Construction costs

U.S. Construction Costs for Natural Gas-Fired Generators Dropped by 18 Percent in 2021: EIA

The average construction costs of natural gas-fired generators, wind turbines and solar PV systems declined in the U.S. during 2021 relative to 2020, according to an Oct. 3 report by the U.S. Energy Information Administration.  Average construction expenditures declined by 18 percent for gas fired generators, 5 percent for wind turbines and by 6 percent…...

FERC’s Five-Year Plan Emphasizes Measures to Improve Electricity Market Design, Infrastructure Siting Reviews

U.S. Energy Department Announces Wholesale Electricity Market Program to Enhance State and Regional Participation

The U.S. Energy Department on Sept. 29 announced a $9 million program to enhance state and regional participation in wholesale power markets. The initiative – Wholesale Electricity Market Studies and Engagement Program – is designed to provide technical and financial support for states and regional entities to develop, expand, and improve wholesale markets. Such collaboration…...

hydropower generation eia

U.S. Hydropower Generation Forecast Lowered by Six Percent Due to Weather Events: EIA

The U.S. Energy Information Administration in a report published on Sep. 28 lowered its projection of U.S. hydropower generation by 6 percent for 2023, compared to last year. The reduction in the forecast is attributed to weather outcomes in the U.S. Northwest over spring and summer, which led to curtailed water supply. U.S. hydropower capacity…...

3d windmill project

U.S. Interior Completes Environmental Review of Wind Project Offshore Virginia

The Bureau of Ocean Energy Management on Sept. 25 announced the completion of its environmental review of Dominion Energy Inc.’s proposed Coastal Virginia Offshore Wind Project off Virginia. The project located about 23.5 nautical miles offshore Virginia Beach, would provide up to 3 gigawatts (GW) of wind energy. The wind farm would have the capacity…...

EnerKnol Research PU Visual Primer Energy Storage 2023 09 26 Blog preview

Federal and State Initiatives Seek to Expand Markets and Opportunities for Energy Storage

In the face of a rapidly evolving energy landscape, federal and state initiatives continue to support the growth and expansion of energy storage solutions. Energy storage plays a key role in… Read the full report  …...

EnerKnol Research PU Visual Primer Energy Storage 2023 09 26 Blog preview

Visual Primer: Federal and State Initiatives Seek to Expand Markets and Opportunities for Energy Storage

In the face of a rapidly evolving energy landscape, federal and state initiatives continue to support the growth and expansion of energy storage solutions. Energy storage plays a key role in the transition to a zero-emission electric grid by enabling the integration of large quantities of renewable energy while improving grid-operating capabilities.

EV Sales EIA

Over Two Million On-Road Light Duty Electric Vehicles Registered in The U.S. in 2021 : EIA

The number of U.S. registered light duty electric vehicles on the roads reached 2.13 million vehicles in 2021, according to an Sept. 20 report from the U.S. Energy Information Administration. This number has increased year-on-year since 2012, surpassing a million in 2018 and two million in 2021. In 2012, there were less than 100,000 EVs…...

Biden Administration Unveils Action Plan to Accelerate Offshore Wind Transmission

The Departments of the Interior and Energy on Sept. 19 released a detailed transmission action proposal to realize the ample potential of Atlantic offshore wind energy.  The action plan sets out bold strategies that will speed up the investment and development in offshore wind energy and strengthen the domestic supply chain. The action plan is…...