The oil major’s U.S. onshore wind energy business, based in Houston, is valued at about $2 billion and has interests in 10 wind farms across seven states.
Future in Context
A Florida startup has installed about 7,500 lights, at least half of which are in Tampa Bay neighborhoods, and estimates they have prevented around 2.6 million pounds of carbon emissions.
The Inflation Reduction Act includes tax credits that reimburse governments for clean energy investments. New online resources make the program more understandable and accessible.
Nationally, 83 percent of new solar projects developed by 2040 will be installed on farms and ranchland. But some believe that the two industries can exist side by side.
The large oil spill was first detected on Saturday and was traced back to a leaking fuel tank at the Crescent Midstream pumping station. So far, 17 aquatic salamanders, two turtles and one crawfish have been found dead as a result.
Michigan’s Homeowners’ Energy Policy Act will take effect in October and will prevent HOAs from blocking the installation of a wide range of energy-efficient measures at their homes. Residents of mobile home communities might be next.
At the current pace of development, the number of public electric vehicle chargers across the nation will outnumber gas stations in about eight years. Many even expect charger momentum to increase, shortening the predicted timeline.
The water was being siphoned at the top of an old coal ash pond for reuse at the Boswell Energy Center in Cohasset, Minn., but escaped after an underground pipe broke. Experts say the risk is low to local drinking water.
The state’s power grid maintained service throughout a nearly three-weeklong record-setting heat wave. Officials are crediting investments in clean energy, particularly in 10,000 megawatts of battery storage.
Regardless of the continuing partisan debates about climate change, Republican-led states are benefiting economically from clean energy investments.
The state has joined with other Northeastern states in an effort to plan and develop regional transmission infrastructure.
Gov. Greg Abbott and Lt. Gov. Dan Patrick want $5 billion more to expand a low-interest loan program for natural gas power plant construction “as soon as possible.”
Vermont will charge $89 a year for registered electric vehicles, directing revenue to more charging stations. It’s among a handful of states with both incentives and fees for EV owners.
The industry’s troubles are complicated but it’s far from dead. Some policy changes may help it find firmer footing.
A new order from the Federal Energy Regulatory Commission seeks to prod longer-term planning to address growing power demands and the transition to renewables.
The Nova Power Bank in Menifee, Calif., will host roughly 2,000 batteries over 43 acres and store enough electricity to power 680,000 homes for up to four hours. The facility is expected to be completed next year.
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