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Clean energy a ‘big winner’ as Fed cuts interest rates more than expected
Renewable energy projects are “very sensitive to the cost of capital,” particularly for capital-intensive technologies like offshore wind, said Mona Dajani, a partner at Baker Botts.
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NERC sounds alarm over winter gas supplies, potential grid impacts
December could be colder than normal across the northern and midwestern U.S., and grid operators and the natural gas sector say they are preparing.
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Courtesy of Tesla
PJM is blocking battery storage interconnection pathway: renewable energy group report
PJM could unlock “tens of thousands of megawatts” of additional capacity with certain rule changes consistent with FERC requirements, said Gabel Associates’ Michael Borgatti, who co-authored a report on the topic for ACORE.
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Retrieved from U.S. Department of Energy.
Tribal microgrid project is first with long-duration storage to get DOE loan guarantee
The Viejas Band of Kumeyaay Indians’ facility will have 15 MW of solar and 70 MWh of storage and will support the largest single EV charging hub in North America.
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Rising power prices could drive nearly half of US households to rooftop solar: Enverus
Widespread rooftop solar adoption could change the type of generation resources that utilities need, according to analysis by Enverus Intelligence Research.
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OpinionRenewable energy claims under scrutiny: Preparing for the updated FTC Green Guides
Public utilities and energy companies, in particular, should brace for increased scrutiny of their environmental claims.
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$38.8M earmarked for building decarbonization, energy efficiency, resilience research: DOE
The funding will support next-generation retrofits to improve the building envelope, lighting and HVAC systems, the U.S. Department of Energy said.
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Exelon utilities urge Maryland PSC to keep multiyear rate process
The commission staff says forward-looking rates shift risks to consumers. Maryland’s ratepayer advocate wants to end the process.
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NAESB rolls out draft standardized distribution services contract
The contract will allow for “seamless participation” of distributed energy resource aggregators in wholesale markets, consistent with FERC Order 2222, the energy standards board said.
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Rising demand could drive US wholesale electricity prices 19% higher by 2028: ICF
Electricity demand is expected to rise in every region of the U.S., but “the largest increase by far” is projected in the mid-Atlantic region, where demand could grow 68% by 2050, ICF said.
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US solar panel manufacturing jumps 4-fold after Inflation Reduction Act
The sector is enjoying massive production investment thanks to the clean energy law, even as it contends with heightened tariffs.
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Businesses saved nearly $22B and cut emissions via Better Buildings Initiative, DOE says
Program partners have collectively cut their greenhouse gas emissions by 220 million metric tons since 2011, with over $37 billion extended for energy efficiency and renewable projects since then, per a progress report.
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OpinionMisguided DOE rules on fossil fuel use will harm human health and risk national security
Two recent DOE actions will effectively ban more resilient building solutions like microgrids and combined heat and power that are among the cleanest, most versatile and efficient ways to power buildings.
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The image by Jplourde UMaine is licensed under CC BY-SA 4.0
First-ever Gulf of Maine offshore wind lease sale could support 13.2 GW: BOEM
The lease sale in October will establish the Gulf of Maine as a “hub of innovation” for floating offshore wind, an offshore wind industry group said.
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NRC exemption for Hermes 2 test reactor shows nuclear licensing ‘progress’: NIA
NRC’s decision against a full environmental impact statement shows its progress on more efficiently and effectively licensing advanced nuclear technologies, Nuclear Innovation Alliance’s Patrick White said.
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OpinionThe Energy Permitting Reform Act is our best shot at advancing critical climate goals
The bill would be a crucial step toward America realizing its potential as a 21st century clean energy superpower, but only if we can put our desires for a perfect policy aside and embrace practical compromise.
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DOE unveils 2 prizes aimed at behind-the-meter storage innovation
Winners of the Beyond the Meter Energy Storage Integration Prize could receive up to $100,000 and will be expected to showcase their technology at DISTRIBUTECH in March in Dallas.
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Solar supply chain lifecycle gets boost with $40M in DOE funds
The money aims to spur sustainable management of solar modules at the end of their use as concerns grow over how to deal with waste produced by the sector.
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Low-income families face high energy burden, prompting calls for more government action
One in four low-income U.S. households spends more than 15% of their income on energy bills, finds an analysis by the American Council for an Energy-Efficient Economy.
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Courtesy of General Motors
GM, EVgo plan 400 EV charging stations in metro areas
Most flagship stations are expected to feature up to 20 stalls, but some select sites will offer significantly more chargers.
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ERCOT accelerates initiative to streamline energy procurement and dispatch
Texas is continuing its work to ensure batteries play a prominent role in stabilizing the electric grid.
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Permission granted by Enel X Way North America
California PUC sets grid connection timelines for large investor-owned utilities
The decision could cut in half the time it takes PG&E, SDG&E and SoCal Edison to connect EV charging stations, homes and commercial buildings to the grid, according to the PUC.
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DOE spurs new building energy codes with another $90M
Construction-heavy states that lack the latest energy-efficiency codes are among the focus areas for this round of federal funding, a U.S. Department of Energy official said.
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US nuclear, coal power sites could host up to 269 GWe of new nuclear capacity: DOE
Up to 145 coal sites in 36 states and 41 nuclear sites in 31 states, including some recently retired plants, are potentially suitable for nuclear repowering, DOE said.
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Clean energy groups urge FERC to reject Southeast Energy Exchange Market
The SEEM produced $3.7 million in benefits in 2023 but had $4.3 million in administrative costs, according to Advanced Energy United and other groups.
