Energy Update
Indiana Michigan Power Co. proposed adding more than 2,000 MW of wind and solar energy capacity by 2028.
By Samuel Petrequin
BRUSSELS (AP) — The European Union on February 2 proposed including nuclear energy and natural gas in its plans for building a climate-friendly future, dividing member countries and drawing outcry from environmentalists as “greenwashing.”
Independent System Operator (ISO) compliance plans for FERC Order 2222 are on their last stretch, with PJM and ISO-NE filing coming up here in February and MISO and SPP plans due in April. Voltus, an energy aggregator, petitioned FERC for a technical conference on these compliance plans. Stakeholders have until February 7th to support the need for this conference.
(Wed, 02 Feb 2022) EIA presents an alternative case to the <em>Annual Energy Outlook 2021</em> (AEO2021) that compares the Reference case to a Corporate Goal case that models announced utility plans in addition to current laws and regulations. We analyze the resulting impacts of these utility plans on U.S. CO<sub>2</sub> emissions and electricity generation mix in this <em>Issues in Focus</em> article.
Solar company Altus Power Inc. and module manufacturer Heliene Inc. signed a three-year agreement under which Altus Power will be able to buy up to 250 MW of solar modules from Heliene for use in solar generation projects across the U.S.
In connection with the supply agreement, Altus Power also plans to invest up to $5 million in Heliene as part of that company’s anticipated take-over transaction with Buzz Capital 2 Ltd. and listing on the TSX Venture Exchange.
A solar market analysis firm said that the 25 GW of utility scale capacity expected to be deployed in 2022 may end up closer to 15-20 GW as supply chain-related issues continue to challenge the industry.
Corporations bought a record 31.1 GW of clean energy through power purchase agreements (PPAs) in 2021, up nearly 24% from the previous year’s record of 25.1 GW. That’s according to research firm BloombergNEF (BNEF).
New York Governor Kathy Hochul announced that the New York Power Authority (NYPA) Board of Trustees has approved economic development awards to three companies that will create 79 new jobs and spur nearly $46 million in capital investments.
Sempra Infrastructure signed a memorandum of understanding (MOU) with Entergy Louisiana to develop renewable energy to power Sempra Infrastructure’s facilities in the state, including the Cameron LNG liquefied natural gas export facility.
Entergy said that a proposed expansion of the export facility could represent additional renewable energy capacity of around 900 MW.
TransAlta asked Alberta regulators for approval to build a 180 MW/360 MWh battery energy storage system on land that is part of the Ghost Hydro-electric facility near Cochrane, Alberta.
The utility said it plans a two-phase approach to construction with Phase 1 constructed, energized and tested by the end of 2023, prior to the construction of Phase 2. The project has an estimated cost of C$120 million ($95 million). The second phase could enter service in 2025.
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