The California Air Resources Board on Nov.16 unveiled the policies and actions the state proposes to implement, in order to reduce its dependence on fossil fuels and become carbon neutral by 2045 or earlier. The revised proposal follows Governor Newsom’s plea for more impactful climate actions and is innovative in both scale and scope. The…...
Ambitious clean energy and reliability goals continue to drive grid modernization efforts ranging from proposed rules to encourage utility investments in cybersecurity to a $10.5 billion initiative to enhance grid resilience.
The U.S. Interior Department has announced the second-highest disbursement, amounting to $21.53 billion, in energy revenues in fiscal year 2022. The disbursement includes the largest revenue from renewable energy initiatives on federal lands and waters including a record $4.37 billion from the New York Bight offshore wind lease sale. Since 1983, the above payout is…...
The U.S. Energy Department on Nov. 1 announced new funding opportunities to facilitate clean energy deployment on tribal lands and power unelectrified tribal buildings. The financing will encourage tribal energy and economic expansion by assisting local populations to take advantage of the benefits associated with clean energy deployment. The funding adds to investments made by…...
The International Energy Agency (IEA) on Oct. 27 released the World Energy Outlook 2022, which covers a variety of topics which range from causes of the energy crisis, the roadmap to net zero emissions, energy security, and the outlook for demand. Russia’s invasion of Ukraine initiated the globe’s first energy crisis and has led to…...
The Michigan Public Service Commission on Oct. 27 authorised two orders implementing revised planning parameters and filing obligations for integrated resource plans, or IRPs, the long term proposals of regulated electric utilities for delivering power that are mandatory of the state’s regulated electric utilities. IRPs outline an electric utility’s long-term projections for certifying consistent service…...
The New England region relies on imported liquefied natural gas (LNG) in the winter to meet natural gas demand due to an inadequate gas pipeline network. The reliance on imports is increasingly fraught as the region competes in the global market where high and volatile prices pose supply risk and pricing uncertainty.
The U.S. Department of Interior on Oct. 18 announced that the Bureau of Ocean Energy Management will hold an offshore wind energy lease sale on Dec. 6, 2022, for regions on the Outer Continental Shelf off central and northern California. The sale is expected to play a key role in helping the Biden administration reach…...