States with big offshore wind ambitions are planning new strategies to recover the industry from economic challenges that have resulted in some major developers seeking to exit or revise their…Read the full report …...
States with big offshore wind ambitions are planning new strategies to recover the industry from economic challenges that have resulted in some major developers seeking to exit or revise their power purchase contracts.
To address the escalating demand on the power grid due to the rise in electric vehicle (EV) charging, electric utilities are compelled to develop rate structures that encourage EV owners to charge during off-peak hours, thereby aiding utilities in managing the…Read the full report …...
The Delaware Natural Resources and Environmental Control Department on Jan. 3 submitted an offshore wind procurement report to Governor John Carney and state lawmakers which comprehensively examines the dynamic landscape of the offshore wind industry and identifies factors to consider in developing an offshore wind program. Further, the report discusses key developments that will impact…...
The U.S. Energy Department on Jan. 2 announced its decision to award credits for the continued operation of the 2.2-gigawatt Diablo Canyon nuclear plant in California under the $6 billion Civil Nuclear Credit, or CNC, program established by the 2021 Infrastructure Investment and Jobs Act to support nuclear power plants at risk of closure due…...
The commitment to a low-carbon future is growing stronger, with states and utilities diversifying their energy transition strategies. There is a growing awareness of the magnitude of the transition including the scale of grid modernization, supply chain challenges, and economic realities as renewable resources and decarbonization technologies expand. Supportive policies and technological advancements are key…...
The U.S. Energy Department on Dec. 18 announced a pioneering initiative, earmarking up to $530 million in competitive grants for technical assistance that not only aims to foster a skilled workforce and inclusive programs aligned with President Biden’s Justice40 Initiative but also seeks to expedite energy efficiency projects for the decarbonization of buildings. This initiative…...