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August 30, 2024

Industrial Decarbonization

Constellation Energy
Constellation Raises Earnings Guidance amid Rising Demand
Constellation Energy turned in another solid quarterly report Aug. 6, boosting its earnings guidance for the year and offering a rosy picture for the future of its nuclear power fleet. 
Grid United
DOE Announces $2.2B in Grid Resilience, Innovation Awards
DOE announced its second round of grants for the GRIP program, with $2.2 billion going to eight projects that could expand grid capacity, reliability and flexibility across 18 states.
Shutterstock
Opposing Sides Want to Speed, Slow NY Cap-and-invest
Dueling visions for New York’s proposed cap-and-invest system are being offered as state officials continue the lengthy process of codifying its details. 
Rhodium Group
Rhodium: US Accelerating Reductions in GHG Emissions
The Rhodium Group’s annual update of its "Taking Stock" report finds that U.S. GHG emissions were 18% lower in 2023 than in 2005 and estimates they will be 32 to 43% lower in 2030.
Passaic Valley Sewerage Commission
NJ Backs New Gas Plant, Sparks Opposition Anger
The debate over the plant underscores the difficulties of New Jersey’s efforts to aggressively cut emissions while ensuring the state has access to enough electricity.
EPA
EPA Announces $4.3B in Climate Pollution Reduction Grants
Pennsylvania will use its $396.1 million Climate Pollution Reduction Grant on a statewide initiative to cut greenhouse gas emissions from industrial buildings through incentives for energy efficiency and emission-reduction technologies.
Max Planck Institute for Plasma Physics
Report: Companies Say Fusion will be Online by 2035
About 45 companies worldwide are in the race to develop commercially viable nuclear fusion technology and almost half of them expect to deliver power to the grid somewhere between 2031 and 2035.
Schneider Electric
Report: Industrial Electrification Should Focus on ‘Easy to Abate’ Sectors
A new report from Schneider Electric says the U.S. could ramp up the electrification of heavy industry by 50% by focusing on easy-to-abate, individual processes.
Senate ENR Committee
Conference Explores AI Solutions to Data Center Power Demand
Artificial intelligence may be driving new energy demand from hyperscale data centers, but it could also help find new solutions to meet that demand.
EPRI
EPRI: Clean Energy, Efficiency Can Meet AI, Data Center Power Demand
The burgeoning power demand from data centers and artificial intelligence can be met by other means than new natural gas-fired power plants, according to a new report from the Electric Power Research Institute.

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