Biden Admin Gives Out the First Two Grants Totaling $1 Bn to Support Direct Air Carbon Capture

1.) The Biden administration selects Occidental Petroleum and Battelle Memorial Institute to receive the first two grants – totaling $1 bn – to support direct air carbon capture.

2.) New England's largest energy utility, Eversource, announces cancelation of American Gas Association membership, stating it will ”redirect costs to more targeted associations and memberships with a focus on decarbonization to support our company-wide operations.”

3.) Steel manufacturer Nucor Corporation and renewable developer NextEra Energy Resources sign 250 MW Kentucky Power PPA, with  local Nucor steel used for racking systems.

4.) Tesla and DERMS provider EnergyHub join forces for ConnectedSolutions program enrollment via Tesla app. Utility customers with Powerwall batteries in National Grid, Rhode Island Energy, Eversource and Cape Light Compact customers with on-premise Tesla Powerwall batteries in Massachusetts, Connecticut or Rhode Island can sell services from connected batteries and earn up to $1,500/year.

5.)Siemens takes $2.4 bn loss for large turbine failures, admitting it rolled out platforms “too fast.”

6.) Offshore developers propose four new projects off New Jersey as far as 37 and 40 miles out to sea.