The U.S. Department of Housing and Urban Development on Oct. 19 announced over $100 million in funding for new loans and subsidies to renovate the living spaces for 1,500 low-income households to cut energy waste and increase resilience to extreme weather events. The funding is a part of the Green and Resilient Retrofit Program, or…...
Evolving electric system reliability needs that stem from the anticipated unprecedented growth in intermittent resources have prompted a closer scrutiny of resource adequacy (RA) issues. The increasing share of renewables to facilitate a lower-carbon grid, coupled with fossil generation retirements and increased demand for electrification, pose emerging challenges…Read the full report…...
U.S. peak hourly electricity demand on July 27, 2023, reached 741,815 megawatt hours (MWh), according to an Oct. 5 report from the U.S. Energy Information Administration. The peak hourly demand was the second highest since 2016 and was marginally below the record high of 742,704 MWh last year on Jul. 20. U.S. peak electricity demand…
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…...
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.
U.S. Commercial structures in cold temperatures were over five times more energy intensive than hot climates for space heating, according to an Sept. 6 report from the U.S. Energy Information Administration. The agency determines space heating energy intensity projections for each building category by dividing total usage of key energy fuels, such as electricity, fuel…...
