Facing a growing crypto-mining sector, the U.S. to require reports of power use by miners Energize Weekly, February 14, 2024 Faced with a burgeoning cryptocurrency market and its rising demand for electricity, the U.S. government is going to collect monthly data on the industry’s use of power. The federal Energy Information Administration (EIA) has received…
$1.5 billion DOE loan aims to restart Palisades Jan 31, 2024 The Palisades nuclear power plant in Covert, Mich., may become the first in the United States to be restarted after permanent shut down—with help from a $1.5 billion loan being championed by the Biden administration. Holtec International could receive the funding as soon as…
U.S. Thermal Coal Finds New Life Overseas Feb 6, 2024 US thermal coal exporters recorded more than $5 billion in overseas sales in 2023, shipping upwards of 32.5 million metric tons of the high-polluting power fuel, according to Reuters, citing data from ship-tracking firm Kpler. These coal export earnings were the second highest since 2017,…
Red tape closes power plants before replacements ready Feb 2, 2024 Despite the key positions states like Ohio and Pennsylvania hold to solve future energy problems, shifting the power grid from coal and natural gas to wind and solar isn’t as easy as flipping a switch. A cadre of Pennsylvania legislators trekked to Columbus for…
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 group BloombergNEF. The largest investments…
Sunrun and PG&E Complete First Season of Innovative Residential Distributed Power Plant 29 Jan, 2024 Peaking at nearly 32 megawatts from 8,500 solar-plus-storage residential systems, Sunrun and Pacific Gas and Electric Company (PG&E) customers provided consistent, reliable clean energy to California’s power grid through the summer and fall of 2023 through an exclusive partnership between…
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, has increasingly relied on the…
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 2022 and Heather this January…
Energy Professionals welcome Pickering Nuclear life extension announcement Jan 30, 2024 The Society of United Professionals welcomes the government’s announcement to pursue the refurbishment of the Pickering B Nuclear Generating Station (PNGS). PNGS, and the thousands of high-quality union jobs that the plant supports, are a vital piece of the province’s economy and net-zero emissions…
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, R-St. George said he wants…
Tennessee natural gas pipeline decision ignites fiery debate January 22, 2024 The Federal Energy Regulatory Commission has approved plans to build a natural gas pipeline to supply a power plant the Tennessee Valley Authority plans to build near Clarksville, Tennessee, at the site of TVA’s biggest coal plant. Despite opposition from environmental groups, the commission…
TVA reaches its highest weekend power demand during the cold temperatures Jan 21, 2024 Icy temperatures followed us into the weekend, and the Tennessee Valley Authority broke another peak power record along the way. The peak power demand on Sunday morning at 9 a.m. Easter Time was 34,284 megawatts, with a system average temperature of…