The U.S. Energy Department on Nov. 27 announced $275 million in grant selections for seven projects to strengthen clean energy supply chains and revitalize communities impacted by coal mine or coal power plant closures. The projects will leverage over $600 million in private sector investments in small- and medium-sized manufacturers and create nearly 1,500 jobs…....
The Electric Reliability Council of Texas (ERCOT) has canceled a procurement from a request for proposals for additional generating capacity this winter due to limited market response. The grid operator received only 11.1 megawatts of potentially eligible capacity, while it sought to procure up to 3 gigawatts of additional capacity that could be called upon…...
President Biden has announced the release of the Fifth National Climate Assessment report, or NCA5, which evaluates changes in the climate and its impacts, as well as options to lower present and future risk. Biden also announced more than $6 billion in investments to support climate resilience including strengthening the aging power grid infrastructure, lowering…...
North America’s liquefied natural gas export capacity is expected to increase to 24.3 billion cubic feet per day (Bcf/d) by 2027, according to a Nov. 13 report published by the U.S. Energy Information Administration. Currently, North American LNG export capacity stands at 11.4 Bcf/d. The increase in LNG export capacity can be attributed to Canada…
The Florida Public Service Commission on Nov. 9 authorized continued funding for natural gas pipeline replacement programs, in order to enhance the safety of the state’s energy infrastructure. Programs that will receive funding in 2024 include: Florida Public Utilities Company’s Gas Utility Access and Replacement Directive, or GUARD, program Peoples Gas System’s Cast Iron/Bare Steel…...
U.S. coal exports to Europe increased by 22 percent to 33.1 million short tons (MMst) between August 2022 and July 2023, compared to the same period before the implementation of EU sanctions on coal from Russia (August 2021 – July 2022), according to a Nov. 2 report published by the U.S. Energy Information Administration. In…...
The U.S. Department of Agriculture’s Forest Service on Nov. 3 issued a proposed rule that would enable the agency to consider carbon capture and sequestration projects on national forests and grasslands. This move aims to align the regulatory structure with the U.S. Department of Interior’s Bureau of Land Management and meet President Biden’s ambitious goal…...
The Bureau of Ocean Energy Management on Nov. 2 announced that it is postponing Gulf of Mexico Lease Sale 261, which was originally planned for Sept. 27 and then rescheduled for Nov. 8 in response to court orders. Last month, the bureau announced that Lease Sale 261 will be held on Nov. 8 pursuant a…...
Gasoline production has become less profitable due to low demand and the shift to winter-grade gasoline, according to a Nov. 1 report from the U.S. Energy Information Administration. As a result, the difference between gasoline blendstock and crude oil prices dropped to multiyear lows in October 2023. The difference in price between a wholesale petroleum…...
The Bureau of Ocean Energy Management on Oct. 31 announced its approval of the fifth commercial-scale, offshore wind energy project in the U.S., the Coastal Virginia Offshore Wind project, located about 23.5 nautical miles offshore Virginia Beach. The project, expected to add 2,600 megawatts (MW) of clean energy to the grid, would be capable of…...
The U.S. Energy Department on Oct. 30 announced a $1.3 billion commitment in three transmission projects crossing six states – Arizona, Nevada, New Hampshire, New Mexico, Utah, and Vermont. The commitment will support transformative projects aimed to add 3.5 gigawatts (GW) of grid capacity throughout the U.S., equivalent to powering about 3 million homes and…...
The Bureau of Ocean Energy Management has finalized four new Wind Energy Areas in the Gulf of Mexico, which have the potential to support offshore wind projects that could collectively power over three million homes with renewable energy, according to an Oct. 27 press release. The Biden administration has set a goal to deploy 30…...
