Over $12M allocated for energy efficiency, clean energy projects in eighth round of DOE awards

The 35 grantees announced Aug. 28 will use the funds for projects that include conducting energy assessments and installing EV charging stations, the U.S. Department of Energy said.

New York cannot afford nuclear power and must not slow down its Climate Act

Claims that small modular reactors will provide cheaper, safer and faster nuclear energy remain unproven, echoing the same empty promises that led to past failures. 

PJM capacity prices could jump 157% in next auction: Morgan Stanley

While prices could hit a $695/MW-day cap, relatively small changes in new supply in the December auction could produce large swings in the outcome, analysts said.

Pennsylvania state senator to propose loan fund to spur new power plants

The Pennsylvania Baseload Energy Development Fund would be modeled after a $5 billion loan fund in Texas.

US wind energy investment soars while solar stagnates: BloombergNEF

While solar companies struggle to find investors, interest in wind and geothermal projects is booming, according to analysis by BloombergNEF.

First national US green bank launches with IRA funding

The Coalition for Green Capital said it’s open for business and seeking to build a U.S. network of green banks that will mobilize capital for clean energy.

Meta inks geothermal deal with Sage Geosystems to power data centers

The deal will provide up to 150 MW and be the first use of next-gen geothermal energy east of the Rocky Mountains.

Getting real about reliability in PJM

The July capacity auction for the 2025/26 delivery was the first auction in over five years that sent a message to power suppliers: We need you to stay, and we need you to bring some more friends.

Interregional power transfer capability ranges from 1% to 92% across North America: NERC

Total import capabilities between transmission planning regions also vary depending on the season, the North American Electric Reliability Corp. said Tuesday.

State, local building energy codes get makeovers with over $240M from US DOE

Nineteen states and localities, including Seattle and New York City, got grants announced Tuesday by the Department of Energy. The agency encouraged more communities to apply by Sept. 13 for a second round of funding.

Better grid edge visibility is key for load forecasting, cost control: Heatmap Labs panel

Advanced metering infrastructure is already enabling more effective distribution grid operation and planning, but regulatory support and proactive utility investment is needed now, panelists said.

Market headwinds force LG Energy Solution, others to pause EV manufacturing projects

Financing woes, soaring material prices and waning demand are causing auto and battery makers to delay projects, even those that have already started.

US clean energy jobs grew 4.2% in 2023: DOE

The U.S. added clean energy jobs at more than twice the rate of the broader economy, according to the Department of Energy.

Solar cell manufacturer halts $400M Colorado plant

Meyer Burger planned to convert an Intel semiconductor plant in Colorado Springs into a solar cell facility.

Uber taps former Tesla exec to oversee sustainability strategy, shift to EVs

Rebecca Tinucci, previously Tesla’s head of charging, will oversee the ride-share giant’s transition to becoming an emissions-free mobility platform by 2040.

DOT awards $521M in EV charging grants amid slowing sales growth

The number of public electric vehicle chargers in the U.S. has doubled during President Biden’s term, with about 1,000 being added each week, according to the Department of Transportation.

California targets up to 2 GW of long-duration storage as part of 10.6 GW clean energy procurement

The procurement also includes up to 1 GW of geothermal energy that can be commissioned between 2031 and 2037 and 7.6 GW of floating offshore wind that can be commissioned between 2035 and 2037.

Slow renewables asset market could pick up in second half of 2024: LevelTen Energy

Renewable energy project acquisitions slowed considerably last year. Although the market appears to be picking up, some trends are likely permanent, LevelTen’s vice president of M&A solutions says.

Clean energy groups push for more interconnection reforms ahead of FERC workshop

They called for fast-track processes that would give construction-ready projects access to existing and planned interconnection capacity, among other things.

$66M available for energy efficiency projects in third round of DOE awards

Fifteen states and two U.S. territories are receiving funds for revolving loan programs facilitating energy efficiency audits, upgrades, retrofits and measures to enhance building comfort, the Department of Energy said.

Avangrid, Schneider Electric among first cohort chosen for cleantech initiative

The program will address barriers building owners face when implementing new decarbonization technologies, such as performance uncertainty and integration challenges.

Natron Energy to build $1.4B sodium-ion battery plant in North Carolina

The plant is expected to produce 14 GW of sodium-ion batteries at full capacity, increasing Natron’s production by more than 40 times its current capacity.

ERCOT successfully navigates heat wave, new peak demand record

Thousands of megawatts of new solar, wind and battery storage have helped keep the grid reliable this summer, said Electric Reliability Council of Texas officials.

Carrots, sticks or both: State efforts to combat anti-renewables NIMBYs

In pursuit of zero-emissions electricity goals and tax windfalls from utility-scale renewables, states are taking a range of approaches to disarm opponents.

Southwest Power Pool seeks FERC OK to delay 2024 interconnection queue process

The delay would give SPP time to finish studying and restudying interconnection clusters going back to 2018, the grid operator told the Federal Energy Regulatory Commission.