Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023

Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023

Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023 Energize Weekly, February 7, 2024 Global investments in the energy transition from fossil fuels to clean tech climbed 17 percent in 2023 to a record $1.8 trillion, according to a study by the energy research…

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U.S. Oil Drillers Are Going Electric—and Hitting Speed Bumps

U.S. Oil Drillers Are Going Electric—and Hitting Speed Bumps January 29, 2024 In the country’s busiest oil field, frackers are devouring nearly as much electricity as four Seattles every day—and they are clamoring for more. Diamondback Energy, a major producer in the Permian Basin of West Texas and New Mexico,…

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Texas’ grid has gone 3 years without a crisis. Will it last?

Texas’ grid has gone 3 years without a crisis. Will it last? 01/30/2024 In the three years since deadly blackouts paralyzed Texas, two major winter storms have hit the electricity grid without plunging the state into blackouts. Texas has touted its success during those two events — Elliott in December…

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Lawmakers propose to keep Utah running on coal and natural gas

Lawmakers propose to keep Utah running on coal and natural gas Jan 29, 2024 Republicans on Capitol Hill are working to keep coal and natural gas in Utah’s future. There’s a bumper sticker making its way around the Capitol this year. It reads simply, “powered by coal.” Rep. Colin Jack,…

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AES positioned to provide tech sector with growing renewable energy solutions

AES positioned to provide tech sector with growing renewable energy solutions January 19, 2024 With data centers and generative AI (GenAI) driving an enormous demand for power and major technology firms working to fulfill ambitious clean energy goals, AES Corp. said it is positioned as the premiere provider of renewable…

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Solar generation continues expand rapidly on the U.S. grid while coal continues its decline

Solar generation continues expand rapidly on the U.S. grid while coal continues its decline

Solar generation continues expand rapidly on the U.S. grid while coal continues its decline Energize Weekly, January 17, 2024 Solar and coal-fired electricity generation are continuing to head in opposite directions over the next two years with solar being the leading source of new generation and coal activity falling to…

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Energy Department has cyber threats to infrastructure in mind with $70 million funding offer

Energy Department has cyber threats to infrastructure in mind with $70 million funding offer JANUARY 5, 2024 The Department of Energy is offering $70 million in funds toward research and development for technology that would protect delivery infrastructure against cyber-related threats and other physical hazards, part of what a senior…

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Only a nuclear reactor can make Pueblo “whole” after Xcel Energy closes last coal-fired plant, local group says

Only a nuclear reactor can make Pueblo “whole” after Xcel Energy closes last coal-fired plant, local group says Jan 8, 2024 The only way Pueblo can be “made whole” after the closure of Xcel Energy’s massive, coal-fired Comanche Station is for the utility to replace it with an advanced nuclear…

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Coordination of Texas electric and natural gas sectors key in dealing with blackouts

Coordination of Texas electric and natural gas sectors key in dealing with blackouts

Coordination of Texas electric and natural gas sectors key in dealing with blackouts Energize Weekly, January 10, 2024 Better coordination between the Texas electric and natural gas industries is key to getting individual generating facilities up and running – a so-called blackstart – after a cold-weather blackout, according to a…

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Hawaii completes assessment of Oahu energy system and critical infrastructure

Hawaii completes assessment of Oahu energy system and critical infrastructure December 29, 2023 The Hawaii State Energy Office (HSEO) recently concluded work on an initiative called the O‘ahu Energy System and Critical Infrastructure Vulnerability and Resiliency Assessment. The assessment involved a comprehensive hazard and risk assessment of O’ahu’s critical energy…

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Energy cases to watch in 2024

Energy cases to watch in 2024 01/02/2024 Energy regulators’ power to address planet-warming emissions is in the crosshairs in federal courts in 2024. In one of the year’s biggest cases, the Supreme Court could rein in the Federal Energy Regulatory Commission’s ability to use 50-year-old laws to take bold action…

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New manufacturing facilities and data centers are driving increased electricity demand

New manufacturing facilities and data centers are driving increased electricity demand

New manufacturing facilities and data centers are driving increased electricity demand Energize Weekly, December 27, 2023 The U.S. electric grid is ill-prepared for a surge in demand coming from new manufacturing, data centers and in future years, electrification of transport and building heating. Meanwhile, the queue of generation projects waiting…

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Solar generating capacity to set a record 33 gigawatts of new installations in 2023

Solar generating capacity to set a record 33 gigawatts of new installations in 2023

Solar generating capacity to set a record 33 gigawatts of new installations in 2023 Energize Weekly, December 13, 2023 Bolstered by a strong third quarter, a record 33 gigawatts (GW) of solar capacity were installed in 2023, even as the sector faces headwinds in 2024, according to a market report.…

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ERCOT cancels additional capacity request for winter, CEO says Texas grid is ‘adequately’ prepared

ERCOT cancels additional capacity request for winter, CEO says Texas grid is ‘adequately’ prepared November 19, 2023 The state’s power grid won’t add any additional capacity this winter, according to an ERCOT statement. ERCOT said it made this decision after weighing various factors and accounting for a limited market response.…

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AI threats are here. Are Biden and the energy industry ready?

AI threats are here. Are Biden and the energy industry ready? 10/30/2023 The White House launched a new strategy Monday to protect American privacy — and critical infrastructure like the electric grid — from artificial intelligence gone wrong. But as AI creeps into the energy sector, experts say much more…

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U.S. DOE awards $3.5 billion for 58 projects to make electric grids safer and more resilient

U.S. DOE awards $3.5 billion for 58 projects to make electric grids safer and more resilient

U.S. DOE awards $3.5 billion for 58 projects to make electric grids safer and more resilient Energize Weekly, October 25, 2023 The U.S. Department of Energy (DOE) has made $3.5 billion in grants to utilities in 44 states to improve grid reliability and to take measures to meet the risks…

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Global electricity grid must be upgraded urgently to hit climate goals, says IEA

Global electricity grid must be upgraded urgently to hit climate goals, says IEA 17 Oct 2023 Ministers have been urged to “open their eyes” to the need to build a vast network of new electricity grids to allow countries to hit climate goals, the chief of the world’s energy watchdog…

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EVs could capture 80 percent of new car sales in China, Europe, and the U.S. by 2030

EVs could capture 80 percent of new car sales in China, Europe, and the U.S. by 2030

EVs could capture 80 percent of new car sales in China, Europe, and the U.S. by 2030 Energize Weekly, October 11, 2023 While it took six years for electric vehicles (EVs) to climb to from 1 percent to 10 percent of the passenger car market, in another seven, they could…

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Indigenous tribes urge federal officials to deny loan request for Superior, WI natural gas plant

Indigenous tribes urge federal officials to deny loan request for Superior, WI natural gas plant September 11, 2023 Indigenous tribes in Minnesota, Michigan and Wisconsin have asked federal officials to deny a utility’s request for a loan to help build a natural gas-fired power plant on the shores of Lake…

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TVA Plans to Invest $15 Billion Over the Next Three Years to Meet Region’s Growth

TVA Plans to Invest $15 Billion Over the Next Three Years to Meet Region’s Growth Aug. 28, 2023 During the decade before COVID, TVA’s seven-state region saw almost no electric load growth. Post-COVID, the region has experienced tremendous economic growth, fueled by several factors. The Tennessee Valley Authority Board of…

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Public meeting held to address proposal to close four coal plants in Western Kentucky

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…

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APS says rate hike vital to keep homes in Phoenix powered, recover infrastructure costs

APS says rate hike vital to keep homes in Phoenix powered, recover infrastructure costs Aug 4, 2023 As a rate increase for Arizona Public Service customers is on the horizon, the president of the company said it is necessary to recover infrastructure costs and to continue powering Phoenix homes. Regaining…

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Michigan PSC approves DTE Energy’s Integrated Resource Plan, setting path to net zero emissions by 2050

Michigan PSC approves DTE Energy’s Integrated Resource Plan, setting path to net zero emissions by 2050 July 28, 2023 DTE Energy received approval for its CleanVision Integrated Resource Plan (IRP) this week from the Michigan Public Service Commission (MPSC), greenlighting a clean energy plan that will speed the end of…

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Infrastructure and green energy spending are powering the economy

Infrastructure and green energy spending are powering the economy July 28, 2023 A surge in government funding and related private investment is beginning to make its way to businesses and communities across the country, building electric vehicles, new bridges, airport upgrades and a host of other infrastructure and green energy…

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Congestion on the U.S. electric grid added $20.8 billion in costs in 2022

Congestion on the U.S. electric grid added $20.8 billion in costs in 2022

Congestion on the U.S. electric grid added $20.8 billion in costs in 2022 Energize Weekly, July 26,2023 The increasingly choked U.S. electric grid – sometimes preventing the cheapest generation from getting online – cost consumers $20.8 billion in 2022, a 55 percent year-over-year increase, according to utility consultant Grid Strategies.…

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Ontario Building More Small Modular Reactors to Power Province’s Growth

Ontario Building More Small Modular Reactors to Power Province’s Growth July 07, 2023 The Ontario government is working with Ontario Power Generation (OPG) to commence planning and licensing for three additional small modular reactors (SMRs), for a total of four SMRs at the Darlington nuclear site. Once deployed, these four…

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Global EV sales set to triple by 2026 led by China, Europe, and the U.S.

Global EV sales set to triple by 2026 led by China, Europe, and the U.S.

Global EV sales set to triple by 2026 led by China, Europe, and the U.S. Energize Weekly, July 12, 2023 Electric vehicle (EV) sales are projected to almost triple between 2022 and 2026, reaching nearly 27 million vehicles as the technology pushes beyond automobiles to trucks and buses, according to…

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How old coal plants could help fuel a renewable boom

How old coal plants could help fuel a renewable boom 06/30/2023 When Pennsylvania’s largest coal plant closes Saturday, it will leave behind more than towering smokestacks and mounds of coal waste. The Homer City Generating Station has a valuable asset: a connection to both the nation’s largest regional power grid…

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TVA preparing to start up new gas-powered turbines at former Alabama coal plant

TVA preparing to start up new gas-powered turbines at former Alabama coal plant June 21, 2023 Seven years after the last of the coal-fired generators were shut down at the Colbert Fossil Plant, the Tennessee Valley Authority is preparing to start up three new natural gas combustion turbines at the…

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FERC finalizes new rules to improve reliability in extreme weather conditions

FERC finalizes new rules to improve reliability in extreme weather conditions June 20, 2023 The Federal Energy Regulatory Commission (FERC) finalized two new rules last week that are designed to help improve reliability of the bulk power system against threats of extreme weather. The first rule directs the North American…

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Tax Incentives To Supercharge U.S. Clean Energy Transition

Tax Incentives To Supercharge U.S. Clean Energy Transition Jun 18, 2023 The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have released guidance on key provisions in the IRA to expand the reach of the clean energy tax credits and help build projects more quickly and affordably.…

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Storage battery installations surge in first quarter of 2023 led by Texas and California

Storage battery installations surge in first quarter of 2023 led by Texas and California

Storage battery installations surge in first quarter of 2023 led by Texas and California Energize Weekly, June 7, 2023 Total battery storage installations in the U.S. are surging with first quarter 2023 capacity up 52 percent to 10.8 gigawatts (GW) with another 3.2 GW slated for the second quarter, according…

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U.S. grid facing blackout risks this summer and next winter, reliability agency warns

U.S. grid facing blackout risks this summer and next winter, reliability agency warns

U.S. grid facing blackout risks this summer and next winter, reliability agency warns Energize Weekly, May 24, 2023 U.S. power grids are facing a risky summer and an even riskier winter, according to analyses by the North American Electric Reliability Corp. (NERC), the agency that oversees grid reliability and security.…

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Legal war brews over EPA power plant rule

Legal war brews over EPA power plant rule 05/12/2023 EPA has rolled out its strongest-ever proposal to slash planet-warming emissions from power plants — but before the agency can tackle one of the nation’s leading sources of climate pollution, the strategy must first survive the courts. Legal observers say that…

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Westinghouse unveils “game-changing” AP300 small modular reactor

Westinghouse unveils “game-changing” AP300 small modular reactor MAY 8, 2023 Cranberry Township-based Westinghouse Electric Company announced Thursday it had launched a “game-changing” nuclear technology advancement – a new small modular reactor. The AP 300 reactor is a 300-MWe single-loop pressurized water reactor, the company said, based on the scaled design…

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Duke Energy’s Impact Report details progress toward ESG, business goals

Duke Energy’s Impact Report details progress toward ESG, business goals May 01, 2023 Duke Energy released a report that outlines its approach to sustainability and its progress on strategic business priorities and goals. Among the key points in Duke’s Impact Report, the company said its planned investment of $145 billion…

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Surge in clean generation and storage projects creating a backlog on U.S. electric grids

Surge in clean generation and storage projects creating a backlog on U.S. electric grids

Surge in clean generation and storage projects creating a backlog on U.S. electric grids Energize Weekly, April 26, 2023 A surge in clean energy projects – a 40 percent year-over-year increase in 2022 – is creating a traffic jam in getting onto the U.S. electric grid, according to a Lawrence…

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A key link in bringing Wyoming wind power to California gets federal BLM approval

A key link in bringing Wyoming wind power to California gets federal BLM approval

A key link in bringing Wyoming wind power to California gets federal BLM approval Energize Weekly, April 19, 2023 After 15 years of planning and permitting battles, a key piece in billionaire Philip Anschutz’s $8 billion project to bring Wyoming wind power to California – the 732-mile TransWest Express transmission…

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