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Category: En_So_Renew_CN Legislations_MN PATA_Inflation_Reduction_Act_2022_Related

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Renewable Energy, Electrification Big Winners in Inflation Reduction Act

By Darrell Proctor

The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction Act (IRA). The bill, which now heads to President Joe Biden for his signature, includes major provisions to combat climate change, including support for a variety of clean energy initiatives. It also offers benefits for the fossil fuel sector.

08/12/22
                                                               

Rare earth minerals essential to renewable energy not as rare as advertised

By Scott Weiser

The confluence of the need for renewable energy with China’s dominance in the “rare earth minerals market” puts America’s supply chains for these essential components in a precarious position, say extraction and refining executives in Denver.
China controlled more than 80% of the supply for these minerals in 2017, but that share of worldwide production dropped to about 60% by 2021, according to a 2022 U.S. Geological Survey report.

08/11/22
                                                               

Wrangling over renewables: Counties push back on Newsom administration usurping local control

By Julie Cart

Kings County Supervisor Joe Neves guided his pickup to a stop next to a long line of chain-link fencing. On one side of a gravel road stood row after row of glinting solar panels. The automated mirrors pivot and turn, following the sun in its daily path across the Central Valley sky.
Neves, a big man with a wispy Santa Claus beard, was showing off the county’s newest mega solar power project, still under construction on 1,600 acres. A state-of-the-art facility, it includes powerful batteries to store and deliver power after the sun sets.

08/04/22
                                                               

Geothermal heating and cooling: Renewable energy’s hidden gem

By Philip Warburg Photo: Philip Warburg

Often described as a giant tower of Jenga blocks, Boston University’s Center for Computing and Data Sciences shows no outward signs of leading the race to sustainable energy design. No rooftop wind turbines grace its heights; no solar panels are mounted on the multiple roof decks jutting out from the building’s core.

08/04/22
                                                               

Sinema, Democratic leaders reach deal on changes to health and climate bill

By Jennifer Haberkorn Photo: Kent Nishimura / Los Angeles Times

Sen. Kyrsten Sinema said late Thursday she will support moving forward with Democrats’ health, tax and climate bill, a strong sign that the party will be able to advance some of its major policy priorities before the midterm election.

08/04/22
                                                               

NYPA does not want new authority to build renewable generation, officials tell New York lawmakers

By Robert Walton Photo: Michael M. Santiago, Getty Images

The New York Power Authority is the largest public power utility in the country by generation but officials told state lawmakers on Thursday that they do not support legislation enabling it to build more renewables in order to drive down ratepayer costs.

07/29/22
                                                               

Renewables industry marks slowest quarter since 2019 with installations down 55%

By Emma Penrod Photo: Lovelyday12, Getty Images

Developers installed 3,188 MW of utility-scale clean power in the second quarter, 55% less than the same period last year, according to a new report from the American Clean Power Association.

07/27/22
                                                               

In a twist, old coal plants help deliver renewable power. Here’s how.

By Elena Shao Photo: Simon Simard for The New York Times

The sites, once a source of greenhouse gases, have a useful feature: They’re wired to the electricity grid. For new ventures like solar farms, that can save a lot of time and money.

07/15/22
                                                               

Wind and solar provided record 10% of world’s power in 2021

By Robert Rapier Photo: Los Angeles Times via Getty Images

Last week the BP Statistical Review of World Energy 2o22 was released, covering energy data through 2021. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. It is a primary data source for numerous companies, government agencies, and non-government organizations.

07/04/22
                                                               

Cost of New Renewables Temporarily Rises as Inflation Starts to Bite

London and New York, June 30, 2022 – The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has temporarily retreated to where it was in 2019. Cost rises are linked to increases in the cost of materials, freight, fuel and labor.

06/30/22