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Energy Vid Week 3 May 2022: CAISO Joins MISO in Summer Reliability Concerns
1) Duke Energy and TotalEnergies Renewables nab wind leases off North Carolina, paying total of $315 million to develop up to 1.6 GW
2) CAPUC takes another shot at revising net metering policies, opening up comment period for NEM 3.0 after significant pushback. Comment deadline is June 24th.
3) Dept of Commerce investigation into solar panel dumping from Cambodia, Malaysia, Thailand and Vietnam will go proceed, says Commerce Secretary Gina Raimondo, w/tariffs over 200% "highly unlikely." Per DOC talking points, most Chinese manufacturers today face applied tariffs of between 12 and 20%. NextEra's EVP Kirk Cruz suggests uncertainty could result in the US developers resorting to panel imports from China, w/its known 10-year history of tariffs.
4) DOE seeks to expedite transmission build-out, spending up to $2.5 billion from revolving fund to buy capacity on proposed transmission lines over 1,000 MW (new) or 500 MW (upgrades). Must be completed before 2028 to qualify.
5) FERC and state regulators coordinate to accelerate processing of interconnection queues, with one possible route being to treat projects in clusters. Interconnection studies currently averaging 3.7 years.
6) VW Group says EV demand exceeds current manufacturing capacity; sold out for rest of year in Europe and the US.
7) Following MISO’s warning on resource adequacy, CAISO says it may face capacity shortfall this summer of 1,700 MW. #renewables #offshorewind#theenergyswitch #sustainability #energytransition #reliability #solar
Energy Vid Week 3 May 2022: CAISO Joins MISO in Summer Reliability Concerns
Duke Energy and TotalEnergies pay a total of $315 million for offshore lease areas off North Carolina, with potential of 1.6 GW; CAPUC revisits Net Energy...
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