renewable energy cost News
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DOE Announces $131 Million to Supercharge America's EV Battery Supply Chain
The U.S. Department of Energy this week (Jan 18) announced more than $131 million for projects to advance research and development in electric vehicle batteries and charging systems, and funding for a consortium to address critical priorities for the next phase of widescale EV commercialization. The advanced battery consortium will work towards developing advanced technologies that will ...
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CHP Re-imagined - Fueling a Greener Tomorrow
Introduction: In an era where energy efficiency and carbon footprint reduction are paramount, Combined Heat and Power (CHP) technology stands out for its remarkable fuel efficiency and lower carbon emissions. Historically, the primary function of CHP has been to provide continuous supplies of electricity and heat, achieving efficiencies of around 90% – significantly higher than traditional ...
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Benefits of Heat Pumps Detailed in New NREL Report
Millions of U.S. households would benefit from heat pumps, but the cost of installing the technology needs to come down to make their use a more attractive proposition, according to researchers at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL). The findings, detailed in the journal Joule, quantify the costs and benefits of air-source heat pumps across the United ...
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MISO's 2023 Value Proposition Estimated at Nearly $5 Billion
MISO estimates that it delivered nearly $5 billion in benefits to its operating region in 2023, continuing to build upon its vision to be the most reliable, value-creating regional transmission organization."The electric industry is facing extremely complex challenges, and MISO continues to deliver exceptional value to help our members and states achieve their goals," said MISO's Chief Executive ...
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DOE Announces $34 Million to Improve Grid Reliability, Resiliency, and Security
The U.S. Department of Energy this week announced $34 million for 12 projects across 11 states to strengthen and modernize America’s aging power grid through the development of cost-effective, high-speed, and safe undergrounding technologies. Through the Grid Overhaul with Proactive, High-speed Undergrounding for Reliability, Resilience, and Security (GOPHURRS) program, the selected projects will ...
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New Study Shows Clean Energy Transition Thrives in 2023, Boosted by Federal Policies
U.S. clean energy sectors demonstrated their resiliency in 2023, with both mature and emerging decarbonization solutions seeing growth despite higher interest rates and supply chain difficulties. This strong performance by clean energy sectors is bolstered by a suite of federal policies that provide clear market signals to invest, according to the 2024 Sustainable Energy in America Factbook ...
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Wärtsilä to deliver one of Scotland’s largest energy storage systems to Zenobe with Quantum High Energy
Technology group Wärtsilä will supply a 300-megawatt (MW) / 600-megawatt hour (MWh) energy storage system under an Engineered Equipment Delivery (EEQ) contract to Zenobe, an electric vehicle fleet and battery storage specialist, in Kilmarnock, Scotland. This is the second energy storage system Wärtsilä is delivering to Zenobe, and it will be one of the largest in Scotland to ...
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