Federal and state initiatives to foster the growth of electric vehicles are on the rise, depicting the critical role that the transportation sector is poised to play in achieving climate goals and building a clean economy.
The New England region relies on imported liquefied natural gas (LNG) in the winter to meet natural gas demand due to an inadequate gas pipeline network. The reliance on imports is increasingly fraught as the region competes in the global market where high and volatile prices pose supply risk and pricing uncertainty.
Across the U.S., transmission development initiatives are advancing at a swift pace to deliver on state policy objectives. Transmission expansion is essential to improve the integration of renewable energy and allow better utilization of intermittent, zero-carbon resources like solar and wind.
Discussions about carbon pricing continue to evolve as the strategy is increasingly viewed as a policy tool that can play an expanded role in a broader policy mix to meet ambitious climate goals.
The hydrogen market is changing amid federal and state initiatives to harness the technology to support decarbonization. Investing in clean hydrogen is viewed as a key component of efforts to progress towards the Biden administration's target of net-zero emissions by 2050.
A handful of states are revisiting natural gas line extension policies to eliminate subsidies for new gas hookups and support state climate policies that call for lower gas use and electrification of buildings.
The U.S. nuclear energy sector is now on the verge of a revival after years of premature plant closures and dim forecasts. Investments and tax incentives included in the Inflation Reduction Act (IRA), enacted in August, add new momentum to the nuclear power industry.
Utility resource plans continue to manifest the changing power generation mix as more states pursue zero-carbon goals. The shift drives the need for innovative policy initiatives that optimize renewable energy sources and enhance grid reliability.
Across the U.S., policy makers, regulators, and utilities are increasingly viewing energy storage as imperative to enable a transition to greater use of renewable energy, electrify buildings and transportation, and enhance grid reliability.
Federal and state actions to boost distributed solar show the growing interest in harnessing the technology to achieve broader policy goals.
The U.S. offshore wind industry is growing stronger, spurred by expansion into new leasing areas to support the national goal of 30 gigawatts (GW) by 2030 and ambitious state-level commitments.
The Inflation Reduction Act of 2022 (IRA), passed by the U.S. Congress on Aug. 12, includes a historic $369 billion investment in energy security and climate change programs over the next ten years.