Duke Carolinas Completes $1B Green Bonds Issue to Finance Renewables and Energy Storage
Duke is focused on emissions reduction by retiring coal-fired plants, increasing nuclear generation capacity and has add close to 650 MW of built or purchased solar energy.
Putting PURPA Under a Microscope
A 40-year-old law that’s been key to the growth of renewable energy in the U.S. may be due for an overhaul.
Major Energy Storage Consolidation: C&D Technologies Acquires Trojan Battery
When two battery companies with almost 100-year histories combine, the result is one huge battery player, ready to meet the growing demand for energy storage solutions. That’s the idea at least behind Trojan Battery Company’s announcement last week that it is being acquired by C&D Technologies.
California Moves to Replace Gas Plants With Battery Storage
PG&E Corp. plans to replace three natural gas-fired power plants in California with battery-storage systems as the state continues its push to squeeze fossil fuels out of the electricity mix.
Digital Future Carries the day at Schneider Electric Innovation Summit
And CEO Jean-Pascal Tricoire, the French CEO of Schneider Electric, said it was fitting to focus so much on digital in North America. “This is the birthplace,” he said in the opening keynote at the Hilton Atlanta downtown. “This is where it all started.”
Electricity is the ‘New Fuel of Choice’ Says IEA
According to the International Energy Agency, “2018 is the year of electricity” and global electricity supply “is being transformed by the rise of renewables”.
Governors Urge FERC To Consider the Renewable Benefits of One Unified Electricity Grid
The so-called “Seams Study” conducted by NREL and presented at POWER-GEN International in December 2017 during a session called #RocktheGrid is the basis of a new proposal put forth by a group of 18 U.S. governors. The bipartisan Governor’s Wind and Solar Energy Coalition sent a letter on November 9 to the Federal Energy Regulatory Commission (FERC) urging commissioners to consider the benefits to the entire country of one unified electricity grid.
California CCAs Double Renewable Energy Commitment, Adding 1 GW Capacity, in One Year
The California Community Choice Association (CalCCA) announced this week that community choice aggregators (CCAs) in the state have signed long-term contracts with new renewable energy facilities totaling more than 2,000 MW (2 GW), reflecting a strong commitment by CCAs to drive clean energy and economic development in California and help the state achieve ambitious decarbonization and climate change goals.
Solar and Wind Now the Cheapest Power Source Says BloombergNEF
Unsubsidised solar and onshore wind are now the cheapest source of new bulk power in all major economies except Japan thanks to falling technology costs.
Mixed Results for Renewable Energy Agenda in the 2018 Midterms