FirstEnergy Corp. completed its sale of an additional 30 percent ownership interest in its FirstEnergy Transmission subsidiary to Brookfield Super-Core Infrastructure Partners.
The previously disclosed deal is valued at $3.5 billion. FirstEnergy received $2.3 billion of cash proceeds at closing, ... Read More »
The U.S. Department of Energy (DOE) is awarding up to $22 million to improve planning, siting, and permitting processes for large-scale renewable energy facilities.
About $10 million of that amount will go to six state-based projects through the Renewable Energy Siting through Technical Engageme... Read More »
A bill in Kentucky that could become law soon has the utilities industry concerned, along with environmental, business, and consumer groups that say the measure favors coal interests over ratepayers.
The bill, Senate Bill (SB) 349, which is sponsored by Kentucky Senate President Robert Stivers ... Read More »
Duke Energy Progress is seeking approval from the Public Service Commission of South Carolina (PSCSC) to build and own a utility-scale solar power facility.
The proposed 76-megawatt facility would be located adjacent to the existing Robinson Nuclear Plant on the 345-acre existing site located in ... Read More »
The U.S. Treasury Department and Internal Revenue Service (IRS) provided additional information about the bonus tax credits under the Inflation Reduction Act for clean energy projects and facilities located in so-called energy communities.
Energy communities are those that have historically gener... Read More »
Focused on industries where decarbonization technologies will have the largest impact, the U.S. Department of Energy (DOE) recently announced up to $6 billion for 33 projects to decarbonize while building up domestic manufacturing.
“Spurring on the next generation of decarbonization technologi... Read More »
The Senate recently advanced a bill (S.4050) by U.S. Sens. Bill Cassidy, M.D. (R-LA) and John Kennedy (R-LA) that would allow the Federal Energy Regulatory Commission (FERC) to extend construction licenses for new hydropower projects beset by supply chain shortages.
Specifically, the bill targete... Read More »
U.S. Sen. John Hickenlooper (D-CO) and U.S. Rep. Scott Peters (D-CA) introduced legislation last week a that would expedite the siting and permitting of interregional transmission lines.
The Streamlining Powerlines Essential to Electric Demand (SPEED) and Reliability Act would change the process... Read More »
Portland General Electric recently declared intentions to join the regional California Independent System Operator’s (CAISO) Extended Day-Ahead Market (EDAM), in a bid to help lower power costs while improving its system resilience and access to clean energy resources.
Once EDAM begins operatio... Read More »
Offshore wind is projected to be a key part of the energy picture for the East Coast states, according to a new report from the U.S. Department of Energy.
The DOE’s Atlantic Offshore Wind Transmission Study, conducted by researchers from DOE’s National Renewable Energy Laboratory and Pacific ... Read More »