Week Ahead: WI’s Resource Adequacy Review, MI Examines Electric Distribution Plans, CA’s Gas Research Initiative
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Supportive Policies and Technological Advancements Catalyze Grid-Scale Energy Storage
As renewables continue to grow in the move towards a low-carbon future, energy storage is critical to mitigate the variability of wind and solar resources and enhance reliability and resiliency of the electric grid. Federal and state actions continue to facilitate the adoption of storage as a key solution…Read the full report …...
Delaware Environmental Agency Recommends Legislation for Offshore Wind Procurement
The Delaware Natural Resources and Environmental Control Department on Jan. 3 submitted an offshore wind procurement report to Governor John Carney and state lawmakers which comprehensively examines the dynamic landscape of the offshore wind industry and identifies factors to consider in developing an offshore wind program. Further, the report discusses key developments that will impact…...
Year Ahead: Five Must-Watch Power Sector Trends for 2024
The commitment to a low-carbon future is growing stronger, with states and utilities diversifying their energy transition strategies. There is a growing awareness of the magnitude of the transition including the scale of grid modernization, supply chain challenges, and economic realities as renewable resources and decarbonization technologies expand. Supportive policies and technological advancements are key…...
U.S. Renewable and Clean Energy Standards 2023 Update
State renewable portfolio standards (RPS) are a key driver behind the torrid expansion of wind and solar generation across the U.S. RPS requires electricity suppliers to obtain a certain percentage of their retail sales from eligible renewable resources, with targets set to increase annually. In recent years, states have expanded their RPS programs to create…
U.S. Interior Initiates Environmental Review for Wind Development Offshore California
The Bureau of Ocean Energy Management on Dec. 19 announced a proactive step in supporting the Biden-Harris administration’s renewable energy objectives by initiating a regional environmental review for potential development on five offshore wind lease areas off California’s central and north coasts. A wind energy auction for the five leases held last December drew competitive…...
Growing Role of Carbon Markets in the Drive to Attain Net-Zero Emissions
Discussions around carbon markets reflect the growing emphasis on collaborative efforts to advance climate solutions. Despite gaining prominence as an efficient market-based solution to reduce emissions, carbon trading initiatives face obstacles due to concerns of…Read the full report …...
Visual Primer: Growing Role of Carbon Markets in the Drive to Attain Net-Zero Emissions
Discussions around carbon markets reflect the growing emphasis on collaborative efforts to advance climate solutions. Despite gaining prominence as an efficient market-based solution to reduce emissions, carbon trading initiatives face obstacles due to concerns of higher energy prices.