The recent decision to terminate contracts for the Clean Path NY project has left New York grappling with the challenge of meeting its ambitious climate goals. Spanning 175 miles, the transmission line aimed to bring nearly 5 GW of wind, solar, and hydroelectric power into New York City by 2027.
The upcoming 2024 U.S. federal election holds potential ramifications for the electric power sector, especially if Donald Trump secures a second term and Republicans take control of Congress. Significant changes may occur in areas such as electric vehicles, renewable energy, nuclear power, energy
Energy Capital Partners (ECP) is seeking approval from the Federal Energy Regulatory Commission (FERC) for a significant acquisition of power plants that could drastically alter the dynamics of the PJM Interconnection’s territory. The purchase involves four power plants totaling 5.3 GW capacity, p
In a notable stride toward sustainable energy solutions, Element Energy has launched the world's largest second-life battery energy storage facility in West Texas, utilizing 900 repurposed electric vehicle (EV) batteries. This groundbreaking facility boasts a capacity of 53 MWh and is a key
In Q3 2024, U.S. clean energy investments reached an unprecedented $71 billion, representing a 12% year-over-year increase and a 2% rise from Q2 2024, according to a report by the research firm Rhodium Group published on Thursday. This sector's investment accounted for 5% of total U.S. private
The Federal Energy Regulatory Commission (FERC) recently handed down a crucial decision involving AWS's proposal to source power directly from the Susquehanna nuclear power station. This pivotal ruling underscores the pressing need for better alignment between modern data infrastructure and
The recent announcement by the U.S. Department of the Treasury and the IRS about the finalized regulations has introduced new regulations to facilitate direct pay rules for clean energy tax credits under the Inflation Reduction Act (IRA). These new rules are set to revolutionize how local
The rapid increase in data center energy consumption, driven in large part by the growing demand for generative AI applications, has underscored the urgent need for collaboration among various stakeholders within the data center industry. Data center operators, hyperscalers, electricity providers,
The polysilicon market is on the brink of a significant transformation, poised to play a pivotal role in the future of solar energy and electronics. As a high-purity form of silicon, polysilicon is essential in the solar photovoltaic (PV) supply chain and the production of electronic components.
Plastic pollution is a growing global crisis, with nearly 10 billion metric tons of plastic produced since 1950. The versatility of plastic has led to its widespread use in various industries, but its non-biodegradable nature poses severe environmental hazards. Recycling efforts are hindered by the
