Twelve new fields are expected to start production in the U.S. Federal Offshore Gulf of Mexico (GOM) during 2024 and 2025, according to an Sept. 16 report published by the U.S. Energy Information Administration. In the absence of production from these new fields, the agency would expect GOM production to decline. Crude oil and natural…...
The U.S. Energy Department has announced $40 million to bolster solar manufacturing, expand photovoltaic recycling, and foster new markets for solar technologies. The investments include the selection of four projects to receive $16 million, including $8 million from the 2021 Infrastructure Investment and Jobs Act, to enhance the lifespan of PV solar systems. The chosen…...
The Minnesota Public Utilities Commission on Sept. 13 established a final gas integrated resource planning framework for three major gas utility companies in the state: Xcel Energy, CenterPoint Energy, and Minnesota Energy Resources Corp. The commission’s directive on gas resource planning will ensure that residents have a stable and affordable gas supply during uncertainty or…...
Recent developments in U.S. carbon markets highlight a changing landscape marked by fluctuating auction prices, new initiatives, and…Read the full report …...
Recent developments in U.S. carbon markets highlight a changing landscape marked by fluctuating auction prices, new initiatives, and regulatory reviews.
Several U.S. natural gas power plants are exploring options to incorporate hydrogen into their operations in response to emissions reduction policies, according to an Sept. 12 report published by the U.S. Energy Information Administration. Hydrogen combustion does not produce carbon dioxide emissions and has garnered interest as an effective tool to support the progress toward…...
Natural gas pipeline takeaway volume in the Permian Basin is expected to increase with the Matterhorn Express Pipeline projected to become operational this month, according to a Sept. 10 report by the U.S. Energy Information Administration. This pipeline has a capacity of 2.5 billion cubic feet per day (Bcf/d). Matterhorn will carry gas from the…...
The California Energy Commission on Sep.11 adopted the 2025 Building Energy Efficiency Standards for new and renovated buildings as well as certain existing buildings. The updates include requirements for heat pumps and electric-ready buildings and stricter ventilation standards for improving air quality. The commission estimates that the new building energy standard will lead to cost…...
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…...
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…...
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…...
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…....
