Stephen Fernands

Project Spotlight: Dimension Energy – NY2 & NJ7 In partnership with Dimension Renewable Energy , this project spans nine sites across New Jersey and New York. These installations offer cost-effective solar solutions to residents. The 28.04-megawatt (MW) portfolio is projected to generate 37 gigawatt-hours (GWh) over its lifespan. This energy production will offset 26,000 metric tons of CO2 annually—equivalent to the emissions from burning nearly 30 million pounds of coal or sequestering carbon similar to over 56,000 acres of forest each year. Discover the community and environmental impacts of these installations: https://lnkd.in/dm87fCdH #ITC #SolarInvestment #SolarTaxCredit #TaxCredits

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From our good friend & energy expert, Mark Mills: "Early in August, PJM, the grid administrator that manages electricity for a 13-state region that includes NJ, reported the results of its auction for supplying next year’s wholesale power: the bids came in nearly ten times as high as last year...a direct consequence of...NJ's...aggressive pursuit of an “energy transition” to renewables. https://lnkd.in/evJENuA4

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On July 9, ten states signed an MOU to create the Northeast States Collaborative on Interregional Transmission, with goals to enhance grid reliability, reduce energy costs and support offshore wind projects. However, the practical implementation remains to be seen according to Actalent senior practice manager Ryan Cross, PE, MBA. ⚡ In this Utility Dive article, Cross shares the key challenges the states will have to overcome, along with opportunities for significant regional benefits >> https://bit.ly/3zWPlRN #utilities #energy #transmission #weareactalent

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Sometimes #energytransition progress is talked about with so little fanfare you can almost miss it...unless you read things like the recently published SPP 2023 State of the Market Report. Congratulations to Southwest Power Pool for continuing to reliably manage an increasingly intermittent generation mix, including the continued expansion of #demandresponse resources. "For the second straight year, wind generation produced the highest percentage of total generation, at 37 percent in 2023." "Of the 1,806 MW net increase in nameplate generation capacity from 2022, 1,693 MW were from wind resources, 431 MW were from dispatchable demand response, and 239 were from solar resources." https://lnkd.in/ghVSqNxF #DR #DERs #VPPs

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IRA Home Energy Rebates offer a game-changing opportunity for energy efficiency, electrification, and decarbonization, but how can states best coordinate funding and savings? NEEP’s latest report outlines four key frameworks to guide these decisions. Read our blog for more information: https://lnkd.in/eEMxsh9P  #EnergyEfficiency #Decarbonization #IRA #CleanEnergy #NEEPNotes 

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☑️ Agrivoltaics is a fresh, thriving practice that creatively blends conventional agriculture and solar power production. ☑️ Agrivoltaics projects, like the successful cattle grazing and solar power generation in Massachusetts, show the feasibility of this idea and generate interest in it among other states. ☑️ Combining solar power with various crops, such as soybean and sweet corn, allows for increased productivity and efficiency. Agrivoltaics, or combining traditional farming with solar power generation, has been steadily gaining traction in the renewable energy sector. This concept, central to the work of many solar companies, exhibits the potential benefits of coexisting farming and power generation rather than treating them as competing land uses. Despite the mixed public opinion on large solar plants, this approach has shown significant promise, exemplified by multiple successful projects in Massachusetts that combined cattle grazing with solar power generation, proving advantageous for both agriculture and energy sectors. Other states such as New Jersey and New York are also exploring similar initiatives, reflecting the growing interest in this sustainable model. Furthermore, the integration of solar power with various crops, including soybeans and grains like wheat, barley, and oats, presents exciting opportunities for overlapping productivity. However, agrivoltaics' success hinges on respecting and accommodating the needs of local communities and environmental considerations. For more information on selling solar virtually across the USA visit www.tstpros.com.

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