Industry News & Trends

Electric Transportation News

Whales Helping Uncover Climate Change Secrets

Whales, the majestic giants of the ocean, have long captivated human imagination. Beyond their grandeur, these marine mammals are now providing scientists with invaluable insights into climate change, offering a unique perspective on the health of our planet. Whales as Climate Change...

Public Concern About Climate Change Drops 14 Points Since Last Year: What’s Behind the Shift?

Recent data from Abacus Data reveals a significant decline in public concern about climate change, with a 14-point drop reported since the previous year. This shift prompts important questions about the factors influencing public perception of climate issues and the implications for climate policy...

Utility News

US Households Claim $8.4B in Energy Tax Credits

In a significant boost for the clean energy sector, U.S. households claimed a record $8.4 billion in tax credits for energy efficiency and clean energy improvements in 2023, according to a recent Treasury Department report. This substantial uptake of tax incentives underscores a growing commitment...

The Rise of the First National Green Bank in the U.S.

The recent launch of the Coalition for Green Capital's (CGC) first national green bank marks a significant milestone in the United States' climate strategy. This development, announced in a Utility Dive article, underscores a pivotal shift towards streamlined, scalable financing for green...

Renewable Energy News

New Jersey Halts Plans for Fourth Offshore Wind Farm Award

In a recent decision, New Jersey's Board of Public Utilities (BPU) opted to close its fourth round of offshore wind solicitations without awarding any bids, a significant step back for the state's ambitious offshore wind energy goals. This move follows a series of challenges and setbacks within the...

Eversource Exits Offshore Wind Projects: GIP Steps In

In a significant shift within the offshore wind sector, Eversource Energy has announced its exit from offshore wind projects, paving the way for Global Infrastructure Partners (GIP) to acquire a stake in two key Northeastern projects. This transition marks a notable moment in the evolving landscape...

Home News Industry News & Trends

Texas Wind Power: Steady Prices Amidst Fluctuations

This stability in the face of variable wind conditions highlights the resilience and adaptability of Texas's energy infrastructure and market dynamics.

Wind Power and Price Stability

Texas is a national leader in wind power, boasting a substantial share of the U.S. wind energy capacity. However, wind energy generation can be highly variable, with periods of low wind resulting in reduced output from wind farms. Typically, such variability could lead to increased electricity prices, particularly if...