Federal Policy
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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.
Shutterstock
FERC rejected rehearing requests on the expansion of the Gas Transmission Northwest pipeline’s capacity into the Northwest over three states’ objections and Commissioner Allison Clements’ dissent.
DOE
The DOE issued a roadmap to speed interconnection of new clean energy generation projects to the grid and clear the backlog of proposed renewable energy projects waiting in the queue.
DOE
Advanced grid technologies can help expand the grid quickly and relatively cheaply, according to a new report from the U.S. Department of Energy.
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