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"The energy transformation will last decades, not years, which is why we are confident that investment opportunities will continue to strengthen and lengthen our rate base growth,” CEO Calvin Butler said.
The U.S. grid added a record 5,551 MW of utility-scale solar, wind and storage in the third quarter of 2023, according to a new report released Wednesday from the American Clean Power Association.
Virginia Gov. Glenn Youngkin announced a deal to start redeveloping 65,000 acres of old coal mining land in Southwest Virginia, with proposals including renewables, small modular reactors, and advanced data centers.
Federal regulators have approved the nation’s fifth and so far largest utility-scale offshore wind farm: the 2.6-GW Coastal Virginia Offshore Wind project.
The Bureau of Ocean Energy Management said the sites 47 to 82 miles off Texas and Louisiana have a potential of up to 9.27 GW.
The Department of Energy will put $1.3 billion into becoming the anchor off-taker for three interstate transmission projects totaling 3.5 GW of new transmission capacity.
As Maryland works toward some of the most ambitious emission reduction goals in the nation, PJM has warned that the 2025 closure of coal plants in the state could lead to rolling blackouts.
A Department of Energy draft report focuses on limiting speculative projects to increase system reliability and reduce cost uncertainty.
The White House and Department of Commerce announced 31 regional tech hubs, which include some aimed at furthering the energy transition, in an effort to stand up globally competitive industries around the country.
Federal regulators have designated a draft wind energy area in the Gulf of Maine, shrinking it substantially from its earlier stages and excluding a key lobster fishing area.
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