The king of oil bets on batteries for a green world LONDON, Sept 30 (Reuters) – Alex Beard is losing his thirst for oil. Once one of the world’s most powerful oil traders, the former Glencore (GLEN.L) executive is now raising money to build a portfolio of strategic battery sites across the United Kingdom to … Continue reading The king of oil bets on batteries for a green world
PJM’s ‘focused’ MOPR takes effect, boosting renewables and nuclear as FERC commissioners deadlock FERC’s inability to reach a decision on PJM’s proposed changes to its MOPR — a rule designed to prevent a market participant from offering artificially low bids to suppress capacity prices — is the latest twist in a controversial regulatory process. In … Continue reading PJM ‘s ‘focused’ #MOPR takes effect, boosting renewables and nuclear as FERC commissioners deadlock
Rise Light & Power to Transform Former Coal-Fired Power Plant into Clean Energy Hub, Connecting Offshore Wind to New Jersey’s Electric Grid Project to power 1.4 million homes with offshore wind while avoiding need to bury high-voltage power cables under New Jersey’s beaches Rise’s acquisition of former coal plant in South Amboy continues company’s mission … Continue reading Rise Light & Power to Transform Former Coal-Fired Power Plant into Clean Energy Hub, Connecting Offshore Wind to New Jersey’s Electric Grid
Reshaping renewable storage As the energy sector moves increasingly towards green transition, new challenges are emerging. One of the main disadvantages of renewable energy sources – their dependence on potentially inconsistent weather – is thus drawing attention to energy storage systems, which can store and provide power according to demand. Growing in popularity along with … Continue reading Reshaping renewable storage
FERC complaint highlights ‘structural problem’ for renewables A Midwest wind farm was hit with unexpected costs from connecting to the wider grid in a case that could discourage renewable energy development in the region, according to a complaint filed with the Federal Energy Regulatory Commission. Nebraska-based energy company Tenaska claims grid operators charged the company … Continue reading FERC complaint highlights ‘structural problem’ for renewables
Renewable IPP Voltalia begins construction of 32MW / 32MWh battery project in England Paris-headquartered renewable energy power producer Voltalia has begun construction of a 32MW / 32MWh battery energy storage system (BESS) project in the UK. Hallen, a lithium-ion battery asset, is to be located near the city of Bristol in the Avonmouth area of … Continue reading Renewable IPP Voltalia begins construction of 32MW / 32MWh battery project in England
New report finds SPP, MISO and PJM transmissions need overhauled to accept more renewable energies Plains, Midwest, and Mid-Atlantic shows how the current processes in and between regional transmission organizations (RTOs) are impeding the development of low-cost renewable power. The analysis from Concentric Energy Advisors, commissioned by the American Council on Renewable Energy (ACORE) as … Continue reading New report finds SPP, MISO and PJM transmissions need overhauled to accept more renewable energies
Renewable energy growth is being slowed by current transmission planning, ACORE study says The report warns that because of long lead times, the window “may be closing” on transmission upgrades needed to support a range of renewable energy goals. A study of transmission planning in the Great Plains, Midwest, and Mid-Atlantic states says that current … Continue reading Renewable energy growth is being slowed by current transmission planning, ACORE study says
Subsidies a Bone of Contention as Renewable Energy Producers Seek Federal Ruling Supporters of expanding renewable energy are headed for a showdown with New England’s energy market operator at the Federal Energy Regulatory Commission over an arcane rule that could have major implications in the near future for how much is invested in solar and … Continue reading Subsidies a Bone of Contention as Renewable Energy Producers Seek Federal Ruling
Oklahoma is making trials for its renewable energy potential The Rush Springs Energy Storage Facility in Oklahoma is conducting trials for NextEra Energy’s renewable energy. The facility is hosting nine structures that will be pairing with the grid for more tests. The structures contain numerous batteries capable of running a laptop. Those batteries give NextEra’s … Continue reading #Oklahoma is making trials for its renewable energy potential
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