Commonwealth Fusion will locate 400-MW facility near Richmond. aiming to secure permits next year and operate by the early 2030s—backed by more than $2B in private investment and government funding.
The 742-MW Net Zero Teesside Power project in northeast England could become one of the world’s first commercial-scale gas-fired power plants with carbon capture and storage.
In a deal with state regulators, environmental groups and business leaders, the utility will spend $11 billion on solar, wind and grid storage investments and retire coal production by 2032, but the plan still is set to rely heavily on natural gas production as a supplemental resource.
EPC contract for 300-MW facility in Permian Basin, which will produce power and industrial grade CO2 that can be sold or sequestered, will be awarded by year end.
Renewables added 6.62GW of utility scale power to US grid, up 11.5% from one year ago. Nine states set offshore wind targets totaling nearly 45 GW, with New York breaking ground on the second utility scale project in the country.
A set of lawsuits challenging the Obama administration’s Clean Power Plan were dismissed by a federal appeals court after the Trump administration replaced the regulation with the Affordable Clean Energy Rule, but that rule now faces its own set of challenges.