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September 2, 2024

Generation & Fuels

© RTO Insider LLC
IPF24: New York Starts Another OSW Rebound
The leader of New York state's offshore wind initiative told the 2024 International Partnering Forum that the state is pushing forward after its setbacks and so should the industry. 
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IPF24: Offshore Wind Sector Leaders Emphasize Tailwinds
The headline session of the 2024 International Partnering Forum veered heavily toward celebration and optimism for the U.S. offshore wind energy sector.
EPA
EPA Power Plant Rules Squeeze Coal Plants; Existing Gas Plants Exempt
Coal-fired power plants nationwide will either have to close by 2039 or use carbon capture and storage or other technologies to capture 90% of their emissions by 2032 under EPA’s long-awaited final rule.
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Interior Announces Updated OSW Regs, Auction Schedule at IPF24
The Department of Interior has set a new five-year schedule for as many as a dozen new offshore wind energy lease auctions and finalized an update of its regulations for renewable energy development in U.S. waters. 
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Forum: Innovation Key to Advance NJ Offshore Wind
Innovation and in-state project development will be key to New Jersey’s offshore wind future as the state advances its initiative to create an offshore power center that can connect to homes and businesses onshore, according to speakers at the Wind Institute Research Symposium.
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BNEF Summit: Oil, Gas Execs Argue for Key Role in Energy Transition
A series of presentations and panels at the BloombergNEF Summit provided a measure of the industry’s success in crafting a narrative based on a balanced and well-paced transition that includes cutting egregious emissions and scaling carbon capture and storage technologies. 
The White House
Biden Announces $7B in IRA Funds for Low-income Solar
President Joe Biden announced $7 billion in funding from the Inflation Reduction Act, to be used by states and nonprofits across the country to install solar in low-income and disadvantaged communities. 
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Mass. AGO, DOER Call for Climate Guardrails on Everett LNG Contracts
The Massachusetts AGO and DOER expressed concern about the climate effects of proposed utility supply contracts to keep the Everett LNG import facility operating until 2030. 
Albany Port District Commission
NY Offshore Wind Plans Implode Again
Three provisional contracts totaling 4 GW and constituting the entire result of New York's third offshore wind solicitation have been cancelled. 
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The Future of Natural Gas with Growing Demand and Climate Targets
A DOE report on resource adequacy says firms investing in natural gas capacity could be retrofitted with carbon capture and storage, or the ability to burn clean hydrogen.

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