U.S. power generation from renewables will expand from 21 percent in 2021 to 44 percent in 2050, according to a March 18 report from the U.S. Energy Information Administration. The growth in renewable energy can be attributed to a rise in new wind and solar power generation assets. Growth in wind and solar assets is…...
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.
The Florida legislature on March 7 approved a utility-backed bill that would phase down compensation for surplus power sent back to the grid by home solar customers by 50 percent from 2024 through 2028, and decrease further to the avoided cost rate by 2029. The bill would allow utilities to impose new charges on those…...
Commonwealth Edison Company filed a $1.7 billion plan with the Illinois Commerce Commission to expand initiatives for energy efficiency and low-income assistance from 2022-2025, according to a March 2 news release. The four-year plan updates the energy efficiency plan that the commission approved in 2021 to reflect changes enabled by the state’s new clean energy…...
Avista Utilities and Tacoma Power on March 2 began their participation in the Western Energy Imbalance Market (WEIM) operated by the California Independent System Operator Corp. The two utilities serve a combined 600,00 electric customers in the Pacific Northwest. The enrollment expands the utilities’ ability to incorporate additional renewable energy while continuing to meet the…...
Oil and natural gas will remain the dominant sources of energy in the U.S. through 2050, according to the Energy Information Administration’s 2022 annual energy outlook released on March 3. U.S. petroleum consumption is expected to grow by 0.5 percent per year to 22.3 million barrels per day by 2050 and domestic gas consumption by…...
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…...
In 2020, 34.5 percent of California’s retail electricity sales were served by renewable energy resources, such as solar and wind that qualify for the state’s Renewables Portfolio Standard (RPS), according to a Feb. 22 report from the California Energy Commission. This is above the state’s 2020 RPS goal of 33 percent, a mark which California…...
