Regulators and lawmakers across the U.S. are increasingly exploring the possibilities of deploying virtual power plants (VPPs) as a cost-effective means to provide grid services. VPPs have garnered attention as fossil fuel-fired power plants retire and renewable energy resources continue to grow amid increasing electricity demand.
Electricity consumption from light duty vehicles surpassed that of rail systems in the U.S. in 2023, according to a May 20 report from the U.S. Energy Information Administration. Estimates of electricity consumption in the transport sector for the last five years show rail transport consuming the most electricity until 2022. This change reflects the increasing…...
The share of hybrid vehicles, plug-in hybrid electric vehicles and battery electric vehicles across the U.S. declined to 18 percent of total new light duty vehicle sales in the U.S. during the first quarter of 2024 compared to 18.8 percent in the last quarter of 2023, according to a May 14 report published by the…...
The U.S. Department of Energy (DOE) has finalized its guidance clarifying the statutory definition of foreign entity of concern, or FEOC, in a section of the 2021 Infrastructure Investment and Jobs Act, or IIJA, that applies to programs related to the battery supply chain. This interpretive guidance is expected to assist automakers and other stakeholders…...
The U.S. electric grid is undergoing a significant transformation, with renewable energy sources accounting for an increasing share of the nation's electricity supply. To support this transition, the U.S. Department of Energy (DOE) and various state regulatory commissions have recently announced a series of initiatives aimed at streamlining the deployment of clean energy technologies and improving grid reliability and resilience. Renewable generation accounted for as much as 21 percent of the U.S. electricity supply in 2023, according to the U.S. Energy Information Administration.