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…...
In 2020, 34.5 percent of California’s retail electricity sales were served by renewable energy resources, such as solar and wind that qualify for the state’s Renewables Portfolio Standard (RPS), according to a Feb. 22 report from the California Energy Commission. This is above the state’s 2020 RPS goal of 33 percent, a mark which California…...
Utility-scale wind turbines accounted for more than three-quarters of the 4.2 gigawatts of Michigan’s renewable energy capacity in 2021, according to the Michigan Public Service Commission Feb. 15 report on the implementation of the state’s renewable energy standard. The agency also issued a report on energy waste reduction, or EWR, program, which revealed that the…
The U.S. Energy Department on Feb. 14 announced a $175 million funding for 68 research and development projects to foster the commercial deployment of advanced technologies including fusion energy, electric vehicles, and offshore wind. The initiative is led by the Advanced Research Projects Agency-Energy (ARPA-E) wherein the OPEN 2021 program will prioritize funding to support…...
The California Public Utilities Commission on Feb. 10 approved an integrated resource plan to ensure the reliability of the electric grid and reduce greenhouse gas emissions. The agency adopted an emissions reduction goal for the state’s electric sector of 35 million metric tons in 2032, nearly 25 percent lower than the previous target of 46…...