Almost half of Australian big business moving to renewables Climate Council says capacity of firms to generate solar power has doubled in less than two years Almost half of Australia’s large businesses are actively transitioning to cheaper renewable energy, including many going off the grid by building their own generators and battery storage, as power … Continue reading Almost half of #Australian big business moving to renewable s
Shell Spreads Its Bets Around as It Prepares for a Greener Future COVENTRY, England — There seems to be little about the scrappy energy company in central England that would appeal to Royal Dutch Shell, the button-down oil giant. The little company, First Utility, is an upstart challenger. It offers friendly customer service, and low … Continue reading #Shell Spreads Its Bets Around as It Prepares for a Greener Future
What Upcoming PJM Capacity Auctions May Mean for Nukes, Renewables and Demand Response “These rules could be early signals of a new market design paradigm.” Capacity prices in the PJM interconnection have seen a steep decline in the last two auctions. But Wood Mackenzie’s Power and Renewables team expects the upcoming 2021/2022 capacity auction will … Continue reading What Upcoming PJM Capacity Auctions May Mean for #Nukes, Renewables and Demand Response
The shifting winds of near-term renewable energy demand drivers Historically, U.S. renewable development was driven almost exclusively by renewable portfolio standards (RPS), state-level renewable mandates that have facilitated above-market compensation for renewable generation owners. In recent years, corporate demand has emerged as an increasingly important driver, with corporate off-takers accounting for more than 30% of … Continue reading The shifting winds of near-term renewable energy demand drivers
New Jersey could get 2GW of storage to help reach 50% renewables target New Jersey is the latest US state to set itself targets for the deployment of energy storage, with newly passed legislation calling for 600MW of the technology within three years. A bill, S2314/A3723, passed last week as one of three sustainability and … Continue reading #New_Jersey could get 2GW of storage to help reach 50% renewable s target
Like Coal, Natural Gas Losing Ground to Renewables As expensive, dirty coal power staggers toward its inevitable demise, natural gas has come to dominate the electricity market. Now natural gas is also losing ground to cleaner, cheaper renewable energy sources and technological advances. Last year, both natural gas and coal generation fell for the first … Continue reading Like Coal, Natural Gas Losing Ground to Renewable s
Palo Verde nuclear plant could close if renewable-energy measure passes, APS says The nation’s biggest producer of electricity, the Palo Verde Nuclear Generating Station, could be forced to close in the next decade if voters approve a renewable-energy ballot measure, the plant’s owners said. The plant is run by Arizona Public Service Co., which is … Continue reading #Palo_Verde nuclear plant could close if renewable – energy measure passes, APS says
New Jersey legislature approves renewable energy target increase, zero-emissions credit program New Jersey lawmakers recently approved two sets of companion bills, one which increases the state’s renewable energy target and one that creates a zero-emissions credit program. The clean energy set of bills, A3723 and S2314, would increase the solar target and increase the overall … Continue reading #New_Jersey legislature approves renewable energy target increase, zero-emissions credit program
Renewables Are Closing In On Fossil Fuels Coal has been getting the squeeze for years now, but the plunging cost of renewable energy is already starting to give natural gas a run for its money. The implications for the incumbent fossil fuel industry are dire. “Coal and gas are facing a mounting threat to their … Continue reading #Renewables Are Closing In On Fossil Fuels
Apple says it’s now powered by 100 percent renewable energy worldwide Apple announced today that its business is now powered by 100 percent renewable energy sources. The news is a major victory that the iPhone maker has been working toward for years through the purchase of green energy bonds and other renewable investments in its … Continue reading #Apple says it’s now powered by 100 percent renewable energy worldwide
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