Tag Archive for: grid

Southern California Edison is positioned to make substantial investments in the resilience and reliability of its electrical grid

Edison International reported $354 million in Q2 net income compared with about $241 million in the second quarter of 2022.

The 2025 through 2028 period “will be critical to achieving California’s 2030 and 2045 climate goals,” Pizarro said.

The company is confident in its 5% to 7% earnings-per-share growth rate guidance from 2021 through 2025, Rigatti said, and it expects to continue this rate from 2025 through 2028. This is partly due to strong rate base growth and partly because some of the headwinds the company has faced over the last couple of years are projected to stabilize by 2025.

Click here to read the full article
Source: Utility Dive

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

 

The VPP program would allow fleets of customer-sited batteries to be remotely dispatched when demand for electricity is at its highest, the grid most stressed, and energy prices through the roof.

The California Energy Commission (CEC) approved on July 26 a new program that would tap into thousands of distributed solar-charged and standalone batteries located at homes and businesses throughout the state to meet the state’s growing electricity needs, particularly on hot summer evenings.

The concept is sometimes called a “virtual power plant,” and it is now featured in an innovative new part of the CEC’s Demand Side Grid Support program. The program would allow fleets of customer-sited batteries to be remotely dispatched when demand for electricity is at its highest, the grid most stressed, and energy prices through the roof. Energy prices rise when supplies are tight, like in a heat wave when demand for electricity spikes to keep air conditioners running. Bringing fleets of batteries online during these high-price events will help respond to grid emergencies, avoid power outages, help lower prices for all ratepayers and ultimately avoid grid emergencies in the first place.

Click here to read the full article
Source: Solar Power World

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

The FERC approved a rule to speed up clogged interconnection processes that have left power generation and energy storage projects waiting years for permission to connect to the grid.

The Federal Energy Regulatory Commission on Thursday approved a rule to speed up clogged interconnection processes that have left power generation and energy storage projects waiting years for permission to connect to the grid.

“Today is a historic day,” FERC acting Chairman Willie Phillips said during a media briefing. “This rule will ensure that our country’s vast generation resources are able to interconnect to the transmission system in a reliable, efficient, transparent and timely manner.”

The rule, called Order 2023, is the first major change to FERC’s interconnection requirements in two decades.

Click here to read the full article
Source: Utility Dive

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

CA will use $67.5M in federal infrastructure funds to add energy storage, invest in efficiency & harden its electric grid through CERI.

California and other states are increasingly facing extreme weather, underscoring the need for rapid grid investment.

There are more than 50 million Americans “bracing for record heat waves this week,” Energy Secretary Jennifer Granholm noted. “They are counting on the grid to help them stay cool, [but] many people are just relying on outdated and failing electrical equipment.”

Parts of southern California are expected to face temperatures in excess of 100 degrees this week.

Click here to read the full article
Source: Utility Dive

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

San Diego Gas & Electric has completed two additional utility-owned energy storage facilities totaling 171 MW.

San Diego Gas & Electric (SDG&E) has completed two additional utility-owned energy storage facilities totaling 171 MW, enough to power almost 130,000 homes for four hours.

The 131 MW Westside Canal project, located in Imperial Valley – home to a high concentration of solar, wind and geothermal generation facilities – is the largest storage asset in SDG&E’s energy storage portfolio; the 40 MW Fallbrook project, located in Northern San Diego County, is the second largest in its portfolio.

By the end of this year, SDG&E’s energy storage portfolio is expected to reach 345 MW of power capacity, sufficient to meet over 15% of its customers’ load on a typical day and 7% on a system peak day. These energy storage assets participate in the energy markets managed by the California Independent System Operator (CAISO), allowing CAISO to store and dispatch clean energy from the facilities to meet electricity demand as needed.

Click here to read the full article
Source: Solar Industry

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

PJM could benefit numerous states with thousands of jobs and billions in investment by implementing recent reforms.

Virginia, Illinois, Ohio and Indiana have the most to gain in jobs and new investment if PJM, the country’s largest grid operator, can fix some of the problems now leading to long delays in clean energy projects, a new report says.

To make that happen, PJM would need to approve projects at the same rate it did about a decade ago.

But that requires clearing two big hurdles. The grid operator needs to make major progress on roughly 3,000 active matters in its new service request queue, where 97 percent of more than 250 gigawatts of proposed new generation is for renewable energy, battery storage or a combination of the two. And PJM, whose territory runs from Chicago to New Jersey, would need to add enough interstate power line capacity to connect those projects to the grid.

Click here to read the full article
Source: Inside Climate News

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

CA’s energy storage portfolio could yield net grid benefits of up to $1.6B a year by 2032 as the state looks to expand grid-scale battery installations to 13.6 GW

Lumen’s study takes a closer look at the operations, costs and benefits of storage resources in California – largely lithium-ion batteries, but also including thermal energy storage and other battery chemistries. These resources range from 25 kW to 300 MW, with discharge durations that range from less than an hour to seven hours.

The report found that from 2017 through 2021, California’s stationary storage market developed from a pilot phase into deploying lithium-ion batteries at commercial scale. At the same time, storage costs dropped significantly – with third-party contract prices ranging from $5 to $8 per kilowatt-month for capacity by the end of 2021 – and the use of storage to meet reliability needs increased significantly.

Click here to read the full article
Source: Utility Dive

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

Networks of thousands of home-based batteries could be key to a cleaner, more reliable electricity system.

This summer could be the first one in which virtual power plants—networks of small batteries that work in tandem to function like power plants—are large enough to make their presence felt by helping to keep the lights on during the hottest days.

After years of pilot projects, utilities and battery companies now have networks with thousands of participants in California, Utah and Vermont, among others.

The batteries in virtual power plants add megawatts of capacity to the grid when electricity demand is at its highest. And most of the electricity from the batteries is generated by rooftop solar.

Click here to read the full article
Source: Inside Climate News

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

Texas is fast becoming a leader in solar power. So far this year, about 7% of the electric power used has come from solar, and 31% from wind.

Strafed by powerful storms and superheated by a dome of hot air, Texas has been enduring a dangerous early heat wave this week that has broken temperature records and strained the state’s independent power grid.

But the lights and air conditioning have stayed on across the state, in large part because of an unlikely new reality in the nation’s premier oil and gas state: Texas is fast becoming a leader in solar power.

The amount of solar energy generated in Texas has doubled since the start of last year. And it is set to roughly double again by the end of next year, according to data from the Electric Reliability Council of Texas. Already, the state rivals California in how much power it gets from commercial solar farms, which are sprouting across Texas at a rapid pace, from the baked-dry ranches of West Texas to the booming suburbs southwest of Houston.

Click here to read the full article
Source: The New York Times

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

The CPUC is considering asking electricity providers in the state to procure 4GW of new capacity to ensure grid reliability.

In June 2021, the CPUC approved an 11.5 GW procurement package of clean energy resources to come online between 2023 and 2026, in order to replace the then-planned retirement of the 2.2-GW Diablo Canyon nuclear plant as well as a series of natural gas plants slated to retire. Regulators ordered power providers to bring online 2 GW of resources in 2023, another 6 GW in 2024, and installments of 1.5 GW and 2 GW in 2025 and 2026, respectively.

However, circumstances have changed since that initial order was approved, regulators say. New forecasts point to increasing electric demand, beyond what regulators initially anticipated, likely due to extreme weather, a greater expected increase in electric vehicles, higher usage of air conditioning, and electrification of the built environment. At the same time, California expects to have less access to imported electricity from its neighboring states, as they face similar trends.

Click here to read the full article
Source: Utility Dive

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.