LNG feed gas – natural gas deliveries by pipelines to U.S. liquefied natural gas export facilities – averaged 12.8 billion cubic feet per day during the first half of this year, up 0.5bcf/d or 4 percent compared to the same period in 2022 and 1 bcf/d or 8 percent higher than the annual average in…...
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 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…...
U.S. natural gas storage injections far this summer have exceeded the previous five year average (2018-2022), according to the U.S. Energy Information Administration. As of July 7, natural gas inventories totaled 2,930 billion cubic feet in the lower 48 states. U.S. gas prices have largely followed a downward trend during 2023, in line with robust…...
The combined wind and solar generation capacity in Texas is projected to double by 2035, leading to a significant growth of renewables in the total generation mix, according to a July 13 report from the U.S. Energy Information Administration. The growth in renewable generation is in line with the state’s objectives. In 2005, the state…...
The California Independent System Operator on July 11 announced that total battery storage capacity on the grid increased to 5,600 megawatts from about 500 megawatts just three years ago. This ten-fold growth since 2020 enhances reliability as the state progresses towards the goal of achieving 100 percent clean electricity by 2045. Based on an average…...
The U.S. Energy Department has announced $72 million to small-scale businesses for scientific projects related to clean energy and climate change. In total, 296 projects will receive funding across 44 states encompassing a wide range of focus areas, including renewable energy, nuclear energy, cybersecurity, advanced materials and manufacturing, microelectronics, and artificial intelligence. This investment will…...
The U.S. Energy Department on July 5 announced that it is considering establishing a demand-side initiative with an investment of up to $1 billion to help advance clean hydrogen hubs. The 2021 Infrastructure Investment and Jobs Act, or IIJA, authorized $8 billion from 2022 through 2026 to establish a program that supports the development of…...