Drought is a growing concern in the United States, with significant repercussions for various sectors. One particularly hard-hit area is hydropower – a crucial component of the nation's renewable energy mix. Reduced water availability due to drought not only jeopardizes electricity generation b
In a significant development for the renewable energy sector, FirstLight, a diversified renewable energy company, and the Burlington Electric Department (BED), a public power utility in Vermont, have entered into a strategic power purchase agreement (PPA). The agreement, which came into effect in
In a significant move towards sustainable energy solutions, FirstLight Power and Burlington Electric Department (BED) have forged a new power purchase agreement (PPA). Set to deliver over 54 GWh of hydropower and associated VT-1 renewable energy credits from the Shepaug Generating Station in
Avangrid, Inc. has recently achieved the remarkable feat of being included in the global FTSE4Good Index Series for the seventh consecutive year. This distinction marks the company's unwavering commitment to sustainability and robust environmental, social, and governance (ESG) practices. As a
The intersection of rising energy costs and ambitious climate goals presents a complex challenge for the U.S. electric utility industry. Despite significant sustainability initiatives, the primary concern for most customers remains the affordability of their energy bills. This article explores the
Xcel Energy's $12 billion Clean Energy Plan is a pivotal initiative aimed at significantly reducing greenhouse gas emissions by 80% from 2005 levels by the year 2030. This ambitious project, mandated by a 2023 Colorado state law, seeks to introduce 5,800 megawatts of new generation and storage
