The U.S. Interior Department on July 17 announced that it has revised its procedures for states applying to federal programs intended at cleaning up abandoned oil and gas wells. The updated guidance modifies two grant programs—the $1.93 billion Orphaned Wells State Formula Grant Program and $780 million Orphaned Wells State Matching Grant Program. The revisions…...
The U.S. Energy Department on July 16 announced a pilot program to fast-track the expansion of advanced nuclear reactors and support domestic nuclear fuel supply chains. The department issued a request for applications from qualified U.S. businesses to construct and operate nuclear fuel production lines through its authorization process. This initiative aims to cut U.S…....
Brookfield Asset Management, through its subsidiary Brookfield Renewable, has signed a landmark agreement with Google to provide up to 3,000 megawatts of carbon-free hydroelectric capacity across the U.S. The Hydro Framework Agreement, announced on July 15, is the largest corporate clean power deal for hydropower to date. On the same day, at the first Energy…...
The total operating capacity of U.S. coal-fired power stations is set to decrease from 172 gigawatts (GW) during May 2025 to 145 GW by the end of 2028, according to a July 14 report published by the U.S. Energy Information Administration. Coal usage in the U.S. electric power sector has declined significantly over the last…...
The Government of Canada and the Government of the Northwest Territories on July 14 launched a new initiative to apply artificial intelligence and digital scanning to historic drill core samples, aiming to uncover untapped mineral resources in the North and accelerate exploration of critical minerals. As part of the pilot, geoscientists will scan and analyze…...
The U.S. Energy Department on July 11 announced the approval of an exchange from the Strategic Petroleum Reserve, or SPR, with ExxonMobil Corporation to tackle logistical complexities affecting crude oil deliveries to the firm’s Baton Rouge refinery. The action will help maintain robust regional supply of transportation fuels across Louisiana and the wider Gulf Coast…....
State regulators are modernizing long-term resource planning frameworks for electric utilities to ensure greater flexibility, transparency, and alignment with evolving technologies, climate goals, and policy priorities. Integrated resource plans (IRPs) provide a…Read the full report…...
State regulators are modernizing long-term resource planning frameworks for electric utilities to ensure greater flexibility, transparency, and alignment with evolving technologies, climate goals, and policy priorities. Integrated resource plans (IRPs) provide a structured approach to identify the optimal mix of generation, storage, and demand-side resources needed to deliver reliable and affordable electricity to customers over a long-term planning horizon.
U.S. crude oil and natural gas production growth is projected to remain relatively high through 2030, according to a July 11 report by the U.S. Energy Information Administration. This growth is largely driven by rising exports of petroleum products and liquefied natural gas (LNG). Advances in drilling technologies, particularly horizontal drilling and hydraulic fracturing, have…...
California is projected to lose 17 percent of its oil refinery capacity within the next 12 months due to the planned shutdown of two refineries, according to a July 10 report published by the U.S. Energy Information Administration. If these closures proceed as expected, they could lead to increased fuel price volatility across the West…...
