Energy
Image
Large EV battery plant stops construction, citing concerns over U.S. policy uncertainty
“Due to policy and market uncertainty, we are pausing construction at our South Carolina facility at this time,” the Automotive Energy Supply Corp. said in a statement.
Image
Biden's EPA hid comments from Dept. of Energy that undermined key part of EPA power plant rule
The Clean Power Plan 2.0 was supported by a finding that carbon capture technology had been "adequately demonstrated." The EPA sought and got comments from the DOE, which disputed that "demonstration." Somehow those comments never made it into the administrative record.
Image
Michigan energy companies request highest rate hikes in decades
Michigan Attorney General Dana Nessel said she plans to intervene in the request, which she has labeled “corporate greed.”
Image
U.S. gas prices expected to drop nationwide in 2025
According to Gasbuddy's 2025 Fuel Price Outlook, the projected total U.S. gasoline spending will reach $410.8 billion, an 8% decline from the $423.1 billion Americans spent in 2024.
Image
As extreme cold threatens U.S. electricity supply, grid watchdog issues dire warning to suppliers
"When you get a cold event like this, not only do you see record demand, but then you have the possibility of infrastructure freezing up. They have to shut the wells down because it’s too dangerous to produce,” Phil Flynn, an analyst at Price Futures Group, said.
Image
Biden reportedly planning to enact a permanent ban on offshore oil and gas leasing
President-elect Donald Trump is expected to overturn many of Biden’s anti-fossil fuel actions, but he might not be able to reverse a possible permanent ban on offshore oil and gas development.
Image
Virginia tops states for electricity imports, report shows
Booming in data centers pushed Virginia over California.
Image
Three major financial firms join exodus from climate group, bringing total to five in past month
Citibank, Morgan Stanley, Bank of America, Wells Fargo and Goldman Sachs have all announced they are terminating their membership with the Net-Zero Banking Alliance.
Image
California regulator proposes cutting power bills 5% after doubling rates since 2014
Rates for the state’s three largest utilities have increased by an average of 96% since January 2014 and 42% since January 2021.
Image
Trump plans to unleash fossil fuels and mining in 2025, unraveling Democrats green new deal
While Trump can overturn Biden’s executive orders, experts say some challenges will go through the courts and Congress.
Image
Governor praises EV charger program, first station to open in 2025
Three years after the program was first approved, Colorado announced plans to open its first electric vehicle charging station as a part of the National Electric Vehicle Infrastructure (NEVI) Grant program in 2025.
Image
Pennsylvania Gov. Shapiro files complaint against grid operator over higher energy prices
Cost to run the grid will climb 800% as of June 1, meaning utility bills will skyrocket by roughly 30%.
Image
Vehicle fuel, charging prices better national norms
As 2024 closes, prices for a gallon of unleaded fuel in North Carolina are more than a dime lower than a year ago and continue to hover at about 20 cents better than the national average as they have all year.