In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated, potentially impacting stakeholders across the energy sector.
Historically, transmission incentives, including CWIP, were designed to encourage investment in the nation's aging and overburdened transmission infrastructure. By allowing utilities to recover costs during the construction phase,...
A coalition of large energy consumers and ratepayer advocates has filed a complaint with the Federal Energy Regulatory Commission (FERC), urging the agency to prohibit transmission owners from independently planning "local" transmission projects exceeding 100 kilovolts (kV). The coalition argues...
Simultaneous charging of just 60,000 next-generation electric vehicles could one day threaten the Texas grid, an analysis has shown. Based on a 100-kilowatt EV battery with a 5-minute charge time, which could potentially be the standard for EVs in three or four years, demand from 60,000 cars...
In a significant move for Pennsylvania’s energy sector, State Senator Gene Yaw has introduced a transformative piece of legislation aimed at modernizing the state's approach to power plant development and capacity management. The bill, which has been the subject of considerable discussion,...
As the U.S. energy landscape shifts towards cleaner, renewable sources, stakeholders in the solar, storage, and broader clean energy sectors are intensifying their lobbying efforts in Washington, D.C., aiming to secure the future of critical tax incentives introduced under the Inflation Reduction...
In a significant shift in its renewable energy strategy, New Jersey has recently decided to cancel its plans to award a fourth offshore wind farm project. The decision marks a crucial moment in the state’s ongoing efforts to expand its offshore wind sector, which has long been hailed as a...
As the U.S. strives to strengthen its domestic renewable energy sector, ES Foundry, a new player in solar cell manufacturing, is helping to reshape the landscape. The company recently celebrated the grand opening of its cutting-edge facility in South Carolina, marking a significant step toward...
Sunnova, a prominent player in the residential and commercial solar industry, has recently announced a game-changing partnership with OpenSolar, a software company that provides a robust platform for solar installers. This new collaboration aims to leverage artificial intelligence (AI) to enhance...
As the U.S. energy landscape shifts towards cleaner, renewable sources, stakeholders in the solar, storage, and broader clean energy sectors are intensifying their lobbying efforts in Washington, D.C., aiming to secure the future of critical tax incentives introduced under the Inflation Reduction...
NuVision Solar, an American-owned and operated manufacturer of solar cells and modules, has announced its entry into the North American market. This strategic move aims to bolster domestic solar manufacturing and reduce reliance on imported solar components. Background The U.S. solar industry has...
In December 2024, the U.S. Department of Energy (DOE) announced funding to support community-led geothermal projects, aiming to enhance local energy resilience and promote equitable access to renewable energy. This initiative underscores the DOE's commitment to empowering communities in the...
