DOD Backs Offshore Wind Project Near California Space Force Base Aug 11, 2023 A pilot floating offshore wind project near the California coast has been approved by the U.S. Dept. of Defense (DOD), the first of several steps needed by the 60-MW project that would be located near the Vandenberg Space Force Base. Vandenberg, in…
Chesapeake to complete Eagle Ford basin exit with SilverBow deal August 14, 2023 U.S. natural gas producer Chesapeake Energy (CHK.O) said on Monday it would sell its remaining Eagle Ford assets to SilverBow Resources (SBOW.N) for $700 million, completing its exit from the south Texas basin. The company’s asset sales in the basin has generated…
Data Centers in Oregon Strain Electricity Grid and Challenge Clean Energy Goals AUG 12, 2023 Data centers in Oregon are expected to consume significantly more electricity than initially estimated, according to three recent forecasts. This unexpected increase in energy consumption is placing additional strain on the Northwest electrical grid and raising concerns about the state’s…
Experts eye ways to mitigate physical assaults on US power grid 11 Aug, 2023 Industry experts offered a range of ideas for how power system planners can help bolster physical grid security during an Aug. 10 technical conference hosted by Federal Energy Regulatory Commission staff. The gathering, held jointly with staff of the North American…
Public meeting held to address proposal to close four coal plants in Western Kentucky Aug. 14, 2023 People from across Western Kentucky voiced their concerns over a proposal to close several coal plants. In Madisonville, the Public Service Commission hosted a public comment session Monday to address a recent proposal from Louisville Gas and Electric…
Quebec government says it is open to studying whether to restart nuclear reactor Aug 14, 2023 Quebec Energy Minister Pierre Fitzgibbon said Monday he agrees with Hydro-Québec’s decision to study a possible reopening of the province’s only nuclear power plant. Fitzgibbon was reacting to last week’s news that the power utility is looking into restarting…
Hawaiian Electric shares plummet 40% after Maui wildfires lawsuit August 15, 2023 Shares of Hawaiian Electric have plummeted nearly 40% since trading opened Monday over concerns that the utility company could be held liable for damage wrought by the Maui wildfires. A class-action lawsuit filed against Hawaiian Electric on Saturday alleges that the company “inexcusably…
A surge in carbon capture and storage projects brings promise, mergers and challenges Energize Weekly, August 16, 2023 Initiatives in the carbon capture market are surging with new projects, acquisitions, and a swell in government funding, but the sector could face challenges in permitting, capital costs and adequate subsidies, according to industry consultant Rystad Energy.…
How a grid rule change could derail Texas renewables 08/04/2023 In the midst of a sweltering summer when renewable energy has helped Texas avoid grid outages despite record demand, wind and solar companies are warning that a proposed rule may cripple their industry. The state’s main grid operator is reviewing a plan that would require…
North America Drops Multiple Rigs August 07, 2023 North America has gone back to losing rigs week on week, according to Baker Hughes’ latest rotary rig count, which was released on August 4. The region dropped 10 rigs week on week, taking its total count to 847, comprising 659 U.S. rigs and 188 Canada rigs,…
SRP and APS report record-breaking electricity demand during July heat wave Aug. 4, 2023 After July’s historic heat wave, both SRP and APS reported electricity demand skyrocketed, and the companies recorded the highest demand they have ever seen from customers. Both companies say it only takes one megawatt to power 160 Arizona homes. Last month,…
PSC to retire several coal, natural gas plants Aug 4, 2023 The Kentucky Public Service Commission (PSC) will provide several opportunities over the next month for the public to receive information and provide comments regarding Louisville Gas and Electric and Kentucky Utilities’ (LG&E/KU) request to retire four coal-fired electric generating units and three natural gas…
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