Electricity consumption is increasing in Texas, due to higher demand from large scale computing facilities such as data centers and cryptocurrency mining operations, according to an Oct. 3 report published by the U.S. Energy Information Administration. Texas, with relatively low costs for land and electricity, has attracted a high concentration of cryptocurrency mining operations and…...
The U.S. Energy Department, on Oct. 3, announced $1.5 billion for four transmission projects that will improve grid reliability and resilience and support the development of 7.1 gigawatts (GW) of new capacity across six states. The department also released its final National Transmission Planning Study, which finds that expansion of the transmission system throughout the…...
The U.S. Interior Department on Oct. 1 issued the draft guidance for states on applying for up to $40 million each in Regulatory Improvement Grant funding to clean up polluting and unsafe orphaned gas and oil wells throughout the U.S. Through 2021 the Infrastructure Investment and Jobs Act, the department is funding the largest investment…...
The California Public Utilities Commission announced on Oct. 3 that over 11.5 million residents will receive reductions in their October electric bills through the California Climate Credit. In total, California will pay over $800 million for residents and $82 million for small businesses. The credit is funded by proceeds from the Cap-and-Trade program, which establishes…...
Utility-Scale U.S. solar electricity generation averaged 63.1 gigawatthours between 10am and 6pm each day in the Lower 48 states during August 2024, according to an Oct. 2 report published by the U.S. Energy Information Administration. This is 36 percent higher than for the same hours during 2023. During August 2024, 107.4 gigawatts (GW) of solar…...
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.