More big corporations are looking to meet up to 100% renewable energy goals, but antiquated grid operator planning has delayed construction of transmission infrastructure that is putting the targets at risk.
The U.S. solar industry could see a 10% drop in installations over the next four years under a tariff on imported solar cells and panels approved on Jan. 22 by President Trump.
To expand offshore wind in Europe and reduce the cost of connecting turbines farther out to sea by cable as coastal locations fill up, TenneT, a major European transmission grid operator, is studying the feasibility of building a $1.8-billion man-made wind-farm island in the North Sea between the U.K. and Denmark—and maybe others.
Proposed stringent emission-reduction targets through 2030 in the nation’s only interstate cap-and-trade program will continue the already well-established market shift toward renewable and efficient power-generation construction projects, industry analysts say.