New investments in the Buffalo Billion initiative, including advanced manufacturing and clean energy technologies, are expected to create more than 1,300 jobs. On June 30, 2014, New York Governor Andrew M. Cuomo announced approximately $200M in Buffalo Billion Initiative funding to support high-tech projects that would create more than 1,300 jobs, boost economic growth, and…...
A major NYCEEC-supported clean energy retrofit project at Roosevelt Landings is expected to reduce energy consumption by 20 percent and emissions by 750 metric tons per year. On June 27, 2014, the New York City Energy Efficiency Corporation (NYCEEC) and Urban Greenfit announced the completion of a $7.4M clean energy retrofit project at Roosevelt Landings,…...
On May 23, 2014, the U.S. Court of Appeals for the D.C. Circuit Court vacated FERC Order No. 745, stating the Commission did not have jurisdiction under the Federal Power Act (FPA) to issue Order No. 745 because demand response is part of the retail market, which is exclusively under state jurisdiction. On March 15,…...
An IBM semiconductor manufacturing project – which saves more than 21M kWh per year – has been recognized as “Energy Project of the Year” by NY Association of Energy Engineers. On June 26, 2014, the New York State Energy Research and Development Authority (NYSERDA) announced that an IBM project supported by NYSERDA’s Industrial Process Efficiency…...
DOE has released new energy efficiency standards to reduce energy consumption of furnace fans by 46 percent. On June 25, 2014, the Department of Energy (DOE) announced new energy efficiency standards for furnace fans used for air circulation in residential heating and cooling equipment. The new standards would reduce a furnace fan’s energy consumption by…...
DOE has committed more than $10M to improve the electricity grid by deploying advanced software that works with synchrophasor technology. On June 11, 2014, the Department of Energy (DOE) announced more than $10M for six grid improvement projects across five states. The projects will increase deployment of advanced software that works with synchrophasor technology to…...
FERC is seeking a review of the recent court decision vacating Order 745, FERC’s final rule governing demand response resources in the wholesale market. On June 11, 2014, the Federal Energy Regulatory Commission (FERC) announced it will request the U.S. Court of Appeals for the District of Columbia for an en banc rehearing of the…...
NYSERDA has announced higher incentives to promote net zero energy standards in the residential construction market. On June 6, 2014, the New York State Energy Research and Development Authority (NYSERDA) announced the availability of significantly higher incentives under its Low-rise Residential New Construction Program including first incentives for homes designed for net zero energy performance…....
The EPA stressed State flexibility in its Clean Power Plan to reduce emissions 30 percent by 2030. Overview On June 2, 2014, the U.S. Environmental Protection Agency (EPA) proposed its Clean Power Plan to set carbon pollution guidelines for existing power plants and emission standards for modified and reconstructed power plants. The proposal is key…...
The 24th RGGI carbon auction sold allowances at $5.02 each, generating approximately $90.67M. On June 6, 2014, the nine member states of the Regional Greenhouse Gas Initiative (RGGI) released the results of their 24th carbon auction held on June 4. Auction 24 offered 18,062,384 allowances at a reserve price of $2.00 each. All allowances sold at…...
On March 12, 2014, Eos Energy Storage announced plans to test its Aurora energy system at a Con Edison facility in mid-2014. The pilot aims to demonstrate the value of distributed energy storage in reducing costs associated with energy infrastructure upgrades to serve peak electricity demand. The project is supported by $1M in funding from the…...
EPA has released its Clean Power Plan proposal, outlining the first emission guidelines for existing fossil fuel-fired power plants, with a goal to reduce power sector emissions by 30 percent below 2005 levels by 2030. On June 2, 2014, the Environmental Protection Agency (EPA) released the Clean Power Plan proposal to address greenhouse gas emissions…...
