Average U.S. nuclear capacity outages declined to around 2.6 gigawatts (GW) per day during summer 2024, down 0.5 GW compared to summer 2023, according to an Nov. 5 report published by the U.S. Energy Information Administration. U.S. nuclear capacity outages were mostly evident in mid-July and early August, averaging 3.1 GW per day during the…...
The North Carolina Utilities Commission on Nov. 1 approved Duke Energy’s Carolinas Resource Plan, which includes the utility’s energy resource portfolio and carbon emissions targets. The plan approved development work on Duke Energy’s major renewable energy projects along with associated costs and extended the deadline for achieving a 70 percent carbon reduction from 2030 to…...
U.S. ethane and ethane based petrochemical exports hit a record high of 21.6 million metric tons (MMmt) during 2023, according to an Nov. 4 report published by the U.S. Energy Information Administration. The record high export volume during 2023 is 17 percent compared to the previous year and 135 percent higher compared to when the…...
Co-locating energy-intensive data centers with power generation facilities is viewed as a strategic solution to access large sources of electricity without lengthy interconnection processes or extensive grid upgrades. Recently, technology firms have turned to nuclear power for…Read the full report…...
Co-locating energy-intensive data centers with power generation facilities is viewed as a strategic solution to access large sources of electricity without lengthy interconnection processes or extensive grid
upgrades. Recently, technology firms have turned to nuclear power for its steady, carbon-free output to directly power these high-demand facilities. However, the co-location trend has raised concerns over grid reliability and potential cost impacts.
The Oregon Department of Energy on Nov. 1 released its Biennial Energy Report providing the latest energy outlook for the state with statistics on energy consumption, production, and greenhouse gas emissions. The report revealed that Oregon spent a total of $19.5 billion on energy use in 2022, which is a 60 percent jump from 2020…...
The Federal Energy Regulatory Commission on Nov. 1 issued an order rejecting amendments to an interconnection service agreement between PJM Interconnection, Talen Energy, and PPL Electric Utilities that would have increased co-located load capacity at Talen’s Susquehanna nuclear plant to power an Amazon data center. The proposal sought to expand the capacity from 300 to…...
The U.S. Energy Department has announced $44.8 million in capital from the 2021 Infrastructure Investment and Jobs Act for eight projects that will reduce expenditures of recycling electric vehicle batteries and electric vehicle battery parts, with the overall long-term objective of reducing vehicle costs. Since the inception of the Biden Administration over four million electric…...
The U.S. Energy Department on Oct. 30 released new resources to assist U.S. households and home energy efficiency contractors comprehend how to meet the requirements for funding in federal tax credits, made available by the 2022 Inflation Reduction Act, for home energy enhancements. The resources incorporate a Tax Credit Product Lookup Tool to assist determine…...
The New Jersey Board of Public Utilities on Oct. 31 approved the Triennium 2, or T2, energy efficiency programs to reduce utility costs for residential gas and electric customers. The state’s seven gas and electric utility companies will implement the T2 programs from Jan. 1, 2025, to June 30, 2027, with a collective budget of…...
The Southwest Power Pool (SPP) Board of Directors on Oct. 29 approved a landmark plan to invest $7.7 billion to expand the region’s power transmission capacity to meet increasing future demand. The organization’s 2024 Integrated Transmission Plan is the largest in both scope and investment, the board has approved in the last 20 years. The…...