This Week in Climate & Clean Energy Wins: Week of 10/2/23


$264 Million$1.5 Billion$1 Billion
The amount of federal funding the DOE announced for projects developing solutions to the clean energy transition.The amount Americans will save on their annual utility bill according to DOE’s newly approved energy efficiency standards.The amount Arizona will receive from the Bipartisan Infrastructure Law to build roads, bridges, and an electric vehicle network.

This week, companies made progress on expanding their hydrogen, solar, and wind operations in the United States. Hystar AS announced plans to expand into North America by opening a new electrolyzer factory in 2024 and a multi-GW factory by 2027. In Texas, Ashtrom Renewable Energy secured $270 million in financing for a 400-megawatt solar project that is expected to open next year. Also, in the world of solar, Consumers Energy announced plans to build an 85-megawatt solar energy project expected to power 20,000 homes. In Virginia, Dominion Energy Inc. announced its plans to develop another wind farm that will match the size of its current project, which completed its final environmental impact report, and is expected to receive final approval from the federal government in the next few weeks. Dominion will participate in a lease process next year to get permission for the second project, creating the largest offshore wind farm in the country. 

In the past few months, domestic manufacturing has been on the road to recovery, with new analysis showing production pick-up and employment rebounds. Economists say the improvement reflects resilient markets during a time when many are nervous about a recession. According to an Axios report, the U.S. could meet its net-zero target by 2050 through swift action on electric vehicle (EV) deployment, building decarbonization, and developing clean energy technologies. After much of the country faced extreme heat and weather-related emergencies this summer, new data shows that more batteries were online to maintain grid stability than ever before – a testament to advancements in energy storage technology. Rocky Mountain Institute (RMI) released graphics that depict projected results of what the clean energy transition could look like in each state by 2050. The graphics paint a hopeful future for clean energy opportunities sector by sector.

The Department of Energy (DOE) finalized energy efficiency standards that will cut yearly household utility costs for Americans by $1.5 billion. The new standards will take effect in 2023 and will significantly reduce greenhouse gas emissions associated with gas furnaces and appliances. DOE announced $264 million in funding for 29 projects focused on industrial decarbonization, carbon storage, and offshore wind, with the goal of developing solutions to scientific challenges to clean energy advancement. The Environmental Protection Agency (EPA) approved the final Clean Air Act Outer Continental Shelf air quality permit, which allows Revolution Wind to move forward with constructing an 880 megawatt (MW) wind farm consisting of 100 offshore turbines.

Lastly, Arizona is receiving more than $1 billion for building roads, bridges, and an electric vehicle network, thanks to the Bipartisan Infrastructure Law. In Michigan, a new report found that the state met 25% of its electricity needs in 2022 through renewable energy and reducing energy waste alone. In Nevada, the Bureau of Land Management set aside nearly 70,000 acres for a wind project expected to generate 600 megawatts of power. In California, lawmakers passed a bill mandating the Department of Transportation to ​“evaluate the suitability” of the land along the state’s highways for developing renewable energy facilities. 

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