Diana Digangi

It’s the largest virtual power purchase agreement by a U.S. city and the first time a city will use one to offset residential carbon emissions, according to deal broker Sustainability Roundtable.

The bill is similar to legislation Tonko introduced in 2022, but with alterations including the establishment of federal offshore wind permitting goals.

The Inflation Reduction Act could generate $2.7 trillion in U.S. economic benefits from 2025 to 2035, says a report commissioned by the American Clean Power Association.

Utility industry news and analysis for energy professionals.

“Researchers estimate that up to 30% of the total U.S. recycling capacity for copper and aluminum in 2021 could be occupied by wind energy systems by 2040,” according to a Monday report.

From rising electricity prices and demand to emerging opportunities and challenges around nuclear energy, virtual power plants, renewables and more, we’ve highlighted nine of the most important issues for the year ahead.

They're “the most important clean energy tax credits ever enacted,” said Brad Townsend, vice president of policy and outreach at the Center for Climate and Energy Solutions.

Some 10% of the clean energy needed for the U.S. to reach net zero emissions could be sited on federal land, according to a report from the National Renewable Energy Laboratory.

The request for proposals offers award amounts up to $800,000 for submissions from domestic manufacturers of small and medium-sized wind turbines.

The orders pause wind lease sales and permitting on federal lands while taking steps to accelerate other forms of energy production.