Total working gas storage at Southern California Gas Company’s Aliso Canyon Natural Gas Storage Facility has been increased by 67 percent, in order to prevent potential rises in energy prices and support reliability during the upcoming winter 2023-24, according to a Sept. 27 report from the U.S. Energy Information Administration. The California Public Utilities Commission…...
Medium, sour and heavy, sour grades of crude oil prices have increased on the back of crude oil production cuts among OPEC+ producers, according to a Sept. 25 report by the U.S. Energy Information Administration. OPEC+ members in June 2023, stated they would persist with crude oil production reductions through 2024, curbing crude oil supplies,…...
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…...
The U.S. Department of Energy on Sept. 21 released a draft environmental review assessing potential environmental impacts associated with allowing the New Fortress Energy Altamira FLNG Project to export natural gas to Mexico, and after liquefaction in Mexico, to other countries in a combined total volume equivalent to 158 billion cubic feet (Bcf) per year…....
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 …...
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 the transition to a zero-emission electric grid by enabling the integration of large quantities of renewable energy while improving grid-operating capabilities.
The number of U.S. registered light duty electric vehicles on the roads reached 2.13 million vehicles in 2021, according to an Sept. 20 report from the U.S. Energy Information Administration. This number has increased year-on-year since 2012, surpassing a million in 2018 and two million in 2021. In 2012, there were less than 100,000 EVs…...
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…...
The monthly U.S. natural gas spot price on the U.S. benchmark Henry Hub has largely followed a downward price trend so far in 2023, however these lower wholesale gas prices are not directly being translated into lower commodity rates for residential customers, according to an Sep. 19 report from the U.S. Energy Information Administration. U.S…....
As Environmental, Social, and Governance (ESG) awareness sweeps boardrooms around the world, procurement managers are forced to examine the business practices and environmental stewardship of their…Read the full report …...
