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Clean energy mandate for Vt. utilities becomes law after Democrats override veto

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…

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Big energy projects moving fast, face $150 billion a year in cost overruns, Bain & Co. says

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…

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U.S. Solar Sector Shows Record-Setting Growth

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…

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To Beat the Summer Heat and Support the Transition to Clean Energy, Con Edison Puts $2.3 Billion Plan In Action

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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NRG Applies to the Texas Energy Fund to Bring Essential Dispatchable Power to ERCOT

NRG Applies to the Texas Energy Fund to Bring Essential Dispatchable Power to ERCOT Jun 10, 2024 Today, NRG Energy Inc. (NYSE: NRG) submitted the first of three loan applications to the Texas Energy Fund (TEF) to develop the previously announced 1,600 megawatts (MW) (1.6 Gigawatts) of new quick-start natural gas power generation in the…

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Bill Gates is breaking ground on a nuclear power plant in Wyoming

Bill Gates is breaking ground on a nuclear power plant in Wyoming Jun 10, 2024 Bill Gates and his energy company are starting construction at their Wyoming site for a next-generation nuclear power plant he believes will “revolutionize” how power is generated. Gates was in the tiny community of Kemmerer Monday to break ground on…

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CVEC alerts customers of rate increases due to rising costs and line upgrades

CVEC alerts customers of rate increases due to rising costs and line upgrades Jun 11, 2024 The Central Virginia Electric Cooperative (CVEC) has announced that customers will see a rate increase on their bills starting on June 12. This comes after the CVEC filed a streamlines rate case with the Virginia State Corporation Commission on…

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City council rejects Power San Diego proposal

City council rejects Power San Diego proposal Jun 10, 2024 The push by a voter initiative to assume control of the power responsibilities of San Diego Gas & Electric collected over 30,000 signatures. This compelled the city council to deliberate on whether San Diego voters would have the opportunity to terminate their SDG&E contract in…

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Atlanta to tap AI to detect water main breaks

Atlanta to tap AI to detect water main breaks JUNE 10, 2024 he City of Atlanta plans to use artificial intelligence to address its aging water infrastructure, Mayor Andre Dickens announced in a press conference last Wednesday, less than a week after two water main breaks left businesses, medical facilities, concerts, sporting events, and residential…

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U.S. natural gas output rises as methane emissions fall, pointing to pollution control gains

U.S. natural gas output rises as methane emissions fall, pointing to pollution control gains Energize Weekly, June 12, 2024 U.S. natural gas production rose by 40 percent between 2015 and 2020, while methane emissions from drilling and extraction fell by 37 percent – pointing to significant gains in pollution control, according to a report by…

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ConocoPhillips-Marathon Deal Represents a Pivot

ConocoPhillips-Marathon Deal Represents a Pivot June 04, 2024 The ConocoPhillips-Marathon Oil transaction represents a pivot in U.S. shale mergers and acquisitions, from deals focused on increasing exposure in a single key basin or play to acquiring a multi-basin operator. That’s what Enverus Intelligence Research (EIR) Principal Analyst Andrew Dittmar said in a statement sent to…

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Dominion Energy finishes burying 2,000 miles of power lines ahead of hurricane season

Dominion Energy finishes burying 2,000 miles of power lines ahead of hurricane season Jun 03, 2024 Just ahead of the Atlantic hurricane season, Dominion Energy Virginia has finished burying 2,000 miles of previously-overhead power lines as part of its Strategic Underground Program. Launched in 2014 to reduce storm-related power outages and shorten restoration times, the…

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