Utility Dive - Latest Newshttps://www.utilitydive.com/news/Utility industry news and analysis for energy professionals.en-usThu, 29 Aug 2024 10:00:00 -0400US wind energy investment soars while solar stagnates: BloombergNEFhttps://www.utilitydive.com/news/us-wind-energy-investment-soars-while-solar-stagnates-bloombergnef/725574/<figure><div><img src="https://www.utilitydive.com/imgproxy/EOJI6XDgIXkpPBQ7aCwexNzqd-A_RzyKmmGCmUtUiTA/g:ce/bG9jYWw6Ly8vZGl2ZWltYWdlL0dldHR5SW1hZ2VzLTE0ODEzMzA0MDAuanBn.webp"/></div></figure><p>While solar companies struggle to find investors,&nbsp;interest in wind and geothermal projects is booming, according to analysis by BloombergNEF.</p>Emma PenrodThu, 29 Aug 2024 10:00:00 -0400https://www.utilitydive.com/news/us-wind-energy-investment-soars-while-solar-stagnates-bloombergnef/725574/PJM capacity prices could jump 157% in next auction: Morgan Stanleyhttps://www.utilitydive.com/news/pjm-capacity-prices-auction-morgan-stanley-esai-nrg-vistra-pseg/725618/<p>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,&nbsp;analysts said.</p>Ethan HowlandThu, 29 Aug 2024 09:43:02 -0400https://www.utilitydive.com/news/pjm-capacity-prices-auction-morgan-stanley-esai-nrg-vistra-pseg/725618/Getting real about reliability in PJMhttps://www.utilitydive.com/news/pjm-interconnection-reliability-energy-capacity/725614/<figure><div><img src="https://www.utilitydive.com/imgproxy/gQ3qsRJXfnOrpvEnKHJ_85sDsxR6A0viLnfqopjbLKQ/g:ce/bG9jYWw6Ly8vZGl2ZWltYWdlL0dldHR5SW1hZ2VzLTExODEzMTE2NTIuanBn.webp"/></div></figure><p>The July capacity auction for&nbsp;the&nbsp;2025/26 delivery was the first auction in over five years&nbsp;that sent a message to power suppliers: We need you to stay, and we need you to bring some more friends.</p>Glen ThomasThu, 29 Aug 2024 09:31:26 -0400https://www.utilitydive.com/news/pjm-interconnection-reliability-energy-capacity/725614/Meta inks geothermal deal with Sage Geosystems to power data centershttps://www.utilitydive.com/news/meta-inks-geothermal-deal-with-sage-geosystems-data-centers-clean-energy/725605/<figure><div><img src="https://www.utilitydive.com/imgproxy/FK0SXYEjU3-rLLeE5LGXOa1B1X7vclZNo9lIRq7tJmw/g:ce/bG9jYWw6Ly8vZGl2ZWltYWdlL0dldHR5SW1hZ2VzLTEzOTQyNzEyMTguanBn.webp"/></div></figure><p>The deal will provide up to 150 MW and be the first use of next-gen geothermal energy east of the Rocky Mountains.</p>Lamar JohnsonThu, 29 Aug 2024 09:00:00 -0400https://www.utilitydive.com/news/meta-inks-geothermal-deal-with-sage-geosystems-data-centers-clean-energy/725605/Pennsylvania state senator to propose loan fund to spur new power plantshttps://www.utilitydive.com/news/pennsylvania-yaw-bill-power-plant-loan-fund-permitting-pjm-capacity/725600/<figure><div><img src="https://www.utilitydive.com/imgproxy/SNrFaj2OmIGbxL-aTbWVDcQ7ZX5pNxOg1oaivCcaTV0/g:ce/bG9jYWw6Ly8vZGl2ZWltYWdlL0dldHR5SW1hZ2VzLTE1NzYxMzk3OV9pR1Y1REl0LmpwZw==.webp"/></div></figure><p>The Pennsylvania Baseload Energy Development Fund would be modeled after a $5&nbsp;billion loan fund in Texas.</p>Ethan HowlandThu, 29 Aug 2024 08:00:00 -0400https://www.utilitydive.com/news/pennsylvania-yaw-bill-power-plant-loan-fund-permitting-pjm-capacity/725600/First national US green bank launches with IRA fundinghttps://www.utilitydive.com/news/coalition-for-green-capital-opens-first-national-us-green-bank-climate-law-funding-ira/725217/<figure><div><img src="https://www.utilitydive.com/imgproxy/3gWUv60GK_3iUCLTvsxEdJVAWME9vLwOkdy2iDd-Rso/g:nowe:0:0/c:5941:3356/bG9jYWw6Ly8vZGl2ZWltYWdlL0dldHR5SW1hZ2VzLTE0Njg3MzEwNDUuanBn.webp"/></div></figure><p>The Coalition for Green Capital said it&rsquo;s&nbsp;open for business and seeking to build a U.S. network of green banks that will&nbsp;mobilize capital for clean energy.</p>Lamar JohnsonThu, 29 Aug 2024 08:00:00 -0400https://www.utilitydive.com/news/coalition-for-green-capital-opens-first-national-us-green-bank-climate-law-funding-ira/725217/Better grid edge visibility is key for load forecasting, cost control: Heatmap Labs panelhttps://www.utilitydive.com/news/energy-grid-edge-visibility-load-forecasting-cost-control-ami-advanced-metering-infrastructure/725549/<figure><div><img src="https://www.utilitydive.com/imgproxy/E3BiIxPEfZYVh7B_vCtHTsJCzBMM8GzD4EcFvVDy_hk/g:ce/bG9jYWw6Ly8vZGl2ZWltYWdlL0dldHR5SW1hZ2VzLTEzMTk5MTE3NDIuanBn.webp"/></div></figure><p>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.</p>Brian MartucciWed, 28 Aug 2024 14:20:58 -0400https://www.utilitydive.com/news/energy-grid-edge-visibility-load-forecasting-cost-control-ami-advanced-metering-infrastructure/725549/State, local building energy codes get makeovers with over $240M from US DOEhttps://www.utilitydive.com/news/building-energy-efficiency-codes-performance-standards-doe-grants/725546/<figure><div><img src="https://www.utilitydive.com/imgproxy/EZtsBNekMfmhn3xOjS83XYu7DCXRSRWAe7kltWrj7GI/g:ce/bG9jYWw6Ly8vZGl2ZWltYWdlL0dldHR5SW1hZ2VzLTEyNDQ3NzkxMzMuanBn.webp"/></div></figure><p>Nineteen states and localities, including Seattle and New York City, got grants announced Tuesday by the Department of Energy.&nbsp;The agency encouraged more communities to apply by Sept. 13 for a second round of funding.</p>Ysabelle KempeWed, 28 Aug 2024 09:41:10 -0400https://www.utilitydive.com/news/building-energy-efficiency-codes-performance-standards-doe-grants/725546/Solar cell manufacturer halts $400M Colorado planthttps://www.utilitydive.com/news/solar-cell-manufacturer-meyer-burger-colorado-plant/725465/<figure><div><img src="https://www.utilitydive.com/imgproxy/oXSxlRENFeeTmweP2fZfCrkvaKb6hFzl-qXzQqXSHUo/g:ce/bG9jYWw6Ly8vZGl2ZWltYWdlL01leWVyLUJ1cmdlci1VU0EtR29vZHllYXIuanBn.webp"/></div></figure><p>Meyer Burger planned to convert an Intel semiconductor plant in Colorado Springs into a solar cell facility.</p>Sebastian ObandoWed, 28 Aug 2024 09:20:00 -0400https://www.utilitydive.com/news/solar-cell-manufacturer-meyer-burger-colorado-plant/725465/US clean energy jobs grew 4.2% in 2023: DOEhttps://www.utilitydive.com/news/clean-energy-employment-jobs-growth-doe-report/725456/<figure><div><img src="https://www.utilitydive.com/imgproxy/XQefr37hfpE3PrEe_XX1cKj4DO5ff55OlEzzydB28jA/g:ce/bG9jYWw6Ly8vZGl2ZWltYWdlL0dldHR5SW1hZ2VzLTExNzkxNTM3NDVfMS5qcGc=.webp"/></div></figure><p>The U.S. added clean energy jobs at more than twice the rate of the broader economy, according to the Department of Energy.</p>Robert WaltonWed, 28 Aug 2024 08:13:58 -0400https://www.utilitydive.com/news/clean-energy-employment-jobs-growth-doe-report/725456/