In the news today…
- Reuters reports that tech giants, automakers and other major companies partner to promote virtual power plants, which can coordinate decentralized energy resources like solar, electric vehicles, and battery storage.
- Reuters reports that greenhouse gas emissions in the United States grew by 1.3% last year, as the nation remains short of meeting the goal of cutting emissions by at least 50% by 2030, compared to 2005 levels, according to a new report from the Rhodium Group. However, the growth in emissions was outpaced by the economic growth rate, suggesting that the carbon intensity of the economy dropped in 2022, as coal was displaced by natural gas and renewable energy in the power sector.
- E&E Daily reports a senior House Natural Resources Committee Republican offered an early preview Monday of how the GOP will seek to overhaul the permitting process for energy projects with its new House majority.
- Bloomberg reports dozens of companies have announced plans to open factories devoted to electric vehicle batter production, spurred by federal incentives and a growing market for cleaner cars.