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Renewable Energy

Grid hardening through DER could soon be a viable, profitable solution for utilities

California residents will be able to sign up to be notified when Flex Alerts take place and indicate if they plan to participate. Then, CalISO will be able to validate those responses by zip code, giving the grid operator better visibility into which areas of the grid might see some relief.

TVA launches $500M green bond offering; Fitch assigns it AAA but says outlook is...

The Tennessee Valley Authority (TVA) announced and priced a $500 million offering of 10-year maturity green bonds today, its first offering of a sustainability-focused financial instrument.

Biden’s proposed tenfold increase in solar power would remake the US electricity system

I think the grid of the future will need much higher levels of transmission, energy storage and programs that encourage customers to shift the times when they use power to periods when it’s most abundant and affordable.
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Illinois House OKs zero-carbon power plan, Senate is next

The legislation requires a $700 million subsidy to keep the state’s nuclear power-plant fleet afloat, and includes provisions that would close coal plants in central and southwest Illinois, invest in renewable energy such as wind and solar and a $4,000 rebate to encourage the purchase of electric vehicles.

Study: Clean energy developers are unfairly burdened with transmission upgrade costs

The analysis focused on a representative sample of network upgrades in the MISO and SPP regions. Even with conservative assumptions, ICF found significant system-wide benefits in two-thirds of the upgrades evaluated — benefits that other users of the shared system are receiving at little to no cost.

Report: Solar could power 40% of US electricity by 2035

To achieve 40% solar power by 2035, the U.S. must install an average of 30 gigawatts of solar capacity per year between now and 2025 — double its current rate — and 60 gigawatts per year from 2025 to 2030, the report said.
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Ontario distributors investigate local transactive energy market

Three Ontario distribution companies are to demonstrate the potential for customer owned distributed energy resources (DER) to provide services to the networks.

Lawmakers: Ida damage shows need for infrastructure upgrades

Shaken by haunting images of surging rivers, flooded roads and subways and other damage caused by the remnants of Hurricane Ida, lawmakers from both parties are vowing to upgrade the nation's aging infrastructure network.

Technology providers work with Australian grid operator on DER market design trial

Today, the Australian Energy Market Operator (AEMO), Australia’s power system and market operator, announced the architecture and technology partners for Project EDGE, a new initiative that will enable distributed energy resources (DER) to provide...
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What would you do with an interactive model of the entire US electricity system?

A group of investors are betting more than $21M that utilities, project developers, regulators policymakers and financial institutions will use Kevala's tool to make better decisions about how to plan for a net-zero future.