carbon capture and storage (CCS)
Entergy Arkansas and Invenergy
Entergy said it can tackle industrial load growth with new solar, carbon capture technology at new and existing gas plants and by possibly bringing new nuclear capacity into the mix.
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The Union of Concerned Scientists' paper argues the electric industry should focus on expanding renewable energy aided with storage rather than keeping natural gas plants running with hydrogen, biomethane or carbon capture and storage.
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ERCOT, MISO, PJM and SPP filed a joint brief in the appeal of EPA’s power plant rule seeking more flexibility on compliance, arguing it is needed to ensure reliability.
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The Edison Electric Institute has joined the litigation against EPA’s power plant rules under Clean Air Act Section 111, filing its own petition to review the rules and intervening in existing suits.
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.
© RTO Insider LLC
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.
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.
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The U.S. Department of Energy announced $6 billion in funding for 33 projects that are meant to help decarbonize difficult-to-abate, energy-intensive industries.
Minnkota Power Cooperative
Coming on the heels of COP28 in Dubai - and its weak call for a reduction in fossil fuel use - some researchers and advocates continue to argue that the normalization of CCS will simply prolong the burning of fossil fuels and the emissions they produce.
FERC
FERC hosted a senior EPA staffer and heard from the industry and states on how the environmental regulator's latest proposal to cut carbon emissions from power plants will impact grid reliability as it is implemented.
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