Category: Energy Economics

March 10, 2023

The U.S. Department of Energy (DOE) announced approximately $6 billion in funding to accelerate decarbonization projects in the energy-intensive industrial sector. The industrial sector’s emissions result not just from fuel for heat and power, but also from feedstocks and processes […]

February 17, 2023

The US clean energy industry installed 9.6 GW of utility-scale solar, wind and battery storage in the fourth quarter of 2022, the lowest fourth quarter result since 2019, the American Clean Power Association (ACP) said on Thursday. Full-year clean energy […]

January 24, 2023

The European Green Deal is one of the world’s most ambitious climate policies to usher the European Union into the net zero economy by 2050. To happen, it will require a massive ramp up of technologies from wind turbines to […]

December 16, 2022

Manufacturers should consider seeking Section 48C Advanced Energy Project Credit allocations, recently provided by the Inflation Reduction Act, with guidance coming out in February 2023. Capped at $10 billion, this is a competitive tax credit program that effectively acts as […]

November 15, 2022

The U.S. and other countries have announced a $20 billion financing plan to help Indonesia more quickly shutter the country’s coal-fired power plants and decarbonize its power generation sector. “We’ve built a platform for cooperation that can truly transform Indonesia’s […]

October 31, 2022

A settlement has been reached on protections tied to an offshore wind project in Virginia, stakeholders wrote in a filing to state regulators. Dominion Energy Virginia, the utility developing the 2.6 GW Coastal Virginia Offshore Wind project, said the settlement […]

October 18, 2022

The U.S. government has announced the first-ever sale of offshore wind development rights off the California coast. The Dept. of Interior (DOI) on Oct. 18 said it would hold the event on Dec. 6, in an effort to spur industry […]

September 27, 2022

The U.S. Department of Energy (DOE) announced a nearly $4.9 billion set of funding opportunities aimed at bolstering investments in the carbon management industry and to reduce carbon dioxide (CO2) emissions through power generation and industrial operations. The funding from […]

September 8, 2022

The forecast for U.S. solar energy installations in 2022 have been revised downward in a report published by Wood Mackenzie and the Solar Energy Industries Association (SEIA) on Sept. 8, due in large part to supply chain constraints and an […]

September 7, 2022

San Francisco-based Aurora Solar said that 10 million solar sites worldwide have been designed with its platform. The milestone doubles the 5 million mark the company said it reached in April 2021. The cloud-based platform uses data, automation, and AI […]

September 6, 2022

A few months ago, seemingly every conversation in the solar industry included at least a mention of one divisive topic: the Auxin Solar tariff petition. The Department of Commerce’s investigation of Auxin Solar’s claims that solar modules imported from Vietnam, […]

August 31, 2022

Fossil-fueled peaker power plants, once embraced by utilities for their rapid response capabilities, have entered a new moment in time. Peakers are the power plants that fire up during high peaks of electricity demand, and they are often the dirtiest […]

August 8, 2022

The clean energy industry celebrated a moment on August 7 that would have seemed impossible just a few weeks earlier: The Senate passed a budget measure that includes the largest investments in clean energy and climate change in U.S. history. […]

July 25, 2022

More than $8 billion in loans for residential solar and efficiency improvements have been financed on the Mosaic platform, a milestone achievement for the Oakland, California-based company. Mosaic has funded approximately $1 billion in loans per quarter this year and […]

June 30, 2022

“An important part of the solution to today’s energy crisis may lay with our oceans as a source of local and abundant renewable energy”, said Roland Roesch, Deputy-Director of IRENA’s Innovation and Technology Centre, at the fourth meeting of the […]

June 28, 2022

Intersect Power has announced a $750 million growth equity investment to accelerate the development of its clean energy and energy storage portfolio. The investment supports Intersect Power’s focus on shorter tenor offtake contracts combined with large-scale battery storage and new […]

February 21, 2022

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. The proposed standalone investment tax credit for energy storage was […]

January 19, 2022

Environmental, social, and governance (ESG) efforts are factoring into merger and acquisition (M&A) deal activity within the power and utilities sector across North America, according to a report issued by PwC, a professional services firm serving the “Trust Solutions and […]

January 18, 2022

Renewable energy’s share of U.S. power generation continues to rise, and the percentage of electricity produced by burning natural gas and coal continues to fall, according to the latest “Short-Term Energy Outlook,” or STEO, from the U.S. Energy Information Administration […]

January 13, 2022

North America’s most competitive renewable power purchase agreement (PPA) prices rose by 5.9% from 2021 Q3 to 2021 Q4, according to the latest price index series from LevelTen Energy. Prices are trending upward for the third consecutive quarter, according to […]