Energy storage plays a key role in managing the pace of the transformation of the electric system. The versatility of the resource has allowed for multiple grid roles, including supporting transmission reliability.
Stringent climate policies have prompted discussions around comprehensive cap-and-invest programs to address emissions across multiple sectors. Several U.S. states have devised bold climate action plans that call for transformations across industry, energy, and transportation sectors.
State regulators in the U.S. are tightening regulations governing competitive retail electricity markets, as they closely examine supply offers to determine if they are fairly priced, offer intended benefits of competition, and support clean energy goals.
The U.S. is on the verge of a boom in transmission projects driven by a massive buildout of renewable energy generation and an increase in federal transmission planning initiatives. Several long-distance power lines, such as the Champlain Hudson and SunZia, have reached major permitting milestones after years of planning and review.
The U.S. trading hubs’ average wholesale electricity prices increased in 2022 compared with 2021 on account of extreme weather conditions and the limited supply of coal to replace higher-priced natural gas, according to a Jan. 10 report from the U.S. Energy Information Administration. Extreme weather and manpower shortages in the railroad and coal mine industries…...
The U.S. Environmental Protection Agency on Jan. 4 announced the first of its kind Smart Home Energy Management System, or SHEMS, which will assist homeowners in obtaining ENERGY STAR certification and creating a one-of-a-kind smart home. SHEMS refers to a package of smart home products that are connected to a central service and enables end…...
