The Federal Energy Regulatory Commission (FERC) on Oct. 25 issued a four-month extension of the compliance deadline for transmission providers to implement the requirements of Order No. 2023, which adopts reforms to generator interconnection procedures and agreements. The revised deadline of…Read the full report …...
Amid growing federal and state efforts to encourage advanced nuclear technologies to accomplish decarbonization goals, a recent announcement to terminate a first-of-a-kind small modular reactor (SMR) power project in the U.S. signifies the hurdles facing the industry.
President Biden has announced the release of the Fifth National Climate Assessment report, or NCA5, which evaluates changes in the climate and its impacts, as well as options to lower present and future risk. Biden also announced more than $6 billion in investments to support climate resilience including strengthening the aging power grid infrastructure, lowering…...
Strategic actions to optimize the distribution grid are imperative to meet the demands of the evolving power sector. Changing policies, climate action, and customer preferences have led to…Read the full report …...
Strategic actions to optimize the distribution grid are imperative to meet the demands of the evolving power sector. Changing policies, climate action, and customer preferences have led to the growth in distributed energy resources and demand-side opportunities, prompting regulators and utilities to explore robust grid planning approaches that accommodate the growth and meet increased demand from electrification.
Even as the offshore wind industry is seeking to scale up, economic challenges cast shadow on future development. Inflation and supply chain disruptions have resulted in some major developers seeking to exit or revise their power purchase contracts. A recent announcement to cancel…Read the full report …...
Even as the offshore wind industry is seeking to scale up, economic challenges cast shadow on future development. Inflation and supply chain disruptions have resulted in some major developers seeking to exit or revise their power purchase contracts. A recent announcement to cancel two large projects off New Jersey has dealt a setback to the industry, reflecting the deepening financial challenges of the sector.
The U.S. Department of Agriculture’s Forest Service on Nov. 3 issued a proposed rule that would enable the agency to consider carbon capture and sequestration projects on national forests and grasslands. This move aims to align the regulatory structure with the U.S. Department of Interior’s Bureau of Land Management and meet President Biden’s ambitious goal…...
The Bureau of Ocean Energy Management on Oct. 31 announced its approval of the fifth commercial-scale, offshore wind energy project in the U.S., the Coastal Virginia Offshore Wind project, located about 23.5 nautical miles offshore Virginia Beach. The project, expected to add 2,600 megawatts (MW) of clean energy to the grid, would be capable of…...