EnerKnol Research PU Visual Primer Climate Action 2024 02 20 Blog preview

Visual Primer: Climate Action Takes Center Stage in the Biden Administration’s Policies

Climate Change and Emissions, Electric Transmission, Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Environmental Markets, Grid Modernization, Integrated Resource Plans, PRODUCTS, REC Feed, Retail Power and Gas

The Biden administration has made significant strides in climate change action, particularly through the enactment of the Inflation Reduction Act of 2022 (IRA), which represents the single largest investment in climate and energy in the U.S. Actions to further the administration’s climate agenda include proposals to limit emissions from power plants and vehicles, finalizing methane emission rules, and advancing environmental justice.

Renewables Added Capacity

Solar and Battery Storage to Account for Over 80 Percent of New Electric Generating Capacity This Year: EIA

Climate Change and Emissions, Electric Transmission, Energy Efficiency, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Solar

The U.S. is expected to add 62.8 gigawatts of new utility scale power generating capacity in 2024, up 55 percent compared to 2023, which saw capacity increase by 40.4 GW, according to a Feb. 15 report from the U.S. Energy Information Administration. Solar and battery storage capacity are expected to account for 58 percent and…...

EnerKnol Research PU Visual Primer Grid Modernization 2024 02 13 Blog preview

Growing Federal Efforts to Remove Roadblocks to Expand U.S. Transmission Capacity

Climate Change and Emissions, Electric Transmission, Energy Efficiency, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Insights, Grid Modernization, Power & Utilities, PRODUCTS, REC Feed, Smart Grid, Solar, Wind

Federal actions are paving the way to build out new transmission capacity at the pace required to accommodate shifts in power generation and achieve decarbonization goals while enhancing…Read the full report  …...

EV Sales EIA

Electric and Hybrid Vehicle Sales Increase During 2023: EIA

Climate Change and Emissions, Electric Transmission, Electric Vehicles, Energy Efficiency, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS

Battery, hybrid and plug-in electric vehicle sales as a whole increased across the U.S. during 2023 and accounted for 16.3 percent of total new light duty vehicle sales, according to a Jan. 31 report published by the U.S. Energy Information Administration. During 2022 battery, hybrid and plug in vehicles accounted for 12.9 percent of total…...

EnerKnol Research PU Visual Primer Offshore Wind 2024 01 30 Blog preview 1

States Strive to Revive U.S. Offshore Wind Industry Amid Economic Hurdles

Climate Change and Emissions, Electric Transmission, Energy Efficiency, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Insights, Grid Modernization, PRODUCTS, REC Feed, Renewables, Wind, Wind Power

States with big offshore wind ambitions are planning new strategies to recover the industry from economic challenges that have resulted in some major developers seeking to exit or revise their…Read the full report  …...

EnerKnol Research PU Visual Primer Offshore Wind 2024 01 30 Blog preview

Visual Primer: States Strive to Revive U.S. Offshore Wind Industry Amid Economic Hurdles

Climate Change and Emissions, Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Grid Modernization, PRODUCTS, REC Feed, Renewables, Wind, Wind Power

States with big offshore wind ambitions are planning new strategies to recover the industry from economic challenges that have resulted in some major developers seeking to exit or revise their power purchase contracts.

Virginia Regulator Clears Dominion’s Offshore Wind, Solar Projects

New Jersey Awards Contracts for 3.7 Gigawatts of Offshore Wind Energy

Climate Change and Emissions, Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Wind

The New Jersey Board of Public Utilities on Jan. 24 announced the award of two offshore wind projects totaling 3,742 megawatts in its third solicitation. This action is significant for the state’s offshore wind pursuit after Denmark-based Ørsted canceled its plans last November to develop two projects with a proposed capacity of 2.2 gigawatts off…...

wholesale electricity pulse

Average 2024 U.S. Wholesale Electricity Prices Projected to Be Similar to 2023 Levels: EIA

Climate Change and Emissions, Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Retail Power and Gas

The average wholesale electricity price during 2024 across majority of the U.S. regions is projected to be similar or marginally lower than in 2023, according to the U.S. Energy Information Administration. The price forecast hinges on the assumption of relatively constant generation fuel costs. The agency acknowledges that temporary price hikes may occur in the…...