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.
An Australian solar-plus-storage project that aims to supply 20% of Singapore’s electricity demand has been marked as a priority initiative by advisory group Infrastructure Australia.
Solar and wind power represent a US$1 trillion investment opportunity in Asia Pacific this decade, equivalent to two-thirds of the region’s power generation sector, as countries move away from fossil fuel generation in favour of greener alternatives.
Ongoing project performance issues and tumbling power price forecasts cost renewables infrastructure investor John Laing £95 million (US$124.61 million) in the first half of the year.
Japanese telecoms giant Nippon Telegraph and Telephone (NTT) is plotting a major renewables play in the country, investing up to US$1 billion a year up to 2030.
Spanish and Australian associations highlight renewables' key role in powering society as COVID-19 lockdowns tighten, with pooling resources and reducing worker travel on the agenda.
CEC's survey of 70 clean energy executives highlights that grid connection problems, federal policy shortcomings and transmission issues are the top woes for Australian renewables.