One of Texas’ top grid officials warned Friday that the western part of the state could see rolling blackouts within five years if more transmission lines aren’t built. Woody Rickerson, chief operating officer of the Electric Reliability Council of Texas, or ERCOT, told the Public Utility Commission on Friday that all their demand forecast scenarios...
Oil prices were little changed Friday after the U.S. said its naval blockade of Iranian ports could continue “indefinitely,” reigniting concerns over energy flows through the critical Strait of Hormuz. Brent futures, the international benchmark, lost 5 cents to $87.02 per barrel, while U.S. West Texas Intermediate (WTI) crude futures were 1 cent lower at...
The Trump administration said Wednesday it would cancel three proposed federal corridors designed to speed the development of multi-state electric transmission lines that were selected during the Biden administration. The decision lands as the Trump administration battles broader affordability concerns ahead of the November midterm election amid rising electricity prices and growing energy demand. Read...
A June geothermal lease sale held in New Mexico by the Bureau of Land Management netted more than $16.5 million, making it the second-highest-grossing sale in BLM history, while the top bid set a federal record of $701 per acre. Forty-seven parcels sold at an average of $107 per acre, more than triple the $32...
TRISO-X has extended its research and development agreement with Oak Ridge National Laboratory (ORNL) by 30 months. The two organizations have worked together since 2016. Their joint effort centers on improving the chemical engineering methods used to manufacture tri-structural isotropic (TRISO) nuclear fuel. “ORNL has been a critical partner in transforming years of TRISO fuel...
The US attempt to shift away from dependence on China for lithium, critical for batteries in electric vehicles and smartphones, has seen the Trump administration invest in Lithium Americas’ $3 billion Thacker Pass mine in Nevada. The renewed interest in developing the metal domestically has resulted in about 115 proposed mines popping up across the...
Dominion Energy will need to change its transmission cost allocation policy to directly assign the cost of certain transmission infrastructure to the new large-load facilities — such as data centers — which made that infrastructure necessary, the Virginia State Corporation Commission said in an order filed July 31. The mandatory contribution in aid of construction,...
In April, incumbent utilities in MISO and SPP seized on grid strain from elevated electricty demand to make a remarkable ask. A coalition calling itself the Grid Acceleration Coalition — ITC, Ameren, American Transmission Company (ATC), Entergy, Evergy, Xcel and others — asked the Federal Energy Regulatory Commission to suspend competitive bidding for transmission projects...
A startup that makes giant iron-air batteries that store enough power to last several days has raised a new round of funding valued at $750 million. Form Energy, which has now raised more than $2 billion in total, plans to use the money to boost manufacturing at its Weirton, WV, plant and for its first...
Scientists in the US have identified nearly 63,000 promising materials that could advance solid-state battery technology and speed up the development of safer and higher-performing energy storage. The researchers at Cornell University used an artificial intelligence (AI) framework called IonNet to search millions of possible materials for fast-ion conductors that are critical components of solid-state...
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