The U.S. Energy Department on May 15 announced new actions to increase accountability and reduce wasteful spending of U.S. taxpayers’ money. As part of the Secretarial Memorandum titled, “Ensuring Responsibility for Financial Assistance, “ the department outlined its policy for evaluating financial assistance on a per case basis to recognize inefficient utilization of U.S. taxpayers’…
DetailsThe New York Public Service Commission on May 15 approved a series of reforms aimed at accelerating the state’s clean energy transition, including a notable increase in its annual large-scale renewable energy procurement target. The revised goal raises the land-based renewable energy target (known as Tier 1) from 4,500 gigawatt-hours to 5,600 gigawatt-hours per year…....
Utility regulators in several U.S. states are stepping up efforts to plan for the future of natural gas as decarbonization and electrification efforts take hold. New initiatives are exploring…Read the full report …...
Crude oil and other liquids fuel consumption growth are expected to weaken over the next two years, in line with a slowdown in economic growth, most notably in Asia, according to a May 15 report published by the U.S. Energy Information Administration. Oil consumption is still expected to grow, albeit at a slower rate. The…...
