The U.S. Department of the Treasury and the Internal Revenue Service on Oct. 24 issued final rules for the Advanced Manufacturing Production Credit to bolster domestic manufacturing in the clean energy sector. The final rules largely follow the proposed regulations issued in December 2023. The rules clarify definitions and credit amounts for qualifying components including…...
U.S. natural gas production from shale and tight formation marginally declined between January to September 2024, compared to the same period in 2023, according to an Oct. 23 report published by the U.S. Energy Information Administration. If the same trend prevails for the remaining months during 2024, this would be the first year-on-year decline in…...
The New Jersey Board of Public Utilities on Oct. 23 adopted minimum filing requirements for investor-owned electric utilities to propose charging programs for medium- and heavy-duty, or MHD, electric vehicles and fleet. The requirements call for extensive planning, such as ensuring scalability and effectively managing grid load caused by EV charging. The filing requirements are…...
The U.S. Environmental Protection Agency on Oct. 23 announced the award of nearly $250 million to the Clean Corridor Coalition to develop charging infrastructure for medium- and heavy-duty electric vehicles along the Interstate-95 or I-95 corridor. The award will support the development of 24 freight truck charging sites, providing 450 charging ports along the I-95…....
The U.S. Energy Department on Oct. 23 announced the closing of a $162.4 million loan guarantee to LongPath Technologies Inc. to support the installation of over 1,000 remote monitoring towers as part of a real-time methane emissions monitoring network. LongPath’s Active Emissions Overwatch System project intends to install large area remote methane monitors to help…...
The U.S. Energy Department on Oct. 22 announced $428 million for 14 projects to support clean energy manufacturing projects in areas that were previously reliant on coal for their local economy. Selected by the Office of Manufacturing and Energy Supply Chains, the projects are led by small and medium businesses and would benefit 15 communities…...
Average U.S. construction costs for wind turbines and solar photovoltaic systems rose by 1.6 percent and 1.7 percent during 2022, according to an Oct. 22 report published by the U.S. Energy Information Administration. In contrast, average U.S. construction expenditures for natural gas fired power generators declined by 11 percent during 2022. Natural gas, wind and…...
Pipeline companies have completed four new petroleum liquids pipelines projects across the U.S. since 2023, according to an Oct. 21 report published by the U.S. Energy Information Administration. The new pipeline projects consist of three crude oil and one hydrocarbon gas liquids. The South Bend Pipeline was completed during 2023 and is a 150,000 barrel…...
The U.S. Energy Department on Oct. 21 announced the selection of 23 projects across 19 states to receive $518 million for the development of decarbonization infrastructure, such as carbon capture and storage. The projects, funded by the 2021 Infrastructure and Investment Jobs Act, will support the Carbon Storage Assurance Facility Enterprise, or CarbonSAFE, Initiative. The…...
The U.S. Department of Agriculture on Oct. 18 announced that it is partnering with small businesses and farmers to enhance accessibility to clean energy, create employment opportunities and assist in lowering their energy bills via the Rural Energy for America Program, or REAP, and the Empowering Rural America, or New ERA, program. The initiatives provide…...
The U.S. Energy Department on Oct.18 announced around $2 billion in funding for 38 grid improvement projects through its Grid Resilience and Innovation Partnerships, or GRIP, program. The projects will improve transmission and grid resiliency amid growing threats of extreme weather and increase grid capacity to meet load growth. These transmission projects would support over…...