Industry News & Trends

Climate Change News

Climate Change Priorities for Canada’s New Government

With the election of Prime Minister Mark Carney and a fresh mandate, Canada stands at a pivotal moment in its climate policy journey. The Canadian Climate Institute has outlined key priorities for the new government to address in its first 100 days, focusing on enhancing climate action,...

Climate Change Fuels Spread of Deadly Fungal Infections in the UK

As global temperatures rise, scientists warn that the UK faces an increasing threat from deadly fungal infections, particularly those caused by the Aspergillus species. These fungi, which can lead to severe respiratory illnesses and brain infections, are projected to expand their range into...

Utility News

U.S. Wind Energy Investment Surges While Solar Stagnates

In recent years, the U.S. energy landscape has been undergoing a dramatic transformation, characterized by significant shifts in investment patterns across renewable energy sectors. According to a recent BloombergNEF report, U.S. investment in wind energy has soared, while solar energy investment...

Biden Sets Ambitious GHG Target Amid Trump Plans

In December 2024, President Joe Biden's administration set an ambitious target to reduce U.S. greenhouse gas (GHG) emissions by 61% to 66% by 2035, compared to 2005 levels. This goal aligns with the Paris Agreement's framework, which requires participating nations to update their emission reduction...

Electric Transportation News

Duke Energy Approved to Deploy New Power Generation in NC

Duke Energy has received approval from North Carolina regulators to deploy a significant amount of new power generation capacity in the state, including new natural gas plants, as part of its long-term energy transition strategy. The decision, which is expected to have a major impact on the...

Pathways Initiative Proposes Regional Organization to Oversee Western Power Markets

In a landscape characterized by evolving energy demands and increasing pressure to transition to renewable sources, the Pathways Initiative is proposing a significant restructuring of power market oversight in the Western United States. This initiative seeks to create a regional organization that...

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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 initiatives across the country. With the implementation of the Inflation Reduction Act (IRA), the green bank aims to leverage federal funds to spur private investment in climate-friendly projects, offering a robust mechanism to...