In December 2023, the Long Island Power Authority (LIPA) in New York approved two large-scale battery energy storage system (BESS) projects developed by Key Capture Energy (KCE). This approval marks a significant move towards reinforcing the energy infrastructure and aligning with New York's
A major scandal has rocked the energy industry as the Federal Energy Regulatory Commission (FERC) has sanctioned a substantial penalty on American Efficient, amounting to a staggering $722 million and additionally mandated the return of $253 million in unjust profits. The penalties stem from the
The European Union's (EU) taxonomy for sustainable activities, instituted in 2020, represents a comprehensive framework designed to define and promote sustainability across multiple economic sectors. By setting the foundation for substantial shifts in climate change mitigation and adaptation, the
Electric vehicles (EVs) have shown remarkable growth in the United States, particularly in the third quarter of 2024. With EVs and hybrids constituting a substantial 21.2% of new light-duty vehicle sales, their market share has noticeably increased from the previous quarter's 19.1%. What stands out
The integration of innovative funding mechanisms plays a crucial role in the deployment of heat pump water heaters (HPWHs), encapsulated by initiatives such as TECH Clean California. With the primary goal of accelerating the adoption of space heat pumps and HPWHs statewide, this initiative aligns
In a landmark decision that promises transformative changes to the Midwest's electrical infrastructure, the Midcontinent Independent System Operator (MISO) board has approved an ambitious $21.9 billion long-range transmission plan. This crucial move aims to revitalize and enhance the region's grid
The power grid is on the brink of a significant transformation, facing challenges that exceed its original design and capabilities. Traditional solutions focused on infrastructure expansion are proving inadequate in the face of rising complexities and growing demands. The need for rapid,
The world is racing to reduce emissions and move to clean energy. Organizations are rethinking their efforts, and considering new approaches and technologies, and consumers are increasingly demanding greener solutions with a sustainable impact. Small Modular Reactors (SMRs) are becoming a key focus
The role of hydrogen in decarbonizing hard-to-abate sectors such as steel, cement, and chemical production has become increasingly critical. These industries are among the most challenging to transition to low-carbon operations and are projected to be the largest sources of greenhouse gas emissions
The state of Texas has become a symbol of grid instability, suffering significant power outages during extreme weather events. These outages have resulted in casualties and substantial disruptions, highlighting the urgent need for improved grid resilience. Distributed Power Plants (DPPs) offer a
