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September 30, 2024

Renewable Power

Hydro-Québec
Québec, New England See Shifting Role for Canadian Hydropower
With the days of endless cheap hydropower in Québec coming to an end, and the Northeastern U.S. hoping to rapidly scale up intermittent renewables, the two regions may be forced to fundamentally reconsider the role of hydropower on the grid. 
Dominion Energy
Dominion Sells 50% of Coastal Virginia Offshore Wind to Stonepeak
Dominion Energy reported earnings of $2 billion in 2023 and announced that it has closed on an equity partner for its Coastal Virginia Offshore Wind project. 
Worldview Films
Avangrid Avoids Major Offshore Wind Losses
Avangrid reported a year-over-year decrease in income but said a timely pause in its offshore wind projects saved it from write-offs that could have run into the billions.
State of Nevada
Nevada Draft Climate Plan Outlines GHG-reduction Priorities
Nevada's Division of Environmental Protection received a $3 million federal grant to develop the strategy, known as the Priority Climate Action Plan.
National Press Club
Granholm Praises Impact of US Clean Energy Industrial Policy
Clean energy policies funded by the IRA and IIJA have been key to the U.S. economy’s strong performance, Energy Secretary Jennifer Granholm said at the National Press Club.
Shutterstock
US Needs More Renewables to Meet IRA Emissions Goal, Report Finds
A new report finds that U.S. zero-emission vehicle sales meet industry expectations set upon passage of the IRA but utility-scale clean electricity expansion fall short.
Friends of Sears Island
Maine Chooses Nature Preserve for Floating Wind Port
Sears Island on Maine’s central coast is the preferred site for a port to support the offshore wind farms state leaders hope will be built nearby. 
Ørsted
Oceantic Recaps Glum 2023, is Optimistic for OSW in 2024

The industry gyrations of 2023 have put near-term U.S. offshore wind goals out of reach, but the sector will rebound, its trade organization reports.

EIA
Fossil Retirements to Slow Briefly as Solar and Storage Proliferate
The U.S. Energy Information Administration reports that fossil fuel generation retirements will slow in 2024 and that solar and storage will dominate capacity additions. 
Lawrence Berkeley National Laboratory
Berkeley Lab Reports Narrowing Income Gap on Residential Solar
The 2023 edition of a federal rooftop solar demographic report finds the median household income of people installing solar systems has decreased but is still well above Americans as a whole.

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