Ethan Howland of UtilityDive reports on a proposed transmission project across PJM, the nation’s largest Regional Transmission Organization. American Electric Power, Dominion Energy Virginia and FirstEnergy are proposing several multi-state transmission projects in the PJM Interconnection they designed through an ‘innovative joint planning agreement,’ the companies said Monday. ‘By leveraging the expertise and resources of...
David Winning and Julie Steinberg of The Wall Street Journal report that Rio Tinto is expanding its interest in lithium. SYDNEY—Rio Tinto has agreed to a $6.7 billion takeover of Arcadium Lithium, propelling it into the ranks of the top producers of a key commodity used in batteries for electric vehicles. The Anglo-Australian mining giant on...
Myra P. Saefong of MarketWatch reports on gas demand from Hurricane Milton in Florida. Hurricane Milton is one of the Atlantic Basin’s strongest storms on record and the frenzy of evacuations in Florida, where it’s expected to make landfall Wednesday evening, has led to shortages at nearly 16% of the gasoline stations in Florida, according...
Jacob Bogage and Maxine Joselow of The Washington Post report on how Hurricane Milton may impact FEMA’s nationwide recovery efforts. Federal relief agencies are confronting a potential budget shortfall as aid begins reaching communities battered by Hurricane Helene and large swaths of the Southeast prepare for Hurricane Milton to strike Florida as a monster storm. The funding crunch is most dire...
Amanda Chu and Andrew Jack of the Financial Times report that Princeton is reversing its ban on fossil fuel-funded research. Princeton University has reversed a policy that had sharply constrained the funding of academic research by fossil fuel companies, after pressure from faculty members and concerns that the rules risked hindering work on environmental challenges....
Hal Bernton of Inside Climate News reports on Alaska’s potential for underground hydrogen. Alaska geologist Mark Myers hopes that underground reserves of hydrogen could fuel a new state energy industry. His dreams were launched by a well drilled in the African country of Mali that yields enough hydrogen to fuel a village electric power plant. ...
Joe Burns of Utility Dive writes on ARPA-E funding for data center cooling. Advanced Cooling Technologies will receive $1.1 million through two subcontracts with the U.S. Department of Energy’s Advanced Research Projects Agency-Energy. The funding is part of ARPA-E’s Cooling Operations Optimized for Leaps in Energy, Reliability and Carbon Hyperefficiency for Information Processing Systems program,...
The Economist writes on how conflict in the Middle East might impact oil prices. EVER SINCE Hamas’s attacks on Israel a year ago, the biggest fear in oil markets has been that tensions would escalate into a full-blown regional war pitting Israel against Iran, the world’s seventh-largest producer of crude. Until recently both countries seemed keen to...
Paul Tice writes in The Hill about the folly of Europe’s climate strategy. Since the 2015 signing of the Paris climate agreement, the European Union has become the government standard-bearer for the climate change movement, plunging headlong into the legal and regulatory work required to achieve the United Nations’s global emissions targets. Europe aspires to...
Rahul Mewawalla writes in Power about the role that America’s heartland is playing in the digital revolution. The artificial intelligence (AI) revolution is transforming our world, but it comes with an insatiable surge in data centers that are powered by an ever-growing appetite for energy. As AI and high-performance computing (HPC) applications proliferate, the tech...
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