Xcel says big reason it needs to spend millions on new projects is regional grid’s reliability risks MARCH 4, 2024 The growing risk of unreliability and potential expense of buying energy on the open market is a big reason why Xcel Energy wants to make significant investments in its infrastructure. The issue was underscored last…
Rebooted commission could breathe new life into bills challenging Virginia’s largest utility February 26, 2024 Virginia clean energy champions have their fingers crossed that members of a resurrected legislative commission won’t water down four utility-focused bills when they meet in the off-season to reshape the failed measures for next year’s General Assembly. The rebooted Commission…
Natural gas-fired generation, the backbone of U.S. electricity generation, varies by region Energize Weekly, February 28, 2024 Natural gas generation is the largest source of electricity in the U.S. and is used across the country, but the scale and efficiency of that generation varies region by region, according to an analysis by the federal Energy…
US to add 36.4GW of new solar generation capacity in 2024, 58% of all capacity additions February 19, 2024 US power developers expect to add 36.4GW of new solar generation capacity in 2024, which would account for 58% of all new capacity additions in the US power sector, according to the US Energy Information Administration…
Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals Feb 17, 2024 In a recent report, the community-driven, nonprofit electric provider in Texas, Denton Municipal Electric (DME), is attracting interest from several crypto mining companies seeking to establish operations. These companies are eyeing a five-year agreement for powering their mining activities. On Feb. 16,…
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…
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…
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…
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…
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 solutions for technology customers and…
BLM roadmap opens 22 million acres of public lands to utility-scale solar development Energize Weekly, January 24, 2024 A total of 22 million acres of public lands in the West would be open to utility-scale solar development under a plan proposed by the U.S. Bureau of Land Management (BLM) on Jan. 17. At the same…
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 1960s levels, according to the…
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