The U.S. Department of Housing and Urban Development on Oct. 19 announced over $100 million in funding for new loans and subsidies to renovate the living spaces for 1,500 low-income households to cut energy waste and increase resilience to extreme weather events. The funding is a part of the Green and Resilient Retrofit Program, or…...
Evolving electric system reliability needs that stem from the anticipated unprecedented growth in intermittent resources have prompted a closer scrutiny of resource adequacy (RA) issues. The increasing share of renewables to facilitate a lower-carbon grid, coupled with fossil generation retirements and increased demand for electrification, pose emerging challenges to the ability of system operators to meet reliability requirements. RA ensures that the planned resource mix is sufficient to meet the future system capacity needs and maintain grid reliability.
The New York State Public Service Commission on Oct. 12 denied petitions seeking additional funding from consumers for four proposed offshore wind projects and 86 land-based renewable energy projects. The petitions filed by major offshore wind developers and a clean energy group sought amendments to power purchase agreements with the New York State Energy Research…...
U.S. peak hourly electricity demand on July 27, 2023, reached 741,815 megawatt hours (MWh), according to an Oct. 5 report from the U.S. Energy Information Administration. The peak hourly demand was the second highest since 2016 and was marginally below the record high of 742,704 MWh last year on Jul. 20. U.S. peak electricity demand…
The states of Massachusetts, Rhode Island, and Connecticut, on Oct.4 announced an offshore wind multi-state coordination memorandum of understanding for offshore wind in New England. The collaboration, the first of its kind in the U.S, aims to capture cost reductions by facilitating the development of large-scale, viable offshore wind projects, thereby enabling the acquisition of…...
The U.S. Energy Department on Sept. 29 announced a $9 million program to enhance state and regional participation in wholesale power markets. The initiative – Wholesale Electricity Market Studies and Engagement Program – is designed to provide technical and financial support for states and regional entities to develop, expand, and improve wholesale markets. Such collaboration…...
Clean hydrogen is expected to play an integral role in the transition to a decarbonized energy system. Federal and state initiatives are aimed at…Read the full report…...
The U.S. Energy Information Administration in a report published on Sep. 28 lowered its projection of U.S. hydropower generation by 6 percent for 2023, compared to last year. The reduction in the forecast is attributed to weather outcomes in the U.S. Northwest over spring and summer, which led to curtailed water supply. U.S. hydropower capacity…...
The Bureau of Ocean Energy Management on Sept. 25 announced the completion of its environmental review of Dominion Energy Inc.’s proposed Coastal Virginia Offshore Wind Project off Virginia. The project located about 23.5 nautical miles offshore Virginia Beach, would provide up to 3 gigawatts (GW) of wind energy. The wind farm would have the capacity…...