Remove 2023 Remove Law Remove Nuclear Power Remove Power grid
article thumbnail

ComEd Bribery Scandal Clouds Picture for Exelon’s Illinois Nuclear Plants

GreenTechMedia

” At the same time, Crane noted the company is “in the middle of trying to work through legislative strategy in Illinois” that would offer its nuclear power plants in the state an alternative path to earning capacity market revenue that is seen as a critical component of their future financial viability.

article thumbnail

Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

State regulators have proposed a major set of responses to what could be a looming grid reliability shortfall in Sothern California, including a 2.5-gigawatt gigawatt reliability resources procurement between 2021 and 2023. gigawatts by 2023. These providers will be responsible for 355 megawatts of procurement by 2023.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals

GreenTechMedia

Utility Dominion Energy is planning a major shift toward renewable energy and batteries as it looks to comply with Virginia's ambitious new clean energy law. Under the law, Dominion Virginia and the smaller Appalachian Power Co. Major boosts for solar, offshore wind and energy storage. manufacturing for the growing industry.

article thumbnail

? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Total 2023 investment was up 133% compared to the prior year. Meanwhile, wind investment slipped 37% in 2023, reflecting the year’s headwinds in wind. Happy Monday!  of dollars put to work.

article thumbnail

The future of clean hydrogen in the US could hinge on a new tax credit

The Verge: Energy

Joe Biden visits the Cummins Power Generation Facility in Fridley, Minnesota, on Monday, April 3rd, 2023. The Bipartisan Infrastructure Law also set aside $8 billion to create hydrogen production ‘hubs’ across the US. Clearly, the Biden administration sees hydrogen as a key piece of America’s clean energy future.

article thumbnail

Solar, Wind Tax Credit Extensions and Energy R&D Package in Spending Bill Before Congress

GreenTechMedia

Schumer’s office, the two-year extension of the federal Investment Tax Credit for solar projects will retain the current 26 percent credit for projects that begin construction through the end of 2022, rather than expiring at the end of 2020 as they would have under existing law. Action by the U.S.

Packaging 130