Tucson Electric Power (TEP) to provide 70% of its energy from solar and wind by 2035

Tucson Electric Power (TEP) plans to provide more than 70 percent of its power from wind and solar resources as part of a cleaner energy portfolio that will reduce carbon emissions 80 percent by 2035.

TEP has filed its integrated resource plan (IRP) with the Arizona Corporation Commission, outlining plans for 2.5GW of new solar and wind over the next 15 years and 1.4GW of energy storage capacity as it progressively shutters its coal power stations.

See the TEP Press Release for more information: https://www.tep.com/news/tep-plans-clean-energy-expansion-carbon-reduction/

Electrification of transportation sector - More Renewable Energy Needed

Adoption of electric vehicles is now rapidly increasing due to long-term cost savings, tax incentives, declining battery costs, and environmental awareness. Charging the batteries will be a challenge for utilities, but if the charges can be made grid-interactive (capable of sending battery energy back to the utility if needed to meet peak needs), This could develop into benefits for all.

See the Renewable Energy World article: https://www.renewableenergyworld.com/2020/07/01/electrification-of-transportation-sector-nears-tipping-point/

Plunging cost of wind and solar marks turning point in energy transition: IRENA

LONDON (Reuters) - Plunging costs of renewables mark a turning point in a global transition to low-carbon energy, with new solar or wind farms increasingly cheaper to build than running existing coal plants, according to a report published on Tuesday.

The International Renewable Energy Agency (IRENA) said the attractive prices of renewables relative to fossil fuel power generation could help governments embrace green economic recoveries from the shock of the coronavirus pandemic.

Read the full article at: https://www.reuters.com/article/us-energy-renewables-costs/plunging-cost-of-wind-and-solar-marks-turning-point-in-energy-transition-irena-idUSKBN2390I8