FERC & Federal
The Federal Energy Regulatory Commission is an independent regulatory agency that oversees the transmission of electricity, natural gas and oil in interstate commerce, as well as regulating hydroelectric dams and natural gas facilities.
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The U.S. could save $35 billion by 2031 by immediately eliminating fossil fuel tax preferences, according to a line item in President Biden’s 2022 budget.
U.S. Department of Energy Collegiate Wind Competition
Student presentations began this week in the U.S. DOE’s Collegiate Wind Competition, which will finish up with an awards ceremony on June 11.
BloombergNEF
State officials currently pursuing offshore wind projects said they need additional federal help on transmission planning.
The Biden administration is taking a whole-of-government approach to meeting its goal to deploy 30 GW of OSW by 2030, a top federal energy official said.
California’s goal of 100% renewables by 2045 makes a suggested offshore wind development target of at least 10 GW insufficient, a major developer said.
Speakers on an ARPA-E Innovation Summit panel agreed that the transition to renewable energy will require an interconnected nationwide grid.
BOEM is looking for manpower and increased efficiencies to handle the offshore wind permit applications expected, an official told Reuters.
A FERC technical conference brought together a group of New England regulators, ISO-NE executives and the chair of the NEPOOL Participants Committee.
The Biden administration announced plans to offer leases for California’s first offshore wind areas, plots big enough for 4.6 GW of generation.
The Biden administration’s climate goals and a new investment tax credit has U.S. offshore wind developers and prospective lenders bullish about the future.
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