The U.S. Energy Department has awarded nearly $34 million to 19 projects led by industry and universities to increase the affordability and availability of clean hydrogen, which has applications in the fields of power generation, industrial decarbonization, and transportation. Hydrogen is an emission-free fuel and can be used for electricity production through fuel cells or…...
U.S. carbon markets demonstrated robust participation in recent auctions including Washington’s two consecutive auctions that sold out of carbon permits and raised over $850 million under the state’s cap-and-invest program launched this year. However, carbon-trading programs continue to face opposition in some jurisdictions over concerns of higher ratepayer bills.
The Illinois Commerce Commission on Aug. 3 opened an inquiry into Ameren Illinois Company’s cost-benefit analysis of its continued membership in the Midcontinent Independent System Operator (MISO) versus joining PJM Interconnection, which manages the grid in the northern part of the state. The study, released last month, concluded that MISO Zone 4 utilities joining PJM…...
A new 1,114-megawatt reactor at Georgia’s Vogtle nuclear power plant has begun commercial operation, joining two existing reactors at the plant, which is jointly owned by Georgia Power and three other utility companies. This is the first new reactor to start up in the U.S. since the Tennessee Valley Authority’s Watts Bar 2 was commissioned…...
LNG feed gas – natural gas deliveries by pipelines to U.S. liquefied natural gas export facilities – averaged 12.8 billion cubic feet per day during the first half of this year, up 0.5bcf/d or 4 percent compared to the same period in 2022 and 1 bcf/d or 8 percent higher than the annual average in…...
Power demand in Texas hit record highs in late June and July as homes and businesses increased air conditioning, fans, and other cooling equipment to tackle extreme heat waves. Hourly demand on the Texas power grid peaked at 82,579 megawatthours on July 18 in the 6:00 p.m. hour central time, according to a July 26…...
The deployment of carbon capture, utilization and storage (CCUS) technologies is expected to increase in the U.S., driven by federal and state initiatives to meet emissions reduction targets. Supportive policies, including $12 billion in funding from the Infrastructure Investment and Jobs Act (IIJA) of 2021 and enhanced tax credits under the Inflation Reduction Act (IRA) of 2022, are driving carbon capture projects across the U.S. Initiatives to expand carbon dioxide (CO2) pipelines to connect to sequestration sites have also gained momentum.
The U.S. Interior Department on July 19 announced the allocation of $120 million in funding as part of President Biden’s Investing in America agenda, forming a part of a larger $440 million investment for Tribal climate resilience programs. The funding aims to assist Tribal communities in combating severe climate-related environmental challenges in their homelands through…...
