In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated, potentially impacting stakeholders across the energy sector.
Historically, transmission incentives, including CWIP, were designed to encourage investment in the nation's aging and overburdened transmission infrastructure. By allowing utilities to recover costs during the construction phase,...
In a significant move that underscores the growing demand for reliable and sustainable energy to power the expanding digital infrastructure, the Federal Energy Regulatory Commission (FERC) has approved an interconnection agreement between Talen Energy, Amazon Web Services (AWS), and Exelon. This...
Siemens proposes 10 mini-grids that will cover most of Puerto Rico and will be designed to enhance resiliency to withstand or recover quickly from future natural disasters.Design enhances reliance on renewables and exceeds the established renewables penetration goal by 15 percent.Today, Siemens...
NuVision Solar, an American-owned and operated manufacturer of solar cells and modules, has announced its entry into the North American market. This strategic move aims to bolster domestic solar manufacturing and reduce reliance on imported solar components. Background The U.S. solar industry has...
Florida, often referred to as the Sunshine State, has truly embraced its nickname by becoming a leader in solar power adoption. In 2024, Florida installed the second-highest solar power capacity in the United States, marking a significant milestone in the state’s journey toward clean energy....
In the wake of the tumultuous political climate during Donald Trump's presidency, scientists across the United States have expressed deep concern about the potential loss of crucial climate data. These fears emerged from a broader apprehension that, in the midst of political upheaval, the progress...
In a significant shift in its renewable energy strategy, New Jersey has recently decided to cancel its plans to award a fourth offshore wind farm project. The decision marks a crucial moment in the state’s ongoing efforts to expand its offshore wind sector, which has long been hailed as a...
The Coastal Virginia Offshore Wind (CVOW) project, one of the United States’ largest offshore wind developments, has encountered an increase in its projected costs, but it remains on track to meet its scheduled completion by the end of 2026. The project, spearheaded by Dominion Energy, is set...
As the U.S. strives to strengthen its domestic renewable energy sector, ES Foundry, a new player in solar cell manufacturing, is helping to reshape the landscape. The company recently celebrated the grand opening of its cutting-edge facility in South Carolina, marking a significant step toward...
Sunnova, a prominent player in the residential and commercial solar industry, has recently announced a game-changing partnership with OpenSolar, a software company that provides a robust platform for solar installers. This new collaboration aims to leverage artificial intelligence (AI) to enhance...
New York State's transition to a clean, zero-emissions energy grid could include up to 8.5 gigawatts (GW) of grid flexibility by 2040, according to a new report from the Brattle Group. This projection, while contingent on achieving ambitious decarbonization goals, illustrates how the state could...
