By Isuru Seneviratne of Radiant Value Management
The full-cycle cost of generating electricity from renewable sources in India dropped dramatically and is now cheaper than the fossil-fueled competition. This is a step-change with massive implications for global energy markets and the climate outlook. When coupled with energy storage, future electric grids may be a lot greener than today.
Exhibit 1: Levelized Cost of Electricity considers full-cycle costs of electricity generation.
by Prateek Jain
The fifth annual New York Energy Week kicked off on Monday night in a beautiful venue at the New York Academy of Sciences. To start things off, Angelique Mercurio, Enerknol’s CEO, reminisced about how over 8,000 people have convened through the NY Energy Week over the past 5 years and announced that both Governor Andrew Cuomo and Mayor Bill de Blasio have officially proclaimed June 19-22 as “Energy Week in the Empire State.
Blockchain technology, applied to microgrids, will facilitate consumer energy choice
By Juliana Ennes
Have you ever imagined choosing your electricity generation source the same way you shop clothes online? Brooklyn Microgrid is trying to deliver this service sooner than one would imagine. Waiting for regulatory approval, the company expects to be connecting locally-produced, solar electricity to the Gowanus and Park Slope neighborhoods of Brooklyn, NY, in just a few months.
By Janis Kreilis
New York City has the demand. Upstate has the supply. But transmission constrains the flow between the two, increasing emissions. Additional investments here could go a long way towards helping New York meet its climate goals.
Last week, New York Governor Andrew Cuomo announced a $1.5-billion Clean Climate Careers initiative through which the state aims to procure 2.5 million MWh of renewable energy per year while generating 40,000 jobs by 2020.
Exelon announced that its nuclear plant in Pennsylvania will close in 2019 unless lawmakers follow New York’s example and provide financial support
by Janis Kreilis
On Monday, May 29, Exelon, one of the nation’s largest operators of nuclear plants, announced that its Three Mile Island nuclear plant in Pennsylvania had not cleared the PJM capacity market auction for 2020/2021 and would, therefore, close in 2019.
The industry is trying to find ways to integrate microgrids into the grid of the future but getting the commercial model right has proven difficult.
By Janis Kreilis
New York’s Governor, Andrew Cuomo, announced last week that Albany, the state’s capital, will be getting a 19-MW microgrid for a 90-acre government office complex.
While lawmakers have stopped the case of nuclear subsidies, pro-nuclear activists are calling on Amazon to save the state’s two plants
By Janis Kreilis
Nuclear power has seen better days. Natural gas, made abundant and cheap by the shale boom in Pennsylvania and Ohio, has become the fuel of choice for power plants in the Northeast.
By Jesse Broehl
The data for year 2016 wind installations has been published in Navigant Research’s annual World Wind Energy Market Update report. There are an endless number of observations, trends, and key data points, but this post focuses on one area: wind turbine manufacturer market share trends in the US market.
How Did Vestas Manage to Overtake GE Energy in Its Domestic Home Market?
Of the 8.
New gas production is changing the electricity landscape
By Ellis Talton
Pennsylvania and Ohio saw the largest increase in natural gas production in the United States in 2016, according to the EIA. The current largest producers in the country, in order, are Texas, Pennsylvania, Oklahoma, Louisiana, Ohio, West Virginia and North Dakota.
Natural Gas production (Source: EIA)
One of the issues of increases in production, however, is how to bring it to market.
Additional production capacity as peak summer demand nears
By Ellis Talton
The US could see a whopping 200% increase in electricity generation capacity added in 2017, according to a report released by EIA last month. The research shows that at least 12 new facilities producing at least over 500 megawatts each are slated to come online this year, with Maryland seeing back-to-back start-ups in March and April.
The year’s newest power plant in Maryland came online on March 14, 2017. The St.
