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Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Utility Dominion Energy is planning a major shift toward renewable energy and batteries as it looks to comply with Virginia's ambitious new clean energy law. Under the law, Dominion Virginia and the smaller Appalachian Power Co. Major boosts for solar, offshore wind and energy storage.

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Renewables are 87% of new U.S. generating capacity so far this year

Renewable Energy World

Most of the balance was provided by natural gas (2,327 MW) coupled with very small contributions from oil (19 MW) and coal (11 MW). available installed generating capacity – a share significantly greater than that of coal (18.88%) and more than three times that of nuclear power (8.32%). respectively. ” .

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The US electric power sector is halfway to zero carbon emissions

Renewable Energy World

Renewable energy’s rapid growth is accelerating a national shift to a carbon-free electric power system. and Puerto Rico have adopted laws or executive orders setting goals for reaching 100% clean electricity by 2050 or sooner. Emission-free nuclear generation largely held steady. So far 17 states plus Washington, D.C.,

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PJM’s Compliance Plan Doesn’t End FERC Order’s Threat to Renewables, Experts Say

GreenTechMedia

In fact, many are still requesting that FERC reconsider the order and planning lawsuits to challenge it, or simply awaiting November’s election, which could shift political power in Washington D.C. Big roadblock for offshore wind. in ways that could lead to FERC's order being overturned.

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Solar, Wind Tax Credit Extensions and Energy R&D Package in Spending Bill Before Congress

GreenTechMedia

Schumer’s office, the two-year extension of the federal Investment Tax Credit for solar projects will retain the current 26 percent credit for projects that begin construction through the end of 2022, rather than expiring at the end of 2020 as they would have under existing law. ” Wind tax credit impacts. Action by the U.S.

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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. Dominion also gets more than one-third of its energy from nuclear power.

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FERC Chairman Highlights Progress but Key Decisions Languish

GreenTechMedia

This could effectively bar capacity market participation for gigawatts of solar and wind power expected to be built under state renewable portfolio standard programs in PJM’s 11-state region stretching from Illinois to Maryland. gigawatts from wind power, and 500 megawatts from solar.