Home Latest News Renewable Energy Update – August 2022 | Allen Matkins – JDSupra –...

Renewable Energy Update – August 2022 | Allen Matkins – JDSupra – JD Supra

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Utility-scale energy storage in the U.S. grid rose from 1.4 GW at the end of 2020 to 4.6 GW last year, according to the U.S. Energy Information Administration’s Annual Electric Generator Report. Nearly 60% of installed utility-scale storage capacity was used for price arbitrage in 2021, up from 17% in 2019, the EIA found. In California, which has the most energy storage of any state, the buy low, sell high strategy is playing a leading role. More than 80% of the battery capacity added in California Independent System Operator service territory last year was used for price arbitrage.
From the ground, the new solar farm shimmers like a mirage oasis on a hot summer day. Instead of row after slanting row of shiny panels stretching taller than corn, this array, mounted directly on the earth, lies flat as water. Yet despite its modest stature, this new type of photovoltaic plant — one of five now producing a combined 2.5 MW of energy in California’s Central Valley — can match the output of conventional solar farms nearly three times its size. The farm is one example of developers working to help meet the burgeoning global demand for green energy by lightening the footprint of solar farms.
The U.S. community solar market will continue to grow over the next five years, with at least 7 GW of community solar expected to come online in existing markets between 2022-2027. New program guidance for community solar programs in existing markets and potential new community solar markets will bring significant growth for the U.S. community solar market, according to new research released by Wood Mackenzie in collaboration with the Coalition for Community Solar Access.
New Mexico joined a six-state pilot community solar program created by the federal government as the state enacted its own state-level regulations to bring solar power and electric bill savings to low-income customers. The U.S. Department of Energy said it hoped the pilot program would result in community solar systems being used to create $1 billion in savings by 2025 – powering the equivalent of 5 million homes in the six states.
The developer of a geothermal power plant facing legal challenges in Nevada agreed Monday to suspend construction just hours after a U.S. appeals court had refused to halt the project that opponents say would harm an endangered toad and destroy sacred hot springs. In a ruling Monday morning, a three-judge panel of the 9th U.S. Circuit Court of Appeals rejected a bid by environmentalists and a Nevada tribe to reinstate an injunction that temporarily blocked work earlier this year on Ormat Nevada’s plant 100 miles east of Reno.
EDP Renovaveis SA has clinched a deal to sell the output of a 200 MW solar park it plans to build in California to an undisclosed buyer. The proposed solar photovoltaic project will be integrated with 150 MW of battery storage capacity. The complex is due to be fully commissioned in 2024.
rPlus Energies has completed work on its first operating solar plant that has entered into commercial operation in Carbon County, Utah. Dubbed Graphite Solar, the 104 MW project has started providing energy to tech company Meta’s (formerly Facebook) nearby data center in Eagle Mountain.
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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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