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PJM Approves Fourth Project Under Expedited Grid Connection Program

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

PJM Interconnection on Nov. 10 approved a fourth project under its expedited interconnection process, advancing efforts to bring new generation capacity online as electricity demand increases across its 13-state region. The latest approval covers a 500-megawatt battery storage facility proposed by Little Blue Solar in Beaver County, Pennsylvania, within the Allegheny Electric Cooperative Transmission System…...

Offshore Oil Drilling 8 22 2019

U.S. Energy Department Closes First Oil and Gas Loan: $480 Million for Arena Energy’s Project Elkhorn

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

The U.S. Energy Department’s Office of Energy Dominance Financing on Nov. 10 announced the financial close of a $480 million loan to Arena Energy for Project Elkhorn, marking the department’s first completed financing supporting domestic oil and natural gas production. The project will modernize 22 offshore platforms in the Gulf of America, off the coast…...