U.S. Energy Department’s Loan Programs Office has announced a provisional pledge to Ultium Cells LLC for a $2.5 billion loan to aid the financing of new-found lithium-ion battery cell production plants in Ohio, Tennessee, and Michigan. The three plants are expected to bring economic prosperity into their respective states and are likely to create 6,000…...
The Iowa Utilities Board on July 26 granted certificates for Duane Arnold Solar Projects, pending approval from the Linn County Board of Supervisors. The certificates authorize Duane Arnold Solar LLC and Duane Arnold Solar II LLC to use a public resource within an area. On the back of this, the project proposes to use photovoltaic…...
The U.S. produced 21,000 pounds of uranium concentrate last year, which is less than one percent of the 2014 production of 4.9 million pounds, the highest since 2000, according to a July 26 report from the U.S. Energy Information Administration. Uranium is the fuel that is widely used by nuclear power plants for nuclear fission…....
The Midcontinent Independent System Operator’s (MISO) board of directors on July 25 approved the largest portfolio of transmission projects in the grid operator’s footprint, authorizing $10.3 billion worth of long-range transmission plan, or LRTP, projects to ensure grid reliability during the clean energy transition. The LRTP transmission projects are expected to enhance system performance to…...
The evolving retail electricity marketplace has prompted reforms to strengthen customer protections and expand options to access clean energy while addressing reliability concerns.
The Illinois Commerce Commission on July 22 directed Ameren to carry out a cost-benefit analysis of the company’s continued membership in the Midcontinent Independent System Operator (MISO) versus joining the PJM Interconnection. MISO’s failure to fulfil resource demand in a capacity auction for the period June 2022-May 2023 triggered rising wholesale prices and utility bills…...
The U.S. Energy Department on July 21 released a notice of intent to offer $225 million for states and local governments to advance the application of latest building energy standards to aid in the development of buildings that consume less energy. The Building Energy Codes: Resilient and Efficient Codes Implementation Program, which is funded by…...
The U.S. Energy Department’s Office of Fossil Energy and Carbon Management on July 21 announced a funding of US $96 million allocated for projects aimed at developing clean automotive technologies that can reduce carbon dioxide emissions from the domestic transportation industry. The investment complements the $5 billion National Electric Vehicle Infrastructure Formula Program, or NEVI,…...
The White House on July 20 announced that the U.S. Interior Department will pursue offshore wind energy development in the Gulf of Mexico, as part of a series of executive actions to tackle climate change. The department proposed the first wind energy areas in the region, which cover more than 700,000 acres and have the…...
U.S. refined coal production declined to almost zero during the first quarter of 2022, according to a July 20 report from the U.S. Energy Information Administration. Refined coal consumption in the U.S. during the first quarter of 2022, held a 10 percent share of coal fired electricity generation, significantly lower than then 31 percent share…...
