State and Local Policy
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The California governor is convening a special session of the state legislature to take steps “to safeguard California values” — including the fight against climate change — ahead of president-elect Donald Trump’s second term.
California’s floating offshore wind industry is getting a boost from $30 million in research and development funds from the state Energy Commission’s EPIC program.
Duke Energy reported third-quarter earnings of $1.226 billion ($1.60/share), a dip of about 15% from the same period in 2023, as its utility territories were hit by three hurricanes.
Rhode Island voters overwhelmingly approved a ballot proposal to dedicate $53 million in bonds to several environmental infrastructure projects, including $15 million for the Port of Davisville.
Washington voters showed overwhelming support for the state’s fledging cap-and-invest system when they firmly rejected a ballot measure that sought to repeal the program.
The Southeast’s traditionally risk-averse vertically integrated utilities are now embracing the clean energy transition, driven by economic development in the form of new industry and data centers.
Eversource Energy’s exit from the offshore wind business drove a $118 million loss in the third quarter of 2024, offsetting increased revenue from its electric and gas distribution business relative to 2023, the company told investors.
Energy projects designed to accelerate decarbonization and strengthen reliability in vulnerable communities are receiving significant investment from a California Energy Commission program.
Gov. Jay Inslee approved a revised plan for the largest wind turbine farm in Washington, stretching across 24 miles in the Horse Heaven Hills in the southeastern part of the state.
The NCUC approved Duke Energy's second Carbon Plan and Integrated Resource Plan, authorizing procurements of renewable energy, nuclear and demand response, while calling for its 8,000 MW of coal to be retired in 2036.
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