The U.S. Interior Department proposed to offer all available unleased areas in the Gulf of Mexico for oil and gas leasing in the auction to be held in March 2019, according to a Sept. 25 press release. The auction marks the fourth offshore sale under the 2017-2022 leasing program. The last auction held in August…
DetailsThe U.S. Energy Department announced a funding opportunity for projects designed to study the application of big data, artificial intelligence, and machine learning technology and tools to enhance the value of sensor data used to monitor the power grid, according to a Sept. 25 press release. The department said that advanced sensors called “phasor measurement…
DetailsThe Illinois Commerce Commission announced that Commonwealth Edison Company’s customers will see $318 million in benefits as a result of a settlement concerning the allocation of costs for transmission facilities in the PJM Interconnection LLC’s footprint, according to the agency’s Sept. 25 press release. The settlement, approved by the Federal Energy Regulatory Commission, is a…
DetailsU.S. energy related carbon emissions in 2017 dropped 0.9 percent from the prior year and 14 percent below 2005 levels, according to a Sept. 25 report from the U.S. Energy Information Administration. Although the gross domestic product grew by 2.3 percent from 2016 to 2017, the agency said that emissions were more than offset by…
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