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May 9, 2024

NetZero Insider

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Siemens Energy
Siemens Energy Announces Restructuring of Wind Business
Siemens Energy has begun a multiyear restructuring of its wind power business, which has temporarily halted sales of certain onshore turbine models due to quality control problems. 
Shutterstock
AEE: Electrifying MHD Vehicles Could Lower Grid Costs
Serving new demand from medium- and heavy-duty vehicle electrification will require grid upgrades but could lower utility rates, Advanced Energy Economy said.
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Stronger Renewable Energy Standard Sought in Vermont
The Vermont Legislature has approved a bill that would update the state’s Renewable Energy Standard and move it toward 100% renewable electricity by 2030. 
DOE
On the Road to NIETCs, DOE Issues Preliminary List of 10 Tx Corridors
DOE is looking to boost interregional transmission with its announcement of 10 proposed National Interest Electric Transmission Corridors, where projects could be eligible for a share of $2 billion in federal loans and special permitting under FERC’s backstop siting authority.
ACP
ACP: Clean Energy Construction Increases in 1st Quarter
Nearly 5.6 GW of new solar, wind and storage capacity was added in the United States in the first quarter of 2024, the American Clean Power Association reported.
Elena Dider, CC BY-SA 4.0, via Wikimedia Commons
Report: Small Nuclear Reactors Not the Answer
A new report warns that small modular nuclear reactors are not the energy panacea that their proponents have described.
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NJ Senator: Failing State Grid Can Stymie Clean Energy Efforts
A New Jersey senator said the states slow adoption of clean energy is due to an inadequate grid and reluctance to invest in the infrastructure to handle a surge in solar and wind power.
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EPA Finalizes Methane Reporting Rule for Oil and Gas Industry
EPA issued a final rule meant to strengthen, expand and update methane emissions reporting requirements for oil and natural gas systems, as required by the Inflation Reduction Act.
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Will Final Rules on EV Tax Credits Help or Hurt US Market Growth?
According to Kelley Blue Book, the slow-down in EV sales could be a sign that "EVs are almost mainstream cars in parts of the country. Segment growth typically slows as volume increases."
Eversource
Eversource Announces $500M Cut in Connecticut Investments
Eversource announced plans to reduce its investments in Connecticut by about $500 million over the next five years because of the “negative regulatory environment” at the Public Utilities Regulatory Authority.

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