DC friends:
We're hosting a happy hour June 23. Curated crowd, good drinks, real conversations about where the energy industry is headed.
If you're a utility leader in town that week, come hang out.
RSVP: https://t.co/et10xld5It
Big thanks to our partners at IFS Copperleaf
OPEC+ will pause its oil production hikes next year to prevent market oversupply due to softening demand. Member countries, including Saudi Arabia and Russia, will add only 137K barrels per day in December and freeze output until March 2026. https://t.co/r9ZH488A6o
Infravision raises $91M to scale its drone technology for faster and cheaper power line stringing. After success in Australia, they're expanding in the US, Canada, and India, helping utilities modernize amid soaring demand. Learn more: https://t.co/8mvaeog9uv
Wondering if coal still has a place in our energy future? The DOE just opened a $100M funding window to refurbish aging coal plants. So, are we reviving old tech like fax machines too? Let's discuss! https://t.co/VhPtFKeMLw
Illinois is set for a major energy overhaul as lawmakers pass a bill to fund energy storage and lift the moratorium on new nuclear plants. Supporters tout benefits for costs and jobs, while critics warn of possible rate hikes. Read more: https://t.co/gSJJwFTXOM
A new report reveals that utilities in the PJM region have charged ordinary customers $4.3B+ for transmission costs related to data centers. UCS calls on FERC to close this loophole and ensure companies bear their own connection costs. Learn more here: https://t.co/1cu16iMNaM
In Colorado’s coal country, former miners are trading black dust for geothermal startups, heating homes without the pollution. It's a poetic twist of old habits turning to new beginnings. https://t.co/RcFY40fsE3
Jerry Jones is betting over $1B on Comstock Resources, securing a 71% stake in the promising Western Haynesville gas region. With 30 wells drilled at $30M each, he aims to meet soaring natural gas demand. Will this gamble pay off? More here: https://t.co/ZcdZM0G45J
Indiana's Wabash Valley Resources secures a $1.5B DOE loan to convert a coal site into a fertilizer plant capable of producing 500K metric tons/year and capturing 1.65M tons of CO₂. Critics express safety concerns and financial viability. Read more: https://t.co/CXOeIyxUjW
Exciting news from DTE Energy! They've signed a 1.4 GW hyperscale data center deal, increasing electric load by 25%. This is just the beginning, as they plan to invest $30B by 2030 for 12 GW of new power generation. Read more here: https://t.co/xWTuoGhdbY
LA has approved an $800M plan to transform part of its largest gas plant into a hydrogen facility by 2029. This move aims to support the city’s 100% renewable energy goal by 2035, though it raises concerns about reliance on methane and pollution impacts. https://t.co/WbMofqrDPR
Republicans are cautious about Energy Sec. Chris Wright's plan to fast-track grid hookups for data centers. They fear it may expand federal control over state planning authority. Former FERC Chair Christie warns of a potential "unprecedented intrusion." https://t.co/uGZ7iLGAaj
New York is on the hunt for sites for a new wave of nuclear power. With the goal of adding 1 GW of capacity, Gov. Hochul aims to enhance clean energy and security, backed by an $80B industry partnership. Developers, get ready to share your proposals! https://t.co/RJKdgPRjB8
Governors from PA, MD, NJ, and VA want data centers to generate their own power for quicker grid connections. This plan aims to ease PJM's grid congestion while extending capacity price caps to 2029, but critics warn it may favor fossil fuels. More info: https://t.co/cY3pthF9F6
Cleanview Energy has identified over 500 planned data centers across the US, equating to an impressive 125 GW of capacity. This highlights the monumental scale of the upcoming AI-driven infrastructure revolution. Read more: https://t.co/rZLc4eNqc4
AEP is ramping up its five-year spending plan by $18B to meet soaring demand. Their capital plan now stands at $72B through 2030, backed by 28 GW of new contracted load and 190 GW of pending requests. Peak demand is set to rise from 37 GW to 65 GW! https://t.co/tUBi9peY5h
Rhode Island's AG claims Rhode Island Energy shortchanged ratepayers by tens of millions in promised bill credits. AG Neronha argues they miscalculated, potentially robbing customers of up to $39M. The PUC will have the final say. More here: https://t.co/FcTU1no7Rf
Honeywell has launched new Biocrude Upgrading tech to convert agricultural waste into low-carbon fuels. This modular system cuts costs and improves logistics for renewable fuel producers. Learn more about this game-changing innovation: https://t.co/SISPzfGA65
Exciting news! WattCarbon has unveiled a program that helps data centers secure faster grid connections by funding local energy upgrades. They can earn certificates for flexibility, aiding negotiations with utilities. A game-changer for grid capacity! https://t.co/1b1rSbCCET
Exciting news! Hitachi Energy partners with Blackstone to enhance North America's power infrastructure. This alliance includes a minority stake in Shermco and over $1B in global investments to tackle aging systems and boost reliability. Learn more: https://t.co/fZ2ARjIxUs