Remove Clean Energy Remove Natural Gas Remove Nuclear Power Remove Regulations
article thumbnail

US DOE, Treasury Release Proposed Regulations Implementing Clean Hydrogen Production Credit Setting A Sliding Scale For Credits

PA Environment Daily

Department of the Treasury and Internal Revenue Service released proposed regulations on the Clean Hydrogen Production Credit established by the federal Inflation Reduction Act. clean hydrogen industry. The proposed regulations advance those goals and will support the development of a robust U.S. On December 22, the U.S.

article thumbnail

Pennsylvania’s Electric Grid Is Dependent On One Fuel To Generate 59% Of Our Electricity; Market Moving To Renewables + Storage

PA Environment Daily

On March 7, the Independent Fiscal Office issued its latest Pennsylvania Electricity update that reports the electricity grid is dependent on one fuel for 59% of the state’s electricity generation-- natural gas-- followed by nuclear power-- 31.9%, coal-- 5.4% Energy Information Administration. from other sources.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Gov. Shapiro Unveils Cap-And-Invest PA Climate Emissions Reduction Initiative To Reduce Carbon Pollution From Power Plants; Update Alternative Energy Portfolio Standards To Diversify Electric Generation, Improve Reliability

PA Environment Daily

billion in investment in clean, reliable energy sources. Under PACER, 70% of the revenue will be directed back to Pennsylvania residents as a rebate on their electric bill – more than any other cap-and-invest program in the nation – resulting in long-term, price relief on energy costs. That’s why Gov.

article thumbnail

Proposed Regulations for Direct Pay Under the Inflation Reduction Act: Guidelines for Cities

Law Columbia

Direct pay – which is already in effect as of January 1, 2023 – allows tax-exempt entities, including local governments, to claim the value of certain clean energy and other tax credits as a cash payment, rather than as an offset to tax liability that they do not have.

article thumbnail

PUC Vice Chairman: During Winter Storm Elliot We Learned Natural Gas Can Be An Intermittent Generator Of Electricity Just Like Renewables

PA Environment Daily

Multiple presenters noted the PUC no longer regulated the electric generation market in Pennsylvania as a result of deregulation. Natural Gas Is An Intermittent Generator Rep. It was not at capacity agreements, we had hard commitments for natural gas at generators that simply did not show. “So,

article thumbnail

September Is Here. That Means Another Nail-Biter for California’s Grid.

Union of Concerned Scientists

I’d be remiss not to mention that, ever since the August 2020 power outages, California policymakers and regulators have been pulling out all the stops to maintain grid reliability. The solar, wind, nuclear, hydropower, geothermal, energy storage and natural gas on the grid right now are the resources the state has this month.

article thumbnail

RePlanet Nederland’s review of the draft Delegated Regulation on nuclear energy and gaseous fossil fuels in the sustainable finance taxonomy

Environmental Progress

We believe we must take a science-based approach and prioritize policies and technologies that enable us to liberate nature and elevate humanity. In order to steer investment toward environmentally sustainable activities, the European Union launched the Taxonomy Regulation framework to define activities deemed sustainable. 31 1(a)).