Advanced nuclear solutions are garnering broad support with a slate of initiatives including funding research, developing regulatory frameworks, and planning or constructing advanced reactors. The ability of nuclear energy to produce carbon-free power is increasingly considered critical for decarbonizing the power sector to fight climate change while ensuring a reliable electricity supply.
Growth in commercial electricity demand during 2023 was more evident in states going through speedy development of large-scale computing facilities such as data centers, according to a June 28 report published by the U.S. Energy Information Administration. Electricity consumption across the U.S. commercial sector has improved since the COVID 19 pandemic, with yearly U.S. electricity…...
The Department of Energy awarded $63 million to support the commercialization of four transformative energy technologies. The funding is through the Seeding Critical Advances for Leading Energy technologies with Untapped Potential, also known as SCALEUP. This marks the third cohort of projects selected under the program. The SCALEUP initiative provides new funding to previous Advanced…...
The U.S. Senate approval of President Biden’s three nominees to serve on the Federal Energy Regulatory Commission (FERC) brings the agency to its full complement of five commissioners. The move comes as FERC is considering key issues including…Read the full report …...
New York Governor Kathy Hochul has launched the eighth annual round of solicitation for large-scale renewable energy projects in the state. Expanding on New York’s 10-Point Action Plan, the new projects will advance the state’s goal of generating 70 percent of its electricity from renewables by 2030. The solicitations will be managed by the New…...
The U.S. Senate last week approved President Biden’s three nominees to serve on the Federal Energy Regulatory Commission (FERC) bringing the agency to its full complement of five commissioners. Industry and clean energy groups welcomed the move saying that a fully staffed commission is crucial to address challenges posed by an aging electric grid, the…...
Monthly residential electric bills this summer (June through August) are projected to average $173 in the U.S., marginally higher than last summer’s average of $168, according to a June 13 report published by the U.S. Energy Information Administration. The agency projects increased electricity usage this summer due to the expectation of higher temperatures this summer…....
Construction began on June 10 to transform the South Brooklyn Marine Terminal (SBMT) in New York City into what would be the nation’s largest offshore wind port, according to a press release from the New York State Energy Research and Development Authority (NYSERDA). The facility will serve as the operations and maintenance hub for Empire…...
Electricity supply shortage could occur if demand during peak periods is higher than projected or if electricity supply produced is lower than anticipated, according to the North American Electric Reliability Corporations (NERC) 2024 Summer Reliability Assessment. The U.S. Energy Information Administration issued an analysis on June 10, highlighting the findings of the assessment. The continental…...