State taxes and fees for diesel and gasoline fuel averaged $0.35 per gallon (gal) of diesel fuel and $0.33 per gal of gasoline as of the start of July 2024, according to a Aug. 20 report published by the U.S. Energy Information Administration. Gasoline and diesel average taxes have been mostly flat since the start…...
The U.S. Interior Department on Aug. 19 announced the implementation of the first U.S. floating offshore wind energy research lease located close to Maine in the U.S. Outer Continental Shelf. The lease area covers around 15,000 acres and has the potential to support the generation of up to 144 megawatts (MW) of renewable energy. The…...
California’s gasoline demand will remain above 200,000 barrels per day at least through 2035 although demand is expected to continue a downward trend as the adoption of zero-emission vehicles increases and other climate-friendly strategies unfold, according to an assessment adopted by the California Energy Commission. The assessment called for by Senate Bill X1-2, enacted in…...
The U.S. Energy Department announced up to $127.5 million in funding to support carbon capture, removal, and conversion test centers. The department plans to make up to 10 awards with 20-30 percent cost-sharing from awardees. The funding will support test centers at cement manufacturing facilities and power plants facilitating cost-effective research and evaluation of these…...
U.S. power plant operators and developers added 20.2 gigawatts (GW) of utility scale power generating capability during the first six months of 2024, according to an Aug. 19 report published by the U.S. Energy Information Administration. The new capacity is 21 percent or 3.6 GW higher than capacity added during a similar period in 2023…....
The Texas Railroad Commission on Aug. 16 announced a proposal to amend rules regulating waste management facilities. This marks the first reexamination of the commission’s waste management rules in over 40 years. The amendments take into account historical rules to adapt to technological advancements in the Texas energy industry’s resource development. Moreover, groundwater protection is…...
The U.S. Interior Department has announced the availability of $775 million for 21 states to clean up legacy pollution, funded through the 2021 Infrastructure Investment and Jobs Act, or IIJA. The IIJA provides $11.3 billion to provide grants to states and tribes for abandoned coal mine land reclamation and $4.7 billion for orphaned well site…...
The Nova Scotia Utility And Review Board on Aug. 13 approved Nova Scotia Power Inc.’s 2024 Annual Capital Expenditure Plan, or ACE, which details the company’s proposed capital spending for the next year. The company sought approval for capital projects totaling $257.6 million. Nova Scotia Power estimates its total capital spending for 2024 at $433.9…...
U.S. wind generation hit a record high during April 2024, according to a Aug. 13 report published by the U.S. Energy Information Administration. In addition, electricity produced as a result of wind generation surpassed coal fired production during both March and April 2024. Prior to this, U.S. wind generation surpassed coal-fired generation for the first…...
New York Governor Kathy Hochul on Aug. 13 announced that school districts and operators of zero-emission school buses can avail an additional $200 million bus purchases, charging infrastructure, or planning fleet electrification. The additional funding is a part of the 2022 Clean Water, Clean Air, and Green Jobs Environmental Bond Act, and is allocated through…...
Global proved reserves of crude oil and natural gas that were held by 175 publicly traded exploration and production businesses rose by 2 billion barrels of oil equivalent, or one percent during 2023, according to an Aug. 12 report published by the U.S. Energy Information Administration. Proved reserves refer to the estimated volumes of hydrocarbon…...
The Minnesota Public Utilities Commission on Aug. 9 granted approval for Xcel Energy Inc.’s updated Resilient Minneapolis Project aimed to bolster resilience in disadvantaged communities. Initially approved in 2022, the purpose of the project is to deploy rooftop solar, battery storage, and microgrid controls at the Minneapolis American Indian Center, Sabathani Community Center, as well…...
