PSEG Plans to Sell Nearly 6.8 Gigawatts of Fossil Fuel Power Plants, Retain Nuclear Generation

Public Service Enterprise Group is exploring alternatives to 6,750 megawatts of fossil generation in New Jersey, Connecticut, New York and Maryland, and its 467-megawatt Solar Source portfolio across 14 states, according to a July 31 press release. The New Jersey utility intends to retain its existing nuclear fleet, in order to help New Jersey achieve...

New Mexico Regulators Approve Solar, Battery Projects to Replace San Juan Coal Capacity

The New Mexico Public Regulation Commission on July 29 approved a portfolio of renewable energy projects, including 650 megawatts of solar and 300 megawatts of battery storage, to replace the retiring capacity of the coal-fired San Juan Generating Station. Investment in the resources could total about $1 billion. The commission found that the plan is...

U.S. Development Bank Ends Ban on Financing Nuclear Power Projects

The U.S. International Development Finance Corporation updated its nuclear energy policy to end a ban on financing nuclear projects, according to a July 23 news release. The agency said that the policy change recognizes the energy needs of developing nations, as well as novel technologies such as modular reactors and microreactors that could be impactful...

New York Launches Largest Renewable Energy Solicitation for Up To 4 Gigawatts of Capacity

New York Governor Andrew Cuomo, a Democrat, on July 21 announced solicitations seeking up to 4 gigawatts of renewable capacity, including 2.5 gigawatts of offshore wind and 1.5 gigawatts of land-based large-scale projects. In addition, a solicitation for $400 million in multi-port investment requires offshore wind generators to collaborate with any of the 11 prequalified...

U.S. Energy Department Invests $118 Million to Advance Clean Coal Technologies

The U.S. Energy Department announced funding for cost-shared projects focused on developing the critical components required under its Coal FIRST initiative, according to a July 17 news release. The department selected seven projects to share the $37 million federal funding and released a new funding opportunity announcement for $81 million. The initiative aims to develop...

NYSERDA Announces Strategic Partnership to Mitigate COVID Spread While Advancing Climate Goals

The New York State Energy Research and Development Authority on July 8 announced it has entered into a partnership with the American Society of Heating, Refrigerating and Air Conditioning Engineers to improve indoor quality in the post-COVID-19 environment to mitigate the risk on public health. The initiative also plans to advance building electrification and energy...

Pennsylvania House Passes Bill That Would Restrain Participation in Regional Carbon Market

The Pennsylvania House of Representatives on July 8 voted in favor of a bill that would require legislative approval before the state can impose a carbon tax or join a multi-state carbon-trading program. The Department of Environmental Protection is currently in the process of drafting regulations to allow the state to join the Regional Greenhouse Gas...

EnerKnol Carbon Policy Tracking Table Q2 2020

Measures to tackle greenhouse gas emissions have long been a political lightning rod, but mechanisms like carbon pricing are coming up more regularly in legislative sessions and evolving to play a key role in the shift to a low-carbon economy. Keep on top of the latest carbon policy changes by accessing EnerKnol’s Quarterly Carbon Policy...

U.S. Energy Department Plans to Invest Over $120 Million to Facilitate Coal Products Innovation

The U.S. Energy Department on June 26 announced a plan to invest $122 million in building coal products innovation centers through a competitive process in multiple coal producing basins. The move aims to sustain the domestic supply chain of carbon ore, rare earths and critical minerals, and produce value-added and innovative coal products to the...

California Adopts Zero-Emission Truck Rule to Advance Climate Goals

The California Air Resources Board on June 25 adopted a rule requiring a transition from diesel trucks and vans to electric trucks from 2024. The first-in-the nation standard requires all trucks sold in California to be zero emission by 2045. The rule will advance the state’s goal of reducing greenhouse gas emissions by 40 percent...

FERC to Examine Carbon Pricing in Wholesale Power Markets

The Federal Energy Regulatory Commission will convene a technical conference in September to consider state adoption of mechanisms to price carbon emissions in regions with commission-jurisdictional wholesale power markets, according to a June 24 notice. State-level activity on emission-trading programs and carbon pricing has been on the rise as more jurisdictions embrace policy goals to...

Nevada Proposes Vehicle Emission Standards to Advance Sustainability Goals

Democratic Governor Steve Sisolak on June 22 announced the Clean Cars Nevada initiative to consider the adoption of low- and zero-emission standards for light-duty vehicles. The program will help advance the state’s goal of reducing emissions by 28 percent by 2025 and 45 percent by 2030 relative to 2005 levels. Nevada would join 14 other...