Federal watchdog urges EPA to develop comprehensive cyber strategy to protect water systems Aug. 6, 2024 The Biden administration has prioritized the drinking and wastewater treatment industries as a number of high-profile hacking incidents have raised concerns about the ability to secure the nation’s drinking water and water treatment sectors. The White House and EPA…
US to invest $2.2 billion to overhaul national power grid August 5, 2024 The Biden administration said on Tuesday it is investing $2.2 billion to revamp the nation’s power grid to protect it against growing threats of extreme weather events. The U.S. government has been working to overhaul the country’s electric transmission system, which is…
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…
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…
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…
FBI warns of increased cyber threats to expanding US renewable energy sector JULY 02, 2024 The Federal Bureau of Investigation (FBI) published Monday a Private Industry Notification (PIN) emphasizing how malicious cyber actors may seek to disrupt power-generating operations, steal intellectual property, or ransom information critical for normal functionality to advance geopolitical motives or financial…
Entergy Texas announces resiliency plan to strengthen the Southeast Texas power grid 07/01/2024 Extreme weather has become more frequent and severe in Texas. According to the National Centers for Environmental Information, there have been 179 extreme weather events in Texas from 1980 to June 2024, including hurricanes and winter storms. These extreme events, coupled with…
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…
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…
Cybersecurity experts sound alarm over US power grid vulnerabilities June 2, 2024 The White House announced efforts last week to upgrade the country’s aging energy infrastructure in a move to reduce power outages and make improvements to the grid amid soaring demand, but threats from nefarious forces continue to pose a security risk, experts say.…
AI is poised to drive a doubling in data center electricity demand by 2030, studies say Energize Weekly, June 5, 2024 Data centers, spurred by increased artificial intelligence applications, could double their demand for electricity in the U.S. reaching 9.1 percent of the nation’s electricity load by 2030, according to analysis by the Electric Power…
EPA to ramp up cybersecurity inspections for water utilities 21/05/2024 The Environmental Protection Agency (EPA) has issued a stark warning to the nation’s water utilities, highlighting significant gaps in cybersecurity compliance amid a growing wave of cyber threats. Announced on Monday, the EPA’s new enforcement alert reveals that over 70% of inspected water systems fail…