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New report from IEA features outlook on global oil markets
In a new report, the International Energy Agency (IEA) sees oil markets being comfortably supplied through 2030, but an unwavering focus on energy security will remain crucial as the sector transforms. Oil 2024, the latest edition of the IEA’s annual medium-term market report, examines the key... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2023/06/shutterstock_1815321803-300x200.jpg)
DTE Energy plots conversion of retired coal plant into largest Great Lakes energy storage site
The Detroit-based DTE Energy announced plans this week to convert a portion of the retired Trenton Channel coal power plant into a 220 MW battery energy storage center by the end of 2026. When accomplished, that would make it the largest standalone battery project in the region, and enfold a siza... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2024/06/3.png)
Massachusetts Gov. Healey tours Vineyard Wind facilities
Massachusetts Gov. Maura Healey toured the operations and maintenance facilities for the Vineyard Wind 1 offshore wind project on Martha’s Vineyard. Healey was joined on the tour by representatives from the developers of the project, Avangrid and Copenhagen Industry Partners. The 806-mega... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2024/04/shutterstock_1382601101-300x200.jpg)
Annual oil and gas industry capital expenditures will need to rise to meet demand
Due to increasing demand and inflation, annual upstream oil and gas capital expenditures will need to rise by 22 percent by 2030 to ensure adequate supplies, according to a new report by the International Energy Forum and S&P Global Commodity Insights. The Upstream Oil and Gas Investment Outlook ... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2022/06/shutterstock_520105675-300x200.jpg)
Energy organizations back Congressional resolution to block plan to close power plants
On Thursday, dozens of energy organizations rallied support behind Congressional action to block plans to close American power plants. The National Rural Electric Cooperative Association (NRECA), American Petroleum Institute (API), American Electric Power (AEP), Buckeye Power, Duke Energy, South... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2024/06/shutterstock_2212675529-300x169.jpg)
Tech leaders could pull advanced nuclear over the finish line, NERC CEO says
Data centers are driving up electricity needs, and leaders in the power sector are wondering how to meet the demand as well as ambitious federal decarbonization goals. The head of the North American Electric Reliability Corporation said the answer to this complex reliability problem might come fr... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2021/08/shutterstock_545497120-2-300x200.jpg)
Illinois Commerce Commission adopts state’s first Renewable Energy Access Plan
As required by the Climate and Equitable Jobs Act (CEJA) for 2021 and as an encouragement to regional transmission organizations (RTOs), the Illinois Commerce Commission (ICC) recently adopted the state’s first Renewable Energy Access Plan (REAP). The plan must be reinvestigated next year and e... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2024/06/shutterstock_1507602689-300x225.jpg)
Dominion Energy Virginia undergrounds 2,000 miles of power lines to prepare for hurricane season
With the Atlantic hurricane season on its way, Dominion Energy Virginia has been busy getting prepared and shoring up its grid. The company recently finished burying 2,000 miles of previously overhead power lines as part of its Strategic Underground Program. The company plans to bury several thou... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2021/03/shutterstock_425571823-300x200.jpg)