Federal Policy
CongressDepartment of EnergyLoan Programs Office (LPO)Department of TransportationEnvironmental Protection AgencyFederal Energy Regulatory CommissionGeneral Services Administration (GSA)Interior DepartmentBureau of Land ManagementBureau of Ocean Energy ManagementTreasury DepartmentWhite House
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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.
EPA
Coal-fired power plants nationwide will either have to close by 2039 or use carbon capture and storage or other technologies to capture 90% of their emissions by 2032 under EPA’s long-awaited final rule.
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.
The White House
President Joe Biden announced $7 billion in funding from the Inflation Reduction Act, to be used by states and nonprofits across the country to install solar in low-income and disadvantaged communities.
Shutterstock
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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The six New England states have submitted two applications for federal funding for transmission projects aimed at improving grid reliability and enabling the interconnection of clean energy resources.
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