Second Massachusetts project, SouthCoast Wind, files to terminate project power agreement, and could face up to a $60-million fine, while developers in New York and New Jersey seek contract cost adjustments
The U.S. Energy Dept. updates its strategy to cut emissions with clean hydrogen, but the Treasury Dept. won't propose until summer rules on how emissions from its production are counted when awarding critical project tax incentives outlined in the 2022 climate law.
Industry officials praise permitting reform provisions, and a move to fast-track completion of the controversial Mountain Valley gas pipeline project withstands a last-minute challenge.
But Biden, legislators punt on broad transmission expansion in deadline-pushed debt ceiling compromise bill that is set for House and Senate votes this week.
AIA/Deltek index score fell back into negative territory last month as.conditions softened for design firms. Excluding slight growth seen in March, billings have declined every month since last October.