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July 2, 2024

NetZero Insider

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Constellation Energy
Constellation Reports Strong Financials, Bright Nuclear Future
Constellation reported strong 2023 earnings and projected strong growth in large part due to its nuclear fleet.
BOEM
BOEM Issues Environmental Study of Park City, Commonwealth Plans
The Bureau of Ocean Energy Management has completed the environmental impact assessment of the proposed Park City and Commonwealth offshore wind proposals.
BloombergNEF
BCSE Factbook: Federal Incentives Can’t Solve All Clean-tech Challenges

The momentum created by billions of dollars in federal incentives and tax credits has been tempered by supply chain constraints and the impacts of inflation and higher interest rates.

© RTO Insider LLC
West Coast OSW Will Require Robust Supply Chain
The floating offshore wind projects envisioned for the West Coast will require a much more robust supply chain and system of ports, according to industry officials speaking at Oceantic Network’s Floating Offshore Wind Port and Vessel Summit.
AEU
AEU Grades ISO/RTO Queues as Order 2023 is Implemented
Advanced Energy United has released a scorecard that ranks the seven domestic ISO/RTOs on their generator interconnection processes, finding room for improvement in every one.
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. 
Three Mile Bay Fire Company
Insurer: Majority of BESS Failures are in First Two Years
A new report indicates battery energy storage system failures are ramping up with the spread of the technology, and most often occur in new systems. 
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.

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