Week Ahead: EPA’s Environmental Justice Initiative, WA’s Carbon Program, TVA Discusses Nuclear Plant License Renewals
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Recent developments around grid modernization strive to enable greater adoption of clean energy resources while ensuring a more resilient and responsive grid.
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Stringent climate policies have prompted discussions around comprehensive cap-and-invest programs to address emissions across multiple sectors. Several U.S. states have devised bold climate action plans that call for transformations across industry, energy, and transportation sectors.
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State regulators in the U.S. are tightening regulations governing competitive retail electricity markets, as they closely examine supply offers to determine if they are fairly priced, offer intended benefits of competition, and support clean energy goals.
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Recent long-term resource plans of several electric utilities include accelerated timelines to develop renewables or retire coal-generation fleet, reflecting the impact of policy changes ensuing from 2022 Inflation Reduction Act (IRA). The IRA includes provisions to support the transition of the U.S. electricity generation fleet to cleaner energy sources and lower carbon emissions.
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