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…
Power plant coal shipments dropped 8 percent in 2023 but will see a slight rebound in 2024 Energize Weekly, July 24, 2024 Coal shipments in the U.S. decreased 8 percent in 2023, continuing a two-decade trend as more coal-fired power plants are retired, although deliveries could see a bump this year, according to data from…
Energy companies win dismissal of Baltimore’s climate change case July 11, 2024 A Maryland judge on Thursday dismissed a lawsuit by the city of Baltimore seeking to hold energy giants such as Exxon Mobil(XOM.N), opens new tab, BP(BP.L), opens new tab and Chevron(CVX.N), opens new tab responsible for climate change, saying the case went beyond…
ConocoPhillips Still Sees Marathon Oil Merger Closing Q4 despite FTC Probe July 15, 2024 ConocoPhillips has maintained that its $22.5 billion acquisition of Marathon Oil Corp. can be completed by the fourth quarter (Q4) despite facing an extended anti-trust review by the United States competition regulator. The Federal Trade Commission (FTC) issued a so-called “second…
CIB Invests $283.5 Million in New Alberta Transmission Line July 11, 2024 The Canada Infrastructure Bank (CIB) is providing Alberta electricity transmission companies, AltaLink and ATCO Electric, with a loan of $208.16 million to construct a transmission line, the Central East Transfer-Out project, in the counties of Red Deer, Lacombe and Stettler. The loan will…
Dominion, Virginia move forward in pursuing small modular reactor goals July 12, 2024 Virginia’s pursuit of nuclear power technology, though ambitious and not without resistance, continues to prove more than empty rhetoric, as representatives from Dominion Energy and the Youngkin administration gathered Wednesday at a company power station to share the next steps. Dominion had…
With electricity demand predicted to double, Dominion Energy looks to add “peaker plants” July 16, 2024 In 2020, Virginia became the first southern state to lay out a legal mandate for a carbon-free electrical grid. That’s why it was a surprise to many when Dominion Energy announced plans to build a new natural gas plant…
Seattle City Light to increase rates due to higher demand, rising energy costs July 15, 2024 The Seattle City Light Department recently announced a plan to increase rates for customers amid a growing energy demand and heightened labor costs. Customers could see a 5.4% rate increase in 2025 and 2026, which equates to about an…
Federally proposed bill promotes Energy Dept.’s use of AI in energy, national security, science 7/15/2024 A newly introduced bill on Capitol Hill aims to advance America’s leadership in artificial intelligence (AI) by establishing a program at the U.S. Department of Energy (DOE) that would promote the department’s use of the technology in its work in…
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