Generation Guide: Monthly Digest of Insights Shared by Your Peers in the Energy Central Generation Network – June 25, 2021
- Jun 25, 2021 6:50 pm GMT
Welcome to the Generation Network roundup, Generation Guide. As always, your fellow network members are paying close attention to generation and clean power trends and sharing their insights. This month’s selection includes information about renewable energy and grid expansion, investor confidence in renewables, and more. Be sure to like and comment on your favorite posts. Happy reading!
Renewable Energy and Grid Expansion – Tied at the Hip Across America
Link to original article: https://energycentral.com/c/cp/renewable-energy-and-grid-expansion-%E2%80%93-tied-hip-across-america
In this post, Kent Knutson, Energy Market Specialist at Hitachi ABB Power Grids notes that investment in the nation’s power grid has been necessary to enable high wind and solar capacity growth across the U.S. One example of a successful grid project is the Texas Competitive Renewable Energy Zone (CREZ) initiative, which enabled the connection of wind-rich areas in Texas with highly populated urban areas in the state. While obstacles to similar developments exist, the CREZ initiative serves as a reminder that grid investment is essential for achieving carbon reduction goals and maintaining a reliable transmission system.
Investor Confidence in Renewable Energy and Energy Storage Sectors Hits All-Time High
The American Council on Renewable Energy (ACORE) has released an analysis that finds confidence among renewable energy investors and developers at an all-time high. In this article, Alex Hobson, Vice President of Communications at ACORE describes the report’s findings. They include that more than two-thirds of surveyed investors are planning to increase their renewable energy investments by more than 10% this year over 2020; and that investors consider the U.S. to be an attractive venue for investment compared to leading countries like China over the next three years.
Xcel Energy to Purchase Upgraded Northern Wind Site From ALLETE Clean Energy
Link to original article: https://energycentral.com/c/cp/xcel-energy-purchase-upgraded-northern-wind-site-allete-clean-energy
The Minnesota Public Utilities Commission has requested projects that can help the U.S. economy recover from the recession caused by the COVID-19 pandemic. In this piece, Randy Fordice, Senior Media Relations Representative at Xcel Energy describes one such project, Xcel’s purchase from ALLETE Clean Energy of a repowered wind project totaling 120 megawatts in southwest Minnesota. In addition to creating jobs, this project and others will have the benefit of increasing the amount of renewable energy Xcel customers receive in the Upper Midwest.
Wind and Solar vs Nuclear
Link to original article: https://energycentral.com/c/cp/wind-and-solar-vs-nuclear
In this post, Wil Robertson, Policy & Research Analyst at Naveco Power suggests that nuclear energy is riskier, more costly, and more of a problem for the environment than wind energy. He notes that battery storage can help mitigate the reliability challenges of wind and solar often cited by proponents of nuclear energy. And he points out that nuclear plants take much longer to build (10-15 years versus 2-3 years for a wind farm) and that, therefore, wind and similarly quick solar installations are the fastest way to transition to clean energy.
Thanks again for reading this edition of Generation Guide! The authors listed above are eager to hear your thoughts and questions, so don’t hesitate to engage them. And if you want your content to be featured in this spot in future issues, be sure to publish your posts within the Generation Network Community.
Make sure you don’t miss out on these shared insights in the future.
If you're not yet a member of the EC Generation Network community, follow the links to join the Generation Professionals group or the Clean Power Professionals group and select the "join option" in the top right of the group page. If you are not yet registered, you will be prompted to create a profile first.
As a member, you'll not only be able to read what your fellow peers are saying but also be able to join in on the conversations by sharing your insights (which might get featured in a future monthly digest!). Plus, you can start a conversation by discussing articles with peers in the comments section, and you will automatically be signed up to receive the Network's weekly newsletter.
Already a member, but you’re not receiving the Community Group's Updates? Log in, and then follow this link to manage your newsletter Subscriptions.
No discussions yet. Start a discussion below.