Two utilities in Kentucky, US, have received approval from the Kentucky Public Service Commission (KPSC) to add 1GW of solar PV and energy storage to replace a 600MW coal plant by 2027.
During the third quarter of 2023, renewables have installed a record 5.5GW of utility-scale renewable capacity, led by solar, according to American Clean Power Association (ACP).
Maria Popova of the European Federation of Energy Traders makes the case for power purchase agreements from renewable sources, as the sheer volume of renewables growth required to reach Europe’s climate target means that public financial support is unlikely to be sufficient for the task, and market-based instruments and mechanisms need to be deployed alongside.
Virginia-headquartered energy utility Dominion Energy has filed a proposal with the Virginia State Corporation Commission (SCC) for 772MW worth of solar PV capacity in the state.