The New York State Public Service Commission on July 18 finalized gas and electric rate plans for Central Hudson Gas & Electric Corporation for the period commencing July 1, 2024 until June 30, 2025. The commission approved a total increase in electric and gas revenues of $79.3 million, well below the $181 million that the…...
Pairing residential solar installations with battery storage has been increasing in California, according to a July 18 report published by the U.S. Energy Information Administration. As of April 2024, over 50 percent of residential solar photovoltaic installations were paired with battery storage, in comparison to around 20 percent during October 2023. Excess solar generated at…...
New York Governor Kathy Hochul on July 17 announced the start of construction of the 924-megawatt Sunrise Wind, which would be the state’s largest offshore wind project. Governor Hochul also announced the launch of the fifth offshore wind solicitation, building on a 10-point action plan issued last October to support the growing large-scale renewable industry…....
U.S. production capacity for sustainable aviation fuel (SAF) could rise from approximately 2,000 barrels per day (b/d) to around 30,000 b/d during 2024, if all planned capacity additions become operational, according to a July 17 report published by the U.S. Energy Information Administration. SAF is an alternative to petroleum jet fuel and is formed from…...
The quantity of coal transported across the U.S. declined by eight percent during 2023, according to a July 16 report published by the U.S. Energy Information Administration. U.S. coal deliveries have declined over the last two decades, due to coal’s declining share of power in the generation mix. The quantity of coal transported to power…...
Energy trade value between the U.S. and Mexico declined by around 15 percent during 2023 compared to 2022, according to a July 15 report published by the U.S. Energy Information Administration. The energy trade value between the two nations during 2023 was recorded at $66.5 billion, adjusted for inflation. Energy trade value largely depends on…...
The California Energy Commission has adopted a strategic plan that charts a course to meet the state’s offshore wind planning goal of 25 gigawatts (GW) by 2045. The move is in response to legislation enacted in 2021 directing the commission to coordinate with other agencies as needed and develop a strategic plan for offshore wind…...
The U.S. Energy Department has announced $1.7 billion to support the renovation of 11 closed or at-risk auto manufacturing facilities across eight states to manufacture electric vehicles and their supply chain. The selected facilities are located in Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia. The funding will help create and retain well paying…...
Global Liquified Natural Gas (LNG) trade rose by 3.1 percent year-on-year during 2023 to an average of 52.9 billion cubic feet per day (Bcf/d), according to a July 11 report published by the U.S. Energy Information Administration. The increase in LNG trade can be attributed to rising natural gas demand and increased infrastructure capability to…...
The U.S. Energy Department has selected two U.S. retail companies, Staples and Batteries Plus, to receive about $7 million each for a large-scale consumer battery recycling program. The program will create over 1,000 drop-off sites for consumers to turn in old batteries and battery-containing devices and reduce e-waste. The recycling project seeks to recover old…...
A new report released by the New York State Energy Research and Development Authority states that several factors such as global inflation and high interest rates are hindering the state’s ability to reach 70 percent of their electricity from renewable sources by 2030. The draft version of New York’s Clean Energy Standard, or CES, Biennial…...
The Minnesota Public Utilities Commission has accepted integrated distribution plans, or IDPs, filed by Xcel Energy, Minnesota Power, Dakota Electric Association and Otter Tail Power. The IDPs examine the utilities’ current and future distribution projects and expenditure for their systems. The acceptance of the plans ensures the utilities are planning for the reliability, safety, security…...