Week Ahead: Dominion’s 2.6 GW Offshore Wind Project, NY Advances Climate Plans, California’s Carbon Auction
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The swift advancement of sophisticated cyber threats alongside the increase in advanced energy system control technologies has called for stronger measures to secure critical infrastructure and energy sector resilience.
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The increasing focus on reducing carbon dioxide (CO2) and other greenhouse gas emissions to achieve climate goals has drawn renewed attention to the deployment of carbon capture, utilization, and storage (CCUS) technologies. Federal investments in carbon management through the 2021 Infrastructure Investment and Jobs Act (IIJA) have provided a near-term opportunity to scale commercial carbon capture projects.
Wisconsin Governor Tony Evers, a Democrat, unveiled a roadmap for transitioning the state to 100 percent carbon-free electricity by the middle of the century, including a potential clean energy standard. The Clean Energy Plan, which is in response to a 2019 executive order, highlights four major pathways to a carbon-free future: accelerating clean energy technology…...
Florida Governor Ron DeSantis, a Republican, vetoed legislation on April 27 that would have phased down compensation for customer generators under the state’s net metering program and allowed utilities to impose new charges on those customers to recover their alleged underpayment of grid maintenance costs. DeSantis said that the new charges, designed to recover lost…...
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Energy storage is evolving to be an essential part of the energy transition given its ability to provide power on demand and optimize grid performance amid the proliferation of intermittent renewable energy resources.
U.S. carbon markets drew strong participation in recent auctions reflecting potentially higher demand for carbon allowances in anticipation of more stringent federal and state climate policies. Washington is advancing a new cap-and-invest program, while Vermont is examining options for a similar initiative to cut transportation sector emissions.
The New York State Public Service Commission on April 14 approved the New York State Energy Research and Development Authority’s contracts for two transmission projects: Clean Path New York LLC’s Clean Path NY and H.Q. Energy Services (U.S.) Inc.’s Champlain Hudson Power Express. The projects will deliver solar, wind, and hydroelectric power from upstate New…...
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