Category / Industry News

Kelly Sims Gallagher, Tufts University President Joe Biden’s new climate strategy, announced after his original plan crumbled under opposition in Congress, will represent a historic investment in clean energy technology and infrastructure if it is enacted. But it is still not likely to be enough to meet the administration’s emissions reduction goals for 2030. As…

Contributed by Jens-Peter Lux, Managing Director of DMT GROUP When we think about innovation in renewable energy, it’s easy to assume that the materials and breakthroughs of human design hold the greatest potential to power the green revolution. From battery storage technologies that run on compressed air, to next-generation materials that conduct or store energy…

Follow @EngelsAngle</scrip Solar deployments in the U.S. could increase by 44% over the next decade if Congress chooses to fully fund and extend the investment tax credit, a new report finds. The report by Wood Mackenzie assesses the impact of the proposed ITC extension within the budget reconciliation package, which includes $555 billion for clean…

Follow @EngelsAngle</scrip Supported by funding from the U.S. Dept. of Energy, the Idaho National Laboratory will research microgrid technologies that can reduce greenhouse gas emissions and provide enhanced grid resiliency. The Net-Zero Microgrid program aims to accelerate the removal of carbon-emitting technologies, leveraging the expertise and platforms in INL’s Energy Systems Laboratory and its nuclear…

Contributed by Shuli Goodman, executive director of LF Energy  This past summer, one in three Americans experienced the future of climate change and its repercussions of extreme weather, including hurricanes, floods, droughts, heat domes, and wildfires that now make summer the most dangerous season on earth. In fact, climate change has helped drive a fivefold…

Follow @EngelsAngle</scrip PSEG and Ørsted have submitted several joint proposals for offshore wind transmission projects in New Jersey, the companies announced. The companies call the group of proposals “Costal Wind Link,” which would support New Jersey’s offshore wind goal of 3.5 GW by 2030 and 7.5 GW by 2035. The proposals were submitted into the…

Contributed by Gavin Peavoy, Managing Director – Americas at NES Fircroft The energy sector is in the middle of a major transformation. Governments around the globe are putting pressure on companies to decarbonize, with a goal of reaching net-zero greenhouse gas emissions by 2050. Big oil giants including BP, Shell, and most recently Chevron, have publicly…

Follow @EngelsAngle</scrip Even in the absence of government subsidies, certain renewable energy technologies remain cost-competitive with conventional generation technologies like gas peaking, nuclear, coal, and gas combined-cycle, according to a new report. The report from global asset management firm Lazard compares the levelized cost of energy (LCEO) of certain renewable energy technologies with conventional generation…

Follow @EngelsAngle</scrip The Biden administration announced plans Thursday to explore commercial offshore wind development in new areas off the Carolinas and the Gulf Coast, while the review of a proposed wind farm offshore Massachusetts is underway. The U.S. Dept. of the Interior will propose a lease sale for wind energy development in the Carolina Long…

Follow @EngelsAngle</scrip The Biden administration released details Thursday of a pared-down, but still historic, budget bill that includes sizeable investments in climate change mitigation and renewable energy. In total, the latest ‘Build Back Better’ budget reconciliation framework stands at $1.75 trillion, with $555 billion for the climate and clean energy — the largest investment ever…