U.S. annual energy consumption from renewables reached 11.5 quadrillion British thermal units in 2019, surpassing coal for the first time since before 1885, according to a May 28 report from the U.S. Energy Information Administration. The agency pointed to the growth of renewable energy, especially wind and solar energy, for electricity generation amid the continued…...
The Virginia State Corporation Commission on May 20 authorized Dominion Energy Inc. to establish an experimental, voluntary residential time-of-use, or TOU, rate schedule and a solar incentive program. Under the new schedule, participants will be subject to time-varying energy charges based on the season and the time period of consumption that the company categorizes as…...
U.S. active crude oil and natural gas rigs dropped to their lowest number in over three decades, according to a May 20 report from the U.S. Energy Information Administration. The number of rigs declined sharply to 339 on May 12, a 56 percent decline since March 17, due to an unprecedented drop in petroleum demand…...
The Federal Energy Regulatory Commission on May 21 authorized the Alaska LNG Project, which includes an 800-mile pipeline and a liquefied natural gas export facility. The $40-$45 billion project, developed by Alaska Gasline Development Corp. in partnership with BP and ExxonMobil, is expected to be the largest in the U.S. Democratic Commissioner Richard Glick dissented…...
