A new report released by the New York State Energy Research and Development Authority states that several factors such as global inflation and high interest rates are hindering the state’s ability to reach 70 percent of their electricity from renewable sources by 2030. The draft version of New York’s Clean Energy Standard, or CES, Biennial…...
The Minnesota Public Utilities Commission has accepted integrated distribution plans, or IDPs, filed by Xcel Energy, Minnesota Power, Dakota Electric Association and Otter Tail Power. The IDPs examine the utilities’ current and future distribution projects and expenditure for their systems. The acceptance of the plans ensures the utilities are planning for the reliability, safety, security…...
The enactment of the Infrastructure Investment and Jobs Act (IIJA) in 2021, also known as the Bipartisan Infrastructure Law, and the Inflation Reduction Act (IRA) in 2022, has unleashed billions in federal funding for the
energy sector. These include infrastructure improvements, clean energy deployment, transportation electrification, grid reliability, energy efficiency, and cyber security. Regulators across U.S. states have opened dockets requesting reports on utility actions or initiated proceedings to gather comments on utility opportunities.
The Department of Energy awarded $63 million to support the commercialization of four transformative energy technologies. The funding is through the Seeding Critical Advances for Leading Energy technologies with Untapped Potential, also known as SCALEUP. This marks the third cohort of projects selected under the program. The SCALEUP initiative provides new funding to previous Advanced…...
Electric utilities are increasingly using batteries to move electricity from periods of low prices to periods of high prices, a strategy known as arbitrage, according to a June 25 report published by the U.S. Energy Information Administration. Utilities state that arbitrage is the most common use case of battery storage with 10,487 MW of battery…...
The U.S. Senate approval of President Biden's three nominees to serve on the Federal Energy Regulatory Commission (FERC) brings the agency to its full complement of five commissioners. The move comes as FERC is considering key issues including those pertaining to electric reliability and transmission rules, liquefied natural gas export projects, natural gas pipelines, and energy markets.
New York Governor Kathy Hochul has launched the eighth annual round of solicitation for large-scale renewable energy projects in the state. Expanding on New York’s 10-Point Action Plan, the new projects will advance the state’s goal of generating 70 percent of its electricity from renewables by 2030. The solicitations will be managed by the New…...
The U.S. Senate last week approved President Biden’s three nominees to serve on the Federal Energy Regulatory Commission (FERC) bringing the agency to its full complement of five commissioners. Industry and clean energy groups welcomed the move saying that a fully staffed commission is crucial to address challenges posed by an aging electric grid, the…...