EnerKnol Research PU Visual Primer Hydrogen 2024 10 08 Blog preview

Visual Primer: Tax Credits and Regional Hubs Pave the Way for Clean Hydrogen Industry Growth

The buildout of the nascent clean hydrogen industry hinges on regulations to implement the clean hydrogen production tax credit considered critical for projects to advance, alongside progress on regional clean hydrogen hubs that will serve as the foundation for a national hydrogen network.

U.S. Energy Department Announces $1.5 Billion for Transmission Projects, Enabling 7.1 Gigawatts of Capacity

The U.S. Energy Department, on Oct. 3, announced $1.5 billion for four transmission projects that will improve grid reliability and resilience and support the development of 7.1 gigawatts (GW) of new capacity across six states. The department also released its final National Transmission Planning Study, which finds that expansion of the transmission system throughout the…...

ComEd Unveils $1.7 Billion Energy Efficiency Plan for Illinois Customers

California Climate Credit to Provide $800 Million in Electric Bill Savings for Over 11.5 Million Households

The California Public Utilities Commission announced on Oct. 3 that over 11.5 million residents will receive reductions in their October electric bills through the California Climate Credit. In total, California will pay over $800 million for residents and $82 million for small businesses. The credit is funded by proceeds from the Cap-and-Trade program, which establishes…...

utility scale solar eia

Solar to Account for Nearly Two-Thirds of New U.S. Electricity Generating Capacity: EIA

Utility-Scale U.S. solar electricity generation averaged 63.1 gigawatthours between 10am and 6pm each day in the Lower 48 states during August 2024, according to an Oct. 2 report published by the U.S. Energy Information Administration. This is 36 percent higher than for the same hours during 2023. During August 2024, 107.4 gigawatts (GW) of solar…...

Senate Bill Aims to Restore U.S. Leadership in Nuclear Energy, Promote Safe Civil Nuclear Programs

U.S. Energy Department Finalizes $2.8 Billion Loan Guarantee to Restart 800-Megawatt Palisades Nuclear Power Plant

The U.S. Energy Department has announced the closing of up to $1.52 billion in a loan guarantee to Holtec Palisades LLC to recommission the 800-megawatt (MW) Palisades Nuclear Plant in Michigan. Further, the U.S. Agriculture Department has awarded more than $1.3 billion in grants to two rural electric cooperatives to lower the cost of electricity…...

data centers power

Data Centers Turn to Nuclear Plants for Emission-Free Power: EIA

Recent power purchase agreements between nuclear plant owners and data centers highlight data center operators’ efforts to secure emissions-free power, but future electricity demand is subject to uncertainties, according to an Oct. 1 report from the U.S. Energy Information Administration. Factors such as the size of new data center capacity, the time required for each…...

California Commission Initiates Rulemaking to Further Long-Term Natural Gas Planning

The California Public Utilities Commission has opened a new proceeding to address long-term natural gas planning to advance decarbonization and guide the transition to a sustainable energy future. This initiative will address complex, unresolved issues from a prior proceeding initiated in 2020 to create a long-term planning framework for the natural gas system, as well…...

wind turbine facility clean electricity solar hydrogen energy storage gas tank 41470 5053

U.S. Energy Department Announces $44 Million for Tribal Communities to Deploy Clean Energy Solutions

The U.S. Energy Department on Sept. 27 announced approximately $44 million for tribal communities to install clean energy technology that will lead to reduced energy expenditures, along with energy resilience and security. The department awarded $18.8 million to American Indian and Alaska Native communities for clean energy infrastructure deployment and announced another $25 million for…...

EnerKnol Research PU Visual Primer Energy Storage 2024 10 01 Blog preview

Energy Storage Initiatives Ramp Up to Strengthen Grid Reliability and Meet Clean Energy Targets

The push to expand energy storage capacity reflects the drive for more resilient and flexible energy systems to support the shift to clean energy. The U.S. Energy Information Administration (EIA) anticipates significant growth in…Read the full report  …...

EnerKnol Research PU Visual Primer Energy Storage 2024 10 01 Blog preview

Visual Primer: Energy Storage Initiatives Ramp Up to Strengthen Grid Reliability and Meet Clean Energy Targets

The push to expand energy storage capacity reflects the drive for more resilient and flexible energy systems to support the shift to clean energy. The U.S. Energy Information Administration (EIA) anticipates significant growth in energy storage with nearly 36 gigawatts (GW) added by the end of 2028 based on plans reported by utilities. At the end of 2023, U.S. electric utilities reported operating about 15.8 GW of battery storage capacity.