CenterPoint Energy sees up to $1.3 bln in restoration costs after Hurricane Beryl July 30, 2024 Electric and gas utility CenterPoint Energy (CNP.N), opens new tab said on Tuesday it expects total costs to restore facilities damaged by Hurricane Beryl to be in the range of $1.2 billion to $1.3 billion. Earlier this month, Hurricane…
NextEra considers restarting Iowa nuclear plant amid rising demand for carbon-free energy Jul 24 2024 NextEra Energy is considering restarting a nuclear plant in Iowa as demand for carbon-free energy grows amid a historic surge in electricity consumption. The Duane Arnold Energy Center in Palo, Iowa ceased operations in 2020 after 45 years of service.…
Maine regulators will map out the next decade’s demands on the power grid July 29, 2024 An initial 10-year plan by the state for guiding Maine’s electric utilities includes goals of improving the reliability and resilience of the power grid system in the face of climate change — while also keeping costs affordable for consumers.…
Hawaiian Electric nears completion of $1.7M weather station project to help prevent wildfires July 26, 2024 Hawaiian Electric Co. expects to fully complete its $1.7 million weather station project by the end of the month to help the company better predict and respond to weather conditions that could spark wildfires. Hawaiian Electric, which is installing…
U.S. electricity demand to rise spurred by the growth of data centers and electric vehicles Energize Weekly, July 31, 2024 After remaining relatively flat for the last 20 years, U.S. electricity demand is projected to grow 13 percent by 2030, boosted by demands from data centers, electric vehicles (EVs) and changing patterns of residential use,…
Largest US Offshore Wind Farm Begins Construction July 22, 2024 Governor Hochul recently announced the start of construction on New York’s largest offshore wind project, Sunrise Wind, a 924-megawatt project developed by Ørsted. Once completed, the project will provide enough clean energy to power approximately 600,000 New York homes, according to the press release. “We’re…
ONEOK to expand pipeline from Kansas to Denver July 22, 2024 Oklahoma energy company ONEOK plans to expand its pipeline capacity connecting Mid-Continent and Gulf Coast refined products supply with the greater Denver area to meet growing demand in that region. The project involves the construction of a new 230-mile, 16-inch diameter pipeline from Scott…
Some Exelon information systems affected by global cyber outage July 19, 2024 Some information systems at Exelon Corp (EXC.O), opens new tab and its local electric and natural gas utilities were affected by the global tech outage, the U.S. power company said on Friday. Exelon, which is based in Chicago and is one of the…
DC Circuit rejects bids to put hold on EPA power plant carbon rule Jul 22, 2024 The U.S. Court of Appeals for the District of Columbia Circuit on Friday rejected requests to put a hold on an Environmental Protection Agency rule limiting greenhouse gas emissions from power plants while litigation plays out. Under the EPA’s…
Before key hearings in North Carolina, Duke Energy makes tiny concessions to big gas ambitions July 18, 2024 Before pivotal hearings that begin Monday, Duke Energy has made a few small concessions to its plans for a giant fossil fuel buildout in North Carolina, winning over the once-skeptical state-sanctioned ratepayer advocate. Duke’s proposed settlement with…
FirstEnergy gains $1.2B in proceeds as sale of transmission subsidiary gets finalized July 19, 2024 FirstEnergy Corp. on July 17 received the remaining $1.2 billion in proceeds from the sale of its FirstEnergy Transmission LLC (FET) subsidiary, and said it will use the funds to further improve its balance sheet and support its five-year, $26…
Manchin, Barrasso announce permitting reform deal, breaking lengthy impasse 07/22/24 Sens. Joe Manchin (I-W.Va.) and John Barrasso (R-Wyo.) have reached an agreement on a bill to speed up the nation’s energy and infrastructure projects after about two years of trying to reach a deal. The bill takes on a suite of issues known collectively as…
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