Record temperatures will increase electricity demand, but not natural gas or coal prices Energize Weekly, June 26, 2024 Record temperatures are set to increase electricity demand this summer, but analyses find that a combination of ample gas storage and more renewable generation will help prevent a spike in natural gas prices. “We expect the U.S.…
More than 30 Pa. schools detected toxic ‘forever chemicals’ in their drinking water that exceed EPA standard June 18, 2024 Chris Tomlinson said he and his wife were surprised and troubled to learn the drinking water at their daughter’s high school contained toxic PFAS chemicals. In March, the Central Bucks School District emailed parents and…
Taunton to test trains for South Coast Rail project June 17, 2024 The Massachusetts Bay Transportation Authority will run test trains for the South Coast Rail project starting today. Commuter rail trains will run through the Taunton area. According to the MBTA, The South Coast Rail project will restore commuter rail service between Boston and…
Phillips 66 Sells Stake in REX Pipeline to Tallgrass June 17, 2024 Integrated downstream company Phillips 66 is selling its 25 percent non-operated common equity interest in Rockies Express Pipeline LLC (REX) to a subsidiary of Tallgrass Energy LP (TGE) for an enterprise value of approximately $1.275 billion. TGE is the operator of REX and…
New NREL Report Highlights Pathways to Unlock Full Potential of Interregional Transmission June 14, 2024 Interregional transmission lines, which connect multiple planning regions, can offer numerous benefits to electric customers, such as increased grid reliability and reduced costs. However, current market and operating practices were not designed for such an interconnected system. “As we build…
Ontario’s new energy minister says natural gas plants must stay ‘to help fuel our economy’ June 13, 2024 Ontario’s new energy minister says the fast-growing province can’t afford an “ideological” push to wean its electricity system off fossil fuels even as concerns about climate change mount. “I cannot underscore this enough,” Stephen Lecce said Thursday…
DOE floats $900M to build advanced reactors 06/18/2024 The Department of Energy announced plans Monday to inject $900 million into developing small nuclear reactors — a shot in the arm for the industry as the Senate prepares to vote on a bill to boost the Nuclear Regulatory Commission’s capacity to license the technology. Up to…
As heat wave sweeps across Michigan, many will see impact of summer peak electric rates June 17, 2024 As Michiganders grapple with scorching temperatures this week, special electric rates meant to lessen strain on the grid and promote energy savings are in effect for millions of residents. For many customers of the state’s largest electric…
Clean energy mandate for Vt. utilities becomes law after Democrats override veto June 17, 2024 The biggest energy policy to come out of Montpelier this year is hitting home in concrete ways for two Vermont mothers who showed up to the Statehouse on Monday. The legislation requires all Vermont utilities to source 100% of their…
Big energy projects moving fast, face $150 billion a year in cost overruns, Bain & Co. says Energize Weekly, June 19, 2024 The scale and speed of the energy transition risks project delays and setbacks leading to cost overruns of 15 percent to 20 percent, equal to $150 billion a year, according to research paper…
U.S. Solar Sector Shows Record-Setting Growth Jun 6, 2024 A new report from two leading energy industry groups said a record 11 GW of new solar power module manufacturing capacity entered service during the first three months of this year, representing the largest quarter of solar manufacturing growth in U.S. history. The Solar Energy Industries…
To Beat the Summer Heat and Support the Transition to Clean Energy, Con Edison Puts $2.3 Billion Plan In Action June 10, 2024 Con Edison is investing $2.3 billion in infrastructure projects across New York City and Westchester County to keep its service safe and reliable and support the clean energy transition. The annual expenditure…
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