This Week in Climate & Clean Energy Wins: Week of 1/8/24

Three Numbers to know:

  • $1.84


    The amount of federal funding announced to purchase low- and zero-emission school buses in over 650 school districts. 

  • 80,000

    The number of households powered by a new wind farm in Michigan 

  • $2


    The amount that business action on energy efficiency could save

This week, in private sector news, General Electric will build hundreds of turbines for what will become the largest wind project in the Western Hemisphere, producing 674 turbines as part of a long-term service agreement. LG Energy announced plans to build 10 grid-scale battery storage facilities across the U.S., which will help avoid the equivalent of 16 million pounds of carbon dioxide emissions each year. Qcells announced they will provide Microsoft with 12 gigawatts of American-made solar panels through 2032, and Toyota’s EV sales saw a 10 times increase in 2023. 

A new research paper from MIT outlined how scaling low-carbon hydrogen can significantly cut existing emissions and further decarbonize other industries.  According to a new study by the University of Michigan Center for Sustainable Systems, in collaboration with the Responsible Battery Coalition (RBC), EVs are now cost-competitive with gas-powered cars in 14 major U.S. cities. The World Economic Forum and PwC released a report that projects private sector investments in energy efficiency could save $2 trillion a year.

The Biden Administration announced nearly $2 billion in clean energy funding for over 650 school districts, which will allow them to purchase 2,700 low-emission and zero-emission buses and vehicles. The Department of Energy (DOE) announced the successful production of heat pump prototypes that could save American households more than $500 a year on utility bills. On Wednesday, U.S. Treasury Secretary Janet Yellen spoke at Boston’s Roxbury Community College to spotlight benefits of the Biden Administration’s clean energy tax credits. 

Lastly, a new wind farm – with 72 wind turbines capable of powering roughly 80,000 households – opened in Michigan this week. In Alaska, the legislature is planning to take up several renewable energy policy proposals this month. Examples include proposals for neighborhood solar projects, loans for sustainable energy programs, and setting standards for utilities’ clean power generation. In Ohio, the state is starting work on the New Energy Economy project, with a goal to support small and medium manufacturers to play a role in the growing clean energy economy.

Private Sector

New Reports

Biden Administration