Thursday, June 08, 2023
Florida Public Service Commission fast tracks rate reductions for four state utilities
The Florida Public Service Commission (PSC) fast-tracked the approval of electric bill reductions for customers of four state utilities. The reductions should provide a measure of relief from the hardships caused by the COVID-19 pandemic. “With electric utilities experiencing lower fuel costs,... Read More »
NETL, Virginia Tech and EnerVest Operating assess value of unconventional shale in Central Appalachia
Virginia Tech and EnerVest Operating LLC, working out of a National Energy Technology Laboratory (NETL)-supported field lab, are continuing a drilling investigation of unconventional shale reservoirs in Central Appalachia. The effort includes drilling a casing shoe of a 15,000-foot characterizati... Read More »
US energy production exceeds consumption for first time since 1957
Last year, U.S. energy production overtook consumption for the first time in 62 years due to a mix of production growth and moderate consumption decrease. In all, the United States produced 101 quadrillion British thermal units (quads) of energy, according to the U.S. Energy Information Administr... Read More »
Energy Department to award $131M for CCUS projects
The U.S. Department of Energy’s Office of Fossil Energy is awarding $131 million for carbon capture, utilization, and storage (CCUS) research and development (R&D) projects. About $46 million of that is for a new funding opportunity called Engineering-Scale Testing from Coal- and Natural-Gas-B... Read More »
Dominion Energyʻs offshore wind farm project remains on track
The Coastal Virginia Offshore Wind (CVOW) project remains on schedule, reported owner Dominion Energy. The project team and contractors have implemented processes to navigate the impact of the coronavirus pandemic. Two vessels – the M/V Sarah Bordelon and M/V Marcelle Bordelon contracted throug... Read More »
Duke Energy Progress to pass fuel savings to customers through lower monthly bills
Thanks to falling fuel rates -- owed in large part to tumbling natural gas prices -- Duke Energy Progress has proposed a decrease to monthly fuel costs for its South Carolina customers, beginning July 1. If approved, the summer change would bring the typical residential customer’s bills down ar... Read More »
Sen. Murkowski lauds DOE efforts to renew US nuclear energy dominance
Following a report from the United States Department of Energy (DOE) on methods capable of restoring the nation’s place in the global nuclear energy industry, U.S. Sen. Lisa Murkowski (R-AK) released a statement commending the efforts. For Murkowski, chairman of the Senate Energy and Natural Re... Read More »
Utility regulators raise concerns about federal proposals on service disconnections, debt collection
Some proposals under consideration in U.S. Congress would set federally mandated moratoriums on electric and gas utility debt collection, service disconnections, reconnection fees and rate hikes amid the coronavirus pandemic, but utility regulators have argued that states should have jurisdiction ov... Read More »
