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HomeUS Energy News

US Energy News

wind and solar
Energy Transition

Trillions in taxpayer subsidies haven’t made wind and solar power cheaper or better for Americans

May 6, 2024 Mariel Alumit

Despite us constantly being told that solar and wind are now the cheapest forms of electricity, governments around the world needed to spend $1.8 trillion on the green transition last year. “Wind and solar are already significantly […]

natural gas
AI

AI could drive a natural gas boom as power companies face surging electricity demand

May 5, 2024 Stu Turley

Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers. Electricity demand is forecast to grow 20% by 2030, according to Wells […]

Maryland
Energy Transition

Maryland state senators urge Gov. Moore to veto wind energy bill. Here’s why.

May 4, 2024 Stu Turley

Senators Mary Beth Carozza (R-District 38), Johnny Mautz (R-District 37), Stephen Hershey (R-District 36), and Jason Gallion (R-District 35) are calling on Gov. Wes Moore to veto House Bill 1296 – Electricity – Offshore Wind Projects – […]

Biden
Electric Vehicles

Biden’s EV tax credit rule offers big concession for automakers

May 4, 2024 Mariel Alumit

The Biden administration unveiled final rules Friday for lucrative electric vehicle tax credits that attempt to balance trying to boost EV adoption to fight climate change with curbing China’s dominance of the supply chain. But […]

EPA
Energy Policy

EPA power plant rule targets coal. Does that spell trouble for the grid?

May 3, 2024 Mariel Alumit

Piles of coal parked at the entrance of Baltimore Harbor are the gateway to one of the biggest fossil fuel plants in the mid-Atlantic region. After years of public debate and litigation brought by the […]

TotalEnergies and Vanguard Renewables
Agriculture

TotalEnergies and Vanguard Renewables to Invest in 60 Farm-Based Organics-to-RNG Production Facilities Across the US

May 3, 2024 Mariel Alumit

TotalEnergies and Vanguard Renewables, a US farm-based organics-to-renewable natural gas (RNG) producer, have signed an agreement to create an equally owned joint venture to develop, build, and operate Farm-Powered RNG projects in the US. TotalEnergies and Vanguard […]

Dominion
AI

Data Centers Now Need a Reactor’s Worth of Power, Dominion Says

May 3, 2024 Mariel Alumit

(Bloomberg) — Data center developers in Northern Virginia are asking utility Dominion Energy Inc. for as much power as several nuclear reactors can generate, in the latest sign of how artificial intelligence is helping drive […]

Exxon
Big Oil Companies

Exxon to Close Pioneer Deal as FTC Forces Out Sheffield

May 3, 2024 Mariel Alumit

The US Federal Trade Commission declined to challenge Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. but asserted that Scott Sheffield, Pioneer’s co-founder, must not take a seat on the supermajor’s board. […]

natural gas consumption
Electrical Generation / Utilities

2023 was a record year for natural gas consumption: Reports

May 3, 2024 Mariel Alumit

(The Center Square) – Last year was a record year for domestic natural gas consumption, and its supply wouldn’t have been possible without record U.S. production, led by Texas, according to several reports. Texas produced the […]

IRS
Renewables Not Sustainable

IRS issues final guidance for IRA’s clean energy tax credit transferability mechanism

May 3, 2024 Mariel Alumit

The U.S. Department of the Treasury and the IRS issued final rules on Thursday for the tax credit transferability mechanism included in the Inflation Reduction Act, offering clarity to the already active tax credit market. “Until the […]

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