States across the U.S. are increasingly embracing energy storage solutions to complement their clean energy initiatives. The growing share of renewables continues to drive the… Read the full report …...
States across the U.S. are increasingly embracing energy storage solutions to complement their clean energy initiatives. The growing share of renewables continues to drive the expansion of battery storage technologies, which can help integrate intermittent resources into the grid. U.S. battery storage capacity is projected to double this year, with planned additions of 14.3 gigawatts (GW), according to the U.S. Energy Information Administration.
There is a growing focus on enhancing oversight, transparency, and stakeholder engagement in the integrated resource planning process for electric utilities across various states. The pursuit for a low-carbon future is driving the need for innovative policy initiatives to maximize renewable energy utilization and maintain grid reliability. Integrated resource plans (IRPs) that utilities file with state commissions identify the optimal mix of resources required to serve customers over a long-term planning horizon.
President Joe Biden’s budget proposal for fiscal year 2025 includes $51 billion in discretionary funds for the U.S. Energy Department, a 7.5 percent increase from the 2023 level. The proposal reinforces the administration’s commitment to tackle climate, energy, environmental, and nuclear security challenges. With a focus on combating climate change and promoting economic growth, the…
The Biden administration has made significant strides in climate change action, particularly through the enactment of the Inflation Reduction Act of 2022 (IRA), which represents the single largest investment in climate and energy in the U.S. Actions to further the administration’s climate agenda include…Read the full report …...
