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PNM exhausted every alternative before postponing the retirement of the coal-fired San Juan plant until the end of this summer, a utility executive said.
A new federal lab designed to speed up research into grid storage technologies should be up and running by the fall of 2023, barring supply chain issues.
Connecticut legislators passed a bill that would require two state utilities to develop pilot programs to build, own and operate energy storage systems.
DOE is dedicating $3.1 billion to support development of new plants for battery material processing, focusing on materials such as lithium and graphite.
The Energy Department outlined a $6 billion program to prevent the early closure of nuclear generators and $3 billion in funding for battery supply chains.
Nevada regulators have approved NV Energy’s $901 million Greenlink North project and two major solar-plus-batter storage projects proposed by the utility.