Energy Update
By Eden Higgins
Sunny optimism about the expansion of a clean-energy U.S. economy is gathering steam, as the Biden Administration commits to creating 10 million green jobs to help address climate change and consumer demand for it swells.
The anticipated launch of the California Mobility Center (CMC) was made official last week as it formally shifted into full commercial operations in support of its mission to accelerate the pace of future mobility commercialization in California and the world, announced CMC’s Board Chair, Arlen Orchard.
by Michael Lotfy, Senior Vice President for Smart Building Solutions, ABB
Multi-site retailers are under tremendous pressure to increase sales, cut costs, and provide shareholders with consistent revenue and earnings growth year-over-year. They are expected to deal with competitive, political, and socio-economic conditions that threaten margin by reducing differentiation and affecting costs. At the same time, they must also create and maintain a superior customer experience.
Atlantic U.S. utility National Grid is partnering to demonstrate a multi-use renewable hydrogen-based energy storage and delivery system in New York.
The Long Island Solar Roadmap (the Roadmap), a new report and interactive map from The Nature Conservancy and Defenders of Wildlife, demonstrates how Long Island could produce more solar electricity than the region uses all year by developi
The first phase of planning work is underway on a $75 million research and development center focused on accelerating development and deployment of long-duration, low-cost energy storage.
By Whit Fulton, ConnectDER
According to recent analysis by BloombergNEF, in last year’s record-setting year, the wind market commissioned nearly 100 gigawatts (GW) of new build in 2020. Undeterred by COVID-19, installations grew 59% year-on-year.
Developers commissioned 96.3 GW of wind turbines globally in 2020, compared with 60.7 GW the previous year, said BNEF. Most of these were on land (94%), as the addition of new turbines at sea fell to 6.1 gigawatts – a 19% drop compared to 2019.
(Thu, 11 Mar 2021) In February 2021, the Independent System Operator for New England (ISO-NE) conducted its 15th annual Forward Capacity Market (FCM 15) auction. ISO-NE holds these annual auctions to ensure that the New England power system will have sufficient electricity resources to meet future electricity demand. In this auction, ISO-NE secured electric capacity to cover the period of June 1, 2024, through May 31, 2025.
By Leonardo Botti, FIMER
Without doubt, the solar PV industry is one of the most exciting sectors to be working in at the moment. With the International Energy Agency (IEA) reporting a huge 18-fold increase in the amount of installed solar PV capacity between 2010 and 2020, and IEA executive director Fatih Birol, stating that “I see solar becoming the new king of the world’s electricity markets”, the growth of solar looks set to continue.
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