Dive Brief:
A month after the New York Public Service Commission (PSC) adjusted the rules for the state s energy storage deployment program, five utilities have submitted revised deployment plans reflecting a relaxed timeline.
The new plans would have utilities seeking bids to install and operate at least a combined 350 MW of energy storage projects by December 31, 2025, rather than the state s original 2022 deadline. The utilities will also sign dispatch rights contracts for up to 10 years with project developers, up from the original seven-year maximum contract terms.
New York s utilities had petitioned the PSC for more flexibility in meeting a goal of deploying 3,000 MW of storage by 2030, as set out under the commission s 2018 Energy Storage Order. An initial round of solicitations in 2019 and 2020 failed to meet the state s cumulative deployment goals.
LONDON BRIEFING: Ryanair hopeful for end of curbs, gamechanger jet
Mon, 17th May 2021 08:13
(Alliance News) - Ryanair Holdings fell to a loss of more than EUR1 billion in its most recently ended financial year but said Monday it expects an improvement as coronavirus restrictions ease and it introduces a more efficient airplane.
The Irish budget airline said it swung to a loss for the year to the end of March of EUR1.11 billion from EUR648.7 million profit recorded the year before.
Annual revenue fell 81% year-on-year to EUR1.64 billion from EUR8.49 billion, in line with the fall in traffic to just 27.5 million from 148.6 million the year prior. Load factor declined to 71% from 95% year-on-year.
Connecticut should accelerate energy storage deployment to benefit consumers and the environment
Key Capture Energy NY 1 Project, 20 MW, Saratoga County, NY. Photo courtesy of Key Capture Energy.
The Connecticut General Assembly is considering legislation – Senate Bill 952 – to ensure deployment of 1,000 megawatts of energy storage capacity by the end of 2030 – enough to power about 1 million homes.
To capture the benefits of energy storage and ensure Connecticut stays on track to meet its 2040 clean energy goals, we believe the pending bill should be modified to accelerate the deployment deadline and require all storage resources be competitively sourced.
Francis Pullaro
Adding a significant amount of battery energy storage to the power grid can provide significant cost, reliability, and environmental benefits to the people of Connecticut. Stand-alone energy storage facilities provide new capacity to the grid and complement renewable energy resources by absorbing their ex