The U.S. Energy Department on Oct. 28 announced the closing of a $2.26 billion loan to Lithium Americas Corp. to build a lithium processing facility in Humboldt County, Nevada. Once in operation, the facility will have an annual production capacity of 40,000 tonnes of lithium carbonate. As lithium is a key mineral used for electric…...
U.S. ethane production hit a record high of 3 million barrels per day (b/d) during May 2024, according to an Oct. 28 report published by the U.S. Energy Information Administration. The increase in ethane production can be attributed to persistent growth in ethane usage in the global petrochemical sector, higher ethane and natural gas production…...
Canada has passed legislation to unlock the vast potential of offshore renewable energy in Nova Scotia and Newfoundland and Labrador. This marks a significant step forward for the offshore wind industry in the region, establishing a…Read the full report…...
The U.S. Energy Department on Oct. 25 announced nearly $474 million in fiscal year 2024 funding for states, territories, and tribal nations through the Grid Resilience State and Tribal Formula Grants program supported by the 2021 Infrastructure Investment and Jobs Act. This brings the total awards under the program to $1.3 billion since FY 2022…....
Canada has passed legislation to unlock the vast potential of offshore renewable energy in Nova Scotia and Newfoundland and Labrador. This marks a significant step forward for the offshore wind industry in the region, establishing a joint regulatory framework to harness the Atlantic wind resources.
The Michigan Public Service Commission or Oct. 25 released a report on the state’s Energy Waste Reduction, EWR, programs, finding that EWR efforts could generate up to $1.4 billion in cost savings for utility customers over the 12- year lifecycle of these programs. The cost savings are a result of a decrease in demand of…...
The U.S. Energy Department’s Office of State and Community Energy Programs on Oct. 24 announced its first round of selectees through the Energy Auditor Training Grant Program. The program, financed under the 2021 Infrastructure Investment and Jobs Act, will allocate up to $27.98 million to 15 State Energy Offices and the American Samoa Territorial Energy…...
The U.S. Interior Department and the Office of Surface Mining Reclamation and Enforcement on Oct. 24 announced over $244 million funding for fiscal year 2024 to address hazardous and polluting abandoned mine lands, create jobs, and facilitate economic opportunity in Pennsylvania’s coal communities. This marks the largest annual state allocation under the Abandoned Mine Land,…...
The U.S. Energy Department on Oct. 23 announced a funding opportunity of up to $46 million for the research and development of advanced hydrogen and fuel cell technologies. The projects will focus on scaling up and demonstrating hydrogen fuel cell technology in high-impact applications. Through these projects, the funding will address two key objectives of…...
The U.S. Department of the Treasury and the Internal Revenue Service on Oct. 24 issued final rules for the Advanced Manufacturing Production Credit to bolster domestic manufacturing in the clean energy sector. The final rules largely follow the proposed regulations issued in December 2023. The rules clarify definitions and credit amounts for qualifying components including…...
U.S. natural gas production from shale and tight formation marginally declined between January to September 2024, compared to the same period in 2023, according to an Oct. 23 report published by the U.S. Energy Information Administration. If the same trend prevails for the remaining months during 2024, this would be the first year-on-year decline in…...
The New Jersey Board of Public Utilities on Oct. 23 adopted minimum filing requirements for investor-owned electric utilities to propose charging programs for medium- and heavy-duty, or MHD, electric vehicles and fleet. The requirements call for extensive planning, such as ensuring scalability and effectively managing grid load caused by EV charging. The filing requirements are…...