inflation
NYISO announced that the state broke its hourly wind generation record Sunday, generating 1,939 MW from 28 wind power facilities.
The American Clean Power Association’s Offshore WINDPOWER conference discussed uncertainty and the need for federal support amidst supply chain snarls and high interest rates.
MISO has calculated significant increases in its annual cost of new entry for use in its capacity auction in the 2024/25 planning year.
The lead agency in New York’s clean energy transition has come out in favor of inflation adjustments for renewable projects under contract but not yet under construction.
Clean Path NY asked to be included in any inflation adjustments approved for Tier 1 RECs, saying generators would otherwise shun its transmission project.
The U.S. economy is experiencing its first taste of high inflation in decades, and that is contributing to delays in new renewable power projects, experts say.
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