The Infrastructure Investment and Jobs Act (IIJA), which represents the largest investment in U.S. infrastructure, includes major provisions important to the energy industry, ranging from building out the first national network of electric vehicle (EV) charging stations to modernizing the electric transmission grid and expanding clean energy.
Upgrading and expanding the U.S. electric transmission system is key to enhancing grid reliability and resilience while enabling greater integration of carbon-free resources to meet clean energy goals.
The U.S Energy Department on Feb. 24 published a comprehensive plan that details more than 60 actions to boost U.S. supply chain resiliency, stimulate domestic manufacturing capacity, and support job creation. The all-encompassing report labelled, “America’s Strategy to Secure the Supply Chain for a Robust Clean Energy Transition,” examines a number of paramount strategies to…...
The Indiana Utility Regulatory Commission on Feb. 23 approved a rate settlement agreement that will decrease the annual revenues of Indiana Michigan Power Company by 5.9 percent or $94.7 million. This will occur over two phases with the first phase effective immediately. The second phase will take effect in January 2023. The order represents a…...
The Massachusetts Department of Public Utilities on Feb. 2 approved a three-year energy efficiency plan filed by the state’s electric and gas utilities for the period of 2022-2024. The energy savings targets set forth in the plan are designed to better align the Mass Save programs with the state’s climate goals. The program has a…...
The California Independent System Operator Corp. on Feb. 1 released a 20-year transmission outlook that discusses long-term infrastructure requirements to reach the state’s target of generating 100 percent electricity from carbon-neutral sources by 2045. The draft plan is based on the assumption that about 120 gigawatts will have to be added to the grid by…...
The Maryland Energy Administration on Feb. 1 announced new funding for microgrids, robust power systems, resilient hubs, and other distributed energy resource networks to provide reasonable, consistent, and feasible energy to domestic and commercial consumers that are vulnerable to power outages. In 2021, the agency funded the Resilient Maryland and Resiliency Hub programs to create…...
The Western Energy Imbalance market generated $739 million in benefits in 2021, the highest annual benefits achieved since the market launched in 2014, according to a Jan. 31 press release from the California Independent System Operator Corporation. This brings the cumulative benefits of the real-time energy market close to the $2 billion mark. The previous…...