rps

Legislation passed in Rhode Island will commit the state to procure 100% of its electricity from renewable energy sources by 2033. If Gov. Daniel McKee, as expected, signs the bill into law, the Ocean State could have the nation’s fastest timeline for a 100% renewables procurement. The New England state’s legislature on June 17 approved […]

Though vote-counting continued in the tight presidential race on Nov. 5, voters in Nevada and New Mexico appear to have made headway on crucial energy initiatives on the ballot.  Nevada Approves a 50% by 2030 RPS  In Nevada, the presidential race remained closely contested on Thursday morning with pundits predicting that a victory there for […]

Much has been written about renewable energy, but few stories have focused on the complexity of determining the optimal mix of solar and wind generation, and the kind and amount of energy storage, that

Responding to a request from a Democrat-led U.S. House committee, the federal International Trade Commission (ITC) is investigating how New England’s increasing renewable targets are economically affecting the region, and what role renewable imports play in meeting those commitments. The ITC, an independent, nonpartisan and quasi-judicial federal agency that also provides fact-finding as it relates […]

Environmental, social, and governance (ESG) risks are diminishing the number of potential investors in U.S. merchant coal projects, and that is putting more pressure on already squeezed coal plant economics, Moody’s Investors Service said in a new sector report.   The U.S. merchant coal plants, which are already grappling with persistently low power prices that […]

As of August 2019, 29 U.S. states and the District of Columbia had renewable portfolio standards (RPSs), and eight others had non-binding renewable portfolio goals. Three states also had clean energy standards, which set targets for low-carbon non-renewables, like nuclear, and two had clean energy goals. Shown in the bars below are the shares of generation by source […]

A bill introduced by Senate Democrats on June 26 establishes a national electricity standard that would require large retail suppliers to source at least 1.5% of their power from renewables by 2020 and gradually grow that share through 2035.  The measure comes a day after the Energy Information Administration (EIA) revealed monthly generation from renewable […]

PJM Interconnection said it will hold its 2022–2023 capacity auction under current market rules on Aug. 14, 2019, though the Federal Energy Regulatory Commission (FERC) has yet to issue a decision on the grid operator’s plan to revamp its Minimum Offer Price Rule (MOPR). In an April 10 filing, however, PJM asked FERC to clarify that […]

China in mid-September increased its renewable portfolio standard (RPS) to 35% of electricity consumption by 2030. The country has already heavily invested in wind and solar, and it anticipates more gains will

Though experts say biomass should continue to play a key role in the U.S. renewable power portfolio for its baseload properties, contributions to forest management, and other reasons, a swathe of uneconomic