U.S. Sets Floating Offshore Wind Energy Goal of 15 Gigawatts by 2035

The Biden administration on Sept. 15 announced that it will aim to deploy 15 gigawatts of floating offshore wind capacity by 2035 and create a “Floating Offshore Wind Shot” to reduce floating technology costs by over 70 percent by 2035 to $45 per megawatt hour. The initiative targets deep-water lease areas to reach the 15-gigawatt…...

High Costs, Infrastructure Challenges Hinder Electric Vehicle Penetration

U.S. Administration Announces Interagency Commitment to Decarbonize Transportation

The U.S. Transportation Department, U.S. Environmental Protection Agency, Housing and Urban Development, and U.S. Energy Department have entered into a memorandum of understanding to coordinate efforts to advance innovative solutions and technologies towards achieving a decarbonized transportation sector, according to a Sept. 16 press release. The transportation sector is a major source of greenhouse gas…...

Biden Administration Approves $40 million to Lower Energy Costs

New York Commission Begins Process to Implement Utility Thermal Energy Network Projects

The New York State Public Service Commission has launched a proceeding to commence the implementation of the Utility Thermal Energy Network and Jobs Act, according to a Sept. 15 press release. The law, enacted in July, is part of initiatives to reduce greenhouse gas emissions through decarbonizing buildings and homes throughout the state. The law…...

NY Green Bank Commitments Exceed $900 Million, Driving $2.4 Billion in Clean Energy Investments

New York Regulator Undertakes Review of $10 Billion Clean Energy Programs

The New York Public Service Commission on Sept. 15 commenced its review of a number of its innovative clean energy programs, incorporating utilities’ endeavour’s under New Efficiency: New York, or NENY and the New York State Energy Research and Development Authority’s Clean Energy Fund, or CEF. Collectively, these initiatives represent approximately $10 billion in customer…...

New Mexico Enacts Trio of Bills Supporting Renewable Energy Expansion

Illinois Utilities Report 44 Percent Diverse Spend in 2021

The 2021 supplier diversity spend reported by Illinois’ six investor-owned utilities showed that of the $5.1 billion spent among the utility companies, 2.2 billion – 44 percent –  was diverse spend. The largest investor owned electric, natural gas, water, and sewer companies in Illinois on Sept. 16, presented progress reports at the Annual Utility Supplier…...