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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

Electric utilities spending millions to lower #wildfire risk

Electric utilities spending millions to lower wildfire risk SEATTLE (AP) — Private electric utilities in the Pacific Northwest are planning tens of millions of dollars in upgrades to reduce the risk that their power lines could spark wildfires during extreme weather. Utilities such as Pacific Power, Avista, Idaho Power, Portland General Electric and Puget Sound … Continue reading Electric utilities spending millions to lower #wildfire risk

#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

Largest US grid operator puts 1,200 mostly solar projects on hold for 2 years

Largest US grid operator puts 1,200 mostly solar projects on hold for 2 years LOUISVILLE, Ky. — The nation’s largest electrical grid operator has approved a new process for adding power plants to the sprawling transmission system it manages, including a two-year pause on reviewing and potentially approving some 1,200 projects, mostly solar power, that … Continue reading Largest US grid operator puts 1,200 mostly solar projects on hold for 2 years

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

#Texas bracing for upcoming heat wave, potential strain on ERCOT power grid

Texas bracing for upcoming heat wave, potential strain on ERCOT power grid Temperatures Friday through Monday are expected to creep into the 90s and even reach triple-digits in some North Texas counties, upping the demand for power. An upcoming heat wave this weekend could strain the power grid. Temperatures Friday through Monday are expected to … Continue reading #Texas bracing for upcoming heat wave, potential strain on ERCOT power grid