Potomac Electric Power Unveils $15 Million Electric Vehicle Program for DC Customers

U.S. EPA Announces Over $735 Million Funding for Zero-Emission Heavy-Duty Vehicles

The U.S. Environmental Protection Agency on Dec. 11 announced over $735 million in funding through its first Clean Heavy-Duty Vehicles Grant Program to deploy over 2,400 heavy-duty zero-emission vehicles (ZEVs) across several states and Tribal Nations. The agency made 70 tentative selections, covering nearly 30 states and three tribal nations to receive funding for heavy-duty…...

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

U.S. Energy Department Selects Six Companies to Procure Domestic Low-Enriched Uranium

The U.S. Energy Department on Dec. 10 announced the selection of six  companies to procure domestic Low-Enriched Uranium or LEU. The department will sign contracts with American Centrifuge Operating LLC, General Matter Inc., Global Laser Enrichment LLC, Louisiana Energy Services LLC, Laser Isotope Separation Technologies Inc., and Orano Federal Services LLC. The minimum value of…...

U.S. Agriculture Department Announces $100 Million to Expand Biofuel Availability

U.S. Energy Department Announces $52 Million to Support Clean Energy Bioeconomy

The U.S. Energy Department on Dec. 10 announced $52 million in funding for six university and industry projects to develop purpose-grown energy crops with low carbon intensity intended for biofuels like Sustainable Aviation Fuel, or SAF, and other bioproducts. These initiatives will bolster the domestic supply chain of alternative carbon sources vital for producing biofuels…...

U.S. Energy Department Announces $225 Million Program to Encourage Adoption of Efficient Building Codes

U.S. Energy Department Announces Conditional Commitment of Over $300 Million to Thermal Energy Storage Company

The U.S. Energy Department on Dec. 9 announced a conditional commitment for a loan guarantee of up to $305.54 million for Nostromo Energy’s Project IceBrick, which involves thermal energy storage installations at commercial buildings in California. During its lifetime, the project could help California’s commercial buildings avoid around 500,000 tonnes of carbon emissions. Once operating…...

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U.S. Treasury Finalizes Investment Tax Credit Rules

The U.S. Department of the Treasury and the Internal Revenue Service have released final rules for the Section 48 Investment Tax Credit, or ITC, providing clarity and certainty for clean energy development to pursue major investments. The final rules clarify specific issues relating to offshore wind, hydrogen storage, co-located energy storage, and  geothermal heat pumps…....

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RGGI Carbon Auction Prices Fall by 22 Percent

The 66th quarterly carbon auction of the Regional Greenhouse Gas Initiative, or RGGI, the nation’s first market-based emissions regulation program, sold nearly 16 million CO2 allowances at a clearing price of $20.05, according to results released on Dec. 6. The auction generated nearly $320 million bringing total proceeds to about $8.6 billion. The latest clearing…...

EnerKnol Research PU Visual Primer Distributed Solar 2024 12 10 Blog preview

Visual Primer: U.S. States Ramp Up Efforts to Modernize Distributed Solar Programs

States across the U.S. are taking significant steps to improve distributed solar programs. These initiatives aim to ease access, streamline operations, and address customer needs while supporting broader clean energy goals.

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District of Columbia Initiates Integrated Distribution System Planning Proceeding for Electric Utilities

The District of Columbia Public Service Commission on Dec. 4 launched a proceeding to initiate an Integrated Distribution System Planning, or IDSP, process to proactively prepare the electric grid to support the demands of the clean energy transition and integrate distributed energy resources such as solar power and energy storage. The commission issued a draft…...

New Jersey Examines Resource Adequacy Alternatives to Advance Clean Energy Goals

U.S. Agriculture Department Announces $194 Million for Economic Development and Clean Energy Projects in Rural Communities

The U.S. Department of Agriculture on Dec. 4 announced $194 million in grants and loans through its Rural Partners Network, or RPN, to fund family farms, small businesses, infrastructure and clean energy in underserved rural and tribal communities across 14 states and Puerto Rico. The projects will help these communities address immediate challenges and facilitate…...

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U.S. Energy Department Closes $303.5 Million Loan Guarantee to Eos Energy Enterprises to Develop Long-Duration Batteries

The U.S. Energy Department on Dec. 3 announced the closing of a $303.5 million loan guarantee to EoS Energy Enterprises to fund the construction of two innovative and efficient production lines that will be capable of producing enough stationary batteries to fulfil the yearly electricity requirements of around 130,000 households. The financing will help Eos…...