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,...
Quantifying investments for plant upgrades and new pumped storage BY LINDSEY ROGERS, Electric Power Research Institute (EPRI) In the early 1900s, hydro was the mainstay generation resource. Today, it has evolved to be a less prominent, but still highly valued, flexible form of renewable generation....
A coalition of large energy consumers and ratepayer advocates has filed a complaint with the Federal Energy Regulatory Commission (FERC), urging the agency to prohibit transmission owners from independently planning "local" transmission projects exceeding 100 kilovolts (kV). The coalition argues...
In an era marked by the urgent need for sustainable energy solutions, the U.S. Department of Energy (DOE) has embarked on a transformative initiative to enhance interregional transmission planning. The latest findings from the DOE’s transmission planning study have identified several...
INTRODUCTIONNatural and man-made disasters threaten the electric grid’s ability to deliver reliable, high-quality power. Routine voltage sags and momentary interruptions impact power quality and are costly to producers and consumers. As the U.S. economy becomes increasingly dependent on...
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...
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...
As the U.S. energy landscape shifts towards cleaner, renewable sources, stakeholders in the solar, storage, and broader clean energy sectors are intensifying their lobbying efforts in Washington, D.C., aiming to secure the future of critical tax incentives introduced under the Inflation Reduction...
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...
In December 2024, the U.S. Department of Energy (DOE) announced funding to support community-led geothermal projects, aiming to enhance local energy resilience and promote equitable access to renewable energy. This initiative underscores the DOE's commitment to empowering communities in the...
