The U.S. Treasury Department on Aug. 7 reported that over 3.4 million U.S. consumers benefited from $8.4 billion in tax credits to reduce the costs of clean energy and energy efficiency enhancements to their households during 2023. This is the first public release of data from 2023 tax filing displaying the benefit of clean energy…...
The U.S. Energy Department on Aug. 1 announced up to $63 million in funding for state and local governments to expand battery recycling and upgrade U.S. manufacturing. The initiative will accomplish this by creating innovative technologies such as advanced sensors and modeling that is more accessible to small and medium sized manufacturers. The funding, administered…
The Texas Public Utility Commission has received 72 applications for funding via the Texas Energy Fund’s “In-ERCOT Generation Loan Program.” The applications request $24.41 billion to fund 38,379 megawatts (MW) of planned dispatchable electricity generation projects in the Electricity Reliability Council of Texas (ERCOT) region. The In-ERCOT Generation Loan Program, is one of four Texas…...
The U.S. Energy Department on July 24 announced the selection of 20 projects across 16 states to obtain up to $371 million to support the expansion of a reliable and resilient electricity grid. The funding will expedite the permitting of high voltage, interstate transmission projects and support community infrastructure initiatives along major new power lines…
Pairing residential solar installations with battery storage has been increasing in California, according to a July 18 report published by the U.S. Energy Information Administration. As of April 2024, over 50 percent of residential solar photovoltaic installations were paired with battery storage, in comparison to around 20 percent during October 2023. Excess solar generated at…...
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.
