Current proposals for the Southeast Energy Exchange Market (SEEM) are not up to scratch and fall short of what is needed if the region is to meet its clean energy goals
The American Council on Renewable Energy (ACORE) has said that a proposed transmission investment tax credit (ITC) in the US could spur US$15.3 billion of fresh investment in clean energy and enable an extra 42GW of wind and solar capacity to come online.
The fallout from February’s winter storm in Texas could see new legislation enacted that would shift the cost of ancillary services onto renewable energy projects, potentially derailing solar deployment in a state that is currently on track to surpass California and become the US’ leading PV market. Jules Scully speaks to the market to determine the risk posed to solar as a result.
The American Council on Renewable Energy (ACORE) has welcomed the appointment of Michael Regan as the administrator of the Environmental Protection Agency (EPA).
A two-year extension of the investment tax credit (ITC) for solar systems as well as new funding for energy storage research are included in the US’ wide-reaching pandemic relief package that was approved by Congress on Monday evening.
The US renewable energy industry has applauded Joe Biden’s climate team nominations and appointments, as the President-elect says he aims to build a clean energy future for the country.
Three months of marginal job creation means nearly 500,000 clean energy workers in the US remain unemployed as the sector struggles to recover from the impact of COVID-19.
