New York Announces $1 Billion Clean Energy Investment for Low-to-Moderate Income Customers

Democratic Governor Andrew Cuomo on July 27 announced nearly $1 billion in clean energy investments through 2025 to support energy efficiency programs for low-to-moderate income customers and communities in the state. The New York State Energy Research and Development Authority will collaborate with the state’s investor-owned utilities to provide more affordable energy options for more...

Conversion Losses Accounted for Over 60 Percent of Power Sector Energy Consumption in 2019: EIA

U.S. utility-scale power generation facilities used 38 quadrillion British thermal units, or quads, of energy to provide 14 quads of electricity in 2019, according to a July 21 report from the U.S. Energy Information Administration. Much of the difference is attributed to losses during the conversion process. In presenting this statistic, the industry at large...

U.S. Energy Department Announces $168 Million for Solar Fuels, Bioenergy Research

The U.S. Energy Department on July 29 awarded $100 million for two multi-institutional research initiatives focused on producing fuels from sunlight under a five-year program. The agency also announced another $68 million over the same duration for projects aimed at supporting sustainable bioenergy production. The multi-institutional partnerships under the Fuels from Sunlight Energy Innovation Hub...

Western Power Market Benefits Top $1 Billion

The Western Energy Imbalance market generated about $79 million in savings in the second quarter of this year, with total benefits reaching about $998 million since its launch in 2014, according to a July 29 press release from the California Independent System Operator Corporation. The market constitutes an automated system that secures the lowest-cost energy…