Russ Bates

Aspen Power Set to Procure Community Solar Portfolio of 19 MW in Illinois Aspen Power, a distributed generation platform, announced its partnership with a developer to procure 20 community solar projects totaling up to 19 MW, primarily located in Illinois. This portfolio includes projects at different developmental stages, including those under construction and scheduled for commissioning within 2024. The growth of community solar in Illinois has surged in recent years, driven by the Climate and Equitable Jobs Act (CEJA). CEJA implements measures aimed at increasing access to solar energy for low- and moderate-income communities. Aspen Power’s acquisition mirrors the favorable market environment in the state, fostered by ongoing policy backing. This acquisition marks […] Read the full story here: https://lnkd.in/gGcBDPKU #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #america #aspenpower #northamerica #renewableenergy #renewableenergy #solarenergy #unitedstates

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Investing in transmission isn't just about powering homes today — it's about ensuring affordability, strengthening grid reliability and paving the way for the energy needs of tomorrow. MISO projects its latest portfolio can create $83 billion in net benefit over 40 years across the Midwest. Read more from Utility Dive's Ethan Howland: https://lnkd.in/g_z4GmD5

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In an effort to increase focus on planning and development of large regional transmission projects to meet growing energy demand, FERC released order 1920 to build a framework for regular long-term transmission planning. Read our infographic for some of the benefits and important considerations for energy utilities incorporating standards from this and other FERC orders into their operations. https://lnkd.in/ej7SNiAR #FERC1920 #GridPlanning #GridReliability

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🚨 PJM Power Auction Results: A Sharp Increase in Prices! 🚨 The recent annual power market auction by PJM Interconnection, the largest U.S. electrical grid operator, revealed a striking surge in prices—up more than 800% compared to last year. The auction for the 2025-2026 period resulted in prices landing at $269.92 per megawatt-day, a significant jump from $28.92 per megawatt-day last year. 📈 As supply tightens and demand grows, this sharp increase highlights the need for investment in resources to ensure a balanced supply-demand equation. According to PJM CEO Manu Asthana, the market is sending a clear signal for more investment. The auction secured a diverse energy mix, including: 🔥 48% gas ⚛️ 21% nuclear ⚡️ 18% coal ☀️ 1% solar 🌬️ 1% wind 💧 4% hydro 🔋 5% demand response 🔄 2% other resources This news has already impacted the market, with shares of independent power producers like Constellation Energy, Vistra, and Talen seeing notable gains in after-hours trading. - By Reuters (July 31, 2024) [https://lnkd.in/dgifPBPc] #Energy #PowerMarket #PJM #Investment #Electricity #EnergyNews

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Today MAREC Action Executive Director Evan Vaughan is offering public testimony on HB 2277, which would codify Governor Shapiro’s Pennsylvania Reliable Energy Sustainability Standard (PRESS).    MAREC Action views HB2277 as a strong piece of legislation - it represents the single largest new market opportunity for energy investment currently under consideration by any state legislature in PJM. Through HB2277, Pennsylvania has an opportunity to diversify its electricity mix with clean and reliable energy storage projects paired with wind or solar.    MAREC Action is strongly supportive of the inclusion of energy storage in Tier 2 under HB2277. One note of concern about the legislation, however, is the strict limitations placed on regional market participants. The legislation as introduced prohibits any regionally sited clean energy projects larger than 150 MW from being able to participate in the Pennsylvania clean energy market. Leveraging the regional market for a portion of Pennsylvania’s electricity supply results in greater competition and the best outcomes for consumers. MAREC Action looks forward to continuing its work with the Pennsylvania General Assembly as the legislation moves forward.   For more information check out the link below: https://lnkd.in/e5_xNBuu

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UtilityDive reporting that PJM is trying to reform the capacity auction process. "PJM plans to delay upcoming capacity auction by six months The delay will give the PJM Interconnection time to craft potential market reforms sought by state utility regulators and others, the grid operator said. A delay would affect at least three upcoming auctions set to be held in six-month intervals. PJM is preparing to hold a capacity auction in early December to buy capacity for the 2026/27 delivery year. The grid operator has also planned to hold auctions in June and December 2025 to buy capacity for the 2027/28 and 2028/29 delivery years, respectively. Late last month, the Sierra Club, Natural Resources Defense Council, Public Citizen, Sustainable FERC Project and Union of Concerned Scientists filed a complaint at the Federal Energy Regulatory Commission, challenging PJM’s failure to reflect reliability must-run power plants in its capacity auction. The groups asked FERC to order PJM to make changes to its rules before the next auction. The complaint is supported by PJM’s market monitor, the Organization of PJM States, Inc., or OPSI, and the Maryland Public Service Commission." Read more at https://conta.cc/48n18FX #solar #energy #solarenergy #renewables #renewableenergy #electricity #ener

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The Federal Energy Regulatory Commission just approved a transformative rule that mandates grid operators to plan 20 years ahead, considering renewable energy demands. When you think of electrical transmission, you might not associate it with making jet fuel or firing boilers at manufacturing plants. But transmission investments are equally important to those sectors. Clean electrons will also be used to create green hydrogen, serving industrial end uses that can’t be directly powered by electricity. Too many wind and solar projects are stuck in years-long interconnection queues, limiting our ability to access round-the-clock clean energy in regions where green hydrogen is most needed. Transmission improvements mean green hydrogen projects can look forward to a more stable and available clean energy supply. This is a pivotal move for our mission to decarbonize and reach net zero. While more investment in transmission is needed, this is a big step in the right direction. #GreenHydrogen #RenewableEnergy #CleanEnergy #Transmission #Energy #Grid

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Cleanleaf Energy Secures O&M Contracts for 350 MW Solar Projects in Georgia and Pennsylvania Cleanleaf Energy, previously known as Borrego O&M, has announced new agreements to provide operations and maintenance (O&M) services for utility-scale solar projects totaling 350 MW in Georgia and Pennsylvania. These projects, owned by Heelstone Renewable Energy, include four sites in Georgia and one in Pennsylvania. Heelstone Renewable Energy, established in 2012 with initial projects in North Carolina, expanded into California by 2016. In 2019, Heelstone received an investment from Ares Infrastructure and Power to support its utility-scale solar projects across the United States. In January 2024, Qualitas Energy acquired Heelstone, which had a portfolio of 20 GW of solar and […] Read the full story here: https://lnkd.in/dft4yc6C #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #america #cleanleafenergy #northamerica #renewableenergy #solarprojects

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As the global energy landscape undergoes a profound transformation, the imperative for a resilient, cost-effective grid has never been more pressing. At New York Energy Week 2024, we invite you to delve into the future of energy infrastructure with Miles Farmer, Legal Advisor to the Commissioner at the Federal Energy Regulatory Commission (FERC). This session, "Regional Transmission Planning: Paving the Way for a Reliable, Affordable Grid," will take place virtually on June 27 from 10:00 am to 10:30 am US Eastern Time. The Critical Role of Regional Transmission Planning In the quest for a sustainable energy future, regional transmission planning stands out as a cornerstone. It ensures not only the reliability and affordability of the grid but also its capacity to integrate burgeoning renewable energy sources. Miles Farmer will illuminate the strategic approaches and regulatory frameworks essential for effective transmission planning, addressing both current challenges and future opportunities. Insights from a Leading Authority Miles Farmer brings unparalleled expertise to this critical discussion. His role at FERC involves navigating the complex regulatory landscapes that govern energy transmission. With his extensive legal background and deep involvement in policy-making, Farmer's insights will be invaluable for understanding the nuances of regional transmission planning. He will explore: - Regulatory Frameworks: How evolving policies can support a more reliable and cost-efficient grid. - Innovative Methodologies: Emerging planning techniques that enhance grid resilience. - Integration of Renewables: Strategies for seamlessly incorporating renewable energy sources into the grid. Why This Session Matters The session offers a unique opportunity for industry professionals, policymakers, regulators, and energy advocates to gain actionable insights into the future of energy transmission. By attending, participants will: - Understand the key regulatory and policy drivers that shape regional transmission planning. - Learn about innovative planning methodologies that can enhance grid reliability and reduce costs. - Explore practical strategies for integrating renewable energy sources into the existing grid infrastructure. Engage with Industry Leaders New York Energy Week 2024 is more than just an event; it is a convergence of the brightest minds in the energy sector. This session is designed to foster meaningful dialogue and collaboration among participants, equipping them with the knowledge to drive the evolution of the energy transmission landscape. New York Energy Week 2024 continues to lead the way in energy transformation, marking eleven years of pioneering industry leadership. Join us as we navigate the path to a sustainable energy future. #EnergyInfrastructure #TransmissionPlanning #GridResilience #RenewableIntegration #NYEnergyWeek2024

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REMINDER: Tune into today's Federal Energy Regulatory Commission Transmission Planning Rule Breakdown PowerCast from 1–2 PM ET to hear from a panel of experts as they discuss what the recent FERC ruling is attempting to achieve, its implementation, significance, and potential issues. Register now: https://bit.ly/3wC4WEH

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Have you heard about the Pathways Initiative? This initiative aims to establish an independent entity for Western market services, enhancing consumer benefits with a more reliable and efficient energy grid. Read more: https://lnkd.in/ecenbNYE   #GridReliability #EnergyIndependence #RenewableEnergy #Grid #StayInTheKnow #RegionalIntegration #CostEfficiency #ReliableGrid

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With more than 70% of our transmission lines aging and reliability concerns growing, the Energy Permitting Reform Act of 2024 has never been more necessary. This legislation aims to reform the permitting process, allowing for quicker upgrades to our grid infrastructure and more renewable energy projects to be brought online. By simplifying bureaucratic procedures and easing the permitting process, more electricity from renewable sources can be transmitted on an even more resilient and stable grid. Modernizing our grid is essential— not just to keep our lights on, but to also ensure we can meet the constantly growing demand for electricity. 💡 #WeEffectChange #GridReliability #ClimateChange #EnergyPermittingReformAct 

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Electricity demand in New England is growing and the region’s grid operator is considering a host of changes, including to its capacity market and how it will deal with potential energy shortfalls.

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Last week, NYISO President & CEO Rich Dewey spoke with Susan Arbetter about the state of the grid and other key issues highlighted in our Power Trends 2024 report. Watch the Capital Tonight interview to learn more: https://lnkd.in/eEQfiNPe

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Good information to know. However, power buyers should not get caught in by that average price. PPA pricing in the Mid-Atlantic area are going to be higher because of a number of factors including, but not limited to: - Amount of sun light - Cost of labor - Cost of property - Local / State incentives

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Transmission planning & construction gets a badly-needed boost under the #InflationReductionAct. Many say PJM Interconnection faces transmission challenges, not generation shortfalls. Federal Energy Regulatory Commission's actions will also address the need to keep energy affordable and connect new clean sources. #ConsumersMatter #fairutilitybills "Building more multi-state transmission lines unclogs the traffic jams on America’s electricity superhighways and unlocks our ability to keep up with our growing energy needs." New FERC Order Empowers States to Expand America’s Electricity Superhighways (advancedenergyunited.org)

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