Electric vehicles (EVs)
BloombergNEF
The momentum created by billions of dollars in federal incentives and tax credits has been tempered by supply chain constraints and the impacts of inflation and higher interest rates.
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PJM's Planning Committee endorsed revised values for the installed reserve margin and forecast pool requirement used to calculate capacity procurement targets in the 2025/26 Base Residual Auction.
BCG
NERC warned that remaining industry “knowledge gaps” around electric vehicles and their charging systems may make it difficult for grid operators to maintain reliability.
Solar Landscape
A Senate committee endorsed a revision of how clean energy grid connections are funded and advanced bills to give tax credits to help install EV charging stations and retrofit warehouses for rooftop solar.
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House Republicans debated Democrats over the Biden administration’s industrial policy and EV subsidies and performance.
Shutterstock
The bill seeks to accelerate the installation of direct current fast chargers by giving commercial charger operators a break on rates.
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New Jersey would allocate $15 million from the current state budget for the first year of the state’s electric school bus program.
Shutterstock
As U.S. automakers pull back on plans to invest heavily in electric vehicles, claiming sales are not growing as fast as expected, the Treasury Department and Internal Revenue Service issued new guidelines on the federal tax credits for EVs that could further slow sales.
Connecticut Network
Connecticut Gov. Ned Lamont withdrew regulations that would have required all new vehicles sold in the state to be non-emitting by 2035.
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The Southern California region's supply could produce enough lithium to release the U.S. from its dependence on foreign sources of the key mineral, according to a new report.
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