policy
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Electrification
U.S. Power Sector Trade Groups Flag Critical Electrical Steel Crunch
Nine trade groups—including four representing the power sector—have urged the Biden administration to prioritize actions that support the domestic production of electrical steel, warning that shortages are contributing to “significant and persistent” supply chain challenges. The groups, which include the Edison Electric Institute (EEI), the American Public Power Association (APPA), the National Rural Electric Cooperative […]
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Commentary
U.S., European Legislation Puts Real Muscle into Clean Energy, Decarbonization, and Job Creation, but Must Evolve to Keep Up with Demand
COMMENTARY With the passage of the Inflation Reduction Act (IRA) in December, the U.S. put some real financial muscle behind efforts to combat climate change and incentivize renewable energy with $370 billion in loans, grants, and tax credits to spur clean energy technology development, manufacturing, and job creation. Once the full potential of the bill […]
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History
Why Constellation Energy, a Nuclear-Heavy Giant, Is Primed for Power Futurity
Spun out of Exelon Corp. a year ago, Constellation Energy’s competitive generation and customer-facing energy businesses represent a new power company paradigm that conforms to decarbonization. But the company that today holds the largest nuclear fleet in the U.S. will still face a unique array of challenges.
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Commentary
Why Solar Parks Are in Desperate Need of Good Publicity
Americans have much to gain from having a solar project installed in their local community, but their relationship with solar energy is hardly a love affair. The infamous NIMBY (not in my backyard) phenomenon
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Legal & Regulatory
Common Mobility Tax Mistakes in the Energy Sector and How to Avoid Them
As international travel picks up, energy corporations are turning to mobile employees to fulfill their international staffing needs. However, as mobile work gains steam, tax and compliance risks continue to grow as well—unbeknownst to most corporate leaders. Many businesses, unfortunately, are failing to set up an adequate plan to protect against tax violations in the […]
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Hydrogen
Nuclear, Hydrogen, CCUS Part of at Least 42 Country Ambitions
At least 42 nationally determined contributions (NDCs) submitted under the Paris Agreement as of December 2021 indicate governments plan to utilize carbon capture and storage (CCS), hydrogen and ammonia, and
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Offshore Wind
Dramatic Innovation-Driven Ramp Up of Floating Offshore Wind Anticipated by 2030
A drumbeat of floating offshore wind–related developments this year suggests the pipeline for the long-nascent wind technology sub-sector may be finally beginning to grow. While floating wind’s current
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Legal & Regulatory
UK Leans Heavily on Nuclear in Bold New Energy Strategy
A long-awaited energy strategy published by the UK government on April 6 lays out bold commitments that tackle Great Britain’s multi-pronged challenges, including achieving net-zero carbon emissions while
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Hydrogen
ACES Delta’s Giant Utah Salt Cavern Hydrogen Storage Project Gets $504M Conditional DOE Loan Guarantee
The Advanced Clean Energy Storage Project, a much-watched project under development in Delta, Utah, that is shaping up to be the largest renewable hydrogen energy hub in the U.S., has garnered a conditional commitment for a $504.4 million loan guarantee from the Department of Energy’s (DOE’s) federal loan guarantee program. The conditional loan guarantee commitment […]
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Nuclear
DOE Poised to Issue Guidance Document for Civil Nuclear Credit Program
The Department of Energy (DOE) will next week kick off its much-watched $6 billion Civil Nuclear Credit (CNC) program to bolster the existing U.S. nuclear fleet by issuing a guidance document that will set down criteria for a combined certification and a sealed bid auction process. The agency said in an April 6 update the […]