The Southwest Power Pool announced on Sep. 6, 2022 that several entities in Arizona have pledged to support the next stage of the Markets + development. Arizona Electric Power Cooperative, Arizona Public Service Company, Salt River Project and Tucson Electric Power join seven other organizations that earlier pledged to support market development. Markets+ is a…...
The U.S. has the largest liquefied natural gas export capacity in the world and emerged as the top exporter as of July 2022, according to a Sep. 6 report from the U.S. Energy Information Administration. U.S. LNG exports averaged 11.2 billion cubic feet per day (bcf/d) during the first half of 2022, up by 12…...
California lawmakers on Sept. 1 passed a bill to provide a $1.4 billion loan to extend operations at the state’s last operating nuclear power plant Diablo Canyon by an additional five years. The plant’s two units are scheduled to be retired in 2024 and 2025. The proposal, also part of Governor Gavin Newsom’s agenda, cleared…...
The Maine Supreme Judicial Court on Aug. 30 ruled that a ballot referendum in Maine that was voted in November 2021 to block the New England Clean Energy Connect transmission project is unconstitutional. The latest development provides renewed impetus to the $1 billion U.S. transmission line designed to transmit Canadian hydropower. The court states that…...
The Texas Railroad Commission on Aug. 30 adopted a weatherization rule for natural gas facilities to ensure gas supply to power plants and avoid electricity disruption during weather events. The rule establishes Weather Emergency Preparedness Standards pursuant to Senate Bill 3 enacted in 2021 in response to Winter Storm Uri that affected the south-central U.S.,…...
The U.S. Energy Department on Aug. 31 announced $46 million in funding for 22 biofuel projects to help reduce carbon emissions in the transportation and power sector. The grant aims to lower the cost of fuels and products made from algal feedstocks while increasing the positive greenhouse gas impacts that could be achieved by deploying…...
The U.S. Court of Appeals for the District of Columbia on Aug. 30 ruled two oil leases – lease sales 250 and 251 – conducted by the Interior Department during the Trump administration in the Gulf of Mexico were unlawful. In 2020, a federal district court declared that the sales were valid, and environmental groups…...
The U.S. Energy Department on Aug. 30 released a request for information on a $10.5 billion Grid Resilience and Innovation Partnership Program. The funding, backed by the 2021 Infrastructure Investment and Jobs Act, spans a five-year period from fiscal years 2022 through 2026 to prevent outages and enhance the resilience of the electric grid, deploy…...
U.S. consumers spent $1 trillion on energy expenditures in 2020, the lowest amount since 2002, according to an Aug. 29 report from the U.S. Energy Information Administration. Total energy expenditure is the sum of the entire amount consumed across all sectors, such as residential, industrial, commercial, and transportation. Energy consumption decreased by 7 percent from…...
The U.S. Environmental Protection Agency on Aug. 27 issued an emergency fuel waiver to ease fuel shortages in four states whose supply of gasoline has been affected due to BP’s Whiting refinery shutdown. The emergency waiver is in response to a fuel supply emergency by a fire-led shutdown. The waiver, which began Aug. 27 and…...
The U.S. Energy Department on Aug. 26 announced $425 million in formula funding through the State Energy Program, SEP, to help states expand their clean energy programs and ramp up deployment under the 2021 Infrastructure Investment and Jobs Act. The funding is expected to create jobs, boost financial growth, lower individuals’ energy prices, and reduce…...
The U.S. Bureau of Land Management On Aug. 26 granted approval for ExxonMobil Corporation’s proposal for permanent underground storage of carbon dioxide in areas located at Lincoln and Sweetwater counties in Kemmerer, Wyoming. The project will capture carbon dioxide produced along with natural gas at Shute Creek Plant for sequestration at disposal wells rather than…...
