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.
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…...
The Bureau of Ocean Energy Management has identified three potential wind energy areas off the coast of Oregon that would span almost 1.4 million acres and have the potential to host around 17 gigawatts of wind capacity. The agency is now focusing on the areas with the highest potential for commercial offshore wind energy viability…...
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…...
The New Jersey Board of Public Utilities (NJBPU) on Feb. 8 announced that the state’s third solicitation for offshore wind development will be issued in January 2023 instead of September 2022. The new timeline complements the coordinated transmission solution facilitated by a joint agreement between NJ BPU and PJM Interconnection LLC. Nevertheless, solicitations 4 and…...
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…...
The first offshore wind auction held under President Joe Biden’s administration drew a record $4.37 billion in winning bids, according to a Feb. 25 press release from the Department of the Interior. The auction provisionally offered six leases covering an area of about 488,000 acres in the New York Bight, which spans the eastern tip…...