On march 20 the state will purchase and store energy

Will the US energy transition continue?

Despite uncertainties, there are hopes the US energy transition will continue, driven by private sector innovation and cost competitive technologies reinforced by incentives in the Inflation Reduction Act (IRA). The U.S. energy market continues its cost-driven shift toward renewables in 2025.

How have state-level policies shaped the energy transition?

State-level policies have played a decisive role in shaping the energy transition. The decentralization of energy policy in the U.S. has allowed states to implement their own industrial strategies, which they have championed since the Covid-19 pandemic when they rediscovered industrial policy as a tool for economic development.

Will utilities reverse green investments in 2025?

With renewable and storage costs falling, clean energy dominates, accounting for 93% of new electricity generation in 2025 while gas contributes just 7%. Given this, utility companies are unlikely to reverse green investments as the economic case for renewables keeps strengthening, reinforced by state-level net zero standards.

Will market competitiveness help renewables expand?

Market competitiveness is expected to continue helping renewables expand, while state policies provide the framework for localized clean energy strategies for industrial and regional development under a competitive market.

Will a global natural gas market shake-up after Trump's tariffs?

Now analysts are predicting a shake-up of the global natural gas market. Benjamin Storrow writes today that some countries may swap their U.S. gas contracts for Chinese renewables in the wake of Trump’s across-the-board tariffs.

How much does Washington spend on energy storage projects?

Washington has provided $14.3 million through its Clean Energy Fund to utilities to deploy four utility-scale energy storage projects with the intention of testing different energy storage technologies and use cases.