Energy Update
National Grid Renewables, which includes the renewables development company formerly known as Geronimo Energy, announced today the start of construction on the 200-MW Prairie Wolf Solar Project in Coles County, Illinois. The project is poised to generate tax revenue, landowner income and charitable initiatives, all while adding more clean energy to the electric grid.
Renewable energy developer RP Global announced that it is investing in the development of PV and wind power projects across Poland. Wojciech Glocko, former EPA Wind and utility manager, has been hired to head up project development together with a team of senior local experts from Poland’s leading public and private renewable energy organizations.
At least $14 trillion needs to be invested in the grid worldwide by 2050 to support an evolved power system, according to BloombergNEF’s new Power Grid Long-Term Outlook 2021 published this week.
If we learn anything from the Texas blackouts, and the death and suffering that have resulted, it should be this: distributed resilient solar+storage systems are no longer a luxury – they are an essential tool to protect citizens from power outages, and modernize the grid so outages become less frequent and severe.
Renewable energy is moving into a new stage in its evolution.
Renewables account for more than two thirds of new generating capacity additions in the U.S. This means that renewable energy is claiming an increasing share of the national generation mix. EIA estimates that wind power accounted for 9% of U.S. electricity generation in 2020., surpassing hydropower as the predominant renewable electricity generation source in 2019.
Last week, US residential solar and storage installer Sunnova announced it has secured a position of 85 megawatts in the recent ISO-New England Forward Capacity Auction (FCA15). Sunnova’s aggregated residential solar portfolio will offer competitive renewable energy capacity to help meet the region’s future energy needs. The company expects the complete portfolio to begin participating with the FCA15 commitment year beginning June 2024.
By Babalwa Bungane
Despite the economic and supply chain impacts felt across the world in 2020 due to COVID-19, the global wind energy industry has continued to power ahead and reach new records.
Record low temperatures, including snow in Texas, have led Texas electric grid operator to ration electricity. Even before the winter event is done, misinformation is spreading that wind turbine blades froze, and hence, renewables are the leading cause for Texas blackouts.The fact is, due to cold weather, a lot of generators, including nuclear, coal, natural gas, and renewables, had a tough time operating.
The world’s largest experimental nuclear fusion reactor is in development in Provence, southern France. ITER (originally the International Thermonuclear Experimental Reactor) is an international nuclear fusion research and engineering megaproject funded and run by seven member entities: the European Union, China, India, Japan, Russia, South Korea, and the United States; Overall, 35 countries are participating in the project directly or indirectly.
Boston University prioritized impact over location in deciding to buy electricity from a South Dakota wind farm.
Boston University has started sourcing all of its electricity from a newly built wind farm in South Dakota, a move intended to maximize the university’s greenhouse gas reductions and hopefully provide a model for how other large institutions can also amplify their climate impact.
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