Renewables

Getting Smart about the Integrated Grid

In New York it’s where we’re staking our energy future.

Disruptive technologies such as microgrids and battery storage devices are commendable but they are supporting actors and must still work with the centralized grid.

Digest (June 2015)

Duke Energy completed the sale of its non-regulated Midwest Commercial Generation Business to Dynegy for $2.8 billion; Sempra U.S. Gas & Power acquired the Black Oak Getty wind project in Minnesota from Geronimo Energy; Toshiba received an order to supply two sets of 175-MW steam turbine and generators in Chihuahua, Mexico; Alstom Grid was awarded a $23 million contract to supply the first 500 kV substation a substation near Bogota, Colombia; SunEdison agreed to construct and install three solar power plants in southern Utah with a total capacity of 262 MW; Mississippi Power plans to build utility-scale solar farms with a combined capacity represent the largest solar installation in the state; Phoenix Energy's joint venture, North Fork Community Power's project was awarded a $4.9 million grant to construct one of the first forest-sourced biomass gasification plants; Westinghouse Electric will increase the capacity of the cooling system at the Central Interim Storage Facility for Spent Nuclear Fuel (Clab) located in Sweden.

Digest (April 2015)

PG&E asked state regulators for permission to build ~ 25,000 EV chargers across its service area in Northern and Central California - if approved, it would mark the largest deployment of EV charging stations in the country; Lockheed Martin and Dominion Resources have co-developed a new smart grid technology called VirtuGrid to enable remote detection of power outages for faster mapping and response; Panda Power Funds and Sunbury Generation LP will develop, finance, construct and operate a 1,000-MW gas-fired, combined-cycle power project in Pennsylvania; Siemens secured an order of 157 wind turbines in South Africa from Mainstream Renewable Power; PSE&G recently put two new landfill solar farms in service as part of its Solar 4 All program; Exelon Generation will add 195-MW of electric generation capacity at the Medway (Mass.) facility; ABB won a $35 million order for gas-insulated switchgear and shunt reactors from Belgian electricity transmission system operator Elia; Iberdrola USA agreed to acquire UIL Holdings and create a newly listed publicly traded company; Chesapeake Utilities agreed to merge Gatherco into Aspire Energy of Ohio, a wholly-owned subsidiary; and others...

Digest (February 2015)

Europe’s largest battery-storage project was officially opened in England; CODA Energy announced operation of the largest behind the meter lithium-ion energy storage system in the Los Angeles basin; FERC approved construction of Constitution Pipeline’s natural gas pipeline to New York and New England markets; FERC approved a facilities construction agreement for Minnesota Power’s Great Northern Transmission Line; General Electric received an order from the Tennessee Valley Authority for two high-efficiency 7HA.02 gas-fired turbine generators; A Renewable Energy Southern Company subsidiary plans to develop a 131- MW PV solar project in Georgia; GE Global Research and others partnered on a research project to improve reliability and resiliency of electricity delivery in northern New York; Duke Energy Renewables acquired the Halifax Solar Power Project from Geenex and ET Solar Energy;  Dominion Resources agreed to purchase Carolina Gas Transmission from SCANA Corp.; and others...

Early Clean Power Planning

A hedging strategy for sec. 111(d).

While the public comment period on EPA’s Clean Power Plan proposed rule has closed, there are still opportunities to engage in the federal policymaking process before the summer 2015 release of the final rule.

Digest (January 2015)

FERC approved the proposed merger of Exelon and Pepco Holdings; SunEdison and TerraForm Power agreed to acquire First Wind for $2.4 billion; NorthWestern Energy closed on its $900 million purchase of facilities from PPL Montana; Siemens Energy Management partnered with Microsoft and FuelCell Energy to develop the nation's first zero-carbon, waste-to-energy data center; ABB commissioned a power solution that will control power flow and enhance grid stability in Michigan; AES Southland was awarded a 20-year PPA by Southern California Edison to provide 100 MW of interconnected battery-based energy storage; Renewable Energy Systems Americas developed what will be the largest, fully commercial energy storage projects in North America; Westinghouse Electric, China's State Nuclear Power Technology Corp., and Electricity Generation Co. agreed to develop and construct a four-unit nuclear power plant site in the Republic of Turkey. And others ...

Digest (December 2014)

NRG Energy and MGM Resorts International completed installation of the world's largest rooftop solar array on a convention center;

Southern California Edison on November 5 announced the largest purchase of grid-connected energy storage in U.S. history. NRG Energy acquired Pure Energies Group; Duke Energy Progress filed with FERC for approval to purchase $1.2 billion in generating assets;

The U.S. Department of Energy authorized Bechtel to resume engineering work at a facility that will treat some of the nation's liquid radioactive waste; Burns & McDonnell plans to develop a grid stability awareness system;

Governor Andrew M. Cuomo announced the launch of New York's first energy management network operations center. And others...

Digest (Oct 2014)

Vattenfall awards Siemens Energy contract for wind turbines; Minnesota Power to build solar energy array at Minnesota National Guard Camp Ripley; Echelon agrees to sell grid operations to S&T AG; DTE Energy teams with Ford Motor Company to build Michigan’s largest solar array.

A Greener Standard Offer

A new model to help restructured states add renewables to the default service portfolio.

By taking the intermittent supply of the renewable generator out of the generator’s compensation, the developer (and lenders) receive the stability they crave while supply customers avoid products they do not need.

Fueling America's Economic Engine

New energy economy also relies on some old fossil friends.

It has not been public investments in sustainable fuels and modern tools that have led to the re-awakening of the U.S. economy. Rather, it’s been mostly private investment in shale gas development that has led to new capital formation, infrastructure development and jobs galore.