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The end of every year is a great time for taking stock of what the year has broughtincluding in terms of cleanenergy in the power sector. As it turns out, 2024 has provided a whole lot of cleanenergy progress as fodder for that stock-taking.
The simple fact is that ditching fossil fuels for low-cost cleanenergy resources is good for the planet, good for the US economy, and good for public health. The studies the DOE reviewed also found that transmission investments would provide a host of benefits beyond access to cleanenergy. The good news?
Additionally, long-term energy plans consider how utilities will operate their existing power generating facilities and what type of new facilities they might build and when. DTE was already far along in preparing its long-term energy plan when the law passed. DTE also would install nearly 2,000 MW of battery resources by 2042.
Solar, wind, electric vehicles, and other cleanenergy technologies saw a record-high $1.1 trillion in investment globally last year, matching investment in fossil fuels for the first time ever, according to a new report from Bloomberg New Energy Finance. Read more on E360 →
The fabulous growth of wind and solar builds on states’ cleanenergy policy and corporate decarbonization targets. However, great opportunities for more new cleanenergy supplies to replace fossil fuel energy need supporting grid investments. Where do we go for that modern infrastructure?
In fact, pursuing more climate-forward energy policies can be an opportunity to do right by our neighbors working in Pennsylvanias oil and gas fields. There is a path in Pennsylvania where cleanenergy advocates and the traditional oil and gas industry can meet: geothermal energy.
On December 17, Sustainable Pittsburgh released CleanEnergy Workforce: Needs and Opportunities for Southwestern PA , a comprehensive document that explores the opportunities and challenges in building a robust and equitable cleanenergy workforce in southwestern Pennsylvania. Sustainable Pittsburghs Executive Director.
This represents an unprecedented influx of state and federal support for cleanenergy in Pennsylvania, including a just-announced $303.5 million closed loan from the US Department of Energy for Eos Energy Enterprises, and has made the Pittsburgh region a cleanenergy gateway for the state. Kilgour of ORVI.
Gas plants failed at a scale that jeopardized grid reliability for large regions of the United States during severe winter storms in 2011 , 2014 , 2018 , 2021 , and 2022. Although the country’s federal energy regulator has had a disconcertingly nonchalant attitude towards these events.) Unfortunately, this isn’t a rare problem.
Rather, strong investments in cleanenergy, energy-efficient homes, and programs supporting energy-insecure households—coupled with stronger utility oversight—all could start to provide rapid relief directly to families who are feeling the pinch from elevated energy and heating bills. that collect shutoff data.
There’s good news in the recently released official data on electricity generation in the United States in 2022: renewable energy has continued to grow, coal power has continued to drop, and renewables are now firmly ahead of coal for the first time ever. They offer a lot of good news about cleanenergy progress.
Cleanenergy solutions are readily available to help ensure that these failures dont reoccur, and long-range transmission lines are one of the key components of these solutions. Increasing the countrys long-range transmission capacity will allow much more renewable and energy storage capacity to come onto the grid.
In 2022, the nation experienced 18 disasters with costs exceeding a billion dollars each, and together these disasters caused at least 474 deaths. Together these disasters cost at least $165 billion, making 2022 the third most costly year on record. That’s why the long-waited climate bill that the U.S.
July 26, 2022. WIND ENERGY: A wind farm has emerged as the latest energy flashpoint in New York, the Buffalo News reports. While supporters laud the plan as an opportunity to produce cleanenergy, opponents fear that the plant could harm water and wildlife. Laura Gersony, Fresh Editor. This Week’s Watersheds.
August 9, 2022. Despite their concerns over nuclear waste, tribal leaders are celebrating a $46 million grant from Minnesota’s Renewable Development Fund, which will allow them to draft a new cleanenergy plan based on solar and geothermal energy. October 11-13, 2022: Great Lakes Commission Annual Meeting – register.
Wind and solar accounted for a record 12 percent of global power generation last year, according to a new analysis which finds that the rapid buildout of cleanenergy heralds "a new era of falling fossil generation." Read more on E360 →
They accounted for most of the failed generating capacity in a number of recent extreme weather events, including Winter Storm Uri in 2021 and Winter Storm Elliott in 2022, according to Gas Malfunction , a new Union of Concerned Scientists (UCS) issue brief. percent higher than the number of wealthier residents, according to a 2022 UCS study.
China accounted for nearly half of the world's low-carbon spending in 2022, which could challenge U.S. efforts to bolster domestic cleanenergy manufacturing
5060 ), titled An Act Driving CleanEnergy and Offshore Wind, into law on Thursday August 11, 2022. Each electric distribution company will be directed to develop an electric-sector modernization plan to enable increased adoption of renewable energy and create a more reliable and resilient grid.
The legislation committed nearly $400 billion to support, among other things, wind and solar power, battery storage, electric vehicles, and other cleanenergy technologies that will make a significant dent in US heat-trapping emissions. How is that going to happen? Their report, however, comes with a warning.
The United States supports Association of Southeast Asian Nations (ASEAN) partners in meeting their cleanenergy goals. Electric vehicles are “the most direct and efficient solution to improving the air quality in Vietnam , and in other countries in Southeast Asia,” Nguyen told Vietnam Investment Review in 2022. million people.
The Massachusetts Executive Office of Energy and Environmental Affairs (EEA) and Department of Environmental Protection (MassDEP) announced that proposed amendments to the state’s CleanEnergy Standard (CES) were finalized earlier this month without substantive changes from draft language initially proposed by the agencies in April 2022.
Following the Minnesota Senate’s approval on February 2 and the House on January 26, the state now has a much-needed update to its cleanenergy policies that advocates and other leaders have sought for several years. Congratulations, Minnesota!
PPL continues to serve Kentuckians reliable, low-cost, clean electricity and natural gas. Even more, the company has begun executing its cleanenergy strategy, which is part of their effort to achieve net-zero carbon emissions by 2050.
Using an interactive online dashboard-- Renewables on the Rise 2024 -- documents the growth of six key cleanenergy technologies across the United States over the past decade and ranks states accordingly for solar power, wind power, battery storage, energy efficiency, electric vehicles and electric vehicle charging stations.
On July 18 and 19, RE+ Mid-Atlantic took place at the Pennsylvania Convention Center in Philadelphia, bringing together hundreds of cleanenergy industry leaders to enhance innovation and business opportunities in the region. MW of solar energy, enough solar panels to power 287,874 homes.
This move leads to approximately 6,000 to 13,000 fewer premature deaths, more than 140,000 fewer cases of asthma exacerbation, and 700,000 fewer workdays lost to illness from 2022 to 2040 compared to current policies and plans. Just as important, cleaning up the power grid can also decrease carbon dioxide (CO 2 ) emissions.
On the last day of the 2022 Minnesota legislative session, state legislators had a real case of the Mondays: They failed to deliver on climate and energy policies that would have accelerated renewable energy enough to forge a clear path to carbon-free electricity and set the state on track to meet science-based emission reduction targets.
EPA on Thursday, June 30, 2022, curbing the power of the Environmental Protection Agency (EPA) to regulate greenhouse gas emissions from power plants across the country. The decision focuses on EPA’s authority under a specific section of the Clean Air Act. What does this mean for cleanenergy projects?
New cleanenergy, including combined solar and battery projects, have waited (and waited, and waited…) in interconnection queues. In Virginia, where data centers already account for 25% of electricity use, $627 million in grid projects were approved in 2022 to get enough power over the wires to support this data center alley.
As electric vehicle charging stations sprout like mushrooms along our roads and clusters of new wind turbines come online, these two cleanenergy solutions to the climate crisis are becoming more commonplace. The United States needs to speed its transition to cleanenergy in order to stave off even worse impacts of climate change.
On January 26, the Minnesota House of Representatives passed House File 7 —the 100% CleanEnergy Bill. Now, with climate and cleanenergy majorities in both chambers, Minnesota is poised to join other leading states in updating its cleanenergy policies equitably with benefits for all residents.
Enter the late-July announcement of the Inflation Reduction Act of 2022—our chance to get back on track. How the Inflation Reduction Act of 2022 will accelerate necessary change. On the other hand, Congress’s wholesale abandonment of wide-ranging climate investments could not be similarly recast. It was bad news all the way down.
This all contributed to making 2022 the best year yet for EVs. 615,000,000 actual in FY 2022. 1 billion from EPA’s Clean School Bus program for 389 school districts nationwide to convert to EVs. Massachusetts Act Driving CleanEnergy and Offshore Wind Bans sale of ICE vehicles by a dealership after January 1, 2035.
The first wind turbine erected at the Hollandse Kust Zuid wind farm in April 2022. The combination of offshore wind turbines, floating solar panels and green hydrogen are some of the hybrid cleanenergy technologies currently under development off the Dutch coast. . Photo credit: Vattenfall / Ties van der Horst.
This is DLC’s second annual ESG report and, for the first time, discloses year-over-year performance metrics from a 2022 baseline. The report covers a wide range of topics addressing risks and opportunities that DLC faces as it pursues a cleanenergy future for all while securing the economic vitality of the Pittsburgh region.
Climate policy has been boosted by dramatic changes in the economics of cleanenergy. The Department of Energy estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022. Cheaper renewable energy attracts private investment and makes limits on fossil fuels more feasible.
The Department of Energy’sEnergy Information Administration (EIA) is one of the go-to sources for reliable information about the US power sector. They just released their 2022 “Annual Energy Outlook” (AEO), which is a big deal: it tells us where electricity is headed over the next 30 years. Carbon emissions remain high.
By John Quigley, Senior Fellow, Kleinman Center Next year, the electricity bills for twenty percent of Americans will start reflecting the high cost of failing to transition to cleanenergy. Massive amounts of cleanenergy generation and storage projects are backlogged in PJM. foothold.
CleanEnergy. As the state transitions off fossil fuels, the importance of building a reliable and robust cleanenergy grid continues to increase. The Legislature also passed two budget trailer bills, AB 205 and AB 209 , to provide financial resources to effectuate the state’s cleanenergy goals.
BloombergNEF calculated Citi’s 2022Energy Supply Banking Ratio (that is, financing for low-carbon projects and companies compared to financing for fossil fuel activities) at 0.6:1. C above pre-industrial levels.
The White Rock Wind Project will consist of a total of 51 Vestas turbines with construction expected to begin in late 2022 and a target commercial operation date in the second half of 2023. The post Oklahoma’s White Rock Wind Project to Generate 300 MW of CleanEnergy appeared first on Environment + Energy Leader.
Done right, a transformative shift to cleanenergy can also be a tremendous boon to community well-being, public health, and the economy. As a major emitting nation, we in the United States have a responsibility and an opportunity to reduce climate pollution, which will require swift, committed action by every sector of the economy.
Recent analysis from the Haas School of Business finds “that over recent years, utilities have earned sizeable regulated rates of return on their capital assets, particularly when set against the unprecedented low interest rate environment from 2008–2022. Right now, we now need to focus on passing Proposition 4 this November.
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