Electricity demand EIA

Peak Hourly U.S. Electricity Demand Reached New High in July 2023: EIA

U.S. peak hourly electricity demand on July 27, 2023, reached 741,815 megawatt hours (MWh), according to an Oct. 5 report from the U.S. Energy Information Administration. The peak hourly demand was the second highest since 2016 and was marginally below the record high of 742,704 MWh last year on Jul. 20. U.S. peak electricity demand…

Ocean Wind Offshore Wind

New England States Unite to Procure up to 6 Gigawatts of Offshore Wind

The states of Massachusetts, Rhode Island, and Connecticut, on Oct.4 announced an offshore wind multi-state coordination memorandum of understanding for offshore wind in New England. The collaboration, the first of its kind in the U.S, aims to capture cost reductions by facilitating the development of large-scale, viable offshore wind projects, thereby enabling the acquisition of…...

FERC’s Five-Year Plan Emphasizes Measures to Improve Electricity Market Design, Infrastructure Siting Reviews

U.S. Energy Department Announces Wholesale Electricity Market Program to Enhance State and Regional Participation

The U.S. Energy Department on Sept. 29 announced a $9 million program to enhance state and regional participation in wholesale power markets. The initiative – Wholesale Electricity Market Studies and Engagement Program – is designed to provide technical and financial support for states and regional entities to develop, expand, and improve wholesale markets. Such collaboration…...

hydropower generation eia

U.S. Hydropower Generation Forecast Lowered by Six Percent Due to Weather Events: EIA

The U.S. Energy Information Administration in a report published on Sep. 28 lowered its projection of U.S. hydropower generation by 6 percent for 2023, compared to last year. The reduction in the forecast is attributed to weather outcomes in the U.S. Northwest over spring and summer, which led to curtailed water supply. U.S. hydropower capacity…...

3d windmill project

U.S. Interior Completes Environmental Review of Wind Project Offshore Virginia

The Bureau of Ocean Energy Management on Sept. 25 announced the completion of its environmental review of Dominion Energy Inc.’s proposed Coastal Virginia Offshore Wind Project off Virginia. The project located about 23.5 nautical miles offshore Virginia Beach, would provide up to 3 gigawatts (GW) of wind energy. The wind farm would have the capacity…...

EnerKnol Research PU Visual Primer Energy Storage 2023 09 26 Blog preview

Federal and State Initiatives Seek to Expand Markets and Opportunities for Energy Storage

In the face of a rapidly evolving energy landscape, federal and state initiatives continue to support the growth and expansion of energy storage solutions. Energy storage plays a key role in… Read the full report  …...

Biden Administration Unveils Action Plan to Accelerate Offshore Wind Transmission

The Departments of the Interior and Energy on Sept. 19 released a detailed transmission action proposal to realize the ample potential of Atlantic offshore wind energy.  The action plan sets out bold strategies that will speed up the investment and development in offshore wind energy and strengthen the domestic supply chain. The action plan is…...