September 30, 2024

Renewable Power

South Fork Wind
Treasury Department Releases Guidance on 45X Credit for Manufacturing
The Treasury Department has released guidance on its 45X tax credit for clean energy manufacturing, which is meant to help spur domestic production of batteries, solar, wind, and minerals.
Lawrence Berkeley National Laboratory
Study Finds 11% Dip in Housing Prices Near Wind Turbines
A new Berkeley Lab study finds that sale prices temporarily decrease for property located within a mile of newly announced and newly built utility-scale wind projects.
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House Democrats Introduce Bill to Spur Interregional Transmission

A bill introduced by House Democrats would grant FERC numerous new authorities over interregional transmission in a bid to spur large projects and increase the flow of renewable energy across state lines.

LEEDCo
Pioneering Lake Erie OSW Plan Placed on Hold
The Lake Erie Energy Development Corp. announced that Icebreaker Wind has become financially untenable.
BOEM
BOEM Backs 10 Fewer Turbines for Sunrise Wind
The Bureau of Ocean Energy Management issued its final environmental impact statement for Sunrise Wind, endorsing an 11% reduction in the number of wind turbines for technical and environmental reasons.
BOEM
BOEM to Auction Wind Energy Areas in Central Atlantic
Federal regulators announced a planned auction of wind energy leases off the Delaware and Virginia coasts in 2024.
Rhodium Group
Industry Considers Building its Own Generation to Decarbonize
Industrial decarbonization is lagging the effort in the power sector and transportation, and many companies are considering directly linking big industrial demand with clean energy.
Long Island Power Authority
New York Issues Expedited Renewable Energy Solicitations

New York is moving quickly to keep its renewable energy development queue viable, launching solicitations for new onshore and offshore large-scale projects.

EDF Renewables
COP28: 118 Countries Pledge to Triple Renewables to 11,000 GW by 2030
Renewables pledge calls for ending investment in new coal-fired power plants, "which is incompatible with efforts to limit warning to 1.5°C.”
Shutterstock
Massachusetts Gives Itself Good Grades in Climate Report Card
Massachusetts's first-ever "Climate Report Card" found that all of the state’s sectors are “on track” for their 2025 decarbonization targets. 

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