Power & Utilities
The buildout of the nascent clean hydrogen industry hinges on regulations to implement the clean hydrogen production tax credit considered critical for projects to advance, alongside progress on regional clean hydrogen hubs that will serve as…Read the full report…...
The buildout of the nascent clean hydrogen industry hinges on regulations to implement the clean hydrogen production tax credit considered critical for projects to advance, alongside progress on regional clean hydrogen hubs that will serve as the foundation for a national hydrogen network.
The push to expand energy storage capacity reflects the drive for more resilient and flexible energy systems to support the shift to clean energy. The U.S. Energy Information Administration (EIA) anticipates significant growth in…Read the full report …...
The push to expand energy storage capacity reflects the drive for more resilient and flexible energy systems to support the shift to clean energy. The U.S. Energy Information Administration (EIA) anticipates significant growth in energy storage with nearly 36 gigawatts (GW) added by the end of 2028 based on plans reported by utilities. At the end of 2023, U.S. electric utilities reported operating about 15.8 GW of battery storage capacity.
There is a growing focus on reducing the contributions of buildings to greenhouse gas emissions in order to accelerate progress toward a net-zero carbon future. Buildings account for about… Read the full report …...
There is a growing focus on reducing the contributions of buildings to greenhouse gas emissions in order to accelerate progress toward a net-zero carbon future. Buildings account for about 40 percent of total energy use in the U.S. and 35 percent of the nation's carbon emissions, according to the U.S. Department of Energy (DOE).
Amid ongoing improvements to interconnection processes across the U.S., current queue backlogs and the rapid increase in…Read the full report …...
Amid ongoing improvements to interconnection processes across the U.S., current queue backlogs and the rapid increase in new resources seeking to connect to the grid are driving innovative solutions.
The rapid surge in power demand from data centers has prompted calls for additional capacity to maintain grid reliability. Unlike “electrify everything” initiatives, such as…Read the full report …...
The rapid surge in power demand from data centers has prompted calls for additional capacity to maintain grid reliability. Unlike “electrify everything” initiatives, such as transportation electrification, which are part of broader policy goals and planned through regulatory proceedings, large loads like data centers have emerged unexpectedly.
PJM Interconnection LLC’s capacity market auction for the 2025/2026 delivery year cleared at $269.92 per megawatt-day (MW-day), about nine times the clearing price in the last auction. The significantly higher prices resulted from…Read the full report…...
PJM Interconnection LLC’s capacity market auction for the 2025/2026 delivery year cleared at $269.92 per megawatt-day (MW-day), about nine times the clearing price in the last auction. The significantly higher prices resulted from a reduced electricity supply, mainly due to numerous generator retirements, coupled with rising demand and the implementation of market reforms, according to PJM, which operates across 13 states and the District of Columbia.