The U.S. Energy Department on Oct. 25 announced $150 million in funding made available through the 2022 Inflation Reduction Act, or IRA, for projects focused on research and development to advance nuclear energy technologies and infrastructure improvements at the Idaho National Laboratory. The initiative is expected to be a key driver in supporting various projects…...
The California Public Utilities Commission on Oct. 25 issued a proposed order requiring restorative actions and $155.4 million in fines to be paid by the shareholders of Pacific Gas and Electric Company for violations related to the 2020 Zogg Fire. The order is part of a continuous attempt to make utilities accountable for instigating devastating…...
The U.S. Environmental Protection Agency on Oct. 24 announced a collaborative stakeholder engagement strategy to assist in the utilisation of the distinctive Greenhouse Gas Reduction Fund established by the Inflations Reduction Act, or IRA, enacted in August. IRA created the the $27 billion fund to offer viable grants to states, local governments, tribes and entitled…...
The Federal Energy Regulatory Commission staff on Oct. 20 issued its 2022-2023 Winter Energy Market and Reliability Assessment, providing an outlook for energy markets and electric reliability in the upcoming winter (December 2022 till February 2023). Natural gas prices for the are expected to remain higher than recent years at major trading hubs across the…...
The New England region relies on imported liquefied natural gas (LNG) in the winter to meet natural gas demand due to an inadequate gas pipeline network. The reliance on imports is increasingly fraught as the region competes in the global market where high and volatile prices pose supply risk and pricing uncertainty.
The Biden administration on Oct. 19 announced the first set of projects financed by the 2021 Infrastructure Investment and Jobs Act to support domestic production of batteries for electric vehicles and the power grid. The funding will also support domestic production of materials and components currently imported from other nations. The 20 corporations are expected…...
The U.S. Department of Interior on Oct. 18 announced that the Bureau of Ocean Energy Management will hold an offshore wind energy lease sale on Dec. 6, 2022, for regions on the Outer Continental Shelf off central and northern California. The sale is expected to play a key role in helping the Biden administration reach…...
Daily nuclear capacity outages in the U.S. dropped by 19 percent this summer, from June through August, compared to the same period last year, according to the U.S. Energy Information Administration. Outages averaged 2.5 gigawatts, down from the 3.1-gigawatt average in summer 2021. The decline is largely due to fewer unplanned outages, which fell by…...
The New York Energy Research Department Authority in collaboration with National Grid on Oct. 17 announced 21 community solar projects, equalling more than 120 megawatts, have been chosen in the course of the first round of a community solar program that provides the advantages of clean energy to underprivileged communities in the state. The Expanded…...
U.S. households that mainly use natural gas for heating are expected to pay on average $931 on heating during the winter period, which runs from October to March, according to an Oct. 17 report from the U.S. Energy Information Administration. This is $206, or 28 percent, higher compared to the previous year. The price of…...