The Southwest Power Pool (SPP) Board of Directors on Oct. 29 approved a landmark plan to invest $7.7 billion to expand the region’s power transmission capacity to meet increasing future demand. The organization’s 2024 Integrated Transmission Plan is the largest in both scope and investment, the board has approved in the last 20 years. The…...
The U.S. Energy Department has announced a notice of intent to prepare an environmental impact statement for Grid United’s proposed North Plains Connector project connecting the nation’s eastern and western electric grids. The $3.2 billion project includes approximately 420 miles of an up to 525 kilovolt high voltage transmission line, which would run from Montana…...
U.S. crude oil imports from Canada reached a record high of 4.3 million barrels per day (b/d) during July 2024, according to an Oct. 30 report published by the U.S. Energy Information Administration. The increase in U.S. crude imports can be attributed to the expansion of Canada’s Trans Mountain pipeline. Capacity at the Trans Mountain…...
Total U.S. energy production between January and July 2024 was 68 percent, or 24 quadrillion British thermal units (quads) higher compared to the same period in 1974, according to an Oct. 29 report published by the U.S. Energy Information Administration. The increase in energy production, most notably natural gas and crude oil production can be…...
The U.S. Interior Department on Oct. 29 held the first commercial offshore wind lease sale in the Gulf of Maine. Overseen by the Bureau of Ocean Energy Management, the auction resulted in two provisional winners – Avangrid Renewables and Invenergy NE Offshore Wind – with almost $22 million in winning bids. The leased areas have…...
The U.S. Environmental Protection Agency on Oct. 29 announced 55 project selections that would receive almost $3 billion under the agency’s Clean Ports Program. Funded by the 2022 Inflation Reduction Act, the program supports the deployment of clean energy, zero-emission vehicles, and infrastructure at U.S. ports. The projects would facilitate the purchase of new zero-emission…...
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.