Energy Update
In letters sent to leaders in Congress and the White House, energy storage executives called for renewed attention to incentives that were included in the stalled Build Back Better Act.
As pressure grows to deploy cleaner, greener power sources that will reshape the energy ecosystem, decarbonization and other megatrends – electrification, climate adaptation and energy transformation – are forcing U.S. power utilities to get more innovative to maintain reliability and resilience.
Clean hydrogen production and use must increase by 50 fold, from 10 million tons per year to more than 500 million tons per year by 2050, if U.S. decarbonization goals are to be met.
Virtual Peaker said it received a $16.6 million investment to expand beyond its distributed energy resource systems (DERMS) platform. The funding was led by Louis Bacon’s Moore Strategic Ventures (MSV), with participation from Emerson Ventures.
While gas supply failures were largely to blame for millions of Texans being left without power for a week in Feb. 2021, wind power generators didn’t escape the extreme winter storm unscathed. What lessons have been learned now two winters removed from the storm?
In this session, developers, advocates, and policymakers will discuss the future of offshore wind energy along the Pacific Coast, and how the U.S. can lead on floating offshore wind deployment.
Key Takeaways:• Analysis of the Biden administration’s offshore wind initiatives, as well as the first lease auctions for the Pacific Coast• Breakdown of West Coast supply chain buildout for offshore wind• Update of floating offshore wind technology advancements
The U.S. Department of Energy (DOE) is providing $175 million to support the research and development of "high-risk, high-impact" clean energy technology research.
Contributed by Woodrow Boles, Jr., Director of Renewables SCADA for EverLine
Import tariffs that were put in place during the Trump administration to target solar photovoltaic (PV) modules made in Canada should be removed, according to a Canada-United States-Mexico Agreement (CUSMA) dispute settlement panel.
Since the tariffs were imposed in early 2018, exports of solar products from Canada to the United States have fallen by as much as 82%, according to Canadian trade officials.
Construction is underway on a 20 MW/40 MWh behind-the-meter battery storage system at a petrochemical complex owned by Canadian oil giant Imperial.
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