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Electricity costs from battery storage down 76% since 2012: BNEF

Renewable energy projects featuring battery storage could challenge fossil fuels in the area of dispatchable power as the cost of electricity from lithium-ion batteries has fallen by more than two-thirds since 2012.

Tue, 26 Mar 2019 13:22:00 -0400

Con Edison pilots new approach to increasing battery storage on its grid

The utility will leverage real estate lease payments and energy market revenues to develop more front-of-meter storage.

Tue, 26 Mar 2019 12:34:00 -0400

Puerto Rico passes 100% renewable energy bill as it aims for storm resilience

The bill, expected to be signed by Gov. Ricardo Rosselló‚Äč, would ban coal plants by 2028 while setting a 2050 target for going fully renewable.

Tue, 26 Mar 2019 10:44:00 -0400

Dominion makes final decision to close 10 coal and gas-fired units in Virginia

The utility had placed the units in cold storage, but now says it will permanently close them as there is little chance they can be profitable in today's cleaner energy markets.

Tue, 26 Mar 2019 10:43:00 -0400

Emera to sell Maine utility for $1.3B, completing 3-year fundraising plan

When combined with a sale of its New England gas assets, Emera will have raised about $1.57 billion, which will be used to reduce debt and support a $4.85 billion regulated capital program.

Tue, 26 Mar 2019 08:50:00 -0400