Inflation Reduction Act could unleash $3 trillion in renewable energy investments Energize Weekly, August 23, 2023 The $1.2 trillion in incentives proposed under the U.S. Inflation Reduction Act (IRA) will spur about $3 trillion investment in renewable energy technology over the next decade, according to Goldman Sachs Research. Goldman Sachs said the IRA has created…
DOD Backs Offshore Wind Project Near California Space Force Base Aug 11, 2023 A pilot floating offshore wind project near the California coast has been approved by the U.S. Dept. of Defense (DOD), the first of several steps needed by the 60-MW project that would be located near the Vandenberg Space Force Base. Vandenberg, in…
Data Centers in Oregon Strain Electricity Grid and Challenge Clean Energy Goals AUG 12, 2023 Data centers in Oregon are expected to consume significantly more electricity than initially estimated, according to three recent forecasts. This unexpected increase in energy consumption is placing additional strain on the Northwest electrical grid and raising concerns about the state’s…
Experts eye ways to mitigate physical assaults on US power grid 11 Aug, 2023 Industry experts offered a range of ideas for how power system planners can help bolster physical grid security during an Aug. 10 technical conference hosted by Federal Energy Regulatory Commission staff. The gathering, held jointly with staff of the North American…
Public meeting held to address proposal to close four coal plants in Western Kentucky Aug. 14, 2023 People from across Western Kentucky voiced their concerns over a proposal to close several coal plants. In Madisonville, the Public Service Commission hosted a public comment session Monday to address a recent proposal from Louisville Gas and Electric…
Hawaiian Electric shares plummet 40% after Maui wildfires lawsuit August 15, 2023 Shares of Hawaiian Electric have plummeted nearly 40% since trading opened Monday over concerns that the utility company could be held liable for damage wrought by the Maui wildfires. A class-action lawsuit filed against Hawaiian Electric on Saturday alleges that the company “inexcusably…
How a grid rule change could derail Texas renewables 08/04/2023 In the midst of a sweltering summer when renewable energy has helped Texas avoid grid outages despite record demand, wind and solar companies are warning that a proposed rule may cripple their industry. The state’s main grid operator is reviewing a plan that would require…
SRP and APS report record-breaking electricity demand during July heat wave Aug. 4, 2023 After July’s historic heat wave, both SRP and APS reported electricity demand skyrocketed, and the companies recorded the highest demand they have ever seen from customers. Both companies say it only takes one megawatt to power 160 Arizona homes. Last month,…
PSC to retire several coal, natural gas plants Aug 4, 2023 The Kentucky Public Service Commission (PSC) will provide several opportunities over the next month for the public to receive information and provide comments regarding Louisville Gas and Electric and Kentucky Utilities’ (LG&E/KU) request to retire four coal-fired electric generating units and three natural gas…
Cyberattacks on the power grid are on the rise as utilities seeking security play catch-up Energize Weekly, August 9, 2023 In the summer of 2022, the Colorado Springs Utilities alerted its customers that their data from its system had been hacked. Several months later, 2,000 wind turbines in Germany were shut down when their remote…
Wind and solar are propping up the Texas power grid amid a brutally long heat wave July 28, 2023 As Texas bakes under a sweltering heat dome this summer and people crank their air conditioners, the state’s energy demand has smashed records. But the power has stayed on and prices haven’t spiked tremendously. Thank wind…
Northland transmission line to boost reliability as renewables replace power plants July 31, 2023 Large cross-country transmission lines carrying clean energy from remote rural areas to population centers will be a key strategy for reducing emissions. But as a project in Minnesota illustrates, the grid puzzle is more complicated than that. Connecting central and northern…
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