Tom Doyle

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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All the details on how the heat wave is impacting the grid and power prices- our lead story in today's California Energy Markets from Linda Dailey Paulson https://lnkd.in/gYHBMMDW

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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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Standard Solar and Caerus Piceance say their collaboration marks a significant milestone in integrating renewable energy into the state’s oil and gas operations. Read more here: https://lnkd.in/g_QbKb_i #SPEjpt #Energy #Solar #OilandGas

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The global #EnergyTransition requires more than 16,000 GW of zero-carbon generation capacity additions through 2040. ENTRA1 Energy Plants™ with NuScale #SMR Technology can deliver up to 924 MW of 24/7, carbon-free, baseload energy in scalable 4, 6, and 12-module configurations.

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At the end of April, the EIA released a snapshot of wind-generated electricity use and development from 2010 to 2023. The data reveal some intriguing insights, relevant not only to ERCOT's constituents but nationwide. Despite over 6 GW of new installations, wind-generated electricity in 2023 reached an eight-year low—the first decline since the mid-1990s. The EIA identifies several potential contributing factors: "The 2023 decline in wind generation indicates that wind as a generation source is maturing after decades of rapid growth. Slower wind speeds than usual affected wind generation in 2023, particularly during the first half of the year, when wind generation dropped by 14% compared to the same period in 2022. Wind speeds increased later in 2023, and wind generation from August through December was 2.4% higher than during the same period in 2022. Wind speeds had been stronger than usual during 2022." It's important to note the comment, "slower wind speeds than normal affected wind generation in 2023..." This suggests that grid planners, who rely on historical data to anticipate grid supply, can sometimes be caught off guard when Mother Nature deviates from the norm. Businesses, especially those with large industrial loads, need to closely monitor how renewables are integrated into their specific power suppliers/grids due to the significant secondary and tertiary impacts on their daily operations. In ERCOT, wind and solar generation are crucial components of grid planning and real-time operations. However, when forecasts fail, the planned supply can be quickly depleted, and reserve margins become vulnerable. For example, in the last two weeks of April, wholesale energy prices spiked at $4500/MWh on two separate occasions due to demand exceeding the forecasted and planned supply at peak times (late afternoon when people return home). Often, the shortfall in actual wind and solar generation compared to the planned supply makes the grid highly vulnerable, increasing the risk of power outages and, in extreme cases, rolling blackouts. Lastly, Texas accounts for 28% of the nation’s wind-generated electricity. One might think this gives us an advantage. However, especially in the Texas Triangle of San Antonio, Austin, Dallas-Fort Worth, and Houston—where population centers and the greatest demand for power are growing—this is not necessarily the case. Most of Texas' existing and new wind-generated electricity is produced in West Texas, creating a geographical imbalance that is challenging to manage, particularly with aged transmission and distribution infrastructure. Read more here: https://buff.ly/4dFGvXN If you're looking for tailored solutions to manage your energy needs, RPower is here to help. Visit us at https://rpower1.com for more information. #RPower1 #WindEnergy #RenewableEnergy #ERCOT #EnergyCrisis #SustainableEnergy #EnergyManagement #PowerGrid #TexasEnergy #WindPower

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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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🚨 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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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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Last week, the RTC held a webinar discussing the groundbreaking renewable natural gas (RNG) agreement between AstraZeneca and Vanguard Renewables. Speakers Andy Wirths from AstraZeneca, John Hanselman from Vanguard Renewables, and Ruth Checknoff from the RTC delved into how this agreement, which will supply AstraZeneca with 650,000 MMBtu/year for the next 15 years or more, supports the company’s goal to reduce greenhouse gas emissions from its global operations (Scope 1 and 2) by 98% by 2026. Key topics covered:    •   The decision-making process behind the agreement    •   Key outcomes of the project    •   Lessons learned and insights for other organizations 🎥 Watch the webinar recording: https://lnkd.in/e3hPzAaW 📄 Read the case study: https://lnkd.in/gXmB87Kz #RenewableEnergy #RNG #Sustainability #Decarbonization #Climate #Webinar

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When FERC makes decisions, renewable energy developers listen. Here's the latest, including  PJM capacity market reforms and a revised transmission planning and cost allocation rule. #DriveEnergyForward, https://lnkd.in/eib9BFzy

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SEIA just released the Q1 2024 update. Here are some highlights: 1.) Solar made up 75% of all new electricity-generating capacity added to the US grid in Q1 2024. 2.) The US solar market installed a record 11.8 GWdc of capacity in Q1 2024, the second-largest quarter ever, following Q4 2023. 3.) The industry is projected to install around 40 GWdc annually over the next five years. https://lnkd.in/eTVGHcY

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📈Thanks to strong federal policies like the #solar Investment Tax Credit, rapidly declining costs, and increasing demand across the private and public sector for clean electricity, there are now more than 200 gigawatts (GW) of solar capacity installed in the United States. #SolarEnergy #RenewableEnergy

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Feed-in-Tariff programs for promoting Renewable Energy (RE) are becoming less relevant as RE now constitutes a significant portion of the energy mix and influences wholesale market prices. This shift could render some utility-scale projects, both RE and conventional, economically nonviable. To keep these projects competitive and maintain their environmental benefits, new revenue sources must be explored. These could include leveraging social sustainability through tourism, cultural integration, and complementary product production, depending on local conditions. Capacity payments for allowing utilities to draw power from RE plants could provide additional financial stability, complementing income from electricity sales and societal benefits. #Research #RE #ClimateChange

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It seems that almost all new energy projects now based on solar? A new report from the Federal Energy Regulatory Commission: Renewable energy now accounts for 30.1% of total U.S. utility-scale generating capacity. Solar will soon become the second largest source of generating capacity in the U.S. and is expected to overtake natural gas as the largest source of generating capacity in the U.S. That's because solar energy is a truly trustworthy and cost-effective investment!  If you are looking for a reliable and trustworthy solar equipment supplier and want to customise your solar project, contact www.ruertu.com for a wide range of solar product lines and first-class customer service!! #ruertu #solarpower #solarpanel #solarstreetlight #renewableenergy #sustainability

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