Energy Costs News
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DOE Releases Report on Accelerating Grid Solutions to Lower Costs and Improve Reliability
The U.S. Department of Energy this week (April 16) announced the release of its latest Pathways to Commercial Liftoff report, focused on unleashing the potential of advanced grid solutions. "Pathways to Commercial Liftoff: Innovative Grid Deployment," marks the tenth installment in the Liftoff series which launched in March 2023. This report demonstrates how commercially available advanced grid ...
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U.S. Announces New Actions for Clean Energy on Public Lands
The Biden-Harris administration this week announced a series of historic milestones and actions to promote responsible clean energy development on public lands and help achieve President Biden’s goal of creating a carbon pollution-free power sector by 2035.Secretary of the Interior Deb Haaland announced that the Department has now permitted more than 25 gigawatts of clean energy projects – ...
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Settlement Reached in FirstEnergy Ohio Utilities’ Grid Modernization Plan
FirstEnergy Corp.’s Ohio electric companies – Ohio Edison, The Illuminating Company and Toledo Edison – have reached a settlement on their Grid Modernization (Grid Mod) II plan that will expand the deployment of smart meters to an additional 1.4 million customers in Ohio.If approved by the Public Utilities Commission of Ohio (PUCO), the four-year, $421 million plan will build upon system upgrades ...
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DOE Finalizes Efficiency Standards for Lightbulbs to Save Americans Billions on Household Energy
The U.S. Department of Energy this week (April 12) finalized Congressionally-mandated energy efficiency standards for general service lamps (GSLs), which include the most common types of residential and commercial lightbulbs. These standards which will go into effect in July of 2028 for newly produced bulbs are expected to save American families $1.6 billion annually on household energy costs, ...
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EPRI Study: EV Efficiency Improvements Can Reduce Future Electric Infrastructure and Consumer Costs
In a joint study issued this week (April 10), EPRI and the Natural Resources Defense Council (NRDC) found that electric vehicle efficiency improvements have the potential to significantly reduce future electric infrastructure buildout, energy usage, and consumer costs over the next three decades as the U.S. works toward meeting net-zero targets by 2050.According to the study, by 2050, continued ...
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AES Hawaiʻi Launches 50-MWh Solar-plus-Storage Facility on O‘ahu
AES Hawaiʻi this week announced the launch of its West O‘ahu solar-plus-storage project in Kapolei – the company’s first facility to combine solar generation and battery energy storage on O‘ahu. Located on 66 acres of open University of Hawai‘i land, the West O‘ahu solar-plus-storage facility is generating 12.5 MW of clean energy for O‘ahu’s power ...
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Connecting the Dots: Putting Offshore Wind Energy to Work
By Tiffany Plate, NREL The most recent U.S. Census states that 44.4 million people, or nearly 14% of the population, live along the Atlantic Coast. That is a lot of people—who need a lot of electricity. And as the country pushes to decarbonize the energy sector, that power needs to increasingly come from renewable sources, like solar and wind. But densely populated coastlines often do not ...
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Harnessing the Sun: Hiden Analytical’s Leap Towards Sustainability
In an era where the clarion call for environmental stewardship and sustainability grows louder with each passing day, companies across the globe are stepping up to integrate green initiatives into their core business strategies. Hiden Analytical, a leading name in the field of advanced scientific instrumentation, has taken a significant leap forward in this direction. The company is thrilled to ...
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Tomorrow’s Sustainable Energy: Decentralised Carbon Capture
In recent years, the focus on mitigating carbon emissions has intensified, particularly concerning the challenges faced by centralised power plants in carbon capture, utilisation and storage (CCUS). The emergence of decentralised systems offers a transformative solution, promoting energy resilience, renewable electricity enablement and energy ...
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Florida Power & Light Announces Completion of Clean Hydrogen Hub
The FPL Cavendish NextGen Hydrogen Hub is the first clean hydrogen plant of its kind in the Sunshine State.This pilot project draws from local solar power to produce clean hydrogen.Blending 5% hydrogen with natural gas will allow the company to learn more about clean hydrogen and explore ways to provide low-cost, clean energy to FPL’s customers.Florida Power & Light Company announced it ...
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EnergyHub and Toyota Collaborate to Support the Electrical Grid
EnergyHub announced this week that they are collaborating with Toyota Motor North America to improve the electric vehicle ownership experience. A direct integration with EnergyHub’s platform enables Toyota and Lexus drivers to take advantage of certain utility programs designed to reduce the cost of charging for EV customers, while helping utilities ensure grid reliability and accelerate ...
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Biden Administration Invests $2.3 Billion in Projects to Expand Clean Power in Rural Communities
As part of President Biden's Investing in America agenda, U.S. Department of Agriculture Secretary Tom Vilsack this week (March 6) announced that USDA is moving forward on clean energy investments in 23 states to reduce pollution and strengthen rural America's power grid. The announcement includes the first five awards totaling $139 million under the Powering Affordable Clean Energy (PACE) ...
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Wärtsilä to deliver one of Scotland’s largest energy storage systems to Zenobe with Quantum High Energy
Technology group Wärtsilä will supply a 300-megawatt (MW) / 600-megawatt hour (MWh) energy storage system under an Engineered Equipment Delivery (EEQ) contract to Zenobe, an electric vehicle fleet and battery storage specialist, in Kilmarnock, Scotland. This is the second energy storage system Wärtsilä is delivering to Zenobe, and it will be one of the largest in Scotland to ...
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Biden- Harris Administration Invests $60 Million to Expand Clean, Renewable Geothermal Energy
In support of President Biden's Investing in America agenda, the U.S. Department of Energy this week (Feb 13) announced the selection of three projects that will receive up to $60 million to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). Funded by the landmark Bipartisan Infrastructure Law, the pilot projects will use innovative technology and a variety of ...
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Benefits of Heat Pumps Detailed in New NREL Report
Millions of U.S. households would benefit from heat pumps, but the cost of installing the technology needs to come down to make their use a more attractive proposition, according to researchers at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL). The findings, detailed in the journal Joule, quantify the costs and benefits of air-source heat pumps across the United ...
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Biden-Harris Administration Requests Proposals to Expand and Modernize the Nation’s Electric Grid
In support of President Biden’s Investing in America agenda, the U.S. Department of Energy this week announced a Request for Proposals (RFP) for the second round of the Transmission Facilitation Program, a revolving fund supported by the Bipartisan Infrastructure Law to help overcome financial hurdles facing large-scale new and upgraded transmission lines. Through the RFP, DOE anticipates ...
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Optimizing Energy Efficiency in Healthcare: The Role of CHP and local Power Solutions
Did you know that healthcare facilities are among the top consumers of energy in the commercial sector? Implementing Combined Heat and Power (CHP) systems can significantly reduce energy costs, allowing more resources to be allocated to patient care. This article explores how hospitals and medical manufacturers can benefit from these energy solutions. CHP Benefits for Hospitals: Hospitals ...
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SoCalGas Supports Nostromo Energy's Installation of an Innovative Energy Storage Solution
Southern California Gas Company this week announced the successful installation of an innovative energy savings solution at the Beverly Hilton and Waldorf Astoria hotels, that helps reduce the need for air conditioning during peak electric demand, reducing greenhouse gas emissions, energy use, and costs. Nostromo Energy's IceBrick system will receive incentives from the California Public ...
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26.3 MW solar farm constructed by Ameresco in Illinois village
Ameresco Inc., a US renewable energy business (NYSE:AMRC), announced on Wednesday that it has finished a 26.3 MWdc solar project in the US state of Illinois hamlet of DePue, resulting in the creation of the largest solar farm in Bureau County. In its first year of operation, the 65,832 solar photovoltaic panels that make up the DePue facility are anticipated to generate 37 GWh of electricity. ...
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DOE Announces $34 Million to Improve Grid Reliability, Resiliency, and Security
The U.S. Department of Energy this week announced $34 million for 12 projects across 11 states to strengthen and modernize America’s aging power grid through the development of cost-effective, high-speed, and safe undergrounding technologies. Through the Grid Overhaul with Proactive, High-speed Undergrounding for Reliability, Resilience, and Security (GOPHURRS) program, the selected projects will ...
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