U.S. crude oil exports exceeded 4.1 million barrels per day (b/d) during 2024, surpassing the previous record set during 2023, according to an April 10 report published by the U.S. Energy Information Administration. Despite the increase in crude oil exports, year-on-year growth slowed to one percent during 2024, compared with 14 percent during 2023 and…...
The U.S. Energy Department on April 9 announced conditional commitments to provide high assay low enriched uranium, or HALEU, to five U.S. nuclear developers to fulfill their short-term fuel requirements. The five companies are: TerraPower, Kairos Power, TRISO-X, Radiant Industries, and Westinghouse Electric Company. This first round of HALEU allocations is a positive step in…...
The U.S. Energy Department on April 9 announced a number of actions to unleash American coal production. The announcement follows U.S. President Donald Trump’s executive order, “Reinvigorating America’s Beautiful Clean Coal Industry.” The actions are aimed to strengthen U.S. energy and industrial security, develop domestic critical mineral production, help modernize and enhance coal technologies, and…...
U.S. coal production was recorded at 578 million short tons (MMst) during 2023, less than half of the volume produced during 2008, when U.S. coal production was at its peak, according to an April 8 report published by the U.S. Energy Information Administration. The decline in U.S. coal production can be attributed to increasingly stringent…...
U.S. propane consumption hit a record high of 1.48 million barrels per day (b/d) during January 2025, according to an April 7 report published by the U.S. Energy Information Administration. Propane consumption during January 2025 was the highest monthly amount since February 2007 and the highest January consumption on record. The increase in propane consumption…...
The U.S. Energy Department on April 3 announced plans to position the U.S. as a global leader in (AI) and reduce energy expenditures by co-locating new energy infrastructure and data centers on its lands. The department issued a request for information to explore the potential utilization of federal lands for AI infrastructure expansion to support…...
PJM Interconnection LLC, which operates the grid across 13 states and the District of Columbia, has proposed a price cap and floor for its upcoming capacity market auctions for the 2026/2027 and 2027/2028 delivery years. Though intended as a temporary measure to restore stability to the…Read the full report…...
PJM Interconnection LLC, which operates the grid across 13 states and the District of Columbia, has proposed a price cap and floor for its upcoming capacity market auctions for the 2026/2027 and 2027/2028 delivery years. Though intended as a temporary measure to restore stability to the capacity market, the move has raised concerns about market distortion by artificially inflating prices and stifling investment signals.
The U.S. Energy Department on April 1 announced the repeal of a policy statement issued under the Biden administration that required authorized liquefied natural gas exporters to meet specific criteria before the agency would consider extending the commencement date for an approved project. The move aligns with the Trump administration’s efforts to expand U.S. oil…...
U.S. uranium concentrate production reached a six year high of around 680,000 pounds of U3O8 during 2024, according to an April 3 report published by the U.S. Energy Information Administration. Despite increasing production and government policies to incentivize uranium concentrate, the U.S. remains a net importer. Uranium is widely used by nuclear power plants for…...
The New England grid operator, at the bequest of New England States Committee on Electricity (NESCOE), has issued a request for proposal to address long term transmission solutions, according to an April 1 press release. The proposals are expected to be submitted in September 2025. Following assessment by the operator, a preferred solution may be…...