Utility Dive - Latest News

US wind energy investment soars while solar stagnates: BloombergNEF

Emma Penrod — Thu, 29 Aug 2024 10:00:00 -0400

While solar companies struggle to find investors, interest in wind and geothermal projects is booming, according to analysis by BloombergNEF.

PJM capacity prices could jump 157% in next auction: Morgan Stanley

Ethan Howland — Thu, 29 Aug 2024 09:43:02 -0400

While prices could hit a $695/MW-day cap, relatively small changes in new supply in the December auction could produce large swings in the outcome, analysts said.

Getting real about reliability in PJM

Glen Thomas — Thu, 29 Aug 2024 09:31:26 -0400

The July capacity auction for the 2025/26 delivery was the first auction in over five years that sent a message to power suppliers: We need you to stay, and we need you to bring some more friends.

Meta inks geothermal deal with Sage Geosystems to power data centers

Lamar Johnson — Thu, 29 Aug 2024 09:00:00 -0400

The deal will provide up to 150 MW and be the first use of next-gen geothermal energy east of the Rocky Mountains.

Pennsylvania state senator to propose loan fund to spur new power plants

Ethan Howland — Thu, 29 Aug 2024 08:00:00 -0400

The Pennsylvania Baseload Energy Development Fund would be modeled after a $5 billion loan fund in Texas.

First national US green bank launches with IRA funding

Lamar Johnson — Thu, 29 Aug 2024 08:00:00 -0400

The Coalition for Green Capital said it’s open for business and seeking to build a U.S. network of green banks that will mobilize capital for clean energy.

Better grid edge visibility is key for load forecasting, cost control: Heatmap Labs panel

Brian Martucci — Wed, 28 Aug 2024 14:20:58 -0400

Advanced metering infrastructure is already enabling more effective distribution grid operation and planning, but regulatory support and proactive utility investment is needed now, panelists said.

State, local building energy codes get makeovers with over $240M from US DOE

Ysabelle Kempe — Wed, 28 Aug 2024 09:41:10 -0400

Nineteen states and localities, including Seattle and New York City, got grants announced Tuesday by the Department of Energy. The agency encouraged more communities to apply by Sept. 13 for a second round of funding.

Solar cell manufacturer halts $400M Colorado plant

Sebastian Obando — Wed, 28 Aug 2024 09:20:00 -0400

Meyer Burger planned to convert an Intel semiconductor plant in Colorado Springs into a solar cell facility.

US clean energy jobs grew 4.2% in 2023: DOE

Robert Walton — Wed, 28 Aug 2024 08:13:58 -0400

The U.S. added clean energy jobs at more than twice the rate of the broader economy, according to the Department of Energy.