retail electricity

Residential Electricity Prices Mirrored Inflation Trends Over The Past Decade: EIA

The change in average U.S. residential electricity prices has largely tracked the rate of inflation over the last 10 years, rising by less than one percent in inflation adjusted terms from 2013-2023, according to an Sept. 11 report published by the U.S. Energy Information Administration. Majority of the states across the U.S. regulate residential power…...

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U.S. Interior Announces Approval of Transmission and Solar Projects in Nevada

The U.S. Interior Department on Sept. 9 announced the expansion of a number of clean energy projects across Nevada. The announcement follows newly released data which show the steps taken by the Biden administration thus far to enhance and speed up the federal permitting processes are assisting in executing more projects with enhanced efficiency. The…...

solar panels roof solar cell

Puerto Rico to Install Up to 3,000 Solar and Battery Systems on Low-Income Homes by Year-End: DOE

With the help of the U.S. Energy Department, Puerto Rico has completed installation of the first in a series of thousands of solar and battery systems on low-income residences across the island, according to a Sept. 9 press release from the department’s National Energy Technology Laboratory. By the end of 2024, the department estimates installing…...

electricity rate

Utility Regulators Signed Off on $9.7 Billion in Electricity Rate Increases Last Year: EIA

Net electricity rate increases signed off by U.S. state utility regulators reached $9.7 billion in 2023, up from $4.4 billion authorized in 2022, according to a Sept. 9 report published by the U.S. Energy Information Administration. Net electricity rates are expected to be lower in 2024 compared to 2023, however significantly higher than previous years…....

President Biden Commits U.S. to Achieve 50 Percent Emissions Reductions in 2030

EPA Announces $300 Million in Climate Pollution Reduction Grants for Tribes and U.S. Territories

The U.S. Environmental Protection Agency on Sept. 5 announced the selection of 34 projects that will receive $300 million in federal funding to tackle climate issues in Tribal nations and a U.S. territory. The funding is part of the Climate Pollution Reduction Grants, or CPRG, program established by the 2022 Inflation Reduction Act to fund…...

Massachusetts Hydro Quebec Contracts

Biden Administration Invests $430 Million to Enhance U.S. Hydropower Infrastructure

The U.S. Energy Department on Sept. 5 announced the selection of 293 hydroelectric enhancement projects across 33 states that will receive up to $430 million in incentive payments to update hydropower facilities. These projects have been managed by the Grid Deployment Office and financed by the 2021 Infrastructure Investment and Jobs Act, or IIJA. The…...

EnerKnol Research PU Visual Primer Retail Transportation Electrification 2024 09 10 Blog preview

U.S. Invests Billions to Accelerate Shift Toward Zero-Emission Transportation

The U.S. is accelerating its transition to clean transportation through substantial investments to expand the electric vehicle (EV) charging network and support…Read the full report…...

EnerKnol Research PU Visual Primer Retail Transportation Electrification 2024 09 10 Blog preview

Visual Primer: U.S. Invests Billions to Accelerate Shift Toward Zero-Emission Transportation

The U.S. is accelerating its transition to clean transportation through substantial investments to expand the electric vehicle (EV) charging network and support domestic production capabilities for EVs and their components.

New Jersey Approves Funding Method for 3.5-Gigawatt Offshore Wind Program

Biden Administration Approves US Wind’s 2–Gigawatt Wind Project Offshore Maryland

The U.S. Interior Department on Sep. 5 announced its approval of US Wind’s Maryland Offshore Wind Project, which has the potential to generate 2 gigawatts (GW) of renewable energy for the Delmarva Peninsula and supply more than 718,000 homes. This marks the tenth commercial-scale offshore wind project approved under the Biden administration. With this, the…...

U.S. Energy Department Approves LNG Exports From Four Texas Facilities

U.S. Energy Department Grants LNG Export Permit for New Fortress Energy

The U.S. Energy Department has authorized New Fortress Energy to export liquefied natural gas to non-Free Trade Agreement countries, according to a Sept. 3 press release from the company. The approval allows exports of up to ~1.4 million tonnes per annum to non-Free Trade Agreement countries from the company’s Fast LNG 1 facility located offshore…...

LNG exports double

North America’s LNG Export Capacity Poised to Double by 2028: EIA

North American liquified natural gas (LNG) export capability is expected to increase from 11.4 billion cubic feet per day (Bcf/d) during 2023 to 24.4 Bcf/d in 2028, according to a Sep. 3 report published by the U.S. Energy Information Administration. The agency’s projection hinges on the expectation that projects that are currently being developed will…...