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New York Announces Energy Storage Roadmap to Add 1,500 Megawatts by 2025 to Combat Climate Change

LCG, June 22, 2018--The Governor of New York Thursday announced his New York Energy Storage Roadmap that targets 1,500 MW of energy storage by 2025 to combat climate change. New York State currently has approximately 60 MW of advanced energy storage capacity deployed and another 500 MW in development. There is also 1,400 MW of traditional pumped storage hydro capacity.

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New Hampshire Governor Vetos Expansion of Net Metering Program

LCG, June 21, 2018--The Governor of New Hampshire vetoed Senate Bill 446 and Senate Bill 365 that were expected to cost electric ratepayers approximately $100 million over the next three years.

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Industry News

Big First Quarter Gains in New Wind Turbine Capacity in U.S.

LCG, May 4, 2017--The American Wind Energy Association (AWEA) released on Tuesday its new U.S. Wind Industry First Quarter 2017 Market Report. AWEA's evaluation concludes that a total of 908 utility-scale turbines were installed in the first quarter of 2017, adding 2,000 MW of electric generating capacity. According to AWEA, the installations represent the wind industry's strongest start in eight years. AWEA's CEO stated, "We switched on more megawatts in the first quarter than in the first three quarters of last year combined."

Twelve states commissioned a total of 25 projects during the first quarter. Texas continues to be the national leader, installing 724 MW in the first quarter, with a total of 21,000 MW now installed. Kansas, New Mexico and North Carolina followed in first quarter installations, with 481 MW, 242 MW and 208 MW, respectively.

Looking ahead, AWEA reports that there are now 9,025 MW of new wind generation capacity under construction, plus 11,952 MW in advanced development, for a total of 20,977 MW of wind capacity. With respect to power purchase agreements (PPAs), AWEA reports that there were 1,781 MW signed in long-term contracts for wind energy, the most in a first quarter since 2013.
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