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New York?s Energy Transition (and Challenges) in 5 Charts

GreenTechMedia

Grid operators around the world are unusually busy these days, but few have quite as much on their minds as NYISO, the independent system operator that manages New York state's bulk power system and wholesale energy market. percent in 2018, and hitting 100 percent zero-carbon emissions by 2040. Source: NYISO. Source: NYISO.

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More wind and solar capacity could save some of the world’s most important rivers

Renewable Energy World

The proportion of global power generation represented by VRE, such as wind and solar power, has been rising rapidly since 2007. And according to IEA’ Renewables 2020, Launch Presentation from November 10, 2020, global wind and solar PV’s combined installed capacity will surpass that of natural gas in 2023 and coal in 2024.

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Inflation Reduction Act Activation Guide: Renewable Energy Procurement

EDF + Business

Decreased Renewables Cost: Levelized Cost of Electricity (LCOE) to project sponsors is expected to decrease by 40-60%, which will likely result in cost reductions for commercial electricity users. Notes: PTC stands for Production Tax Credit. ITC stands for investment tax credit. Sources: Deloitte Analysis, H.R.5376

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Global briefing: EPA suspends environmental law enforcement in response to pandemic

Business Green

All the key green business news from around the world this week. Global emissions may have fallen as the coronavirus pandemic has shuttered businesses around the world, but environmental campaigners are increasingly fearful the crisis could yet be used to roll back environmental rules and regulations. Total buys French wind power firm.

Law 85
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Utilities at an ‘Inflection Point’: Portland General Electric CEO

GreenTechMedia

If there was ever a time when running a utility was a straightforward, predictable business, those days are gone, as Maria Pope knows only too well. Since 2018, when Pope became CEO at Portland General Electric (PGE), Oregon’s largest utility, the U.S. PGE is also buying more hydropower in the Pacific Northwest.

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Global Briefing: UN shines spotlight on e-waste opportunity

Business Green

Plus all the top green business news from around the world this week. The UN has this week published its annual Global E-waste Monitor report , revealing that at least $10bn of gold, platinum, and other precious metals were lost each year as part of the world's growing e-waste mountain. Poland hails 'birth of offshore wind' industry.

Waste 73
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Virginia Mandates 100% Clean Power by 2050

GreenTechMedia

Virginia has become the latest state to pass a law that sets it on a path to 100 percent carbon-free electricity by 2050, as well as setting targets for massive investments in energy efficiency, energy storage and in-state solar and wind power. Those existing renewables are largely hydropower and biomass.