Week Ahead: ME Examines Rate Design, California-Quebec Carbon Auction, PA’s Climate Action Plan
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Federal and state agencies across the U.S. are boosting efforts to support electric vehicles (EVs) through zero-emission vehicle (ZEV) goals and decarbonization mandates. EVs are poised to play a significant role in the transition to a decarbonized economy by reducing dependence on fossil fuels.
Ambitious federal goals and initiatives, coupled with state commitments, are driving the transition to a low-carbon future across the U.S. Investments and tax incentives included in the 2022 Inflation Reduction Act (IRA) have added new momentum to the renewable and clean energy industries including offshore wind, nuclear power, and distributed solar.…. Read the full report…...
The U.S. Energy Department’s Loan Programs Office closed a $2.5 billion loan to Ultium Cells LLC on Dec. 12 for the construction of its lithium-ion battery cell manufacturing facilities in Ohio, Michigan, and Tennessee, which will create more than 11,000 high-paying jobs across the three facilities. This will drive the country toward electric vehicles and…...
Demand response (DR) continues to garner attention as a key reliability tool amid the ongoing transition to renewable energy, increased electrification, and extreme weather. Traditionally intended to shed load and prevent blackouts during peak demand periods, DR is increasingly valued for its ability to address imbalances caused by the variability in wind and solar generation.
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The Arizona Corporation Commission has approved a new electric vehicle charging tariff for Arizona Public Service Company that encourages daytime solar charging. This new program will promote EV charging during the maximum solar energy production hours at discounted prices, which will not only promote the adoption of electric vehicles fueled by renewable solar energy but…...
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The U.S. Environmental Protection Agency on Nov. 4 announced preliminary public discussion and comment suggestions for a subsection of new and active programs funded by the Inflation Reduction Act, or IRA, enacted in August. The programs include air quality and climate projects tackling clean energy, transportation, methane emissions, and climate super-pollutants. The initiatives will support…...