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Invenergy to Supply CORE with Over 1.2 TWh of Renewable Energy Annually

Solar Industry Magazine - Tue, 01/24/2023 - 13:13

CORE Electric Cooperative (CORE), an electric distribution cooperative in Colorado, and Invenergy, a developer, owner and operator of sustainable energy solutions, have signed a new wholesale power supply partnership. The partnership will provide CORE with over 1.2 TWh of renewable energy per year, which includes approximately 400 MW of new solar and wind energy projects and 100 MW of battery storage, backed up by over 300 MW of existing reliable natural gas resources, starting in 2026.

The power agreements cover a 20-year term between Invenergy and CORE. Invenergy has developed seven projects currently in operation in Colorado.

Combined with CORE’s existing generating assets, these new agreements will supply the bulk of CORE’s wholesale energy needs. With this partnership, CORE will advance its objective of reducing carbon emissions by 80% by 2030 and create more flexibility to implement additional battery storage and other technologies in the future.

“CORE’s innovative partnership with Invenergy demonstrates that the transition to a clean and reliable energy future can be done without sacrificing affordability for our members,” says Jeff Baudier, CEO of CORE Electric Cooperative. “With Invenergy, a proven and like-minded developer that can react and deliver in record time, CORE is competitively positioned to support native growth and aggressively pursue new business.”

“After months of thorough analysis and diligent planning, we’re excited to announce CORE’s future in delivering our members affordable, reliable and clean power as Colorado’s premier energy provider,” shares Tim White, CORE’s board president.

“This partnership between Invenergy and CORE signifies a key moment in Colorado’s clean energy transition,” adds Jim Shield, senior EVP and development business leader at Invenergy. “Invenergy is proud to be CORE’s chosen partner and to help them meet their important renewable energy and reliability objectives through our flexible energy solutions.”

The selection followed a competitive evaluation of service provider proposals and was approved by CORE’s member-elected board of directors.

The post Invenergy to Supply CORE with Over 1.2 TWh of Renewable Energy Annually appeared first on Solar Industry.

Copenhagen Infrastructure Partners Sells Travers Solar to Axium Infrastructure

Solar Industry Magazine - Tue, 01/24/2023 - 08:27

Copenhagen Infrastructure Partners (CIP), on behalf of Copenhagen Infrastructure Fund IV, has sold its 100% ownership interest in the Travers Solar project to a fund managed by Axium Infrastructure.

Located about 130 km south of Calgary in Alberta, Canada, Travers has a total capacity of 465 MW AC / 691 MW DC. It is the largest non-hydro renewable energy asset in Canada. The project, which represents CIP’s first investment in Canada, started construction in March 2021 and reached commercial operations in November 2022.

“Travers has proved not only a valuable asset but also a significant driver in Canada’s transition to renewable energy,” says Tim Evans, partner, and head of North America at CIP. “The sale of Travers is evidence of the value created by CIP during the development, financing, and construction phases of this marquee renewable energy asset. The consummation of this transaction advances CIP’s commitment to a sustainable future.”

CIBC Capital Markets acted as exclusive financial advisor to CIP on the sale and as joint bookrunner and mandated lead arranger on the project financing. Norton Rose Fulbright acted as legal advisor to CIP.

The post Copenhagen Infrastructure Partners Sells Travers Solar to Axium Infrastructure appeared first on Solar Industry.

New report lays out roadmap for comprehensive US offshore wind supply chain

Renewable Energy Magazine - Tue, 01/24/2023 - 05:39
The Business Network for Offshore Wind National Offshore Wind, in partnership with Research and Development Consortium (NOWRDC), the National Renewable Energy Laboratory (NREL) and others has released a report identifying how the United States can develop a robust and equitable domestic supply chain to achieve the national offshore wind target of 30 GW by 2030.

Sol Systems acquires 190 MW Texas solar project from ABEI Energy

Renewable Energy Magazine - Tue, 01/24/2023 - 05:39
Washington, D.C.-based Sol Systems, LLC has announced the acquisition of a 190-megawatt (MW) solar development project in Uvalde County, TX from Madrid-based ABEI Energy.

Long-term regulatory and policy changes needed to avoid stalls to business decarbonisation finds Cornwall Insight report

Renewable Energy Magazine - Tue, 01/24/2023 - 05:39
A new report from Cornwall Insight has set out a range of regulation and policy changes the UK Government could examine if it wants to avoid a slowdown or stalling of business investment in decarbonisation.

K2 Management to support hybrid renewables in 2023

Renewable Energy Magazine - Tue, 01/24/2023 - 05:39
Renewable energy engineering and project management consultancy K2 Management (K2M) has announced that it will begin offering technical due diligence, energy yield analysis and lenders advisory services for hybrid wind and solar projects across Europe in 2023.

Wind Farm Funding Helps Fight Social Isolation in Small Community

Renewable Energy Magazine - Tue, 01/24/2023 - 05:39
Leadhills Family Action Group (LFAG) has been granted £9,605 from the Renewable Energy Fund (REF) - a fund distributed by South Lanarkshire Council utilizing funding from Banks Renewables' nearby wind farm developments including Kype Muir and Middle Muir wind farms.

TotalEnergies Commissions BioBéarn Anaerobic Digestion Unit in France

Renewable Energy Magazine - Tue, 01/24/2023 - 05:39
TotalEnergies has launched its 18th biogas production unit in France, which will be the largest in the country with a maximum capacity of 160 gigawatt hours (GWh). Named BioBéarn and located in Mourenx in the southwest of France, this new unit, fed with organic waste, has begun feeding its first cubic meters of biomethane – a renewable, decarbonized and locally produced gas – into the natural gas transmission network operated by Téréga. 

Regen Fiber launches innovative method to recycle wind turbine blades

Renewable Energy Magazine - Tue, 01/24/2023 - 05:39
New Iowa business Regen Fiber has launched an innovative way to recycle wind turbine blades that are no longer in use, so they don’t end up in landfills, converting them instead into reusuable materials for manufacturers in the concrete, mortar and other industries.

How to Develop Infrastructure for an Electric and Renewable Revolution

Renewable Energy Magazine - Tue, 01/24/2023 - 05:39
The world is on the verge of a renewable energy revolution. Governments and public and private organizations alike have set goals for phasing out fossil fuels, including electrifying more processes and transitioning to green energy. It’s a noble and necessary shift — but it will require significant infrastructure development to work on a large scale.

GenComm Partners Report on Research Into Decarbonization

Renewable Energy Magazine - Tue, 01/24/2023 - 05:39
Two authors of a new white paper on ‘Alternative Powertrains and the challenges to decarbonize the Transport Sector’ are calling for more action from governments regarding the introduction of alternative powertrains  to fight CO2 emissions.

Minesto and SEV Strengthen Partnership for Tidal Energy Build-Out in the Faroe Islands

Renewable Energy Magazine - Tue, 01/24/2023 - 05:39
Minesto, a leading ocean energy developer, and SEV, Faroese utility company, have renewed and expanded the collaboration agreement outlining respective roles and responsibilities related to tidal energy build out in the Faroe Islands, including the ongoing electricity production in Vestmannasund and the first large scale tidal array in Hestfjord.

Coal states miss out on benefits of cheap wind and solar, pay twice the price of power

Renew Economy - Tue, 01/24/2023 - 05:01

States most dependent on fossil fuels hit by surging prices, despite lowest ever coal output, the lowest gas generation for 18 years, and record wind and solar.

The post Coal states miss out on benefits of cheap wind and solar, pay twice the price of power appeared first on RenewEconomy.

A Utility Investment Plan Is Like a Camel

Rocky Mountain Institute - Tue, 01/24/2023 - 03:00

Camels can carry an impressive 440 pounds, but even these powerful desert creatures have their limits. Despite their strength, proverbially, the last straw added to a load can break a camel’s back.

Utility resource plans have more in common with camels than most regulators realize. They carry a lot of weight — over the next three years, utilities serving at least 40 percent of US total electricity sales and over 90 million customers will file integrated resource plans (IRPs). Utilities typically recommend in their plans a portfolio of resources that they believe can meet the grid’s needs for the next 10–30 years in a manner that is affordable, reliable, and safe. Even when utilities and regulators are not bound to the final recommended portfolio, if conducted effectively, the IRP provides critical direction for the resource mix, a deeper understanding of the needs and aspirations of households and communities a utility serves, and strategies to respond to future opportunities and risks.

Today, resource planning is being asked to carry even more straw. IRPs are seen as an important place to integrate a growing set of policy objectives, ensuring that utilities can deliver carbon reductions, energy equity, and economic development, in addition to reliability, affordability, and safety.

But how much can we pile on before the process breaks? Now is a critical time for regulators and utilities to consider how to modernize planning processes in a way that avoids breaking the camel’s back. RMI’s new report, Reimagining Resource Planning, offers an overview of the state of planning today, highlights where leaders have implemented changes to continuously improve their processes, and challenges regulators and utilities to push the boundaries further.

Planning for Tomorrow’s Grid with Yesterday’s Plans

Planning the electricity system has never been more complex. Utilities are simultaneously facing unprecedented weather events, retiring aging high-emissions resources, and considering a wider array of resource options including creative demand response solutions — while trying to ensure electricity is reliable, affordable, and safe. On top of these factors, many utilities and regulators are updating their processes to achieve new objectives such as energy equity, local economic development, and emissions reductions.

To remain a powerful tool for making timely decisions in the face of this complexity, IRPs need to retain and continue to improve on three core qualities:

  • Trusted — The IRP must be transparent and well vetted, with stakeholder input.
  • Comprehensive — The IRP should accurately represent the costs, capabilities, system impacts, and values of the resources that might be available within the planning time horizon, and should consider actions across the transmission and distribution systems as portfolio options.
  • Aligned — It should be clear how the plan evaluates options to meet traditional planning requirements such as reliability, affordability, and safety as well as state and federal policies and customer priorities such as reducing emissions and advancing environmental justice.

Learn from Leaders Today

Utilities and regulators can learn from approaches that have been tested in other states. Drawing from the more than 50 examples documented in Reimagining Resource Planning, regulators, utilities, and stakeholders can move quickly to make changes that enhance these three qualities of an IRP. For example:

Trusted: ln New Mexico, utilities must publish specific cost data in their resource plan, adding transparency needed to evaluate the plan. In Washington, utilities are required to document how they incorporated input or provide an explanation for why they did not incorporate input, giving stakeholders visibility into how their input was used.

Comprehensive: In Indiana, utilities have updated their approaches to modeling demand-side resources in a way that is more consistent and comparable to supply-side resources. In Oregon, planning guidelines suggest that transmission should be considered as a resource option in utility planning.

Aligned: In California, utilities are identifying the disadvantaged communities they serve in their long-term plans to evaluate air quality and access to utility programs in those communities. In Colorado, utilities, in partnership with the state energy office, have developed an approach to estimate the emissions of each planning portfolio and assess alignment with the state’s greenhouse gas reduction targets.

Navigating Complexity without Breaking the Camel’s Back

Implementing a number of these incremental changes to ensure IRPs are trusted, comprehensive, and aligned comes with risk, despite the significant potential upside. Resource planning is intensive today — plans can take more than a year to develop and often require significant data, complex modeling, external stakeholder engagement, and coordination across multiple departments. Piling on enhancements might break the camel’s back.

Reimagining Resource Planning offers a structured set of questions for regulators to consider as they implement changes to enhance planning without breaking the process:

  • Purpose: What are the goals for the electricity system in the context of broader policy objectives, and how should plans be evaluated with respect to those goals?
  • Scope: What should be included in IRPs, and what might be included in separate, yet coordinated processes?
  • Roles: Who should be involved in developing IRPs?
  • Tools: How can we use analytical tools and engagement processes to best support the outcomes of planning?

Careful changes in these four areas can help IRPs thrive under the weight of new expectations. Reimagining Resource Planning is an invitation for regulators and utilities to use these questions, learn from leaders, and share their results — all without breaking the camel’s back.

The post A Utility Investment Plan Is Like a Camel appeared first on RMI.

Invest in Youth to Ramp Up the Clean Energy Transition

Rocky Mountain Institute - Tue, 01/24/2023 - 03:00

Today is the United Nation’s International Day of Education, and there is no better time to highlight the importance of investing in our youth. Young professionals make up more than 25 percent of the global workforce. Young people can drive change, accelerate climate solutions, and are critical to the energy transition. Channeling funding to opportunities and programs for young professionals to gain hands on experience in the energy sector is paramount to achieving global net-zero targets.

For Oluwadabira Abiola-Awe, ventures and capital campaign associate at Student Energy, empowering young professionals as leaders in the energy transition is key to achieving universal energy access and a net-zero path for the future. “Investing in young people will accelerate the path to the energy transition,” she says. “We need millions of jobs in the renewable energy sector by 2030, and even more by 2050, and it is important to invest in the individuals who will be active members of the workforce as they will be critical to realizing the transition.”

Abiola-Awe and her colleagues at Student Energy work with an international network of more than 50,000 young people from 120 countries actively striving to develop a sustainable energy future and empower the young leaders who are critical to realizing this global change. “Young people are such powerful advocates for change, and with the skills, mentorship, support, and networks, they can spread their influence, ideas, and enthusiasm to advance renewable energy,” Abiola-Awe notes.

RMI’s Energy Transition Academy (ETA) is focused on capacity development — building the human and institutional talent to advance the energy transition — and is committed to working with partner organizations, such as Student Energy, to ensure an equitable transition. In 2022, ETA collaborated with Student Energy at the Sustainable Energy for All Forum in Kigali and at the Youth Energy Summit in Brussels, where RMI’s Global South Senior Director Raul Alfaro-Pelico participated in workshops and panel discussions on the power of storytelling as a communications tool, early career development, investing in Africa’s human capital, and building youth-centric metrics into energy investments. RMI also provided training sessions for Student Energy’s Career Training program.

As countries seek to decarbonize their economies, accelerate the energy transition toward net zero, and close the gap on rising unemployment trends, financial investments in technical skills development, hands-on training, and sector-specific educational opportunities for young professionals (between the ages of 18 and 35) become more important than ever.

The Growth of Green Jobs

Globally, the renewable energy sector, which currently employs approximately 12 million people, is estimated to increase to a workforce of 38 million by 2030 to meet global net zero goals. According to the International Energy Agency’s World Energy Employment Report released in September 2022, this job growth will include reskilling within the energy sector as well as the creation of up to 14 million new clean energy jobs, and the IEA highlights a current shortage of skilled workers as a barrier to achieving international climate targets.

The number of young people entering the labor market globally is also on the rise. As noted by the International Labour Organization (ILO), by 2030, up to 25 million young people between the ages of 15 and 29 will enter the global labor market.

This increase in youth entering the labor market is especially pronounced in countries in the Global South where youth comprise a significant portion of the population. In sub-Saharan Africa, 70 percent of the population is under the age of 30, presenting a significant demand on the economy for job creation.

The ILO sees the expanding green economy and renewable energy sector as having the potential to make a significant impact on filling this gap for youth employment.  In its Global Trends for Youth 2022 report, the ILO estimates that globally up to 8.4 million new jobs for young people ages 15–29 could be created in association with a green transition.

As a call to action, at COP27 in Egypt this past November, the United Nations Environmental Programme, United Nations Children’s Fund, and the ILO launched the Green Jobs for Youth Pact, to empower young leaders, provide skills training, and create green job opportunities in developing countries.

Student Energy is among the signatories to the Green Jobs for Youth Pact and Abiola-Awe sees it as a progressive initiative with the potential to foster broader partnerships and encourage organizations to act on meeting the job needs of the future and providing training for young professionals.

Abiola-Awe also touched on the untapped potential of young people who can step in as a powerful workforce to lead and deploy minigrids, boost renewables, increase energy access, and meet global climate goals during the United Nations Development Programme’s Africa Minigrids Program launch event.

RMI is slated to release a report early 2023 on a green jobs’ framework, and has previously outlined some of the benefits for youth and a people-focused energy transition, as well as pathways and strategies to realizing green jobs in the Global South.

“For the energy transition to be just, the youth in the Global South need to be front and center of the conversation”, says Alfaro-Pelico. “The ETA is one of the many examples of RMI leveraging young voices. Our work in Africa shows that closing the continent’s electricity access gap with cleaner and cheaper renewable sources is possible when they are in the driver’s seat.”

Hands-On Training

Another leading organization providing training opportunities for young professionals in the renewable energy sector is the Renewable Energy Technology Training Institute (RETTI) based in Lagos, Nigeria. RETTI provides a variety of technical training programs including courses on solar photovoltaic system design, construction and installation, renewable energy management and finance, and a range of other clean energy topics.  One of RETTI’s flagship programs, the Africa Fellowship for Young Energy Leaders provides training on renewable energy technologies for young Africans that are PhD Engineering students or practicing electrical engineers who are seeking to advance their career in renewable energy.

“Providing training and job opportunities for young professionals promotes faster adoption of clean energy and access to electricity through entrepreneurship,” says Glory Oguegbu, RETTI’s founder and CEO. “Investing in people to develop and update their skills also makes economic sense. It can reduce un- and underemployment in the energy sector, increase productivity, and improve standards of living.”

Glory Oguegbu (right) and RETTI student Omolara Mustapha, a beneficiary of the RETTI scholarship scheme during a solar panel installation practical.

At RMI, the Energy Transition Academy is helping empower the next generation of energy leaders in the Global South by providing opportunities for hands-on skill development, peer-to-peer learning, site visits to renewable energy facilities, and study tours.

ETA’s Global Fellowship Program, is one such initiative, designed for energy professionals with varying levels of experience from young professionals to seasoned managers to gain hands-on project development and management training within the renewable energy sector. The fellowship program’s current offerings are focused on utility-enabled solar microgrid development in the Caribbean and Nigeria.

Among the young leaders in the fellowship program is Shiquoi Issac, a mechanical engineer and project manager with the US Virgin Islands Water and Power Authority. Issac highlights the importance of investing in young professionals noting, “When governments, organizations and companies invest in developing young leaders in the energy transition, it sends a message to those young leaders as well as the rest of the world that they are serious about the future. These young leaders are able to pioneer one of the most critical fields that exists while bringing new ideas to the forefront.”

Lorenza Carey, an ETA Fellow, engineer, and project manager for Bahamas Power and Light, is another emerging leader in the renewable energy sector in the Caribbean. Carey emphasizes the importance of mentorship and leadership opportunities for young professionals. “The commitment of various countries to utilize cleaner energy sources has solidified the beginning of a new era,” he says. “It’s imperative that the stakeholders view this energy transition revolution as a relay race. The senior professionals have begun the race. Still, it will be young professionals of today who will be in this race for another ten, twenty, or thirty years. The successful longevity of the clean energy transition relay race remains with the young professionals of today.”

On this International Day of Education, we should recognize the value of investing in young professionals to advance our collective goals toward a net-zero future. RMI’s Energy Transition Academy is committed to this, and we challenge other organizations to embrace youth as the leaders of today. If you are interested in funding clean energy programs and opportunities specifically designed for youth, please contact Jennifer Stokes, Managing Director of Development, at jstokes@rmi.org or Raul Alfaro-Pelico, Senior Director of the Energy Transition Academy, at ralfaropelico@rmi.org.

The post Invest in Youth to Ramp Up the Clean Energy Transition appeared first on RMI.

Environmental groups warn WA’s gas projects will derail new net-zero legislation

Renew Economy - Mon, 01/23/2023 - 20:34

WA to become only third state to legislate net zero target, but environmental groups warns its gas projects will undermine the goal.

The post Environmental groups warn WA’s gas projects will derail new net-zero legislation appeared first on RenewEconomy.

Germany outlines step to reach 30GW of offshore wind by 2030

Renew Economy - Mon, 01/23/2023 - 20:30

German outlines key steps to get to 30GW of offshore wind by 2030 and offshore electricity grid.

The post Germany outlines step to reach 30GW of offshore wind by 2030 appeared first on RenewEconomy.

Bowen pushed Snowy to show “market leadership” on prices through energy crisis

Renew Economy - Mon, 01/23/2023 - 19:28

FOI documents reveal tensions between Bowen's office and Snowy Hydro, a call to the utility to be a model corporate citizen in midst of market crisis, and a new solar farm proposal.

The post Bowen pushed Snowy to show “market leadership” on prices through energy crisis appeared first on RenewEconomy.

Risen Energy proposes new four-hour battery storage facility in Riverina

Renew Economy - Mon, 01/23/2023 - 18:30

Risen Energy is planning a big four hour battery in the Riverina region of NSW, next to an existing solar farm.

The post Risen Energy proposes new four-hour battery storage facility in Riverina appeared first on RenewEconomy.

“Hard-to-abate” must not become code for delaying steel decarbonisation

Renew Economy - Mon, 01/23/2023 - 18:19

Many steel company decarbonisation efforts offer little more than tinkering with existing coal-based technology, and are giving lip service to net zero emissions.

The post “Hard-to-abate” must not become code for delaying steel decarbonisation appeared first on RenewEconomy.

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