energy cost News
-
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 ...
-
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, ...
-
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 ...
-
GM Energy Rolls Out Vehicle-to-Home Product Suite
Available for the first time as part of its expanding product ecosystem, GM Energy’s initial offerings for residential customers will enable the use of vehicle-to-home (V2H) bidirectional charging technology to provide power from a compatible GM EV to a properly equipped home. This is intended to help mitigate the negative impacts of weather-related outages and integrate with future clean energy ...
-
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 – ...
-
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 ...
-
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 ...
-
Michigan and Argonne Join Forces to Drive Clean Energy Transition
Using cutting-edge scientific research to realize a cleaner and more resilient Michigan economy is the aim of a newly formed partnership between the state and the U.S. Department of Energy's Argonne National Laboratory."Today's (April 4) MOU (Memorandum of understanding) will help us achieve our goal of 100% clean energy by 2040," said Michigan Gov. Gretchen Whitmer. "We are excited to partner ...
Need help finding the right suppliers? Try XPRT Sourcing. Let the XPRTs do the work for you