Publish Date: June 11, 2024
The regulated gas distribution network is undergoing significant transformation due to a combination of market and policy forces. Increasingly, cost-competitive electric heating solutions are leading to decreased gas throughputs in many jurisdictions — a trend expected to accelerate as federal incentives for heating electrification and ambitious state and local climate goals take effect.
Topics: Energy Efficiency, Building Electrification, Building Decarbonization
Publish Date: May 1, 2024
Buildings account for about a fifth of the state’s emissions and the vast majority of buildings in Illinois burn fossil fuels for various appliances. Over 60% of natural gas burned in Illinois happens in buildings, primarily for heating. Therefore, building electrification is a crucial component of Illinois’ clean energy and climate strategy.
Topics: Energy Efficiency, Illinois, Building Electrification, Building Decarbonization
Publish Date: February 14, 2023
In 2021, Duke Energy Indiana proposed to build a 1,221 MW gas-fired Combined Cycle (CC) plant to begin operation in 2027. Since these plans were announced, the U.S. Federal Government has passed the Inflation Reduction Act of 2022 (“IRA”) to dramatically reduce the cost of clean energy resources, natural gas prices have spiked, and MISO has modified its capacity accreditation process. These changes justify a reassessment of Duke Energy’s plan and consideration of alternatives to the CC.
Topics: State Policy, Indiana, Building Decarbonization