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July 27, 2024

Generation & Fuels

DOE
California Reaches Funding Agreement to Launch Hydrogen Hub

California became the first state in the U.S. to officially launch a hydrogen hub, with the announcement of a funding agreement with the Department of Energy.

Max Planck Institute for Plasma Physics
Report: Companies Say Fusion will be Online by 2035
About 45 companies worldwide are in the race to develop commercially viable nuclear fusion technology and almost half of them expect to deliver power to the grid somewhere between 2031 and 2035.
Shutterstock
NY Kicks off 5th Offshore Wind Solicitation
Gov. Kathy Hochul announced the opening of the state’s fifth offshore wind solicitation, a competitive process to be overseen by the New York State Energy Research and Development Authority.
NREL
Reports Examine Economics of Clean Hydrogen
New reports conclude offshore wind could be a viable way to power clean hydrogen production, but clean hydrogen is not a cost-effective fuel for power generation.
Inside EVs
Fuel-cell Vehicle Sales Plummet in 1st Half of 2024
Sales of electric vehicles in the U.S. are showing some signs of recovery, while the market for hydrogen fuel cell vehicles has practically collapsed.
EIA
Report Looks at Root Causes of Electric Rate Hikes
A new report says residential electric rates have been rising at a pace less than inflation in most states since 2010 and the clean energy transition is not driving the increase. 
International Renewable Energy Agency
IRENA Says World Needs to Build Renewables Faster
Installed capacity of renewables rose 14% in 2023, the largest one-year jump this century and much higher than the 10% compound annual growth rate from 2017-2023. 
Shutterstock
3 OSW Proposals Submitted to NJ
One of the proposals contains a rebid of a project that already holds a New Jersey contract
NET Power
Startups: Market Will Move New Cleantech Regardless of Election Outcome
Questions from energy reporters at a USEA briefing on emerging cleantech shifted the focus to what will happen to U.S. energy policy if Donald Trump is re-elected president.
CEC
Calif. Agency OKs Plan to Meet Ambitious Offshore Wind Goals
The California Energy Commission approved a strategic plan that details how the state can reach its goals of 5 GW of offshore wind power by 2030 and 25 GW by 2045.

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