Energy Update
(Thu, 14 Jul 2022) Systems issues have delayed the <em>Petroleum Marketing Monthly</em> (PMM) full publication release. We will update the PMM crude oil prices section data tables 1A, 18 â 27, but they will only be available through Petroleum Data Tables links and EIAâs API. The PMM pdf files are unavailable at this time. Other tables from the PMM remain delayed. We are working to restore our systems as soon as possible.
Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore wind fell by 15%, offshore wind by 13% and solar PV by 13% compared to 2020.
Summit Ridge Energy has raised $175 million to fuel its development of community solar and energy storage projects.
Apollo, a high-growth alternative asset manager with $513 billion of assets under management, is providing the funds. Summit Ridge intends to use the funds to expand its geographic footprint.
NASHVILLE, Tenn. (AP) — The nation’s largest public utility is seeking proposals for what would be one of the biggest recent swings at adding carbon-free electricity in the U.S., laying out a mix-and-match of possibilities that range from solar to nuclear.
Schools have been one of the biggest institutional adopters of solar energy. Over 7,000 K-12 schools now use solar power, typically in the form of rooftop solar panels, which represents a 139% increase since 2014, according to the Interstate Renewable Energy Council.
(Wed, 13 Jul 2022) This <em>Issues in Focus</em> article presents two cases related to the availability of select tax credits and federal efficiency incentives. We analyze how extending tax credits for renewable energy and combined-heat-and-power technologies or ending the credits by 2023 could affect long-term renewable and distributed generation deployment and the mix of resources used for electricity generation.
A 30 kW array of hydrokinetic power generators that are placed in a water supply channel serving the Denver Water system in Colorado has entered service.
Equinor has acquired U.S. battery energy storage developer East Point Energy, the companies announced.
DSD Renewables developed the nine projects for the City of White Plains in Westchester County.
The portfolio is expected to generate 8,100 MWh of clean energy annually, tripling the amount of solar energy produced in Westchester County and enough to power more than 700 homes each year.
More than 400 clean energy companies are urging leaders in Congress urging them to act on legislation that would provide billions of dollars for clean energy deployment.
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