Renewable Energy Update 4.08.24

Allen Matkins
Contact

RenewEnrgyUpd

CAISO proposes $6.1B transmission plan, mainly for offshore wind

Bullet Utility Dive – April 2

The California Independent System Operator (CAISO) is proposing $6.1 billion in transmission projects, primarily to help deliver offshore wind to customers, according to a draft transmission plan released on April 1. Transmission projects to access clean energy resources total about $4.6 billion and are all in Pacific Gas & Electric’s service territory. Reliability-driven projects total about $1.5 billion. Two projects in Northern California — costing an estimated $2.7 billion and $1.4 billion — would be open to competitive bidding, according to the draft plan.


News

DOE announces tax credits to accelerate clean energy

Bullet Solar Industry Magazine – April 1

The U.S. Department of Energy, Department of Treasury, and Internal Revenue Service have authorized $4 billion in tax credits for 100 domestic projects aimed at accelerating renewable manufacturing at industrial facilities. The agencies are partnering to implement the Qualifying Advanced Energy Project Tax Credit (48C) funded by the Inflation Reduction Act. For selected projects to receive the tax credit, information will need to be submitted to the 48C portal within two years to certify the project.


Rocky Mountain Power updates energy plan, pushing back on renewables

Bullet KSL – April 2

Rocky Mountain Power, a subsidiary of PacifiCorp., has updated its 2023 Integrated Resource Plan. The company’s initial resource plan called for the retirement of Utah’s last two remaining coal-fired power plants by 2032. Under the updated plan, the plants won't cease operations until 2036 and 2042, reverting back to the vision laid out in the 2021 plan. Additionally, the company’s updated plan also calls for less renewable energy development than the original version.


Projects

U.S. DOI approves Avangrid’s 2.6 GW New England Wind offshore project

Bullet Power Technology – April 3

The U.S. Department of the Interior (DOI) has approved Avangrid’s 2.6 GW New England Wind offshore wind farm, the country’s eighth commercial-scale offshore wind energy project. New England Wind will be built in two phases with 129 wind turbines and five offshore export cables, and will power 900,000 homes.


Leeward, Microsoft strike PPAs for 400 MW of Texas solar

Bullet Data Center Dynamics – March 28

Leeward Renewable Energy has entered into two 200 MW power purchase agreements (PPAs) with Microsoft. The company will purchase the power generated from two 200 MW Leeward Renewable Energy solar facilities currently under development in Texas: Morrow Lake Solar in Frio County, and Cradle Solar in Brazoria County.


USDA investing $76.5M to bring clean energy to Navajo Nation

Bullet ABC4 – March 26

The U.S. Department of Agriculture - Rural Development is investing $76.5 million to expand the Red Mesa Tapaha Solar Farm. The expansion is expected to provide clean energy to approximately 36,000 homes, businesses, and farms — in addition to providing more than 200 local construction jobs.


Seattle company proposes new solar farm near Tri-Cities

Bullet Tri-City Herald – March 28

A Seattle company is proposing a solar farm south of the Tri-Cities that could generate power each year for about 13,000 homes. Wallula Gap Solar is the fourth solar project in Benton County now seeking a permit to build through the Washington state Energy Facility Site Evaluation Council.

*This article may require a subscription to read.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Allen Matkins | Attorney Advertising

Written by:

Allen Matkins
Contact
more
less

Allen Matkins on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide