Tuesday, June 20, 2017

Historic Month for Renewables

March 2017 proved to be a historic month for renewable energy.  According to the Energy Information Administration (EIA), March was the first time that monthly electricity generation from wind and solar accounted for over 10 percent of the total electricity generation in the United States.  This news comes after developers added 22.2 gigawatts of wind and solar to the grid in 2016, according to Bloomberg New Energy Finance

The EIA included utility-scale wind and solar projects as well as small-scale solar PV systems in its analysis.  Of the total 10 percent, wind accounted for 8 percent, whereas solar accounted for 2 percent.  According to the EIA, Texas has the largest total amount of wind and solar generation (the vast majority of which comes from wind).  Iowa has the largest percentage with 37 percent of its total electricity generation in 2016 coming from renewables (the vast majority of which also comes from wind). 

While the total percentage of electricity generation coming from wind and solar will dip back below 10 percent in the coming months due to seasonal variations, the percentage will likely continue to increase in the coming years as developers add new systems to states with developed markets and begin entering states with underdeveloped markets. 

The EIA article can be found here and the Electric Power Monthly report issued by the EIA can be found here.  

Monday, June 5, 2017

NYSERDA and New York Power Authority Issue RFPs for New York State Renewable Energy Projects

by Robert Eberhardt, in New York

On June 2, 2017, the New York Energy Research and Development Authority (NYSERDA) and the New York Power Authority (NYPA) each issued requests for proposals (RFPs) for New York State renewable energy projects. 

The NYSERDA RFP is to purchase renewable energy credits (RECs) from renewable energy projects under contracts of up to 20 years. The RFP can be found here.

The NYPA RFP is to purchase a combination of energy, capacity and RECs from renewable energy projects under contracts of up to 20 years. The RFP can be found here. (Note that registration is required.)

Project owners have until Thursday, July 13 at 5 pm to submit initial applications to NYSERDA. Before submitting an initial application to NYSERDA, bidders must submit a request to NYGATS to confirm project eligibility before 5 pm on Wednesday June 28, 2017. 

Project owners have until September 1 at 4 pm to submit proposals to NYPA.