Energy Update
North Carolina Gov. Roy Cooper on Wednesday signed into law a bipartisan mandate that will require the state to reduce carbon emissions by 70% by 2030 and reach carbon neutrality by 2050.
A joint venture between global energy giant TotalEnergies and Simply Blue Group, a developer of floating offshore wind projects, aims to capitalize on the "vast potential" of floating offshore wind projects in the U.S.
Despite a deadlocked 2-2 vote by the Federal Energy Regulatory Commission on Tuesday, an energy market proposed by Southeast utilities was allowed to take effect due to rules regarding tie votes by the agency.
Summit Ridge Energy has begun construction on the first of 13 community solar projects in Maine as part of a 44 MW portfolio.
Contributed by Hari Suthan Subramaniam, Chief Strategic Growth Officer, Opus One Solutions
This summer Hitachi announced its intention to change its name to Hitachi Energy and drop the joint venture name it adopted when it purchased the grid business from ABB. Today, the company is announcing that the former name, Hitachi ABB Power Grids, has been officially changed to simply Hitachi Energy.
Contributed by Steve McGregor, Group MD, DMA Group
To save humanity from the existential threats that confront it through climate change, which President Biden recognizes, the US needs leadership.
Distributed solar stakeholders must take comfort in FERC’s data requests sent to NYISO and CAISO. There are seven instances where solar is mentioned in the FERC letter to NYISO. Most of the questions focused on how distributed solar would operate within the ISO market construct through an aggregator and how the ISO would coordinate with the distribution utility to facilitate solar and storage dispatch.
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