Energy Update
The state of Texas is in an energy transition. Some prefer to call it an expansion, but make no mistake, it’s happening and we’re in it.
We can try to hold it back, but it would be like trying to hold back the tide. We’ll lose.
New York awarded $16.6 million in funding for five long-duration energy storage projects and made another $17 million available for projects that advance development of long-duration energy storage technologies, including hydrogen.
The state’s larger goal is to install 3,000 MW of energy storage by 2030 to help integrate renewables. New York wants to eventually develop 6,000 MW.
As a power crunch precipitated by an extended heat wave eased, the California Solar and Storage Association (CALSSA) said that the state had more than 80,000 customer-sited batteries connected to the electric grid capable of providing 900 MW of solar power.
Iberdrola, one of the world's largest clean energy developers and asset owners, has committed more than $3 billion to develop clean energy projects in Australia.
Iberdrola CEO Ignacio Galán said the investment will deliver new renewable energy capacity, battery storage, and green hydrogen projects, as well as transmission networks.
Clean energy software and data analytics firm Arcadia said it surpassed 1 GW of community solar capacity under management, an industry first and milestone for the startup founded in 2014.
All over the country, utilities and their customers who want to use rooftop solar have collided over the issue of what kind of payments are fair for the electricity exported to the grid by distributed solar panels. Nowhere is that conflict clearer than in the case of DTE Electric, the largest electric utility by customer base in Michigan. DTE has proposed what has been called one of the worst tariffs for rooftop solar in the country. As we will explain, those criticisms are not hyperbole.
The U.S. Department of Energy announced a new effort aimed at slashing the cost of power generation from enhanced geothermal systems by 90% to $45/MWh by 2035.
Advancements in enhanced technologies have stretched geothermal’s feasible application beyond the handful of states where favorable geology exists to support power plants.
Episode 16 of the Factor This! podcast featuring FERC Commissioner Allison Clements will be available on Monday, Sept. 12 wherever you get your podcasts.
Pages
GET IN TOUCH
- 1875 I Street NW, International Square,
Washington, District Of Columbia, 20006 - Phone: +1 (888) 317-3839
- Email: info@mglllc.com
About
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.