December 24, 2024

Energy Storage

PG&E
DOE Offers $15B Loan to PG&E to Support Reliability Goals
The U.S. Department of Energy’s Loan Programs Office announced a $15 billion conditional loan commitment to Pacific Gas & Electric to improve the California-based utility’s energy infrastructure and support clean energy initiatives.
EVgo
LPO Announces $1.25B Loan to Help EVgo Install 7,500 Fast Chargers
EVgo CEO Badar Khan said expanding the availability of fast chargers is “a key ingredient to the long-term competitiveness and sustainability of the U.S. automotive industry."
Intersect Power
Google Aims to Co-locate New Data Centers with Clean Power Projects
"Deep, collaborative partnerships combined with creative problem-solving are the only way we can meet the explosion of AI growth, as well as society's accelerating electricity demand," said Sheldon Kimber, CEO of Intersect Power.
Shutterstock
LBNL Report Quantifies Resilience Benefit of Distributed Storage Systems
A new paper from Lawrence Berkeley National Laboratory quantifies how and where consumers can benefit from installing solar-plus-storage systems at their homes to get over major disruptions to grid service that last more than a day.
Greenbacker Renewable Energy Company LLC
Developers Seek Deadline Extension in NJ Storage Plan
Solar developers are urging the New Jersey Board of Public Utilities to extend the completion timelines in the agency’s proposed storage development plan.
Invenergy
LPO Announces $4.9B Conditional Loan for Invenergy’s Grain Belt Express
The Department of Energy’s Loan Programs Office announced three conditional loans totaling more than $11 billion, to be used to build interregional transmission, an electric vehicle factory and virtual power plants.
© RTO Insider LLC 
Maryland Energy Storage Initiative to Put 750 MW Online by 2028
Getting storage online in Maryland could be a critical piece of the solutions needed to address the sky-high capacity prices PJM recorded in its most recent auction, according to a panelist at a solar and storage conference.
© RTO Insider LLC 
Chesapeake Solar Industry Prepares for Trump 2.0 ‘Solarcoaster’
Washington insiders warn solar developers that Donald Trump and congressional Republicans are coming for tax credits and other clean energy incentives in the IRA.
Nevada Gold Mines
Not Waiting for Trump, DOE Sends More IRA, IIJA Funds to Red States
The best way to Trump-proof the IRA funds is to get them out the door as quickly as possible, some advocates are saying. Unspent money could be at risk of never being spent.
EIA
EIA: Distribution, Transmission Led to Higher Utility Capital Spending
EIA data on utility capital spending over the past 20 years shows that an increase in distribution and transmission spending outweighed declines in generation spending.

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