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AEP ’s renewable buildout has flexibility to handle uncertainty in the solar market

AEP’s renewable buildout has flexibility to handle uncertainty in the solar market AEP expects to spend about $8.2 billion from 2022 through 2026 as part of its plan to shift its generating fleet to about half renewable energy by the end of the decade, according to the Columbus, Ohio-based company’s earnings presentation. To help get … Continue reading AEP ’s renewable buildout has flexibility to handle uncertainty in the solar market

#FirstLight_Power Expands Clean Energy Portfolio With Acquisition of Two Hydroelectric Facilities in Western #Pennsylvania

FirstLight Power Expands Clean Energy Portfolio With Acquisition of Two Hydroelectric Facilities in Western Pennsylvania BURLINGTON, Mass.–(BUSINESS WIRE)–FirstLight Power, a leading clean provider of renewable energy and energy storage resources, today announced the company has acquired two Western Pennsylvania hydroelectric facilities from H2O Power, a leading owner and operator of hydroelectric facilities in Ontario, Canada. … Continue reading #FirstLight_Power Expands Clean Energy Portfolio With Acquisition of Two Hydroelectric Facilities in Western #Pennsylvania

Oregon nuclear reactor company #NuScale begins trading on Wall Street

Oregon nuclear reactor company NuScale begins trading on Wall Street Shares in Oregon nuclear energy company NuScale Power began trading Tuesday on the New York Stock Exchange, part of a deal with an investment fund that raised $380 million for its modular reactor technology. NuScale, founded in 2007 with technology developed at Oregon State University, … Continue reading Oregon nuclear reactor company #NuScale begins trading on Wall Street

US government ramps up battery supply chain support with US$3.1 billion funding opportunity

US government ramps up battery supply chain support with US$3.1 billion funding opportunity The US Department of Energy (DOE) has formally launched a US$3.16 billion grant funding opportunity for its domestic battery supply chain, the latest in a series of moves to support the sector. The funding opportunity announcement (FOA) is made up of two … Continue reading US government ramps up battery supply chain support with US$3.1 billion funding opportunity

Get Ready for Another Energy Price Spike: High Electric Bills

Get Ready for Another Energy Price Spike: High Electric Bills Rates have jumped because of a surge in natural gas prices and could keep rising rapidly for years as utilities invest in electric grids. Already frustrated and angry about high gasoline prices, many Americans are being hit by rapidly rising electricity bills, compounding inflation’s financial … Continue reading Get Ready for Another Energy Price Spike: High Electric Bills

#BPA, #Tucson_Electric_Power newest to join CAISO ‘s Western Energy Imbalance Market

BPA, Tucson Electric Power newest to join CAISO’s Western Energy Imbalance Market Bonneville Power Administration and Tucson Electric Power are the newest participants in the California Independent System Operator’s Western Energy Imbalance Market after formally joining May 3. WEIM now has 19 participants serving 77% of the demand for electricity in the Western United States, … Continue reading #BPA, #Tucson_Electric_Power newest to join CAISO ‘s Western Energy Imbalance Market

#Idaho_Power announces large-scale battery storage project to help with reliable service

Idaho Power announces large-scale battery storage project to help with reliable service BOISE, Idaho — Idaho Power will install 120 megawatts of battery storage, the first utility-scale storage system in Idaho. The batteries don’t generate electricity, but store power during periods of low use, according to Idaho Power. The company will need additional capacity as … Continue reading #Idaho_Power announces large-scale battery storage project to help with reliable service

Renewables Met All of #California ‘s Energy Needs for the First Time Ever

Renewables Met All of California’s Energy Needs for the First Time Ever The supply of renewable energy, mostly solar, briefly met the state’s total demand for energy on Saturday in a landmark moment for sustainability. For a few minutes on Saturday afternoon, all of California’s energy needs were met by renewable energy for the first … Continue reading Renewables Met All of #California ‘s Energy Needs for the First Time Ever