U.S. natural gas storage levels are projected to be at 3,954 billion cubic feet (Bcf) by Oct. 31, 2024, according to an Aug. 7 report published by the U.S. Energy Information Administration. This will be the highest storage level at the end of the injection season since November 2016. As of the end of March…...
The U.S. Energy Department on Aug. 6 announced $2.2 billion for eight grid infrastructure projects across 18 states. The core objectives of the investment are to improve grid resilience to extreme weather shocks, increase grid capacity to accommodate growing demand, and integrate clean and renewable power sources into the grid. These grid infrastructure projects are…...
U.S. imports of renewable diesel averaged 30,000 barrels per day (b/d) during the January to May 2024 period, according to an Aug. 6 report published by the U.S. Energy Information Administration. U.S. imports from renewable diesel come from Neste’s plants in Rotterdam and Singapore and are destined mainly for the U.S. West Coast, where the…...
U.S. coal stockpiles at power plants, as of May 2024 were at their highest level since the first half of 2020, according to an Aug. 5 report published by the U.S. Energy Information Administration. Coal stockpiles were recorded at 138 million short tons at the end of May, up 0.6 percent compared to the previous…...
The Minnesota Public Utilities Commission on Aug. 2 approved Minnesota Power’s high-voltage direct-current, or HVDC, transmission project designed to increase capacity to prepare the system for future expansion and address grid reliability. The approval allows for a capacity of up to 900 megawatts (MW), up from the current 550 MW capacity. The project is estimated…...
Hurricane Beryl, the first major hurricane of the 2024 Atlantic hurricane season, has brought new attention to the fragility of the Texas power grid and the pressing need to…Read the full report…...
Hurricane Beryl, the first major hurricane of the 2024 Atlantic hurricane season, has brought new attention to the fragility of the Texas power grid and the pressing need to strengthen utility infrastructure to ensure reliability. The hurricane made landfall in the Texas Gulf Coast, a key hub for the U.S. energy industry, on July 8.
The U.S. Energy Department on Aug. 2 announced that Wisconsin has unveiled its initial Home Energy Rebates program, supported by the 2022 Inflation Reduction Act. Wisconsin is the first state in the U.S. to inaugurate the Home Efficiency (HOMES) segment of the rebate program. The program particularly empowers lower income families to save on energy…...
The U.S. Energy Department on Aug. 1 announced up to $63 million in funding for state and local governments to expand battery recycling and upgrade U.S. manufacturing. The initiative will accomplish this by creating innovative technologies such as advanced sensors and modeling that is more accessible to small and medium sized manufacturers. The funding, administered…
The Connecticut Department of Energy and Environmental Protection convened on July 29 to review its Draft 2024 Connecticut Clean Hydrogen Roadmap. The document analyzes how Connecticut’s hydrogen ecosystem can develop and compares its viability to existing energy sources to help the state meet its clean energy goals. Clean hydrogen is projected to play a crucial…...
U.S. crude oil imports from Canada are significantly imperative to U.S. oil refiners, accounting for the majority of total U.S. crude oil imports, according to an August 1 report published by the U.S. Energy Information Administration. As of Jan. 1, 2024 U.S. oil refining capacity was recorded at 18.4 million barrels per day (b/d). During…...