Energy Update
Minimum Offer Price Rule or MOPR topic ruled stakeholder discussions for a while at PJM Interconnection. This saga started in 2016 with Calpine complaining at FERC about “price suppression” due to state subsidies for renewable energy in the PJM’s capacity market auction.
More than half of the battery storage capacity added in the U.S. in the next three years will be paired with a solar photovoltaic (PV) power plant, bucking the historical trend of majority standalone sites.
Zelim, a Scottish startup, and naval architect Chartwell Marine have partnered to develop the world's first unmanned rescue vessel for the offshore wind industry.
Domestic production of renewable energy (i.e., biofuels, biomass, geothermal, hydropower, solar, wind) reached an all-time high in the first six months of this year, according to a SUN DAY Campaign analysis of new data released by the U.S. Energy Information Administration (EIA).
Jersey Central Power and Light is positioning itself as the conduit between offshore wind energy production and electricity customers.
Contributed by Dr. Mohsen Khorasany, TYMLEZ
Stantec announces it has been selected by Missouri River Energy Services (MRES) to conduct a feasibility study for the 1,800-MW Gregory County Pumped Storage Project located on Lake Francis Case on the Missouri River, near Lucas, S.D.
The proposed project will provide increased energy resiliency and grid reliability, while also addressing intermittent power generated by wind and solar, and aligns with the global transition to more sustainable forms of energy generation.
Offshore wind cabling manufacturer JDR Cable Systems has announced that it will receive funding from the UK government’s Offshore Wind Manufacturing Investment Support scheme.
Together with private investment from the company, a total of £130 million ($178 million) will be invested in facilities that will develop and build components for next-generation wind turbines.
Ford Motor Company announced plans on Tuesday for a massive electric vehicle manufacturing campus in Tennessee, as well as two additional battery facilities in Kentucky, in what the company called the largest investment in the U.S. electric vehicle market at one time by an automaker.
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