The Inflation Reduction Act of 2022 (IRA), passed by the U.S. Congress on Aug. 12, includes a historic $369 billion investment in energy security and climate change programs over the next ten years.
The U.S. Energy Department on Aug. 9 released a request for information on a $675 million critical materials research, development, demonstration, and commercialization program. The program, funded by the 2021 Infrastructure Investment and Jobs Act, aims to advance domestic production and sourcing of critical materials to mitigate vulnerabilities in the domestic supply chain. Several clean…...
The U.S. Senate on Aug. 7 approved the Inflation Reduction Act of 2022, which includes $369 billion for energy security and climate change programs over the next ten years. Among the key climate and clean energy provisions, the bill would expand the investment tax credit for clean energy manufacturers, establish the first hydrogen production tax…...
Grid modernization efforts are increasingly focused on resilience and reliability to protect the system against extreme weather and cyberattacks. Lawmakers and regulators are pursuing reforms to ensure that policies keep pace with the rapidly changing resource mix to facilitate the transformation to a future grid capable of integrating the increasing number of intermittent resources and electric vehicles.
The U.S. power grid, in the first six months of 2022, added 15 gigawatts (GW) of utility-scale generating capacity, according to an Aug. 3 report from the U.S. Energy Information Administration. Wind generation had the largest share with 34 percent, gas had the second largest share, and solar and battery storage made up the rest.…
The Washington Utilities and Transportation Commission (UTC) and the State Department of Commerce (DOC) on Aug. 1 adopted new rules for electric utilities, marking an important step forward in the state’s transition to a clean energy future. The rule addresses various key aspects of the 2019 Clean Energy Transformation Act, or CETA, including the requirement…...
Performance-based regulation (PBR) is gaining momentum across U.S. states driven by policy and technology changes to meet decarbonization goals and changing customer expectations.
The U.S. Energy Department’s Loan Programs Office has closed a $102.1 million loan to Syrah Technologies LLC for the development of its Syrah Vidalia Facility. This marks the first loan from the Advanced Technology Vehicles Manufacturing, or ATVM, Loan program in over a decade, and the first such loan entirely for a supply chain manufacturing…...
U.S. utility-scale battery capacity grew by 229 percent between 2020 and 2021, reaching 4.6 gigawatts, according to a July 27 report from the U.S. Energy Information Administration. Battery power capacity more than tripled during 2021, with more than 93 percent of the installations co-located with solar power plants. U.S. Utility Battery System Application: To better…...
The District of Columbia Public Service Commission on July 8 opened a proceeding to take action that will identify accessible funding sources for the Potomac Electric Power Company and the Washington Gas Light Company under the Infrastructure Investment and Jobs Act of 2021. As a part of this proceeding, the commission directed the utilities to…...