Markets

Lack of EV charging infrastructure could cost New Hampshire $1.4 billion in tourist dollars

What’s holding back investments in New Hampshire’s EV charging infrastructure is the requirement that any utility investment must be approved by state-appointed public utilities commissioners, according to a recent report by Clean Energy NH. February 27, 2025 Nearly 3 million electric vehicles (personal light-duty) are expected to be on New England roads by 2033, according …

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National Grid divests U.S. renewables business in $1.7 billion deal

Brookfield Asset Management agreed to purchase National Grid’s renewable energy business, including its utility-scale solar, onshore wind and battery-storage U.S. assets. February 26, 2025 National Grid will sell its U.S. onshore renewables business to Brookfield Asset Management for nearly $1.74 billion. The sale, which will go to Brookfield Renewable Partners and the Canadian investment firm’s …

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How to leverage virtual power plants for a better grid

As the Northeast accelerates its transition to a decarbonized, electrified grid, virtual power plants (VPPs) are emerging as a critical tool to help manage the challenges. However, despite their offer of cleaner and more affordable power through their ability to provide deeper integration of renewables and demand flexibility, VPPs will not take off over night, …

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Record-breaking rates of solar connected to the power grid in 2024

A new report by the Business Council for Sustainable Energy and BloombergNEF unpacks the market and policy trends facing the U.S. solar industry. February 20, 2025 Nearly 50 GW of new solar generating capacity was connected to the U.S. power grid in 2024, per the 2025 Sustainable Energy in America Factbook.   The 13th-annual report, released …

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Enphase expands virtual power plant programs in U.S, Canada, Puerto Rico

The VPP program enables Colorado, Puerto Rico and Nova Scotia residents who have Enphase’s IQ Batteries to “get paid to help the grid.” February 14, 2025 Enphase Energy is to expand its support for virtual power plants (VPPs) in Colorado, Puerto Rico and Nova Scotia. Enphase said program participants may receive a discount on the …

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New York could reach 8 GW of flexible electricity demand by 2040, helping balance renewables

Savings due to flexible demand could approach $3 billion per year by 2040.  February 13, 2025 New York State has the potential for 8 GW of cost-saving flexible electricity demand by 2040, according to the report New York’s grid flexibility potential by The Brattle Group. Managed charging of a projected 6.4 million electric vehicles in the state …

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Sunrise brief: Global utility-scale solar additions hit 182 GW in 2024

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