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America
Biofuel
2023-06-13
USDA Maintains Forecast for Soybean Oil Use in Biofuel Production
The USDA maintained its forecast for 2023-’24 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released June 9. The forecasts for soybean planted area, yields and season-average prices we
Biofuel
2023-06-13
EIA Updates 2023, 2024 Bioenergy Forecasts
Renewables are expected to account for 23 percent of U.S. electricity generation this year, increasing to 25 percent in 2024, according to data released by the U.S. Energy Information Administration on June 5. Renewables accounted for 22 percent of U.S. e
Wind Farm
2023-06-13
Iberdrola Signs a Binding Agreement to Sell 55% Of the Business in Mexico for 6,000 Million Dollars
Mexico grants permission for Iberdrola to obtain a generation permit for the Santiago wind farmThe company has a renewables portfolio of 6,000 MW in the country to provide power to its private customersIberdrola Mexico and Mexico Infrastructure Partners (
United States
2023-06-12
Despite ‘Religious War’ Over Fossil Fuels, Texas Lawmakers Approve $1.8 Billion for Microgrids
During the Texas Legislature's recent session, renewables were blamed for causing the outages related to Winter Storm Uri. But a resilience bill providing $1.8 billion for microgrids passed, thanks to the efforts of a coalition of microgrid companies.
Coal-Fired Power Plants
2023-06-12
Pennsylvania’s Largest Coal Power Plant Set to Retire
1888 MW Homer City facility will close by JulyThe largest coal-fired power plant in Pennsylvania will shutter by July, according the U.S. Energy Information Administration (EIA).The 1888 MW Homer City Generating Station in Pennsylvania began generating el
Electric Vehicles
2023-06-12
Hybrid and Electrical Vehicle Powertrain Testing The Key to Reaping Efficiency Benefits
Over the past decade, most transportation markets, from automotive, to military, aircraft, and even space systems have seen a tremendous surge of interest in hybrid and electric vehicle technology. To gain the promised efficiency benefits and green profil
Wave Energy
2023-06-12
Jacobs Finishes Engineering Work for Oregon Wave Energy Test Site
this week said it has completed the underground infrastructure engineering for the PacWave South project in Oregon, which will become the first full-scale test facility for wave energy technologies in the US.The engineering company led the works for the H
Oil Price
2023-06-12
US to Add More Than Six Million Barrels of Oil to Reserves to Address Supply Disruptions
The Bryan Mound Strategic Petroleum Reserve facility at Freeport, Texas. The US Department of Energy says the reserve system has a 'long history of protecting the economy and American livelihoods in times of emergency oil shortages'. Reute
Coal-Fired Power Plants
2023-06-12
Firstenergy Subsidiary Upgrades Power Line to Strengthen Ohio’s Transmission System
FirstEnergy subsidiary American Transmission Systems has completed a significant upgrade to a nine-mile high-voltage power line in Carroll and Harrison counties, Ohio. This enhancement is part of a larger project involving the reconstruction of a 64-mile
Electric Vehicles
2023-06-12
Model Y Is Overtaking Model 3 to Become Dominant Player in Australia’s EV Market
EV sales have really started to take off in Australia with May data from FCAI showing EVs making up 7.7% of all vehicle sales. Out of the 8,124 EVs sold during the month, Tesla once again dominated making up 55% of the overall sales in May.It was a ground
Battery
2023-06-12
DOE Gives Conditional Loan Commitment for $850M to Kore Power for Battery Plant in Arizona; NMC and LFP
The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment for an $850-million loan to help finance the construction of KORE Power’s advanced battery cell manufacturing facility in Buckeye, Arizon
Nuclear Reactor
2023-06-12
DOE Seeks Feedback on Two Rfps to Acquire Haleu for Advanced Reactors
The US Department of Energy (DOE) is seeking feedback on two draft requests for proposals (RFPs) to acquire high-assay low-enriched uranium (HALEU)—a crucial material needed to develop and deploy advanced reactors in the United States.The use of HALEU in
Electric Vehicles
2023-06-12
Porsche unveils Mission X electric hypercar concept
Porsche unveiled its latest concept study, the two-seat Mission X. The reinterpretation of a hypercar, with Le Mans-style doors that open upwards to the front and a high-performance, features an efficient 900V electric powertrain.Porsche’s visio
Electric Vehicle Charging
2023-06-12
Illinois Advances Access to Chargers to Meet EV Goals
As of May, Illinois has met 7 percent of its goal to get 1 million EVs on the road by 2030. While the state has made significant efforts in recent years to facilitate the transition away from gas-powered to all-electric vehicles, further actions are neces
Oil Exploration
2023-06-12
Pennsylvania Expects $400 Million in Infrastructure Funds to Begin Plugging Thousands of Abandoned Oil Wells
One scientist studying toxic emissions from the wells called the amount “woefully inadequate” in a state where officials say there are probably 250,000 such abandoned drill sites that need remediation.
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UK's National Grid bets $1.75 billion on AI power boom with Joulent investment
2
SK, KKR to launch South Korea renewable energy venture valued at $1.3 bln
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Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
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Singaporean Green Tech Firms Envision Digital, T-RECs.ai to Launch First RECs Ecosystem
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Hitachi Energy announces €4 million investment into new Service Center in Dublin to strengthen Ireland’s grid resilience
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Google signs PPAs on 400-MW Texas solar project portfolio
