The US House of Representatives has passed a US$1 trillion bipartisan infrastructure deal that will see the country's power infrastructure modernised to support new renewables projects
The investment required to upgrade and expand transmission infrastructure across the world will be a key challenge as more renewables come online, consultancy EY has warned.
The US Senate Energy and Natural Resource Committee has voted in favour of advancing a bipartisan energy infrastructure bill that would see US$100 billion of investment in renewable energy systems
With electricity consumption in Denmark expected to double in the next nine years, driven in part by the electrification of heating and transport, the country’s solar sector is hopeful that authorities will finance much-needed grid upgrades in a way that doesn’t stymie renewables deployment.
The American Council on Renewable Energy (ACORE) has said that a proposed transmission investment tax credit (ITC) in the US could spur US$15.3 billion of fresh investment in clean energy and enable an extra 42GW of wind and solar capacity to come online.
While foreign investors are said to be flocking to Greece’s solar sector, project developers are struggling with headwinds in the form of grid access challenges and local resistance to new renewables plants. Jules Scully looks at how these hurdles are affecting PV deployment in the country.
The US Federal Energy Regulatory Commission (FERC) has announced a string of initiatives to help develop the country’s power grid, including tightening a transmission incentive policy for utilities and a workshop that will explore how companies can benefit from grid-enhancing technology.