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EPA
Coal-fired power plants nationwide will either have to close by 2039 or use carbon capture and storage or other technologies to capture 90% of their emissions by 2032 under EPA’s long-awaited final rule.
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The Department of Interior has set a new five-year schedule for as many as a dozen new offshore wind energy lease auctions and finalized an update of its regulations for renewable energy development in U.S. waters.
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Innovation and in-state project development will be key to New Jersey’s offshore wind future as the state advances its initiative to create an offshore power center that can connect to homes and businesses onshore, according to speakers at the Wind Institute Research Symposium.
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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.
The White House
President Joe Biden announced $7 billion in funding from the Inflation Reduction Act, to be used by states and nonprofits across the country to install solar in low-income and disadvantaged communities.
Shutterstock
The Massachusetts AGO and DOER expressed concern about the climate effects of proposed utility supply contracts to keep the Everett LNG import facility operating until 2030.
Albany Port District Commission
Three provisional contracts totaling 4 GW and constituting the entire result of New York's third offshore wind solicitation have been cancelled.
Shutterstock
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
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.
Bureau of Land Management
The New Jersey Board of Public Utilities approved eight solar projects in its second solicitation for grid-scale projects, nine months after declining to support any bids in the first solicitation due to cost.
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