DOE reports the U.S. at the forefront of the global fuel cell industry with significant advancements in the fuel cell and hydrogen technologies market. On December 19, 2013, the Department of Energy (DOE) released three reports highlighting strong progress in the U.S. fuel cell and hydrogen technologies market. The U.S. remains at the forefront of…
The Senate Finance Committee’s latest energy tax reform proposal focuses on technology-neutral and performance-based energy tax credits. On December 18, 2013, Senate Finance Committee Chairman Max Baucus (D-MT) released an energy tax reform draft that would overhaul federal energy-related tax incentives and consolidate provisions supporting renewable energy. Notably, the proposal focuses on establishing tax credits…
DOI’s proposed Maryland 80,000 acre offshore wind lease sale aims to harness up to 1,450 MW of wind energy, enough to supply 300,000 homes. On December 17, 2013, the Department of Interior (DOI) announced a proposed notice of sale for approximately 80,000 acres of Maryland offshore area for commercial wind energy development. The proposed…
EIA’s latest Annual Energy Outlook (AEO) projects a 56 percent increase in natural gas production by 2040, overtaking coal as the largest share of U.S. electric power generation. On December 16, 2013, the Energy Information Administration (EIA) released the AEO 2014 Early Release Overview presenting updated projections for U.S. energy markets through 2040. The AEO…
