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The summer of 2024 highlighted a major shift in the U.S. power grid, as extreme heat in California and Texas showcased the essential role of renewable energy. A recent report from the Institute for Energy Economics and Financial Analysis (IEEFA) found that renewables were both dependable and economically viable, reinforcing the move away from fossil… Continue reading Summer Heatwaves Prove Renewable Energy’s Resilience in U.S. Power Grid Transformation

Recent records in renewable energy production highlight the growing role of wind and solar in the U.S. energy grid. In Texas, wind and solar accounted for 76% of electricity on a single day, while New England achieved 45% from wind, solar, and hydropower. According to GridStatus.io, various regions, including the Midwest, New York, and the… Continue reading US Records in Renewable Energy

BC Hydro received an overwhelming response to its recent request for renewable energy projects, with the goal of expanding B.C.’s clean electricity supply to meet increasing demand. Energy Minister Josie Osborne highlighted the importance of clean energy in powering homes, businesses, and industries, while supporting the province’s future energy needs. The call for renewable power,… Continue reading BC Hydro Sparks Massive Growth with Renewable Energy Projects and Infrastructure Upgrades Across B.C.

The Ontario government is undertaking its largest-ever energy procurement, aimed at providing affordable electricity for households and businesses. This initiative is part of a broader plan to secure up to 5,000 megawatts (MW) of energy through multiple procurement efforts, aimed at boosting economic growth and addressing the increasing demand for clean and reliable power. The… Continue reading Ontario Unveils Largest Energy Procurement in History

Expanding wind and solar energy generation throughout Canada is crucial for developing a larger, cleaner electricity grid that aligns with the nation’s clean energy transition and climate objectives. However, to effectively manage the variability of these renewable energy sources, a more intelligent and adaptable electricity grid is needed. Enhancing grid flexibility can be achieved by… Continue reading Accelerating Battery Storage Key to Aligning Canada’s Grid with Net Zero Goals

The U.S. Department of Energy (DOE) has announced a new funding opportunity of up to $65 million for Connected Communities 2.0, aimed at advancing innovations in managing increasing electric loads from buildings, transportation, and industry on the power grid. This initiative focuses on validating grid-edge technologies in real-world environments and providing tools for utilities, automakers,… Continue reading U.S. Department of Energy Allocates $65 Million to Boost Connected Communities

According to a report by the International Energy Agency (IEA), global electricity demand is projected to grow by 4% in 2024, marking the highest increase since 2007. This surge is attributed to strong economic growth, widespread heatwaves, and the growing adoption of electric vehicles and heat pumps. Renewable energy sources are expected to expand significantly,… Continue reading 2024 Global Electricity Demand Forecasted to Grow by 4%

The Canada Revenue Agency (CRA) has released guidance on two new investment tax credits (ITCs) aimed at encouraging clean technology adoption in Canada. These ITCs, which include the Carbon Capture, Utilization, and Storage (CCUS) ITC and the Clean Technology ITC, were recently approved by the Senate as part of Bill C-59, implementing the federal government’s… Continue reading New Cleantech Investment Tax Credits

Despite challenges like tariffs and supply chain interconnection issues, the U.S. energy storage market continues to experience unprecedented growth.   Growth Trends and Future Projections The U.S. energy storage market is expected to see another record breaking year, with Wood Mackenzie predicting a 45% growth in 2024, following a 100% increase from 2022 to 2023.… Continue reading Overview of the U.S. Energy Storage Market

In the first four months of this year, fossil fuels have almost disappeared as a source of new US power generation, with solar energy taking a dominant role, driven by federal climate law incentives under President Joe Biden.   According to the Federal Energy Regulatory Commission (FERC), new natural gas installations totaled just 67 megawatts… Continue reading Renewables Surge as New US Fossil Fuel Power Installations Plummet