policy
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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 […]
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Legal & Regulatory
Former FERC Commissioner Says ‘Market Design Problem’ Was a Leading Cause of February 2021 Texas Power Crisis
In February 2021, a severe cold weather event, known as Winter Storm Uri, caused numerous power outages, derates, or failures to start at electric generating plants scattered across Texas and the south-central U.S. The Electric Reliability Council of Texas (ERCOT), which manages the power supply for about 90% of the load in Texas, ordered a […]
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International
Disorderly Transitions: Eight Enduring Global Power Sector Trends
While 2021 unfolded with some relief from the chaotic global pandemic that jolted the world in 2020, the year may be remembered for its extraordinary series of energy crises. After a cold snap prompted mass
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Cybersecurity
The Urgency of Protecting the Electric Grid from Cyberattacks
The clock is ticking to protect the electric grid from cyberattacks. Adversarial nations, terrorists, and criminal groups have been refining their techniques since before Dan Coats, director of National Intelligence, warned of America’s vulnerability to major electric grid attacks in January 2019. This followed an earlier report from Lloyd’s that a successful, coordinated intrusion could cost $1 trillion. […]
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Legal & Regulatory
Is America Ready to Take a ‘Baby Step’ Toward Carbon Pricing?
Most people recognize that carbon dioxide (CO2) is a greenhouse gas (GHG), and while not everyone agrees, a majority of climate scientists believe increasing concentrations of GHGs in the atmosphere are causing climate change on Earth. Carbon pricing is a market-based strategy for reducing CO2 emissions. The goal of carbon pricing schemes is to place […]
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News
FERC-NARUC Task Force Will Tackle Transmission Issues
Two groups concerned with issues regarding the regulation and production of U.S. electricity have announced formation of a joint federal-state task force on power transmission, an effort to better identify the costs and benefits associated with electric power projects, and support the buildout of renewable energy resources. The Federal Energy Regulatory Commission (FERC), an independent […]
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Commentary
America’s New Energy to Decarbonize Could Fuel Global Breakthroughs
The new U.S. administration’s policies could prove to be pivotal in the global fight to tackle climate breakdown. President Joe Biden signed a host of executive orders on “Climate Day” at the end of
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Commentary
Bipartisan Action, Not Litigation, Is Key to Solving Climate Change
If we plan on making real progress on beating back climate change, we’re going to have to work together. That means working across not just international borders, but party lines, aggressively pursuing realistic solutions that will make a difference. Democrats like me have always worked hard to not only be leaders on responsible environmental stewardship, […]
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POWER Podcasts
Is It Safe to Invest in Mexican Energy Projects?
In late 2013, Mexico embarked on a path to transform its energy markets. Then-President Enrique Peña-Nieto oversaw constitutional reforms that ended state-run monopolies, and opened Mexico’s power market to competition and investment from foreign and private companies. By most accounts, the policies were highly effective in spurring investments in renewable energy and efficient natural gas-fired […]
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