Department of Energy
DOE
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.
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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."
DOE/NREL
Streamlining and accelerating permitting is just one of the potential uses DOE envisions for AI to accelerate the U.S. power system’s transition to 100% clean energy and the modern, efficient, secure grid needed to reach that goal by 2035.
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Under the Coordinated Interagency Authorizations and Permits program, DOE will lead permitting transmission projects and coordinate environmental and permitting processes between federal agencies.
Portland General Electric
EPA announced nearly $1 billion in grants from the Inflation Reduction Act to help cities, states, territories and school districts trade in their diesel-burning heavy-duty trucks and buses for new zero-emission vehicles.
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FERC has worked to restructure the power industry for nearly three decades, and is poised to take another major step forward on that front with the transmission rule next month, panelists said on a Americans for a Clean Energy Grid webinar.
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The Department of Interior has set a new five-year schedule for as many as a dozen new offshore wind energy lease auctions and finalized an update of its regulations for renewable energy development in U.S. waters.
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A series of presentations and panels at the BloombergNEF Summit provided a measure of the industry’s success in crafting a narrative based on a “balanced” and well-paced transition that includes cutting egregious emissions and scaling carbon capture and storage technologies.
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A DOE report on resource adequacy says firms investing in natural gas capacity could be retrofitted with carbon capture and storage, or the ability to burn clean hydrogen.
BloombergNEF
Global investment in passenger electric vehicles was up 36% in 2023, investment in energy storage jumped 77%, and investment in carbon capture and storage nearly doubled.
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