Massachusetts Governor Maura Healey on Nov. 20 signed into law the Mass Leads Act, which provides $400 million in capital resources over the next decade to drive progress in the offshore wind sector and to foster innovation, manufacturing, and deployment of climatetech solutions. The bill aims to spur Massachusetts’ economic growth by investing almost $4…...
The U.S. Interior Department has released a new analysis report that estimates that investments from the 2021 Infrastructure Investment and Jobs Act, or IIJA, contributed to over $3.3 billion to the U.S. during the fiscal year 2024. Moreover, the law has provided over 28,000 employment opportunities. The IIJA, which represents the largest investment in U.S…....
The U.S. Energy Department has announced the tenth tranche of award beneficiaries through the Energy Efficiency and Conservation Block Grant, or EECBG, program. The program will allocate over $17.7 million to 61 local and territorial governments to enhance energy efficiency, lower climate pollution, and reduce overall energy usage. The program, supported by the 2021 Infrastructure…...
The New York Independent System Operator on Nov. 13 confirmed that the state has adequate supplies to meet the forecasted electricity demand this winter. The grid operator’s 2024-2025 annual assessment revealed that the state has 29,514 megawatts (MW) of power resources, which is more than sufficient to meet a forecasted peak demand of 23,800 MW…....
The Bureau of Ocean Energy Management on Nov. 8 announced the completion of the environmental review for the SouthCoast offshore wind project. Once operational, the wind farm could have a power generation capacity of 2.4 gigawatts, sufficient to supply over 800,000 households. The SouthCoast offshore wind lease area spans around 127,388 acres and is approximately…...
Transmission planning across the U.S. is adapting to meet rising energy demands, necessitating coordinated efforts to strengthen and expand infrastructure. Beyond supporting renewable integration and enhancing resilience, transmission expansion is becoming…Read the full report …...
The U.S. Interior Department on Nov. 7 announced over $140 million in funding for fiscal year 2024 to tackle polluting and abandoned mine lands, or AML, and spur economic development in coal communities across West Virginia. With this, more than $492 million in fiscal year 2024 awards have been allocated nationwide. Additional funding will be…...
The National Renewable Energy Laboratory (NREL) will provide technical guidance to three projects the U.S. Energy Department selected for its Distributed Energy Systems Demonstrations Program, according to a Nov. 6 press release. In September 2023, the department launched a $50 million funding opportunity for three projects to deploy distributed energy resource management systems, or DERMS…....
The North Carolina Utilities Commission on Nov. 1 approved Duke Energy’s Carolinas Resource Plan, which includes the utility’s energy resource portfolio and carbon emissions targets. The plan approved development work on Duke Energy’s major renewable energy projects along with associated costs and extended the deadline for achieving a 70 percent carbon reduction from 2030 to…...
The Oregon Department of Energy on Nov. 1 released its Biennial Energy Report providing the latest energy outlook for the state with statistics on energy consumption, production, and greenhouse gas emissions. The report revealed that Oregon spent a total of $19.5 billion on energy use in 2022, which is a 60 percent jump from 2020…...