EnerKnol Research PU Visual Primer Carbon Capture 2024 07 16 Blog preview

Visual Primer: Carbon Dioxide Pipeline Projects Face Regulatory Hurdles Amid Growing Interest in Carbon Capture

The growing interest in carbon capture and storage (CCS) projects to address atmospheric emissions has drawn attention to the crucial role of pipelines in transporting carbon dioxide (CO2) to sequestration sites, highlighting concerns over safety issues. CCS involves the capture of CO2 from the emissions of industrial processes before they are released into the atmosphere for storage in subsurface geological formations.

Potomac Electric Power Unveils $15 Million Electric Vehicle Program for DC Customers

U.S. Energy Department Announces $1.7 Billion to Retool or Retrofit Auto Manufacturing Facilities for Electric Vehicles

The U.S. Energy Department has announced $1.7 billion to support the renovation of 11 closed or at-risk auto manufacturing facilities across eight states to manufacture electric vehicles and their supply chain. The selected facilities are located in Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia. The funding will help create and retain well paying…...

LNG rises

Global LNG Trade Rose in 2023 Driven by Increasing Demand and Expanded Export, Import Capacity: EIA

Global Liquified Natural Gas (LNG) trade rose by 3.1 percent year-on-year during 2023 to an average of 52.9 billion cubic feet per day (Bcf/d), according to a July 11 report published by the U.S. Energy Information Administration. The increase in LNG trade can be attributed to rising natural gas demand and increased infrastructure capability to…...

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U.S. Energy Department Announces $14 Million to Expand Battery Recycling

The U.S. Energy Department has selected two U.S. retail companies, Staples and Batteries Plus, to receive about $7 million each for a large-scale consumer battery recycling program. The program will create over 1,000 drop-off sites for consumers to turn in old batteries and battery-containing devices and reduce e-waste. The recycling project seeks to recover old…...

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New York Faces Shortfall to Achieve 70 Percent Renewable Energy Milestone: NYSERDA

A new report released by the New York State Energy Research and Development Authority states that several factors such as global inflation and high interest rates are hindering the state’s ability to reach 70 percent of their electricity from renewable sources by 2030. The draft version of New York’s Clean Energy Standard, or CES, Biennial…...

EnerKnol Research PU Visual Primer IRA 2024 07 09 Blog preview 1

Bipartisan Infrastructure Law and Inflation Reduction Act – Opportunities for Utilities

The enactment of the Infrastructure Investment and Jobs Act (IIJA) in 2021, also known as the Bipartisan Infrastructure Law, and the Inflation Reduction Act (IRA) in 2022, has unleashed billions in federal funding for theenergy sector. These include…Read the full report  …...

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Minnesota Commission Accepts Electric Utilities Integrated Distribution Plans

The Minnesota Public Utilities Commission has accepted integrated distribution plans, or IDPs, filed by Xcel Energy, Minnesota Power, Dakota Electric Association and Otter Tail Power. The IDPs examine the utilities’ current and future distribution projects and expenditure for their systems. The acceptance of the plans ensures the utilities are planning for the reliability, safety, security…...

EnerKnol Research PU Visual Primer IRA 2024 07 09 Blog preview

Visual Primer: Bipartisan Infrastructure Law and Inflation Reduction Act – Opportunities for Utilities

The enactment of the Infrastructure Investment and Jobs Act (IIJA) in 2021, also known as the Bipartisan Infrastructure Law, and the Inflation Reduction Act (IRA) in 2022, has unleashed billions in federal funding for the
energy sector. These include infrastructure improvements, clean energy deployment, transportation electrification, grid reliability, energy efficiency, and cyber security. Regulators across U.S. states have opened dockets requesting reports on utility actions or initiated proceedings to gather comments on utility opportunities.

energy consumption 2023

Fossil Fuels Accounted for Nearly 83 Percent of Total U.S. Energy Consumption in 2023: EIA

U.S. energy consumption declined one percent year-on-year during 2023 to 94 quadrillion British thermal units (quads), according to a July 3 report published by the U.S. Energy Information Administration. Fossil fuels, which consist of coal, natural gas and petroleum accounted for around 83 percent of total U.S. energy consumption. Non fossil fuels, which consist of…...

gasoline prices

Lower U.S. Gasoline Prices Due to Increasing Inventories: EIA

Average weekly U.S. gasoline prices have lost 19 cents per gallon (gal) in value since the 2024 high recorded on April 22 to $3.48/gal on July 1, according to a July 2 report published by the U.S. Energy Information Administration.  The price decline can be attributed to rising gasoline stocks, relatively subdued demand and comparatively…...