Oil and gas mergers set to cool after a hot first quarter in 2024 with $51 billion in deals Energize Weekly, May 1, 2024 Mergers and acquisitions (M&A) in the U.S. upstream oil and gas sector in the first quarter of 2024 kept up last year’s record-setting pace with $51 billion in deals, but the…
New LNG facilities boost U.S. exports even as Biden administration pauses new approvals Energize Weekly, April 24, 2024 Bolstered by new of liquefied natural gas (LNG) export terminals, U.S. natural gas exports are projected to grow more than 25 percent by 2025 to 16.4 billion cubic feet a day, according to the federal Energy Information…
Reconductoring transmission lines could be one solution to the growing demands on the grid Energize Weekly, April 17, 2024 Faced with a soaring demand for transmission capacity in the U.S. and a dwindling number of new transmission projects, one strategy could be to upgrade the existing transmission network to carry two to three times as…
Tri-State G&T faced with co-ops leaving and a stalled rate increase sees bond ratings drop Energize Weekly, April 10, 2024 Facing the departure of four member cooperatives and the failure to get federal regulators to approve a rate increase, Tri-State Generation and Transmission Association bonds were downgraded by two rating agencies. Fitch Ratings and Moody’s…
Baltimore bridge collapse likely to pinch coal exports and energy-related imports Energize Weekly, April 4, 2024 The collapse of the Francis Scott Key Bridge, after being hit by a container vessel, has blocked the Port of Baltimore, throttling imports and exports of a wide range of goods, including cars, sugar, and coal. The port ranks…
The U.S. is facing an “unprecedented” shortage of electric transformers, NREL says Energize Weekly, March 27, 2024 The U.S. is facing an “unprecedented” shortage of electric distribution transformers creating challenges for the nation’s utilities, according to a study by the National Renewable Energy Research Laboratory (NREL). The nation’s grid faces the dual pressures of aging…
Methane emissions were flat in 2023 but still too high to curb climate change, IEA says Energize Weekly, March 20, 2024 Methane emissions from the production and use of fossil fuels reached 20 million tons in 2023, and while levels have been generally flat for the past five years, they remain too high to meet…
New solar installations set a record in 2023 with 32 gigawatts of new capacity Energize Weekly, March 13, 2024 New solar installations – spurred by federal grants and tax credits – reached a record 32.4 gigawatts (GW) of capacity in 2023, a 51 percent increase year-over-year, according to a Solar Energy Industries Association-Wood Mackenzie market…
Poor grid interconnection policies are causing project backups across the U.S., study says Energize Weekly, March 6, 2024 The grid interconnection process in the U.S. is so “dysfunctional” that more than two million megawatts of generation and storage are waiting to be hooked up, according to an analysis by Advanced Energy United (AEU). The study…
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…
Growing electricity demand from electric vehicles poses risks to the bulk power system, NERC says Energize Weekly, February 21, 2024 The growing demand for electricity to charge electric vehicles (EVs) – depending upon the timing of the charging – could threaten the bulk power system, according to a study by the North American Electric Reliability…
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…
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