Energy Update

You are here

A coalition of 24 groups – representing thousands of companies, union members, investors, and advocates – has formed to spur the construction of a national electric vehicle charging network.

After years of rapid growth, clean energy jobs in the Midwestern United States fell by 8.9% — or approximately 66,000 — by the end of 2020, according to a new report by the nonpartisan business group E2 and Clean Energy Trust.

On the heels of the U.S. Senate approving a $1.2 trillion bipartisan infrastructure package, the chamber acted early Wednesday morning to pass a sweeping $3.5 trillion budget reconciliation along party lines.

Both measures are now on pace for final congressional approval in the coming weeks – major victories in the Biden administration’s climate and renewable energy agenda.

Electric power generated from renewable energy sources in the U.S. will rise to nearly 23% in 2022, according to short-term guidance released Tuesday by the U.S. Energy Information Administration (EIA).

Contributed by Harry Kaffenese, VP of global product management at ABB Power Conversion

Phillips 66 — the Houston-based energy corporation with oil refineries and hundreds of gas stations under its control — is betting on battery storage with its latest investment.

The company announced Monday the acquisition of a 16% stake in Austrian battery material supplier NOVONIX Limited, valued at $150 million.

Originally published on ILSR.org

Getting electricity customer-generators the compensation they deserve has been a battle in many states. Could a settlement between the utility and solar advocates squash net metering conflict for good?

Ørsted announced Tuesday that the Danish green energy developer has reached a power purchase agreement with Microsoft in Fort Bend County, Texas.

Microsoft will buy power from Ørsted’s 430 MWAC solar energy center Old 300, which is expected to come online next year. The project is located on 2,800 acres of privately-owned land in Needville.

New analysis from Pecan Street has found that it is possible to free 12-16% of the distribution system’s current capacity without upgrades to existing utility infrastructure.

Pecan Street used data from energy use on homes with solar PV in New York and Texas to explore the grid impacts of poor residential power factor and the system benefits of power factor correction.

Standard Solar is nearing completion on the community distributed generation project it developed, installed, and funded in Lenox, New York, the largest in the state. (Photo courtesy: Standard Solar)

Standard Solar is nearing completion on the community distributed generation project it developed, installed, and funded in Lenox, New York, the largest in the state.

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.