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September 3, 2024

Federal Policy

DOE
DOE Report Lays out Commercialization Path for VPPs
The Department of Energy released a report outlining how to bring more virtual power plants online, which can be a money-saving way of helping to balance the grid and maintain resource adequacy.
Atlas Public Policy/SACE
Report: Southeast Leads US on EV Manufacturing, but Lags on Sales
The Southeast Alliance for Clean Energy's report found that despite being responsible for 40% of all new investments in EV manufacturing, sales in the Southeast range from only 2.5% to 7% of vehicle sales, below the national average.
Shutterstock
Treasury Previews ‘Phase 2’ of IRA Tax Credit Rollout

Starting in 2024, consumers buying an electric vehicle that qualifies for a $7,500 tax credit under the Inflation Reduction Act.

NRDC
NRDC Lays out Responsible Tx Expansion Recommendations

The U.S. must double the number of transmission projects permitted and built each year to meet its clean energy potential, according to the NRDC.

Eos Energy Enterprises
LPO Makes $398 Million Conditional Loan to Long-duration Storage Company
Eos Energy Enterprises prides itself on procuring most of its raw materials within a day’s drive of its plants in Turtle Creek, Pa.
Shutterstock
DOE Puts Up $15.5 Billion to Retool Factories for EVs
DOE announced $15.5 billion from several sources that will help American manufacturers retool for EVs, preserving well-paying jobs in the process.
Shutterstock
DOE Announces $500M in IIJA Funds for CO2 Pipeline Buildout
DOE grants will be used to help developers make up the difference in cost between building CO2 pipelines for current demand versus projected future demand.
SouthCoast Wind
More Bad OSW News: SouthCoast Bails, Ørsted Tanks
SouthCoast Wind is on the verge of falling out of the development pipeline, having reached agreements to buy its way out of too-low power purchase agreements.
Great River Energy
DOE Announces $300M for Tx Siting, Community Development
DOE announced $300 million in grants is available to states, local governments and tribes under its Transmission Siting and Economic Development Program.
NYPA
FERC Order 2023 Gets Rehearing Requests from Around the Industry
FERC got rehearing requests on its interconnection queue reforms in Order 2023 this week from around the industry.

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