The U.S. Energy Department has announced the closing of up to $1.52 billion in a loan guarantee to Holtec Palisades LLC to recommission the 800-megawatt (MW) Palisades Nuclear Plant in Michigan. Further, the U.S. Agriculture Department has awarded more than $1.3 billion in grants to two rural electric cooperatives to lower the cost of electricity…...
Recent power purchase agreements between nuclear plant owners and data centers highlight data center operators’ efforts to secure emissions-free power, but future electricity demand is subject to uncertainties, according to an Oct. 1 report from the U.S. Energy Information Administration. Factors such as the size of new data center capacity, the time required for each…...
The California Public Utilities Commission has opened a new proceeding to address long-term natural gas planning to advance decarbonization and guide the transition to a sustainable energy future. This initiative will address complex, unresolved issues from a prior proceeding initiated in 2020 to create a long-term planning framework for the natural gas system, as well…...
The U.S. Energy Department on Sept. 27 announced approximately $44 million for tribal communities to install clean energy technology that will lead to reduced energy expenditures, along with energy resilience and security. The department awarded $18.8 million to American Indian and Alaska Native communities for clean energy infrastructure deployment and announced another $25 million for…...
The push to expand energy storage capacity reflects the drive for more resilient and flexible energy systems to support the shift to clean energy. The U.S. Energy Information Administration (EIA) anticipates significant growth in…Read the full report …...
The push to expand energy storage capacity reflects the drive for more resilient and flexible energy systems to support the shift to clean energy. The U.S. Energy Information Administration (EIA) anticipates significant growth in energy storage with nearly 36 gigawatts (GW) added by the end of 2028 based on plans reported by utilities. At the end of 2023, U.S. electric utilities reported operating about 15.8 GW of battery storage capacity.
The Public Utility Commission of Texas on Sep. 27 approved a reliability plan for the Permian Basin Region to address the future electricity requirements of the area. The plan provides a comprehensive overview of required transmission upgrades to existing and new transmission lines that would help meet increasing electricity demand. The decision also details next…...
Net U.S. natural gas exports averaged 12.6 billion cubic feet per day (Bcf/d) during the first half of 2024, up one percent compared to the first half of 2023 according to an Sept. 25 report published by the U.S. Energy Information Administration. Net exports were two percent less than in 2023. U.S. natural gas exports…...
New York Governor Kathy Hochul on Sep. 26 signed two bills aimed to improve transparency and accountability in rate changes requested by public utilities. The first one requires the Public Service Commission to publish financial information before major rate changes by public utilities and the second imposes penalties for false statements made during rate proceedings…....
The New York State Office of Renewable Energy Siting and Electric Transmission on Sept. 24 approved siting permits for two major renewable energy projects, which have a combined capacity of 387 megawatts. Together, the projects, Rich Road Solar Energy Center in St. Lawrence County and the Prattsburgh Wind project in Steuben County, have the potential…...
The U.S. Energy Department on Sep. 23 announced a $112.5 million funding opportunity to advance the commercial viability of wave energy technologies. This marks the department’s largest investment in marine energy. The five-year funding program will cover research and development activities, such as design, manufacture, and testing of wave energy converters. The total tidal energy…...
