NERC: Summer Grid Outlook Improved But Still Vulnerable to Extreme Weather, Demand Growth Spikes

Credit to Author: Sonal Patel| Date: Thu, 16 May 2024 20:01:56 +0000

All regions across the bulk power system (BPS) are generally prepared to meet resource adequacy criteria to meet normal peak demand this summer, but ongoing concerns about extreme weather events, […]

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NERC’s 2024 Summer Reliability Assessment (SRA) finds that a large part of North America remains at risk of supply shortfalls, while other areas show reduced risk due to resource additions. Expected wide-area heat events that affect generation, wind output, or transmission systems coupled with demand growth in some areas are contributing to adequacy risks for resources and transmission. All areas are assessed to have adequate supply for normal peak load due, in large part, to a record 25 GW of additional solar capacity added since last year. However, energy risks are growing in several areas when solar, wind, and hydro output are low. Courtesy: NERC

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America Exceeds Five Million Solar Installations Nationwide

Credit to Author: Contributed Content| Date: Thu, 16 May 2024 12:15:44 +0000

The U.S. has officially exceeded five million solar installations, marking a significant achievement in the nation’s clean energy transition. This milestone comes just eight years after the U.S. reached one […]

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Clean Energy Group Receives Financing for New York Community Solar Project

Credit to Author: Contributed Content| Date: Wed, 15 May 2024 16:41:41 +0000

A company that supports solar power and battery energy storage systems (BESS) is part of a project that will support a portfolio of community solar projects across the state of […]

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How Regulatory Burdens and Misguided Incentives Are Degrading Power System Reliability

Credit to Author: Aaron Larson| Date: Tue, 14 May 2024 12:55:43 +0000

It’s no secret that the U.S. electric power system has undergone a remarkable transition that continues today. Coal-fired generation, which was the leading source of power generation during the 20th […]

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First Utility-Scale Solar Project Announced Under TVA Generation Flexibility Program

Credit to Author: Darrell Proctor| Date: Mon, 13 May 2024 20:42:26 +0000

An independent power producer and a major electric cooperative—both based in Tennessee—have announced an agreement to partner on a utility-scale solar power installation to serve customers in that region. Nashville-based […]

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Report: Renewables Generating Nearly One-Third of Global Electricity

Credit to Author: Darrell Proctor| Date: Wed, 08 May 2024 19:14:17 +0000

A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. […]

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Federal Policies and Incentives Drive Demand for American-Made Solar Power Modules

Credit to Author: Aaron Larson| Date: Wed, 01 May 2024 10:11:49 +0000

The U.S. was one of the world leaders in solar equipment manufacturing a few decades ago, but then the Chinese stole the show. Now, however, American companies are finding a lot of new opportunities as a

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How the Massive Growth in Solar Power Is Affecting Power Grids

Credit to Author: Aaron Larson| Date: Wed, 01 May 2024 10:07:47 +0000

The Solar Energy Industries Association (SEIA) reported in March that the U.S. solar industry installed 32.4 GWdc of capacity in 2023, a remarkable 51% increase compared to 2022. It was the industry’s

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Eaton Among Groups Supporting Microgrid Buildout in Puerto Rico

Credit to Author: Darrell Proctor| Date: Wed, 01 May 2024 10:05:43 +0000

Companies operating in Puerto Rico have paid particular attention to the reliability and resiliency of their power supply after a series of major hurricanes battered the island in recent years. Those storms

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Planning for ‘Flip Dates’ in Tax Equity Partnerships

Credit to Author: Contributed Content| Date: Tue, 30 Apr 2024 13:44:23 +0000

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships […]

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