solar permitting speeds approval process. PJM’s pace of interconnection will not meet demand through 2028, says NRDC. And more.
PJM’s pace of interconnection will not meet demand through 2028, says NRDC
States in the PJM market with renewable portfolio standard targets will “barely” be able to meet those targets through 2027, the environmental group NRDC said, while the region will consistently fall short of an estimated renewables potential.
Interconnection delays threaten more companies each year, says GridStor VP
A GridStor VP challenged recent interconnection proposals by three grid operators, and the slow pace of federal regulators, while suggesting a $1 billion gift to grid operators to hire staff, and a digital twin of the nation’s grid to speed interconnection studies.
Sunrise brief: Volatile electricity markets should give solar financial modelers pause
Also on the rise: Silfab Solar raises $125 million for U.S. cell and module manufacturing. Tariff investigation, equipment detainments lead to 16% drop in new solar capacity in 2022. And more.
PJM projects 48 to 94 GW of renewables will be built in the grid region by 2030
The grid operator’s projected 5% “completion rate” for projects in its interconnection queue was questioned by executives at the renewables trade group ACORE and the consultancy GridLab.
