The retail price of regular gasoline, on the Monday before Thanksgiving averaged $3.04 per gallon (gal) across the U.S., down seven percent compared to the same time during 2024, according to a Nov. 27 report published by the U.S. Energy Information Administration. Heading into the Thanksgiving weekend, retail gasoline prices are at their lowest level…...
The U.S. Energy Department on Nov. 25 announced $30 million in funding to speed up the interconnection process for new energy generation through the introduction and implementation of artificial intelligence methods. The Artificial Intelligence for Interconnection, or AI4IX, program will enhance collaboration between software programmers, energy project developers, and grid operators to improve and modernize…
The U.S. Energy Department on Nov. 25 announced a conditional commitment for a loan guarantee of up to $4.9 billion to Grain Belt Express LLC to help finance a high-voltage direct current interregional transmission project. The 2,500-megawatt (MW) power line would run approximately 578 miles between Kansas and Missouri. The transmission project – Grain Belt…...
Global gas markets could witness tighter supply-demand fundamentals during winter 2024-25, according to a Nov. 25 report published by the U.S. Energy Information Administration. The previous two winters in the Northern Hemisphere have witnessed above seasonal normal temperatures, leading to lower demand and in turn relatively higher storage capacity. If the temperature during winter 2024-25…...
The U.S. Environmental Protection Agency has proposed to strengthen standards for nitrogen oxide, or NOX, emissions from new gas-fired power plants, the first update in nearly 20 years. The standards would apply to most new, modified, and reconstructed fossil fuel-fired stationary combustion turbines, lowering exposure to hazardous air pollution for local communities. Nitrogen oxide emissions…...
The U.S. Energy Department, on Nov. 22, finalized a $1.3 billion loan to ENTEK Lithium Separators LLC to expand its manufacturing of lithium-ion battery separators. The loan will support ENTEK’s new manufacturing site in Terre Haute, Indiana, and boost the domestic supply chain of lithium-ion EV batteries. The department announced the conditional loan guarantee for…...
The Federal Energy Regulatory Commission has issued an order largely affirming its transmission planning and cost allocation rule, with changes to enhance the ability of state regulators to take part in the planning process. The order is in response to requests for rehearing of the original order – Order No. 1920 – adopted in May…...
The New York Independent System Operator on Nov. 21 released its 2024 Reliability Needs Assessment, or RNA, which evaluates the reliability of the state’s power grid from 2028 to 2034 based on projected peak power demand, planned transmission system upgrades, and anticipated changes in the generation mix over the next decade. The RNA highlights a…...
The Texas Public Utility Commission on Nov. 21 approved a staff report concluding an investigation into utility preparedness and responsiveness to extreme weather in the Greater Houston Area. In July, Governor Abbott ordered an investigation into the flawed and delayed response of Houston utilities in the wake of Hurricane Beryl and the May 2024 Derecho…....
The U.S. Energy Department on Nov. 20 awarded up to $2.2 billion for Gulf Coast H2Hub and Midwest H2Hub to expand regional clean hydrogen production, delivery, storage, and consumption. HyVelocity which leads the Gulf Coast Hydrogen Hub is set to receive up to $1.2 billion, while the Midwest Alliance for Clean Hydrogen (MachH2) which leads…...
At the 29th Conference of the Parties (COP29) of the United Nations Framework Convention on Climate Change in Baku, U.S. Interior Department Acting Deputy Secretary Laura Daniel-Davis highlighted the progress made under the Biden administration in tackling climate change and economic inequity using nature-based solutions. Deputy Secretary Daniel-Davis spoke about the partnerships with international and…...
Massachusetts Governor Maura Healey on Nov. 20 signed into law the Mass Leads Act, which provides $400 million in capital resources over the next decade to drive progress in the offshore wind sector and to foster innovation, manufacturing, and deployment of climatetech solutions. The bill aims to spur Massachusetts’ economic growth by investing almost $4…...
