Energy Update
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.
The U.S. Partnership for Renewable Energy Finance – made up of a coalition of corporations that includes Google, Amazon Web Services, and Goldman Sachs – sent a letter Monday urging Texas leaders to scrap anti-renewable energy proposals crafted in response to the extreme winter storm that left millions in the state without power last February.
A new interactive map analyzes how each state can meet 50% of its energy demand through the deployment of solar panels as part of the U.S. reaching its goal of net-zero carbon emissions by 2050.
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