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New Jersey’s PSEG Seeks to Sell Merchant Fossil, Solar Fleet

GreenTechMedia

New Jersey utility Public Service Enterprise Group (PSEG), facing state clean energy mandates and an economic imperative to shift its business to regulated assets, is seeking to exit its merchant fossil and solar generation business, while retaining its nuclear power plants and exploring a major expansion into offshore wind.

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Energy Innovation Policy & Technology® and RMI Launch 48 U.S. State EPS Models

Energy Innovation

By Olivia Ashmoore This week, Energy Innovation Policy & Technology LLC® and RMI published 48 state Energy Policy Simulator (EPS) models. To illustrate how the EPS can inform state action, Energy Innovation® and RMI developed a five-policy scenario and modeled this policy package across six states. climate goals.

Policy 52
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The future of clean hydrogen in the US could hinge on a new tax credit

The Verge: Energy

The tax credit comes with strict stipulations around using newly constructed sources of clean energy to produce hydrogen, as opposed to more polluting sources. The guidelines elicited strong reactions from clean energy advocates and industry today, some celebrating, others outraged.

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? Charting a course to curb maritime emissions

Climate Tech VC

Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII): Adopted in 2021 through the IMO , these measurements build on prior standards and became mandatory beginning Jan 1, 2023. EEXI reflects the energy efficiency of ship design. CII reflects the energy efficiency of ship operation.

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What is in the Inflation Reduction Act of 2022? We summarize.

38 North Solutions

Legislation provides 10-year tax credits for clean energy technologies. Clean Energy Technology Accelerator. -$30 Renewable Energy Credits. -$235 Methane and Superfund. -$15 Section 3: Energy Section. Should this bill become law, from 2022-2024, these credits are extended and restored to their full value.

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Hydrogen Production With A Low Carbon Footprint

R-Squared Energy

To recap, the carbon footprint of hydrogen production from natural gas in a steam methane reformer (SMR) is higher than from directly burning the natural gas. However, the laws of thermodynamics require that it always takes more energy to split water into hydrogen and oxygen than you can obtain from the hydrogen.

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Dominion Sells Gas Business and Cancels Atlantic Coast Pipeline, in Clean Energy Pivot

GreenTechMedia

utility group Dominion Energy agreed Sunday to sell most of its natural gas business and abandon its multi-billion dollar Atlantic Coast Pipeline project with Duke Energy meant to supply its home-state market of Virginia. billion including debt, giving a major boost to its goal to reach net-zero emissions of carbon and methane by 2050.