December 24, 2024

Renewable Power

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.
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. 
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.
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.
EVgo
LPO Announces $1.25B Loan to Help EVgo Install 7,500 Fast Chargers
EVgo CEO Badar Khan said expanding the availability of fast chargers is “a key ingredient to the long-term competitiveness and sustainability of the U.S. automotive industry."
BOEM
BOEM Sees Renewed Interest in Gulf of Mexico OSW
Requests that two developers submitted this year have prompted BOEM to start planning a 2026 offshore wind auction in the Gulf of Mexico.
Verogy
Solar Industry Presents Policy Agenda for Trump, Congress
The U.S. solar industry is embracing priorities of the incoming Trump administration as it seeks to preserve the momentum it built during the Biden administration.
Intersect Power
Google Aims to Co-locate New Data Centers with Clean Power Projects
"Deep, collaborative partnerships combined with creative problem-solving are the only way we can meet the explosion of AI growth, as well as society's accelerating electricity demand," said Sheldon Kimber, CEO of Intersect Power.

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