State utility regulators are ramping up oversight of retail electric markets, with recent actions ranging from Massachusetts resuming its review of customer protections to Maryland implementing reforms to market rules.
The New York Power Authority’s Board of Trustees on Jan. 28 approved a strategic plan to increase the state’s renewable energy capacity and support the goal of reaching 70 percent electricity generation from renewable sources by 2030. The plan identifies 37 renewable energy projects with a combined power generation capacity of over 3 gigawatts, which…...
The New Jersey Board of Public Utilities on Jan. 27 announced that it has secured more than $185 million in federal funding from the U.S. Energy Department for three energy efficiency rebate programs funded through the 2022 Inflation Reduction Act. These energy efficiency programs will particularly benefit low and moderate-income residents, as they are more…...
The U.S. Energy Department on Jan. 17 finalized a $584.5 million loan guarantee to subsidiaries of Convergent Energy and Power to fund a solar photovoltaic system with an integrated battery energy storage system and three separate battery storage projects across Puerto Rico. The initiative is part of the Biden administration’s commitment to modernize and rebuild…...
The U.S. Energy Information Administration has extended forecasts for five key energy trends through December 2026 in its latest short-term outlook, according to a report published on Jan. 15. The agency projects that these trends will have a significant impact on the energy markets over the upcoming two years. Electricity consumption is expected to increase…...
U.S. President Joe Biden on Jan. 14 issued an executive order to strengthen U.S. leadership in artificial intelligence, or AI, and accelerate the development of large-scale data centers and clean energy infrastructure needed to support AI operations efficiently and at scale. The executive order directs certain agencies to make federal sites accessible for AI data…...
The U.S. Energy Department’s National Renewable Energy Laboratory, in collaboration with the U.S. Departments of Interior, Defense and Agriculture on Jan. 15 released a study showing that there is substantial potential for further enhancing renewable energy production on federal lands. The report, named Land of Opportunity: Potential for Renewable Energy on Federal Land, finds that…...
States across the U.S. are advancing plans and procurement strategies for the expansion of energy storage deployment to meet ambitious targets. Energy storage helps…Read the full report …...