EnerKnol Research PU Visual Primer Carbon Markets 2024 12 17 Blog preview

Visual Primer: Carbon Market Developments Drive Momentum for U.S. Climate Policy

Carbon Markets, Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Environmental Markets, Integrated Resource Plans, PRODUCTS, REC Feed, Retail Power and Gas, Solar, Wind

U.S. carbon markets are experiencing a resurgence as key states reinforce their commitment to cap-and-trade systems despite hurdles. Washington's latest carbon auction saw prices rebound following voter support for its program, while a court ruling has invalidated the controversial withdrawal of Virginia from the regional carbon market. Meanwhile, progress in California, Québec, and Washington toward potential program linkage signals a move toward greater market integration, setting the stage for more robust and scalable climate solutions nationwide.

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U.S. Treasury Finalizes Investment Tax Credit Rules

Climate Change and Emissions, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Solar, Wind

The U.S. Department of the Treasury and the Internal Revenue Service have released final rules for the Section 48 Investment Tax Credit, or ITC, providing clarity and certainty for clean energy development to pursue major investments. The final rules clarify specific issues relating to offshore wind, hydrogen storage, co-located energy storage, and  geothermal heat pumps…....

New Jersey Examines Resource Adequacy Alternatives to Advance Clean Energy Goals

U.S. Agriculture Department Announces $194 Million for Economic Development and Clean Energy Projects in Rural Communities

Climate Change and Emissions, Electric Transmission, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Solar, Wind

The U.S. Department of Agriculture on Dec. 4 announced $194 million in grants and loans through its Rural Partners Network, or RPN, to fund family farms, small businesses, infrastructure and clean energy in underserved rural and tribal communities across 14 states and Puerto Rico. The projects will help these communities address immediate challenges and facilitate…...

winter

New England Grid Operator Prepared to Meet Winter Electricity Demand

Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Retail Power and Gas, Solar, Wind

ISO New England Inc. on Dec. 3 announced that the region has sufficient energy resources to meet electricity demand for the winter. The grid operator expects the region’s winter demand under normal conditions to be 20,308 megawatts (MW) and 21,089 MW under below-average temperatures. The region has a total available energy resources of just over…...

New York Begins Process for Second Offshore Wind Solicitation to Procure At Least 1,000 Megawatts

U.S. Interior Approves Construction and Operations Plan for Maryland Offshore Wind Project

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Wind

The U.S. Interior Department on Dec. 3 approved US Wind’s construction and operation plan for its proposed  Maryland Offshore Wind project. The project, situated nearly 8.7 nautical miles from the Maryland coast and around 9 nautical miles from Delaware’s Sussex County, could generate up to 2 gigawatts (GW) of clean energy and power over 700,000…...

U.S. Interior Outlines Environmental Measures for Offshore Wind Projects in the New York Bight

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Wind

BOEM issued a Record of Decision identifying environmental measures for future offshore wind development in six lease areas offshore New York and New Jersey, in the area called New York Bight. Wind projects in these areas, which span 488,000 acres, could produce up to 7 gigawatts of wind energy capable of powering up to two…...

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Washington’s Climate Act Revenues Invested Nearly $500 Million in 2023-2024 for Projects Statewide

Climate Change and Emissions, Electric Transmission, Energy Efficiency, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Retail Power and Gas, Solar, Wind

The Washington Department of Ecology released a new report detailing the distribution of $472 million of 2021 Climate Commitment Act investments among 37 state agencies. The agencies used the funds to support projects such as habitat restoration, clean energy, and energy bill assistance from Jul. 1, 2023, to Jun. 30, 2024. These projects have the…...

EnerKnol Research PU Visual Primer Winter Reliability 2024 12 03 Blog preview

U.S. Grid Operators Strengthen Winter Preparedness Amid Rising Demand and Resource Constraints

Climate Change and Emissions, Electric Transmission, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Insights, Grid Modernization, Natural Gas, Power & Utilities, PRODUCTS, REC Feed, Retail Power and Gas, Smart Grid, Solar, Wholesale Power, Wind

Heading into the winter season, grid operators and utilities across the U.S. continue to strengthen their winter readiness measures to ensure reliable…Read the full report  …...

EnerKnol Research PU Visual Primer Winter Reliability 2024 12 03 Blog preview

Visual Primer: U.S. Grid Operators Strengthen Winter Preparedness Amid Rising Demand and Resource Constraints

Climate Change and Emissions, Electric Transmission, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Grid Modernization, Natural Gas, Power & Utilities, PRODUCTS, REC Feed, Smart Grid, Solar, Wholesale Power, Wind

Heading into the winter season, grid operators and utilities across the U.S. continue to strengthen their winter readiness measures to ensure reliable electricity supplies amid rising demand and potential energy shortfalls.