Week Ahead: NY’s Fourth Offshore Wind Solicitation, PA Discusses EV Rate Design, CA’s Grid Support Program
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Visual Primer: Supportive Policies and Technological Advancements Catalyze Grid-Scale Energy Storage
As renewables continue to grow in the move towards a low-carbon future, energy storage is critical to mitigate the variability of wind and solar resources and enhance reliability and resiliency of the electric grid. Federal and state actions continue to facilitate the adoption of storage as a key solution in this transition. U.S. utility-scale battery storage capacity is expected to increase from 1.5 gigawatts (GW) in 2020 to 30 GW in 2025, according to the U.S. Energy Information Administration.
U.S. Energy Department Allocates $530 Million to Advance Sustainable Building Transformation
The U.S. Energy Department on Dec. 18 announced a pioneering initiative, earmarking up to $530 million in competitive grants for technical assistance that not only aims to foster a skilled workforce and inclusive programs aligned with President Biden’s Justice40 Initiative but also seeks to expedite energy efficiency projects for the decarbonization of buildings. This initiative…...
U.S. Energy Department Announces $275 Million to Strengthen Clean Energy Supply Chains
The U.S. Energy Department on Nov. 27 announced $275 million in grant selections for seven projects to strengthen clean energy supply chains and revitalize communities impacted by coal mine or coal power plant closures. The projects will leverage over $600 million in private sector investments in small- and medium-sized manufacturers and create nearly 1,500 jobs…....
Nuclear Power Faces Headwinds Despite Growing Support as Carbon-Free Resource
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…Read the full report …...
Special Report: FERC Denies Rehearing of Interconnection Rule, Extends Compliance Deadline
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.