Energy Update
Prices for solar power purchase agreements (PPAs) continued their push higher to end 2022, a sign that an already tight North American offtake market was still hampered by supply chain constraints and trade disputes.
Percepto, an autonomous inspection and monitoring solution provider, said that Transport Canada has approved Ontario Power Generation (OPG) to operate a Beyond Visual Line of Sight (BVLOS) drone without a visual observer on site. Approval is thought to be a first in Canada and will take place at McConnell Lake Control Dam.
Amazon continued its renewable energy buying spree in 2022, cementing the company yet again as the global leader in clean energy procurement.
The company said its renewable energy portfolio grew by 8.3 GW in 2022 through 133 new projects in 11 countries. The portfolio now totals more than 20 GW— enough to generate the amount of energy to power 5.3 million U.S. homes.
By Elizabeth Ouzts, Energy News Network
Duke Energy spends twice as much money fueling and upkeeping its six North Carolina coal plants — costs passed on to ratepayers — than if it replaced them with brand new solar farms, a report issued today shows.
A bipartisan group of lawmakers in Congress is hoping to use a legislative tool to roll back an executive order that paused for two years any new tariffs on solar modules imported from Southeast Asia.
Apex Clean Energy said it signed an environmental attribute purchase agreement (EAPA) with Meta for capacity of the 195 MW Angelo Solar in Tom Green County, Texas, around 200 miles northwest of Austin.
Terms were not disclosed.
The agreement follows other deals between Virginia-based Apex and Meta: an 80 MW EAPA with Altavista Solar; 200 MW with Aviator Wind East; 175 MW with Lincoln Land Wind; 197 MW with Jayhawk Wind; and 225 MW with Great Pathfinder Wind.
Six offshore wind developers submitted proposals to develop projects as part of New York's third solicitation.
In total, the developers submitted more than 100 proposals. The New York State Energy Research and Development Authority (NYSERDA) said the solicitation resulted in "record-setting" competition for an East Coast state.
Episode 33 of the Factor This! podcast features Aaron Halimi, president and founder of the California-based community solar developer Renewable Properties. Subscribe wherever you get your podcasts.
Global investment in the low-carbon energy transition totaled $1.1 trillion in 2022, according to a report from research firm BloombergNEF.
Investment in low-carbon technologies also appears to have reached parity with capital deployed in support of fossil fuel supply.
In its Pacific Northwest Power Supply Adequacy Assessment for 2027, the Northwest Power and Conservation Council found that power supply in the region in 2027 would not be adequate relying solely on existing resources.
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