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…...
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 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…...
The U.S. Energy Department has announced a notice of intent to prepare an environmental impact statement for Grid United’s proposed North Plains Connector project connecting the nation’s eastern and western electric grids. The $3.2 billion project includes approximately 420 miles of an up to 525 kilovolt high voltage transmission line, which would run from Montana…...
Total U.S. energy production between January and July 2024 was 68 percent, or 24 quadrillion British thermal units (quads) higher compared to the same period in 1974, according to an Oct. 29 report published by the U.S. Energy Information Administration. The increase in energy production, most notably natural gas and crude oil production can be…...
The U.S. Interior Department on Oct. 29 held the first commercial offshore wind lease sale in the Gulf of Maine. Overseen by the Bureau of Ocean Energy Management, the auction resulted in two provisional winners – Avangrid Renewables and Invenergy NE Offshore Wind – with almost $22 million in winning bids. The leased areas have…...
The U.S. Environmental Protection Agency on Oct. 29 announced 55 project selections that would receive almost $3 billion under the agency’s Clean Ports Program. Funded by the 2022 Inflation Reduction Act, the program supports the deployment of clean energy, zero-emission vehicles, and infrastructure at U.S. ports. The projects would facilitate the purchase of new zero-emission…...