article thumbnail

Biden administration announces ‘largest ever’ investment in US electric grid

The Verge: Energy

billion in funding today to upgrade the US’s aging electric grid, the largest investment to date in the grid. The money, which comes from the Bipartisan Infrastructure Law, will go to 58 different projects across 44 states. Altogether, the projects selected are expected to leverage $8 billion in both federal and private investments.

article thumbnail

Senate energy bill includes investment in solar and energy storage

Solar Power World

Senators Lisa Murkowski (R-AK) and Joe Manchin (D-WV), today released the text of their energy innovation package.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Electrification Coalition releases Local Government Playbook for federal EV investments

Charged

The Bipartisan Infrastructure Law and Inflation Reduction Act have put a lot of money on the table for deploying charging stations and incentivizing EV purchases. Local governments will play a large role in ensuring that the funds are invested effectively. Source: Electrification Coalition.

article thumbnail

Let’s incubate the Green Swans hatched by the COVID-19 Black Swan

GreenBiz

The global COVID-19 pandemic is a historic Black Swan event that offers a Green Swan of opportunities to harvest innovation from 50 years of converging exponential technologies. Government must provide the regulatory support to amplify transformative innovation from the intersections of converging exponential technologies.

article thumbnail

'Climate neutrality is our destiny': EU unveils net zero by 2050 Climate Law

Business Green

EU Commission President Ursula von der Leyen claims law will see net zero taken into account 'in all future policy and legislation'. A Europe-wide 'Climate Law' that would legally require all EU members to build net zero economies by 2050 has been unveiled today by the European Commission as the key pillar of its Green Deal vision.

Law 85
article thumbnail

UK Regulator Approves £40B of Grid Investment, But Is It Enough?

GreenTechMedia

regulator Ofgem has approved a revised pricing framework for British transmission networks, one meant to avoid sticking consumers with excessive bills while also allowing for sufficient investment to allow the country to achieve its net-zero targets. On Tuesday, Ofgem revealed a total investment package of at least £40 billion ($53.3

article thumbnail

Reducing The Risk Of Investing In Electric Vehicles For Low-Income Consumers

Energy Innovation

Strategic investments in EV adoption by institutions that can afford to incur that risk is one pathway to improving the overall affordability of EVs in the long term. link] See [link] [link] The post Reducing The Risk Of Investing In Electric Vehicles For Low-Income Consumers appeared first on Energy Innovation: Policy and Technology.