December 24, 2024

Generation & Fuels

Shutterstock
NY Well Positioned to Push Forward on Climate Goals Under Trump
Renewable energy industry analysts, representatives and environmental advocates say New York is in a better position than many others to make progress on its renewable energy goals during a second Trump administration.
ICF
Study Calculates Trillions in Economic Benefits from IRA
A new report on the Inflation Reduction Act finds that the IRA could boost the U.S. GDP by $1.9 trillion over the next decade. 
Shutterstock
Connecticut Closes the Door on 2024 OSW Procurement
Vineyard Offshore no longer plans to proceed with its bid for the 1,200-MW Vineyard Wind 2 project following Connecticut’s decision not to buy power from the project.
Blade Energy Partners/CPUC
California PUC Votes to Keep Aliso Canyon Open, for Now
California regulators voted to keep the Aliso Canyon Natural Gas Storage Facility running, saying the site of a massive gas leak in 2015 remains necessary to maintain reliability and reasonable rates.
Lawrence Berkeley National Laboratory
Berkeley Lab: Data Centers Could Need 12% of US Power by 2028
Data centers voracious appetite for electricity could spike more than threefold over the next four years, rising from 4.4% of U.S. power demand in 2023 to as high as 12% in 2028, according to the Lawrence Berkeley National Laboratory. 
Commonwealth Fusion Systems
Oklo, Commonwealth Fusion Unveil Ambitious Nuclear Plans
Two companies developing advanced nuclear technology made landmark announcements about their plans.
EMC Enineering Services
Mass. Clean Energy Trust Funds Grow amid Project Financing Challenges
As clean energy development challenges in New England have mounted over the past several years, Massachusetts agencies are facing a massive influx of alternative compliance payments from electricity suppliers to meet the state’s array of clean electricity standards.
Cheniere
DOE Warns About Further Increase of US LNG Exports
A DOE study found that increasing exports of LNG would create economic risks and cause environmental damage.
PG&E
DOE Offers $15B Loan to PG&E to Support Reliability Goals
The U.S. Department of Energy’s Loan Programs Office announced a $15 billion conditional loan commitment to Pacific Gas & Electric to improve the California-based utility’s energy infrastructure and support clean energy initiatives.
Wood MacKenzie
Strong 2025 Predicted for US Blue Hydrogen
Wood Mackenzie’s analysts expect the U.S. to solidify its position as the world’s leading producer of blue hydrogen in 2025.

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