New method utilizes hydropower project signals to monitor grid stability 12 February 2024 Scientists at Oak Ridge National Laboratory (ORNL) and the University of Tennessee, Knoxville (UTK), have unveiled an algorithm designed to forecast electric grid stability by harnessing signals from pumped storage hydropower (PSH) projects. This innovation emerges as a crucial tool in navigating…
New 1.2-GW Natural Gas-Fired Plant Announced for Texas Feb 13, 2024 A Texas-based energy company has announced plans to build a 1.2-GW natural gas-fired power plant in Lee County, Texas, with construction expected to begin in 2025. Sandow Lakes Energy Co. on Feb. 12 said it would build the plant on property owned by the…
Xcel asks for more nuclear waste storage to operate Prairie Island until 2050s FEBRUARY 8, 2024 Xcel Energy says it needs to store far more nuclear waste at its Prairie Island facility to extend the plant’s life by 20 years, as it has proposed in its long-range plan. Keeping the plant’s two units running until…
To lower energy costs, California wants to tie bills to income. That plan is making enemies February 12, 2024 California is already home to some of the highest energy costs in the country, and those prices are only expected to rise as the state powers more of its economy with clean electricity. Now a state…
Arizona utility regulators vote to kill renewable standards February 8, 2024 Let the market dictate how utilities do business. That was the message from Arizona utility regulators on Tuesday after they voted to begin the process of repealing the state’s energy efficiency and renewable standards. Solar industry advocates expressed disbelief, saying while most states are…
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…
Oak Ridge public-private partnership looks to advance quantum tech for the power grid FEBRUARY 1, 2024 A new cooperative endeavor based at Tennessee’s Oak Ridge National Laboratory unites public and private sector players to push forward advancements in the quantum sciences field, particularly for solutions to further secure the U.S. energy grid. Unveiled last week,…
$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…
Xcel plans higher electric rates during peak evening hours, lower overnight costs FEBRUARY 6, 2024 Xcel has asked state utility regulators to let it switch Minnesota electric customers to variable rates, which on summer weekdays would be seven times more expensive from 3-8 p.m. than between midnight and 6 a.m., and nearly twice as expensive…
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…
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