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By Samantha Wilt, Senior Policy Analyst, Climate & Clean Energy Program

The landmark Climate Leadership and Community Protection Act’s (CLCPA) ambitious goal to reduce greenhouse gas emissions 85% by 2050 will require a  transformation of the power, transportation and building sectors. As highlighted in the New York State Energy Research and Development Authority’s (NYSERDA) recently released draft Carbon Neutral Building Roadmap, most of  New York’s 6.2 million buildings will need to be carbon neutral, which will require that the water and space heating in these buildings (along with cooking and clothes drying), be provided by highly efficient electric appliances over the next 30 years. To put us on the right path, a recent analysis by Synapse Energy Economics demonstrates that New York should commit to a goal of electrifying 2.1-2.5 million households by 2030. The state must also focus on an equitable transition to efficient, electrified buildings and direct significant resources to provide improved housing in Disadvantaged Communities.

Indeed, New York has already launched several promising pilot initiatives geared at ramping up deployment of electrification technologies, especially for affordable housing which will need additional resources to undertake these capital intensive projects. Through its Low Carbon Pathways for Multifamily Buildings program, NYSERDA is making $7.8 million available for owners or managers of multifamily buildings to implement low carbon solutions as part of planned upgrades. This new incentive complements existing capital planning support and free resources, which together provide a step-by-step pathway to decarbonize buildings. NYSERDA is also partnering with New York State Homes and Community Renewal on their new Clean Energy Initiative with $7.5 million for a pilot initiative to create up to 600 energy-efficient, all-electric affordable housing units. In addition, NYSERDA is also partnering with New York City’s Housing Preservation Department (HPD) on a $24 million pilot to decarbonize affordable housing, which is expected to support upgrades in approximately 1,200 living units of affordable housing and benefit 3,000 low-to-moderate income residents.

Despite ambitious midcentury goals and innovative programming, New York’s current short-term plans for heat pump deployment fall short. The Public Service Commission’s (PSC) January 2020 Order Authorizing Utility Energy Efficiency And Building Electrification Portfolios Through 2025 sets a minimum goal of 3.6 TBtu of net site energy savings from heat pumps through 2025, with a budget of $454 million for utility incentives and market development (read more on the order here and here). Utilities have started to implement these programs, coordinating efforts to ensure that all customers in New York State have access to comparable program offerings and incentives for heat pumps.

However, the 2020-2025 target will put the state in a difficult position to achieve its ultimate goals by 2050. A low near-term goal necessitates a very steep ramp up in heat pump adoption after 2025 and could require more than 1.5 million households to replace existing, still functioning fossil fuel systems in the 2040s (fossil systems that will be installed in the next decade that may have to be scrapped before the end of their useful lives to meet the 2050 goal).

Based on the findings in the Synapse analysis, New York should adopt a 2030 goal of 2.1–2.5 million households for heat pump retrofits, and assure adequate resources, especially for Disadvantaged Communities and low income households, and including market and workforce development, also focused especially on Disadvantaged Communities, to achieve that goal. Adopting this ambitious target will put the state on a trajectory of achieving its nation-leading climate goals in the most equitable and efficient way possible.

Originally published by NRDC, Expert Blog.

 

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Google agrees to fund the development of three new nuclear sites

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Google agrees to fund the development of three new nuclear sites

People take photos in front of a giant Google logo at Google’s Bay View campus in Mountain View, California on Aug 13, 2024 where the “Made by Google” media event was held today.

Josh Edelson | AFP | Getty Images

Nuclear developer Elementl Power said Wednesday it’s signed an agreement with Google to develop three sites for advanced reactors. It’s the latest example of tech giants teaming up with the nuclear industry in an effort to meet the vast energy needs of data centers. 

Google will commit early-stage development capital to the three projects, although the exact terms of the deal remain private. Each site will generate at least 600 megawatts of power capacity, and Google will have the option to buy the power once the sites are up and running. The proposed locations remain private, but Elementl said Google’s funding will be used for things like site permitting, securing interconnection rights to the transmission system, contract negotiations and other early-stage matters.

“Google is committed to catalyzing projects that strengthen the power grids where we operate, and advanced nuclear technology provides reliable, baseload, 24/7 energy,” said Amanda Peterson Corio, global head of data center energy at Google. 

“Our collaboration with Elementl Power enhances our ability to move at the speed required to meet this moment of AI and American innovation,” she added.

Elementl Power, which was founded in 2022 as a nuclear power project developer, hasn’t yet built any sites.

The company is currently technology agnostic, meaning it hasn’t yet chosen what type of reactor it will use at its sites. Rather, when the company is ready to begin construction it will choose the reactor technology that’s furthest along in development.

“Innovative partnerships like this are necessary to mobilize the capital required to build new nuclear projects, which are critical to deliver safe, affordable and clean baseload power and help companies advance their long-term net zero goals,” said Chris Colbert, Elementl Power’s chairman and CEO. Colbert was previously CFO, COO and chief strategy officer at NuScale Power, which is developing small modular reactors

Colbert added that once the projects reach a final investment stage Elementl will raise capital from other sources – for example infrastructure funds – to actually build the projects. The company is aiming to add 10 gigawatts of nuclear to the grid by 2035. 

In October, Google teamed up with small modular reactor company Kairos Power, pledging to buy power from the company’s fleet of reactors. At the time, Google said the first reactor would enter service by 2030, with more coming online through 2035.

Earlier this year, China’s AI startup DeepSeek prompted concerns that the improved efficiency of emerging AI models may reduce the need to invest in the build out new power sources to support data centers. However, tech leaders such as Amazon and Nvidia have since said the need for baseload power is continuing to grow at a quick pace.

In April, Anthropic co-founder Jack Clark estimated 50 gigawatts of new power capacity will be needed by 2027 to support AI. That is the equivalent of about 50 new nuclear plants.

Catch up on the latest energy news from CNBC Pro:

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Tesla launches cheaper Model Y RWD in the US

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Tesla launches cheaper Model Y RWD in the US

Tesla has opened orders for the Model Y Long Range RWD for $45,000 in the US. It’s the new entry-level Model Y following the design refresh earlier this year.

Since launching the updated Model Y earlier this year, Tesla has only offered the best-selling electric SUV in a single Long-Range AWD configuration.

First, it was as a fully-loaded $60,000 Launch Edition, and last month, it started deliveries of the regular Model Y AWD starting at $49,000.

As we recently noted, Tesla didn’t have much of an order backlog for the new Model Y in the US, and it has already started gathering new Model Y AWD in inventory just weeks after launching the vehicle.

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Tesla even started offering subsidized financing rates on the new SUV this weekend.

Now, the automaker is starting to take orders for the new Model Y Long Range RWD

The new trim starts at $44,990 and enables 357 miles of range – an extra 30 miles over the AWD version.

However, due to its single motor powertrain, the lower-priced version is slightly slower with a 0-60 mph acceleration in 5.4 seconds rather than 4.6 seconds.

The automaker says that deliveries of the new version will start in the US in the next 3 to 5 weeks. It launched the new Model Y RWD in Europe weeks ago.

Tesla also offers a Standard Range RWD in Europe and China for even cheaper, and deliveries have already started in China.

Electrek’s Take

Tesla appears to have waited to open orders for the Model Y RWD in the US to optimize demand for the Long Range AWD.

But now it needs a cheaper model to sustain demand at the current production rate.

In the coming weeks, it will start building a mix of RWD and AWD in Fremont and Austin to

Interestingly, Tesla currently only offers the subsidized 1.99% financing rate on the Model Y Long Range AWD. I would assume that Tesla plans to take advantage of the boost in demand that the cheaper model will create.

However, US buyers probably won’t have to wait more than a few weeks before Tesla starts to offer lower interest rates on all versions, like it already does in Europe and China.

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Big Mack, hydrogen Honda, and a ride in the Tesla Semi at ACT Expo 2025 [part 6]

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Big Mack, hydrogen Honda, and a ride in the Tesla Semi at ACT Expo 2025 [part 6]

On today’s thrilling episode of Quick Charge, we’ve got some of the highlights of the 2025 ACT Expo, including the all-electric Windrose and Mack Pioneer Class 8s trucks, a hydrogen fuel sell [sic] from Honda, a fun charging surprise, and – after an eight year wait – we finally get a ride in the all-new (in 2017) Tesla Semi!

ACT Expo is North America’s premier clean truck and transport trade show – and for 2025 it was bigger than ever, with more exhibitors and more, more capable battery electric vehicles than ever. The downsides? NACFE have scored with their “messy middle” messaging, and the return of “clean diesel” talking points. We’ve got a brief rundown and links to all the details, below.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

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Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.


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