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Statement from Lana Goldberg, Ontario Climate Program Manager Toronto | Traditional territories of the Mississaugas of the Credit, the Anishinaabeg, the Haudenosaunee, and the Huron-Wendat – It is irresponsible for the Independent Electricity System Operator (IESO) to be procuring new polluting gas plants in the midst of a climate crisis.
The United States has natural advantages for hydrogen production because of its ample availability of feedstocks, storage, and adaptable naturalgas supply infrastructure. Under the current permitting process for infrastructure, however, new energy projects can take years, or even decades, to get approved.
The plans differed in the mix of new energy sources (naturalgas, solar, battery storage, nuclear and wind) to replace coal and the timelines for bringing those new sources on line. The order also directs Duke Energy to further evaluate both onshore and offshore wind projects.
As reported by Utility Dive , the initial $5 billion Texas Energy Fund would fund loans to cover 60% of project costs for at least 100 MW that can connect to the Texas ERCOT grid before June 1, 2029. More than 150 proposals were received for the funding in Texas, including 41 GW of mostly naturalgas-fired generation.
cities move toward their greenhouse gas reduction goals via a cleaner national electric grid, increased vehicle and building electrification, and new distributed renewableenergy resources. The funding is set to remain available until September 30, 2029. The funding is set to remain available through September 30, 2029.
Overall, it seeks to accelerate the approval processes for energy infrastructure projects which the statute defines as including electricity transmission, renewableenergy and battery storage, geothermal, oil and gas leasing, and liquified naturalgas export terminals.
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