U.S. carbon markets demonstrated robust participation in recent auctions including Washington’s two consecutive auctions that sold out of carbon permits and raised over $850 million under the state’s cap-and-invest program launched this year. However, carbon-trading programs continue to face opposition in some jurisdictions over concerns of higher ratepayer bills.
The completion of a new reactor at Georgia’s Plant Vogtle is viewed as a significant milestone for the U.S. nuclear industry despite massive cost overruns and years of delays. The lessons learned are expected to inform best practices…Read the full report …...
The completion of a new reactor at Georgia’s Plant Vogtle is viewed as a significant milestone for the U.S. nuclear industry despite massive cost overruns and years of delays. The lessons learned are expected to inform best practices for new projects even as a host of advanced technologies ranging from small modular reactors to microreactors are being developed. The development comes at a time when focus on decarbonization and energy security has elevated the importance of nuclear power as a critical technology to achieve national and state goals.
Low-carbon fuel programs are gaining prominence as an important avenue to help decarbonize the transportation sector, which accounts for a third of U.S. greenhouse gas emissions. Recent actions range from biofuel mandates…Read the full report …...
Low-carbon fuel programs are gaining prominence as an important avenue to help decarbonize the transportation sector, which accounts for a third of U.S. greenhouse gas emissions. Recent actions range from biofuel mandates under the federal Renewable Fuel Standard (RFS) program to legislative proposals across half a dozen states to establish clean fuel standards.
The deployment of carbon capture, utilization and storage (CCUS) technologies is expected to increase in the U.S., driven by federal and state initiatives to meet emissions reduction targets. Supportive policies, including $12 billion in funding from the…Read the full report …...
The deployment of carbon capture, utilization and storage (CCUS) technologies is expected to increase in the U.S., driven by federal and state initiatives to meet emissions reduction targets. Supportive policies, including $12 billion in funding from the Infrastructure Investment and Jobs Act (IIJA) of 2021 and enhanced tax credits under the Inflation Reduction Act (IRA) of 2022, are driving carbon capture projects across the U.S. Initiatives to expand carbon dioxide (CO2) pipelines to connect to sequestration sites have also gained momentum.
The U.S. Court of Appeals for the District of Columbia Circuit has invalidated the Federal Energy Regulatory Commission’s approval of tariff revisions to effectuate the Southeast Energy Exchange Market, or SEEM. The court said that FERC failed to explain how the tariff revisions were consistent with the requirements in its Order 888, which directed utilities…...
Utility commissions across U.S. states are exploring issues surrounding electric vehicle (EV) charging rates to ensure that rate structures foster effective and equitable use of… Read the full report …...
Emphasis on energy efficiency and related measures, such as building electrification, have been gaining significance as lawmakers and regulators… Read the full report …...
Emphasis on energy efficiency and related measures, such as building electrification, have been gaining significance as lawmakers and regulators across the U.S. strive to set policies that spur climate-friendly activity to progress toward a low-carbon economy.
The U.S. Energy Department on July 5 announced that it is considering establishing a demand-side initiative with an investment of up to $1 billion to help advance clean hydrogen hubs. The 2021 Infrastructure Investment and Jobs Act, or IIJA, authorized $8 billion from 2022 through 2026 to establish a program that supports the development of…...