The U.S. Energy Department announced up to $127.5 million in funding to support carbon capture, removal, and conversion test centers. The department plans to make up to 10 awards with 20-30 percent cost-sharing from awardees. The funding will support test centers at cement manufacturing facilities and power plants facilitating cost-effective research and evaluation of these…...
U.S. power plant operators and developers added 20.2 gigawatts (GW) of utility scale power generating capability during the first six months of 2024, according to an Aug. 19 report published by the U.S. Energy Information Administration. The new capacity is 21 percent or 3.6 GW higher than capacity added during a similar period in 2023…....
The rapid surge in power demand from data centers has prompted calls for additional capacity to maintain grid reliability. Unlike “electrify everything” initiatives, such as…Read the full report …...
The rapid surge in power demand from data centers has prompted calls for additional capacity to maintain grid reliability. Unlike “electrify everything” initiatives, such as transportation electrification, which are part of broader policy goals and planned through regulatory proceedings, large loads like data centers have emerged unexpectedly.
U.S. wind generation hit a record high during April 2024, according to a Aug. 13 report published by the U.S. Energy Information Administration. In addition, electricity produced as a result of wind generation surpassed coal fired production during both March and April 2024. Prior to this, U.S. wind generation surpassed coal-fired generation for the first…...
PJM Interconnection LLC’s capacity market auction for the 2025/2026 delivery year cleared at $269.92 per megawatt-day (MW-day), about nine times the clearing price in the last auction. The significantly higher prices resulted from…Read the full report…...
The Minnesota Public Utilities Commission on Aug. 9 granted approval for Xcel Energy Inc.’s updated Resilient Minneapolis Project aimed to bolster resilience in disadvantaged communities. Initially approved in 2022, the purpose of the project is to deploy rooftop solar, battery storage, and microgrid controls at the Minneapolis American Indian Center, Sabathani Community Center, as well…...
The Minnesota Pollution Control Agency on Aug. 8 released a detailed report highlighting the state’s progress in advancing its Climate Action Framework. Among other things, the report highlights that in 2023 and 2024, the state legislature passed over $1 billion in funding to transition to clean energy, to reduce emissions, and to prepare communities for…...
PJM Interconnection LLC’s capacity market auction for the 2025/2026 delivery year cleared at $269.92 per megawatt-day (MW-day), about nine times the clearing price in the last auction. The significantly higher prices resulted from a reduced electricity supply, mainly due to numerous generator retirements, coupled with rising demand and the implementation of market reforms, according to PJM, which operates across 13 states and the District of Columbia.
The U.S. Energy Department’s Loan Programs Office on Aug. 8 announced a conditional loan guarantee commitment of up to $1.45 billion to QCells, a crystalline silicon solar manufacturer, to support a solar supply chain facility in Cartersville, Georgia. The facility would be capable of producing 3.3 gigawatts (GW) of solar panels annually, which has the…...
The U.S. Treasury Department on Aug. 7 reported that over 3.4 million U.S. consumers benefited from $8.4 billion in tax credits to reduce the costs of clean energy and energy efficiency enhancements to their households during 2023. This is the first public release of data from 2023 tax filing displaying the benefit of clean energy…...
