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How a battery shortage is hampering the US switch to wind, solar power

How a battery shortage is hampering the US switch to wind, solar power

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How a battery shortage is hampering the U.S. switch to wind, solar power

By Nichola Groom (Reuters) - U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on.

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How A Battery Shortage Is Hampering The U.S. Switch To Wind, Solar Power

By Nichola Groom

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Battery shortage is affecting U.S. energy, drive to replace fossil fuels with other sources

The battery shortage is impacting the effort to transition US energy use from fossil fuels to so-called renewable energy sources that rely on storage

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HECO's profits jumped in 2020 as some customers struggled to pay bills

Nonprofit questions why HECO’s profits jumped in 2020 as customers struggled to pay bills HNN Staff © Provided by Honolulu KHNL Hawaiian Electric Company HONOLULU, Hawaii (HawaiiNewsNow) - A Hawaii nonprofit is questioning why Hawaiian Electric saw an increase in revenues last year amid shutdowns and as many residents struggled to cover their utility bills. According to a Hawaiian Electric Industries 2020 report, HECO saw a net income of $169 million, compared to $156.8 million in 2019. That’s a 4.5% increase in profits. Sharon Higa, HECO senior communications consultant, said the increase in profit is due to a reduction in operating expenses and a reduction of staff.

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