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Rystad Energy expects capacity additions to reach 19 GW and expenditures to reach $80 billion — substantially more than the roughly 8 GW and 10 GW seen in 2024 and 2023, respectively.
A Brattle Group study found that New York could achieve 8.5 GW in “grid flexibility” measures by 2040, saving consumers more than $2 billion a year.
While the majority of IRA tax credits and incentives have gone to develop clean energy projects in Republican districts and states, House leadership leans heavily toward fossil fuel-producing states,
Another mature offshore wind project is facing financial write-downs and a potential yearslong delay in the wake of the Trump administration’s moves to shut the sector down.
Public Service Enterprise Group saw an “over-12-fold” increase in mature leads and inquiries from customers exploring “large load and data center projects” over the past year, CEO Ralph LaRossa said in the utility’s fourth-quarter earnings call.
The U.S. Energy Information Administration projects 2025 additions of 32.5 GW of solar, 18.2 GW of storage, 7.7 GW of wind, 4.4 GW of gas and 0.2 GW of all other forms of generation.
A report released in February by Aurora Energy Research has found that President Donald Trump’s executive orders have put 43 GW of East Coast offshore wind projects at risk of permitting delay.
Beacon Wind has paused its efforts to build an underwater transmission line into New York City.
The 13th edition of the BCSE Factbook comes, as always, packed with charts, figures and industry insights, many of which stand in sharp contrast to President Donald Trump’s focus on fossil fuels and U.S. energy dominance.
A more than 40% decline in New Jersey solar installation capacity from 2023 to 2024 has added to the debate over how to retool the state’s net-metering system to help advance the solar sector.
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