The energy sector is undergoing a dramatic evolution, driven by the need to integrate renewable energy sources and embrace smart grid technologies. This modernization is essential for achieving sustainability and enhancing efficiency, but it also introduces new vulnerabilities that make
In a bid to promote long-term, responsible offshore wind energy development in the United States, Rep. Paul Tonko has introduced an updated version of the Offshore Energy Modernization Act in the House of Representatives. This new bill not only mirrors the legislation proposed by Tonko in 2022 with
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
North America is facing a potential energy crisis over the next decade, driven by surging electricity demand coupled with the retirement of power generators. The North American Electric Reliability Corp. (NERC) has highlighted this pressing issue in its Long-Term Reliability Assessment (LTRA) for
The renewable energy landscape continues to evolve with innovative projects like Clearway Energy Group's latest solar-plus-storage initiative. With a strategic focus on integrating solar power and battery storage, this project not only underscores renewable energy gains but also addresses grid
