November 2, 2024

Department of Energy

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BNEF Summit: Oil, Gas Execs Argue for Key Role in Energy Transition
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. 
Shutterstock
The Future of Natural Gas with Growing Demand and Climate Targets
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
BNEF Summit Focuses on Financing Energy Transition, Fast and Slow
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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Northeast States Apply for Federal Money for 2 Tx Projects
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.
DOE
DOE Issues Transmission Interconnection Roadmap
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
DOE Report Highlights Benefits of Advanced Grid Technologies
Advanced grid technologies can help expand the grid quickly and relatively cheaply, according to a new report from the U.S. Department of Energy.
Senate ENR Committee
Granholm Defends DOE’s 2025 Budget at Senate Hearing
Energy Secretary Jennifer Granholm defended her department’s $51 billion budget proposal for FY25 before hostile Republicans on the Senate Energy and Natural Resources Committee.
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DOE Releases New Efficiency Standards for Light Bulbs
The Department of Energy has released finalized energy efficiency standards for “general service lamps," which include the most common types of commercial and residential light bulbs.
Versant Power
DOE’s Final Transformer Efficiency Rules Seek to Ensure Stable Supply Chain
The U.S. Department of Energy finalized energy efficiency standards for distribution transformers to increase grid efficiency and save $824 million annually. 
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DC Budget Woes Threaten District’s Home Electrification Program
The D.C. Council has approved a bill aimed at electrifying 30,000 low-income homes across the district by 2040, but a fight is brewing over funding for the program.

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