The buildout of the nascent clean hydrogen industry hinges on regulations to implement the clean hydrogen production tax credit considered critical for projects to advance, alongside progress on regional clean hydrogen hubs that will serve as the foundation for a national hydrogen network.
The push to expand energy storage capacity reflects the drive for more resilient and flexible energy systems to support the shift to clean energy. The U.S. Energy Information Administration (EIA) anticipates significant growth in…Read the full report …...
The push to expand energy storage capacity reflects the drive for more resilient and flexible energy systems to support the shift to clean energy. The U.S. Energy Information Administration (EIA) anticipates significant growth in energy storage with nearly 36 gigawatts (GW) added by the end of 2028 based on plans reported by utilities. At the end of 2023, U.S. electric utilities reported operating about 15.8 GW of battery storage capacity.
The Minnesota Public Utilities Commission on Sept. 13 established a final gas integrated resource planning framework for three major gas utility companies in the state: Xcel Energy, CenterPoint Energy, and Minnesota Energy Resources Corp. The commission’s directive on gas resource planning will ensure that residents have a stable and affordable gas supply during uncertainty or…...
Recent developments in U.S. carbon markets highlight a changing landscape marked by fluctuating auction prices, new initiatives, and…Read the full report …...
Recent developments in U.S. carbon markets highlight a changing landscape marked by fluctuating auction prices, new initiatives, and regulatory reviews.
Amid ongoing improvements to interconnection processes across the U.S., current queue backlogs and the rapid increase in new resources seeking to connect to the grid are driving innovative solutions.
The rapid surge in power demand from data centers has prompted calls for additional capacity to maintain grid reliability. Unlike “electrify everything” initiatives, such as transportation electrification, which are part of broader policy goals and planned through regulatory proceedings, large loads like data centers have emerged unexpectedly.
PJM Interconnection LLC’s capacity market auction for the 2025/2026 delivery year cleared at $269.92 per megawatt-day (MW-day), about nine times the clearing price in the last auction. The significantly higher prices resulted from…Read the full report…...
PJM Interconnection LLC’s capacity market auction for the 2025/2026 delivery year cleared at $269.92 per megawatt-day (MW-day), about nine times the clearing price in the last auction. The significantly higher prices resulted from a reduced electricity supply, mainly due to numerous generator retirements, coupled with rising demand and the implementation of market reforms, according to PJM, which operates across 13 states and the District of Columbia.
A growing number of utility regulators across U.S. states are reviewing natural gas planning strategies to consider the effects of decarbonization and electrification policies on the gas system. Amid shifting policy and changing market conditions, regulators are exploring…Read the full report …...
