The deployment of carbon capture, utilization and storage (CCUS) technologies is expected to increase in the U.S., driven by federal and state initiatives to meet emissions reduction targets. Supportive policies, including $12 billion in funding from the…Read the full report …...
The deployment of carbon capture, utilization and storage (CCUS) technologies is expected to increase in the U.S., driven by federal and state initiatives to meet emissions reduction targets. Supportive policies, including $12 billion in funding from the Infrastructure Investment and Jobs Act (IIJA) of 2021 and enhanced tax credits under the Inflation Reduction Act (IRA) of 2022, are driving carbon capture projects across the U.S. Initiatives to expand carbon dioxide (CO2) pipelines to connect to sequestration sites have also gained momentum.
The U.S. Interior Department on July 19 announced the allocation of $120 million in funding as part of President Biden’s Investing in America agenda, forming a part of a larger $440 million investment for Tribal climate resilience programs. The funding aims to assist Tribal communities in combating severe climate-related environmental challenges in their homelands through…...
The combined wind and solar generation capacity in Texas is projected to double by 2035, leading to a significant growth of renewables in the total generation mix, according to a July 13 report from the U.S. Energy Information Administration. The growth in renewable generation is in line with the state’s objectives. In 2005, the state…...
The U.S. Energy Department has announced $72 million to small-scale businesses for scientific projects related to clean energy and climate change. In total, 296 projects will receive funding across 44 states encompassing a wide range of focus areas, including renewable energy, nuclear energy, cybersecurity, advanced materials and manufacturing, microelectronics, and artificial intelligence. This investment will…...
The U.S. Interior Department on July 5 approved the construction and operations of Ørsted’s 1.1-gigawatt Ocean Wind 1 project off New Jersey, the third commercial-scale offshore wind project in the U.S. The project would be capable of supplying over 380,000 homes and is expected to create more than 3,000 jobs through the development phase and…...
As competitive electric suppliers expand their product and service offerings, state lawmakers and utility commissions across the U.S. continue to explore actions to improve oversight.
Several states across the U.S. are revisiting utility resource planning processes to account for changing policy developments and demand projections while also considering long-term affordability and reliability to build a more resilient grid.