Energy Update
Faced with COVID-19 pandemic and sharp economic contraction, the U.S. clean energy sectors showed strong resilience in 2020, continuing a decade-long growth trend, BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE) find in their annual joint report. The ninth edition of theSustainable Energy in America Factbook tells the story of American energy efficiency, natural gas and renewable energy in a volatile year.
Renewable energy firm Statkraft and Aquila Capital, the German real asset investment manager, have signed their first PPA in Spain for the Albeniz solar plant located in Andalusia on behalf of Aquila’s client.
This is a 5-year power purchase agreement starting in 2022 with an innovative price structure in which Aquila Capital will provide Statkraft with 100% green electricity at competitive price levels.
The city is exploring several strategies to cut emissions, but will depend on its investor-owned utility to achieve much of its ambitious new clean energy goal.
As Des Moines leaders begin drafting plans for achieving the city’s ambitious new clean energy goals, one challenge looms above all: getting buy-in from the city’s investor-owned utility.
The Texas governor is calling for the resignation of Ercot leaders in the wake of the frigid temps and subsequent blackouts that ensued. Dangerous cold temps and no electricity are not a combination that anyone should have to endure.
South Korea has unveiled a KRW 48.5 trillion ($43.2 billion) project to develop an 8.2GW wind complex offshore the Sinan County, South Jeolla Province. The project is said to be the world’s largest of its kind and forms part of the country’s efforts to support a green recovery.
Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, is seeking approval from the Public Service Commission of Wisconsin (PSCW) to purchase solar energy and battery storage from the Paris Solar-Battery Park. If approved, MGE will own 20 megawatts (MW) of solar energy and 11 MW of battery storage from the 200-MW solar park to be built in the Town of Paris in Kenosha County.
Hitachi ABB Power Grids announced that the owners/developers of the 3.6-GW Dogger Bank Wind Farm have selected it to connect the third transmission link from Dogger Bank to the UK mainland. The link is 130 km.
Hitachi ABB Power Grid is already delivering the interconnects for Dogger Bank A and B and the new contract is for the third phase, Dogger Bank C.
Pumped-storage hydroelectric facilities in the U.S. operated with an average monthly round-trip efficiency of 79%, and the utility-scale battery fleet operated at 82%, according to 2019 data from the U.S. Energy Information Administration (EIA).
Yesterday, Appalachian Power issued a Request for Proposals (RFPs) for up to 300 megawatts (MWs) of solar and/or wind generation resources. The request for bids is the first in a series of RFPs Appalachian Power will issue this year to comply with the Virginia Clean Economy Act (VCEA).
Driven by higher solar energy and wind production and lower consumer demand, Hawaiian Electric said that achieved a 34.5 percent consolidated renewable portfolio standard (RPS) in 2020.
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