Facing a growing crypto-mining sector, the U.S. to require reports of power use by miners Energize Weekly, February 14, 2024 Faced with a burgeoning cryptocurrency market and its rising demand for electricity, the U.S. government is going to collect monthly data on the industry’s use of power. The federal Energy Information Administration (EIA) has received…
Pollution risks worsening global water scarcity: Study FEBRUARY 6, 2024 Water scarcity could affect three billion more people than previously expected by mid-century, with increased pollution rendering river sources “unsafe” for humans and wildlife, researchers warned Tuesday. The UN’s climate science panel has said that around half the world’s population currently faces severe water scarcity…
Lawmakers look to send more state funds to clean up New Mexico’s abandoned oil wells Feb 5, 2024 A bipartisan New Mexico Senate bill intended to unlock more state funding for the clean up of abandoned oil and gas wells was endorsed by industry leaders during the 2024 Legislative Session. Senate Bill 249, sponsored by…
Oak Ridge public-private partnership looks to advance quantum tech for the power grid FEBRUARY 1, 2024 A new cooperative endeavor based at Tennessee’s Oak Ridge National Laboratory unites public and private sector players to push forward advancements in the quantum sciences field, particularly for solutions to further secure the U.S. energy grid. Unveiled last week,…
$1.5 billion DOE loan aims to restart Palisades Jan 31, 2024 The Palisades nuclear power plant in Covert, Mich., may become the first in the United States to be restarted after permanent shut down—with help from a $1.5 billion loan being championed by the Biden administration. Holtec International could receive the funding as soon as…
U.S. Thermal Coal Finds New Life Overseas Feb 6, 2024 US thermal coal exporters recorded more than $5 billion in overseas sales in 2023, shipping upwards of 32.5 million metric tons of the high-polluting power fuel, according to Reuters, citing data from ship-tracking firm Kpler. These coal export earnings were the second highest since 2017,…
Red tape closes power plants before replacements ready Feb 2, 2024 Despite the key positions states like Ohio and Pennsylvania hold to solve future energy problems, shifting the power grid from coal and natural gas to wind and solar isn’t as easy as flipping a switch. A cadre of Pennsylvania legislators trekked to Columbus for…
Xcel plans higher electric rates during peak evening hours, lower overnight costs FEBRUARY 6, 2024 Xcel has asked state utility regulators to let it switch Minnesota electric customers to variable rates, which on summer weekdays would be seven times more expensive from 3-8 p.m. than between midnight and 6 a.m., and nearly twice as expensive…
Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023 Energize Weekly, February 7, 2024 Global investments in the energy transition from fossil fuels to clean tech climbed 17 percent in 2023 to a record $1.8 trillion, according to a study by the energy research group BloombergNEF. The largest investments…
Sunrun and PG&E Complete First Season of Innovative Residential Distributed Power Plant 29 Jan, 2024 Peaking at nearly 32 megawatts from 8,500 solar-plus-storage residential systems, Sunrun and Pacific Gas and Electric Company (PG&E) customers provided consistent, reliable clean energy to California’s power grid through the summer and fall of 2023 through an exclusive partnership between…
U.S. Oil Drillers Are Going Electric—and Hitting Speed Bumps January 29, 2024 In the country’s busiest oil field, frackers are devouring nearly as much electricity as four Seattles every day—and they are clamoring for more. Diamondback Energy, a major producer in the Permian Basin of West Texas and New Mexico, has increasingly relied on the…
Texas’ grid has gone 3 years without a crisis. Will it last? 01/30/2024 In the three years since deadly blackouts paralyzed Texas, two major winter storms have hit the electricity grid without plunging the state into blackouts. Texas has touted its success during those two events — Elliott in December 2022 and Heather this January…
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