Low-carbon fuel programs are gaining prominence as an important avenue to help decarbonize the transportation sector, which accounts for a third of U.S. greenhouse gas emissions. Recent actions range from biofuel mandates…Read the full report …...
Low-carbon fuel programs are gaining prominence as an important avenue to help decarbonize the transportation sector, which accounts for a third of U.S. greenhouse gas emissions. Recent actions range from biofuel mandates under the federal Renewable Fuel Standard (RFS) program to legislative proposals across half a dozen states to establish clean fuel standards.
The U.S. Energy Department on July 26 announced $33 million to fund 14 clean-energy research projects, aiming to rectify the historical imbalance in federal scientific funding across the country. The diverse projects aim to cover crucial areas such as grid integration, renewable energy such as solar and wind energy, and advanced manufacturing. By promoting equitable…...
Power demand in Texas hit record highs in late June and July as homes and businesses increased air conditioning, fans, and other cooling equipment to tackle extreme heat waves. Hourly demand on the Texas power grid peaked at 82,579 megawatthours on July 18 in the 6:00 p.m. hour central time, according to a July 26…...
The average monthly spot U.S. natural gas price declined between January 2023 and June 2023 by 34 percent, or $1.12 metric million British thermal units, according to a July 24 report from the U.S. Energy Information Administration. The report, based on data from Refinitiv Eikon, attributes the price decrease to a comfortable supply picture due…...
The deployment of carbon capture, utilization and storage (CCUS) technologies is expected to increase in the U.S., driven by federal and state initiatives to meet emissions reduction targets. Supportive policies, including $12 billion in funding from the…Read the full report …...
The deployment of carbon capture, utilization and storage (CCUS) technologies is expected to increase in the U.S., driven by federal and state initiatives to meet emissions reduction targets. Supportive policies, including $12 billion in funding from the Infrastructure Investment and Jobs Act (IIJA) of 2021 and enhanced tax credits under the Inflation Reduction Act (IRA) of 2022, are driving carbon capture projects across the U.S. Initiatives to expand carbon dioxide (CO2) pipelines to connect to sequestration sites have also gained momentum.
The U.S. Interior Department on July 19 announced the allocation of $120 million in funding as part of President Biden’s Investing in America agenda, forming a part of a larger $440 million investment for Tribal climate resilience programs. The funding aims to assist Tribal communities in combating severe climate-related environmental challenges in their homelands through…...
The U.S. Energy Department on July 17 announced $150 million for states through a grant program to train residential energy efficiency and electrification contractors. The initiative, State-Based Home Energy Efficiency Contractor Training Grants Program, is funded by the 2022 Inflation Reduction Act, or IRA. The purpose of the initiative is to train a new generation…...
The U.S. Court of Appeals for the District of Columbia Circuit has invalidated the Federal Energy Regulatory Commission’s approval of tariff revisions to effectuate the Southeast Energy Exchange Market, or SEEM. The court said that FERC failed to explain how the tariff revisions were consistent with the requirements in its Order 888, which directed utilities…...