Net electricity rate increases signed off by U.S. state utility regulators reached $9.7 billion in 2023, up from $4.4 billion authorized in 2022, according to a Sept. 9 report published by the U.S. Energy Information Administration. Net electricity rates are expected to be lower in 2024 compared to 2023, however significantly higher than previous years…....
The U.S. Environmental Protection Agency on Sept. 5 announced the selection of 34 projects that will receive $300 million in federal funding to tackle climate issues in Tribal nations and a U.S. territory. The funding is part of the Climate Pollution Reduction Grants, or CPRG, program established by the 2022 Inflation Reduction Act to fund…...
The U.S. Energy Department on Sept. 5 announced the selection of 293 hydroelectric enhancement projects across 33 states that will receive up to $430 million in incentive payments to update hydropower facilities. These projects have been managed by the Grid Deployment Office and financed by the 2021 Infrastructure Investment and Jobs Act, or IIJA. The…...
The U.S. is accelerating its transition to clean transportation through substantial investments to expand the electric vehicle (EV) charging network and support…Read the full report…...
The U.S. is accelerating its transition to clean transportation through substantial investments to expand the electric vehicle (EV) charging network and support domestic production capabilities for EVs and their components.
The U.S. Interior Department on Sep. 5 announced its approval of US Wind’s Maryland Offshore Wind Project, which has the potential to generate 2 gigawatts (GW) of renewable energy for the Delmarva Peninsula and supply more than 718,000 homes. This marks the tenth commercial-scale offshore wind project approved under the Biden administration. With this, the…...
The U.S. Energy Department has authorized New Fortress Energy to export liquefied natural gas to non-Free Trade Agreement countries, according to a Sept. 3 press release from the company. The approval allows exports of up to ~1.4 million tonnes per annum to non-Free Trade Agreement countries from the company’s Fast LNG 1 facility located offshore…...
North American liquified natural gas (LNG) export capability is expected to increase from 11.4 billion cubic feet per day (Bcf/d) during 2023 to 24.4 Bcf/d in 2028, according to a Sep. 3 report published by the U.S. Energy Information Administration. The agency’s projection hinges on the expectation that projects that are currently being developed will…...
U.S. thermal coal exports to Asia and Africa increased during the first six months of 2024, according to an Sept. 4 report published by the U.S. Energy Information Administration. Overall U.S. coal exports for both metallurgical and thermal coal rose by 4 million short tons (MMst) to 53 MMst during the first half of 2024,…...
The U.S. Energy Department on Sept. 3 announced the launch of New Mexico’s first Home Energy Rebates Program as part of a nationwide initiative to enable households to save on energy efficiency improvements such as insulation and heat pumps that lower energy consumption. With a funding of $8.8 billion, the nationwide rebate program is supported…...
The U.S. Energy Department on Aug. 30 announced approximately $62 million for 20 projects across 15 states to enhance clean hydrogen infrastructure performance while promoting safe and equitable deployment through better permitting and community engagement. These projects will enhance critical fundamentals of hydrogen fueling infrastructure, advance and establish hydrogen powered container handling apparatus for utilization…...