Across the U.S., policy makers, regulators, and utilities are increasingly viewing energy storage as imperative to enable a transition to greater use of renewable energy, electrify buildings and transportation, and enhance grid reliability.
The U.S. Energy Department on Aug. 30 released a request for information on a $10.5 billion Grid Resilience and Innovation Partnership Program. The funding, backed by the 2021 Infrastructure Investment and Jobs Act, spans a five-year period from fiscal years 2022 through 2026 to prevent outages and enhance the resilience of the electric grid, deploy…...
Federal and state actions to boost distributed solar show the growing interest in harnessing the technology to achieve broader policy goals.
The U.S. offshore wind industry is growing stronger, spurred by expansion into new leasing areas to support the national goal of 30 gigawatts (GW) by 2030 and ambitious state-level commitments.
The New Jersey Board of Public Utilities on Aug. 18 accepted a cost impact study, assessing how the state’s transition to renewable energy will affect utility rates under the Energy Master Plan, or EMP. The study found that most ratepayers would be able to reduce their energy bills by electrifying buildings and transportation and lowering…...
The Southwest Power Pool Inc. (SPP), the grid operator for 17 states in the central and western U.S., on Aug. 16, 2022, announced that its “Market+” service offering designed to provide hurdle-free transmission service and facilitate reliable integration of fast-growing renewable resources, has gained the attention of customers in the Western Interconnection. The service, which…...
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…...