The President’s Budget Leaves a Legacy of Clean Energy and Climate Change Mitigation Support The president’s budget provides strong support for clean energy and addressing climate change. The proposal would allocate substantial funding for clean energy and climate initiatives, while removing favorable tax deductions for the fossil fuel exploration and production (E&P) industry. The budget…...
High clearing prices in ISO-NE’s ninth forward capacity auction will stimulate new resource build-out to meet future demand. FCM Auction Attracts New Resources to Meet Low Reserve Margin The New England Independent System Operator’s (ISO-NE) ninth annual Forward Capacity Market (FCM) auction to acquire resources to meet June 1, 2018 through May 31, 2019 electricity…...
The DOE’s new SunShot Program funding could help lower costs across the solar PV value chain to help remove barriers to entry and de-risk solar energy grid integration. On January 29, 2015, the Department of Energy (DOE) announced more than $59M in funding to expedite commercialization of innovative solar manufacturing technologies and support multi-year solar…...
The DOI’s fourth competitive renewable energy lease sale on the Outer Continental Shelf has nearly doubled the federal offshore acreage available for commercial-scale wind energy projects. Despite the expanded acreage, the U.S. offshore wind industry continues to face unique challenges of high costs, mitigation of environmental impacts, project installation, and grid interconnection, and continued federal offshore…...
