Hurricane Beryl, the first major hurricane of the 2024 Atlantic hurricane season, has brought new attention to the fragility of the Texas power grid and the pressing need to strengthen utility infrastructure to ensure reliability. The hurricane made landfall in the Texas Gulf Coast, a key hub for the U.S. energy industry, on July 8.
The U.S. Energy Department on Aug. 2 announced that Wisconsin has unveiled its initial Home Energy Rebates program, supported by the 2022 Inflation Reduction Act. Wisconsin is the first state in the U.S. to inaugurate the Home Efficiency (HOMES) segment of the rebate program. The program particularly empowers lower income families to save on energy…...
The U.S. Energy Department on Aug. 1 announced up to $63 million in funding for state and local governments to expand battery recycling and upgrade U.S. manufacturing. The initiative will accomplish this by creating innovative technologies such as advanced sensors and modeling that is more accessible to small and medium sized manufacturers. The funding, administered…
The Connecticut Department of Energy and Environmental Protection convened on July 29 to review its Draft 2024 Connecticut Clean Hydrogen Roadmap. The document analyzes how Connecticut’s hydrogen ecosystem can develop and compares its viability to existing energy sources to help the state meet its clean energy goals. Clean hydrogen is projected to play a crucial…...
U.S. crude oil imports from Canada are significantly imperative to U.S. oil refiners, accounting for the majority of total U.S. crude oil imports, according to an August 1 report published by the U.S. Energy Information Administration. As of Jan. 1, 2024 U.S. oil refining capacity was recorded at 18.4 million barrels per day (b/d). During…...
U.S. refining capacity rose during the start of 2024, according to a July 30 report published by the U.S. Energy Information Administration. U.S. operable atmospheric oil distillation capacity, the key benchmark of refinery capacity, was recorded at 18.4 million barrels per day (b/cd) during the beginning of 2024, up two percent in comparison to the…...
The New York Power Authority will receive $43 million funding from the U.S. Energy Department for its Propel NY Energy Sustainable Communities Initiative, providing funding to disadvantaged communities affected by the project. The funding is a part of the Transmission Siting and Economic Development, or TSED, grant program under the 2022 Inflation Reduction Act, or…...
The Texas Public Utility Commission has received 72 applications for funding via the Texas Energy Fund’s “In-ERCOT Generation Loan Program.” The applications request $24.41 billion to fund 38,379 megawatts (MW) of planned dispatchable electricity generation projects in the Electricity Reliability Council of Texas (ERCOT) region. The In-ERCOT Generation Loan Program, is one of four Texas…...
Recent policy and regulatory measures concerning competitive retail electricity markets are increasingly focused on enhancing oversight and transparency. New state actions strive to…Read the full report…...
Recent policy and regulatory measures concerning competitive retail electricity markets are increasingly focused on enhancing oversight and transparency. New state actions strive to strengthen these markets with improved regulatory oversight and consumer protections to prevent unsavory practices by competitive suppliers.
The U.S. Energy Department on July 24 announced the selection of 20 projects across 16 states to obtain up to $371 million to support the expansion of a reliable and resilient electricity grid. The funding will expedite the permitting of high voltage, interstate transmission projects and support community infrastructure initiatives along major new power lines…