In the midst of an energy crisis, both generators and offtakers are considering their next moves. Sean Rai-Roche speaks with analysts and experts across the continent to decipher what is expected to happen to prices and what that means for companies’ operations.
Solar and energy storage deployment in the US could be accelerated under new proposals from the country’s Federal Energy Regulatory Commission (FERC) aimed at addressing significant backlogs in interconnection queues.
Current higher wholesale prices and favourable economics for renewables in Europe would have developers as the primary beneficiaries this decade, according to a report from advisory firm Edison Group.
US developer Leeward Renewable Energy (LRE) has started construction on the 200MW Horizon Solar project near the city of Pearsall in Frio County, Texas.
The Solar Energy Industries Association (SEIA) has released a whitepaper outlining the reforms it believes are needed to the US interconnection system, in which it lays out a series of proposals for both regional transmission organisations (RTO) and the US-wide Federal Energy Regulatory Commission (FERC).
NextEra Energy has announced its new decarbonisation strategy, dubbed Zero Carbon Blueprint, which includes eliminating all scope 1 and 2 emissions from its operations by 2045 without the use of carbon offsets and a massive increase in solar PV to 90GW by 2045.
Energy major bp will acquire a 40.5% stake in and become operator of a green hydrogen project in Western Australia that could feature up to 26GW of solar and wind when complete.
