Measures to curb the COVID-19 outbreak could reduce previous forecasts for global energy storage deployments by 19%, according to a report from Wood Mackenzie Power & Renewables — but the sector is still “set to thrive” over the next five years. If the pandemic causes an economic downturn and restrictions on the movement of goods and people continue … [Read more...] about Global storage deployments could see hit in 2020, but 'fundamental drivers' still remain, analysts say
Dominion prepares to file Virginia IRP without natural gas buildout
Dive Brief: Dominion Energy asked regulators for permission on Thursday, ahead of the filing of its 2020 Integrated Resource Plan (IRP), to avoid certain requirements that will no longer apply, such as a comprehensive analysis of new natural gas or nuclear power build-outs. The utility notified Virginia regulators that a natural gas build-out would not be viable in the state … [Read more...] about Dominion prepares to file Virginia IRP without natural gas buildout
Energy efficiency efforts are shutting down due to COVID-19, threatening jobs and savings
In an effort to halt the spread of COVID-19, at least 20 states have stopped retrofits under the federal low-income Weatherization Assistance Program, according to the National Association for State Community Services Programs. Remaining states have left the decision up to local coordinators, some of whom have also stopped work. Utilities across the country have halted their … [Read more...] about Energy efficiency efforts are shutting down due to COVID-19, threatening jobs and savings
S&P: Some utilities have less 'financial cushion' to maintain credit quality in recession
Dive Brief: S&P Global Ratings is revising its outlook for North American regulated utilities from "stable" to "negative" due to risks that COVID-19 impacts will cut away at many utilities' "financial cushions," which have already been somewhat depleted by a variety of events unrelated to the pandemic, the ratings agency announced in a report Thursday. Despite this new … [Read more...] about S&P: Some utilities have less 'financial cushion' to maintain credit quality in recession
A playbook to jumpstart clean energy across all 50 states
The following is a contributed article by Mike Kruger, President & CEO of the Colorado Solar and Storage Association. In this time of unprecedented challenge, there are unprecedented opportunities in the clean energy sector. Technology advances and market forces have made large-scale change possible and momentum has been growing quickly in the last couple of years. … [Read more...] about A playbook to jumpstart clean energy across all 50 states