The Southwest Power Pool (SPP), which manages the power grid across the central U.S., anticipates a 98.5 percent probability that the region will have sufficient power generation capacity to meet projected peak demand and maintain energy reserves this winter season, according to a Nov. 19 press release. This prediction is based on its annual winter…...
The U.S. Energy Department on Nov. 19 announced a $16 million funding opportunity for the research and development of High-Assay Low-Enrichment, HALEU, transportation technology. The funding aims to develop viable and cost-effective solutions to transport HALEU, and to obtain licensing from the Nuclear Regulatory Commission (NRC) for the new technology. The Energy Act of 2020…...
The monthly average price of spot natural gas at western Canada and northwestern U.S. border pricing hubs hit historic lows during the first 10 months of 2024, according to an Nov. 19 report published by the U.S. Energy Information Administration. The price decline can be attributed to firm natural gas production in western Canada, where…...
Major utilities have increased their annual spend to produce and deliver electricity over the last two decades, according to an Nov. 18 report published by the U.S. Energy Information Administration. Annual spend rose 12 percent from $287 billion during 2003 to $320 billion during 2023. The increase in annual spend can be attributed to capital…...
The U.S. Energy Department and the White House Office of Science and Technology Policy on Nov. 18 released a national blueprint for creating a cleaner and more competitive industrial sector. The department developed the blueprint in collaboration with several federal agencies to highlight how the government can enable the private sector to reduce emissions, improve…...
The U.S. Interior Department has released a new analysis report that estimates that investments from the 2021 Infrastructure Investment and Jobs Act, or IIJA, contributed to over $3.3 billion to the U.S. during the fiscal year 2024. Moreover, the law has provided over 28,000 employment opportunities. The IIJA, which represents the largest investment in U.S…....
The UK’s Office of Gas and Electricity Markets (Ofgem), on Nov. 15, approved a £2 billion funding package to construct the Eastern Green Link 1 (EGL 1) high-voltage subsea cable between Northern England and Scotland. The 196 km cable can transfer 2 gigawatts (GW) of electricity generated by wind farms between Torness, East Lothian, and…...
The North American Reliability Corporation (NERC)’s 2024-2025 Winter Reliability Assessment highlighted potential concerns over natural gas supplies that could impact winter readiness of some transmission regions across the U.S. The assessment evaluates the power generation and system transmission adequacy required to satisfy projected peak winter energy demands from December to February. While all assessed transmission…...
The U.S. Energy Department has announced the tenth tranche of award beneficiaries through the Energy Efficiency and Conservation Block Grant, or EECBG, program. The program will allocate over $17.7 million to 61 local and territorial governments to enhance energy efficiency, lower climate pollution, and reduce overall energy usage. The program, supported by the 2021 Infrastructure…...
U.S. petroleum coke, or petcoke, production on an annual basis remained relatively flat over the last decade (2014-2023) and averaged 46 million tons, according to an Nov. 14 report published by the U.S. Energy Information Administration. The majority of the petroleum coke produced in the U.S. is exported. During 2023, the U.S. exported around 41…
The Texas Public Utilities Commission on Nov. 14 approved a system resiliency plan submitted by electric utility Oncor. This marks the first plan filed with the commission by an electric utility to bolster the resiliency of electricity systems and facilities against threats including natural disasters and cyber attacks. The plan includes several measures to protect…...
The U.S. Energy Department on Nov. 14 announced funding of over $20 million for university and industry projects to develop algae and seaweed feedstocks for low-carbon biofuels. The funding is a partnership between the Bioenergy Technologies Office and the Office of Fossil Energy and Carbon Management to support 10 projects across seven states focused on…...