Week Ahead: NY’s Fourth Offshore Wind Solicitation, PA Discusses EV Rate Design, CA’s Grid Support Program
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Electric Vehicle Rate Design Aims to Align Charging With Grid Demand
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 …...
Delaware Environmental Agency Recommends Legislation for Offshore Wind Procurement
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…...
U.S. Energy Department Approves Credits for Diablo Canyon Nuclear Plant Under $6 Billion Federal Program
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…...
Year Ahead: Five Must-Watch Power Sector Trends for 2024
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…...
U.S. Energy Department Allocates $530 Million to Advance Sustainable Building Transformation
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…...
Winter Reliability Challenges Persist Amid Efforts to Strengthen U.S. Grid Against Extreme Weather
Grid operators and utilities across the U.S. have enhanced their winter preparation initiatives building on lessons learned from winter storms Uri and Elliott. Higher-than-average temperatures in the northern half of the U.S. are expected to…Read the full report …...
Visual Primer: Winter Reliability Challenges Persist Amid Efforts to Strengthen U.S. Grid Against Extreme Weather
Grid operators and utilities across the U.S. have enhanced their winter preparation initiatives building on lessons learned from winter storms Uri and Elliott. Higher-than-average temperatures in the northern half of the U.S. are expected to lower electricity and natural gas demand, and all regions are projected to have adequate resources for a normal winter. However, extreme weather, such as a prolonged cold snap, continues to pose reliability risks to the grid.