As electricity demand soars, nuclear power is emerging as a key solution to ensure grid stability and achieve net-zero emissions goals. More recently, increasing…Read the full report…...
As electricity demand soars, nuclear power is emerging as a key solution to ensure grid stability and achieve net-zero emissions goals. More recently, increasing demand, particularly from data centers, is fueling the push to restart previously shut-down nuclear plants.
The average natural gas spot price at the majority of the main trading hubs in the Lower 48 states declined during 2024 compared to the previous year in real terms, according to an Feb. 3 report published by the U.S. Energy Information Administration. The price decline can be attributed to mild winter temperatures, robust U.S…....
The New York Power Authority’s Board of Trustees on Jan. 28 approved a strategic plan to increase the state’s renewable energy capacity and support the goal of reaching 70 percent electricity generation from renewable sources by 2030. The plan identifies 37 renewable energy projects with a combined power generation capacity of over 3 gigawatts, which…...
U.S. nuclear generators utilized 32 million pounds of imported uranium concentrate and 0.05 million pounds of domestically uranium concentrate during 2023, according to an Jan. 30 report published by the U.S. Energy Information Administration. Imports of uranium concentrate accounted for 99 percent of the nuclear generator’s requirements. Foreign producers mainly supply the U.S. front end…...
Pennsylvania Governor Josh Shapiro announced on Jan. 28 that PJM Interconnection has agreed to a resolution plan to address issues with PJM’s capacity auction to prevent unnecessary energy price hikes for consumers. The agreement resolves a complaint filed with the Federal Energy Regulatory Commission concerning flaws in the grid operator’s capacity auction design that could…...
Natural gas fired electricity generation has risen in Pennsylvania since 2013, according to a Jan. 29 report published by the U.S. Energy Information Administration. During October 2024, natural gas fired generation accounted for 57 percent of the power produced in the state, over double the share compared to October 2013. Over the last decade, natural…...
The California Public Utilities Commission on Jan. 27, issued a proposal to improve safety and emergency response of battery energy storage facilities in California. The proposal aims to implement Senate Bill No. 1383 to create new standards for the maintenance and operation of battery energy storage facilities and also improve emergency response action plans for…...
U.S. wholesale and retail propane prices have traded higher so far this winter heating season compared to the previous year, according to an Jan. 28 report published by the U.S. Energy Information Administration. The higher prices witnessed so far this winter can be attributed to colder weather during January and higher exports. The price increase…...
The New Jersey Board of Public Utilities on Jan. 27 announced that it has secured more than $185 million in federal funding from the U.S. Energy Department for three energy efficiency rebate programs funded through the 2022 Inflation Reduction Act. These energy efficiency programs will particularly benefit low and moderate-income residents, as they are more…...
The New York State Public Service Commission has directed additional actions for New York State Electric & Gas Corporation and Rochester Gas and Electric Corporation to in the next three years as part of their long-term natural gas plan. The commission issued an order directing the companies to propose pilot demand response programs, provide information…...
