New England Capacity Auction Prices Rebound from Record Lows

U.S. Energy Department Announce $30 Million to Shorten Interconnection Timelines Through AI

EnerKnol Pulse

The U.S. Energy Department on Nov. 25 announced $30 million in funding to speed up the interconnection process for new energy generation through the introduction and implementation of artificial intelligence methods. The Artificial Intelligence for Interconnection, or AI4IX, program will enhance collaboration between software programmers, energy project developers, and grid operators to improve and modernize…

FERC Proposes Broad Transmission Planning and Cost Allocation Reforms

U.S. Energy Department Announces $4.9 Billion Conditional Loan Guarantee to Major Midwest Power Line

Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Grid Modernization, PRODUCTS

The U.S. Energy Department on Nov. 25 announced a conditional commitment for a loan guarantee of up to $4.9 billion to Grain Belt Express LLC to help finance a high-voltage direct current interregional transmission project. The 2,500-megawatt (MW) power line would run approximately 578 miles between Kansas and Missouri. The transmission project – Grain Belt…...

natural gas and lng prices

Global Natural Gas Supply-Demand Balances Could Tighten During Winter 2024-25: EIA

EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, LNG, Natural Gas, PRODUCTS

Global gas markets could witness tighter supply-demand fundamentals during winter 2024-25, according to a Nov. 25 report published by the U.S. Energy Information Administration. The previous two winters in the Northern Hemisphere have witnessed above seasonal normal temperatures, leading to lower demand and in turn relatively higher storage capacity. If the temperature during winter 2024-25…...