AEP Ohio: Data center electricity demands to put central Ohio on same tier as Manhattan May 14, 2024 AEP Ohio is asking state regulators to sign off on a new plan to deal with the surge in data centers in central Ohio that is expected to eat up so much electricity in coming years that…
Global financing for clean tech manufacturing soared to $200 million in 2023 Energize Weekly, May 15, 2024 Global investment in clean technology manufacturing grew year-over-year by 70 percent to $200 billion in 2023, making it one of the largest industrial sectors for new financing, according to a report by the International Energy Agency (IEA). “Governments…
Rutherford County, surrounding rural communities get $25 million to expand broadband access May 7, 2024 The state’s efforts to expand access to reliable broadband to all Tennesseans by 2028 recently received a big financial boost. Last week, the Tennessee Department of Economic and Community Development announced the state was awarded $162.7 million for broadband expansion…
Biden-Harris Administration Announces $3B For Lead Pipe Replacement To Advance Safe Drinking Water As Part Of Investing In America Agenda May 2, 2024 Today, May 2, the U.S. Environmental Protection Agency announced $3B from President Biden’s Investing in America agenda to help every state and territory identify and replace lead service lines, preventing exposure to…
ExxonMobil will ‘still be producing oil and gas’ in 2050: CEO May 7, 2024 ExxonMobil (XOM) will still be producing oil and gas in 2050, the energy company’s CEO told Yahoo Finance on Monday, but fossil fuels will likely be a smaller part of the business. Darren Woods told Yahoo Finance’s Brian Sozzi and Akiko…
PJM predicts adequate resources to meet hotter, wetter summer demand May 06, 2024 Valley Forge, Pa.-based PJM Interconnection said Thursday it anticipates having enough resources to meet electricity demand for what weather forecasters say will be a hotter and wetter summer. In a release, the operator of the nation’s largest electrical grid said despite generator…
Coal-Fired Mill Creek Generating Station Readies for New 7HA.03 Gas-Fired Unit Apr 30, 2024 Louisville Gas and Electric Co. and Kentucky Utilities Co. (LG&E and KU) will replace two aging coal generation units at Mill Creek Generating Station in Kentucky—a combined 600 MW—with a 645-MW GE Vernova hydrogen-ready 7HA.03 gas turbine. GE Vernova announced the…
AI could drive a natural gas boom as power companies face surging electricity demand MAY 5 2024 Natural gas producers are planning for a significant spike in demand over the next decade, as artificial intelligence drives a surge in electricity consumption that renewables may struggle to meet alone. After a decade of flat power growth…
Anger builds over sweeping change in the way most Californians will pay for electricity May 7, 2024 With little debate two years ago, state lawmakers passed a complex energy bill that enabled a sweeping change in how most Californians are billed for electricity. The legislation was what Pacific Gas & Electric had asked for from…
Duluth electric utility owner Allete sold for $6.2 billion May 6, 2024 A Canadian pension board and a New York-based investment firm have agreed to purchase Allete, the parent company of Duluth-based utility Minnesota Power, for $6.2 billion. The partnership paid $67 per share to acquire Allete and plans to take the company private, pending…
Replacing old coal-fired plants with small nuclear reactors could be an economic boon Energize Weekly, May 8, 2024 The steady pace of coal-fired plant closures in the U.S. is leaving gaps in the economies of dozens of communities and creating risks to electricity reliability. One solution addressing multiple problems could be replacing coal with nuclear…
Where Are America’s Most Vulnerable Bridges? April 29, 2024 Hundreds of aging “fracture critical” bridges across the US are in poor condition, according to federal data. But weighing their needs and safety risks is a challenge. On any given day, motorists make some 87,000 trips across the Calcasieu River Bridge, which carries Interstate 10 over…