Multi-Resource “Hybrid” Power Plants are the Present and Future of Energy Generation BlogBy Tyler StoffAugust 19, 2020By: Tyler Stoff August 19, 2020 Single-resource power plants, like a field of solar panels or a hillside of wind turbines, are foundational to the modern renewable energy economy. They work well under the conditions of today’s grid. As renewable penetration increases, more complex projects can offer a new and expanded array of services, further…
Macro Grid in the Congressional Limelight BlogBy Tracy WarrenAugust 3, 2020By: Tracy Warren August 3, 2020 “The pursuit and achievement of a Macro Grid – an interregionally connected backbone for the nation’s transmission grid – is essential for the United States to achieve its climate goals and ‘charge up’ the economy.” This was the message that Beth Soholt, the Executive Director of the Clean Grid…
New ACORE Analysis Reflects on U.S. Renewable Energy and Energy Storage Finance Amid COVID-19 BlogBy Lesley Hunter and Maheen AhmadJuly 13, 2020By: Lesley Hunter and Maheen Ahmad July 14, 2020 As the renewable sector faces the impacts of the COVID-19 pandemic, ACORE’s new analysis, Expectations for Renewable Energy Finance in 2020-2023, collates industry perspectives on the near-term environment for renewable finance and assesses progress on ACORE’s $1T 2030 campaign. ACORE launched the $1T 2030 campaign in…
Making Sure Renewable Energy is in Your Business Plan for the Economic Recovery BlogBy Mona DajaniJuly 1, 2020By: Mona Dajani, Partner and Global Head of Energy and Infrastructure, Pillsbury Winthrop Shaw Pittman LLP July 1, 2020 While stay-at-home orders, travel restrictions and global supply chain constraints have led to renewable energy project delays, and challenges securing financing and monetizing federal tax credits, there’s consensus among industry observers that renewable energy needs…
ACORE CEO Greg Wetstone Testifies Before Congress, Highlights Sobering Toll of COVID-19 on Renewable Energy Jobs and Calls for Immediate Action BlogBy Daniel WolfJune 24, 2020By: Daniel Wolf June 25, 2020 Last week, the Energy Subcommittee of the House Committee on Energy and Commerce held a hearing entitled, “Reviving our Economy: COVID-19’s Impact on the Energy Sector.” Witnesses included Ernest Moniz, former Secretary of Energy and current Energy Futures Initiative President and CEO; Rich Powell, ClearPath Executive Director; and our…
Fact Check: Planet of the Humans Gets It Fundamentally Wrong on Renewable Energy BlogBy Lesley HunterMay 12, 2020By: Lesley Hunter May 12, 2020 Renewable energy today provides nearly a fifth of America’s electricity generation, and that share continues to increase as renewable power improves the performance of our electric system, reduces carbon emissions and provides numerous other benefits for the environment, public health and the economy. However, you wouldn’t learn any of…
COVID-19 Hinders Progress in U.S. Renewable Energy Job Growth BlogBy Maheen AhmadApril 22, 2020By: Maheen Ahmad April 23, 2020 U.S. employment in the renewable energy sector increased in 2019 and was expected to continue growing in 2020. However, the global COVID-19 pandemic has stopped clean energy job growth in its tracks. Supply chain disruptions, social distancing measures, project delays and cancellations, and other pandemic-related factors are significantly…
Examining Priorities for Transmission and Renewable Integration BlogBy Tyler StoffApril 10, 2020April 10, 2020 By: Tyler Stoff This post follows Part 1, Assessing the Impact of FERC’s MOPR and BSM Decisions on Wholesale Markets, which was released earlier this month. In early March, ACORE members joined an Executive Meeting in Washington, D.C. ahead of the 2020 ACORE Policy Forum to assess the effects of emerging power and integration issues on renewable growth. The…
Assessing the Impact of FERC’s MOPR and BSM Decisions on Wholesale Markets BlogBy Tyler StoffApril 2, 2020April 2, 2020 By: Tyler Stoff In early March, ACORE members joined an Executive Meeting in Washington, D.C. ahead of the 2020 ACORE Policy Forum to assess the effects of emerging power market and integration issues on renewable growth. Discussion included an analysis of FERC’s recent and controversial expansion of the Minimum Offer Price Rule (MOPR) in PJM and Buyer-Side Mitigation…
ACORE Survey: Pandemic Brings Uncertainty to Project Completion Timelines and Financing BlogBy Lesley HunterMarch 25, 2020By: Lesley Hunter The rapid spread of COVID-19 is upending the health and livelihoods of workers throughout America’s renewable energy industry, numbering over 450,000 employees across all 50 states. Economically, the pandemic is putting significant dollars at risk for U.S. renewable energy businesses this year, ranging up to $5 billion per company. Project delays caused…
