PJM’s proposed long-term regional transmission planning marks a new way forward. How much it will deliver is still uncertain. It may be a new calendar year, but the US grid is facing many of the same challenges it did in 2023, including lengthy interconnection queue delays, a lag in transmission buildout, and accelerating fossil retirements. … [continued]
Solar power is not just for rich people, but it’s not free and you typically need to show a decent credit score to finance it. As with many things in life, the less wealthy people in society are left behind a bit as we transition into this cleaner, more financially … [continued]
While natural gas plants underperform, wind farms outperform.
U.S. electricity generation from renewable sources, such as hydropower, wind, and solar, accounted for 20% of electricity generation both in 2020 and in 2021. We expect that share to increase to 22% in 2022 and to 24% in 2023 as more generating capacity from wind and solar come online and … [continued]
The US Federal Energy Regulatory Commission (FERC) announced a directive just a few days before Christmas which will require PJM Interconnection to raise prices of wind and solar power to be in line with the cost of fossil fuels
The cost of commercial and industrial scale solar and wind power is still headed down. Power purchase agreement (PPA) contract prices examined in five independent energy distribution territories in the country showed indexed prices down by $0.39/megawatt-hour, or 2.3% during first quarter of this year compared with the fourth quarter of 2018, according to LevelTen Energy’s latest report in May.
New Jersey has firmly embraced the concept of solar for all with its new 225 megawatt community solar program, within which 40% of all capacity is earmarked for low- and moderate-income consumers. The three-year pilot program was designed by the New Jersey Board of Public Utilities (BPU) to serve up to 30,000 homes. The evolution of the project will determine the terms of the permanent program thereafter.
Vehicle-to-grid technology has been the ever-elusive golden egg for many renewable energy advocates, but always seems to get stuck because, among other things, it’s expected the average buyer of a personal vehicle won’t want to pay for it — which means manufacturers won’t have an incentive to build the tech into their cars.
The US Federal Energy Regulatory Commission has this week rejected a proposal filed earlier this year by PHM Interconnection seeking permission to restrict energy efficiency resources from entering the wholesale market, a move which has been praised by energy efficiency proponents.
PJM Interconnection, a transmission operator serving parts of the eastern United States, has published a report confirming that its system can remain reliable even with the addition of more natural gas and variable renewable energy sources.
