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Oil and Gas Refining
Equipping Natural Gas Plants with Carbon Capture Tech Could Save Industry Billions
Natural gas will play an important role as the U.S. energy sector moves towards decarbonization. A new study shows how the industry could save billions of dollars by equipping facilities with carbon capture technology, reports S&P Global Market Intelligence. Thanks to new federal tax credits for carbon capture technology included in the Inflation Reduction Act, the…
September 7, 20220Comments
Business Electric Vehicles
Toyota to Invest $5.6B in EV Battery Manufacturing while Eyeing Hydrogen Fuel Cell Market
Toyota plans to invest $5.6 billion in new electric vehicle battery manufacturing plants in the United States and Japan in an effort to keep up with other automotive giants, reports CNN Business. However, unlike others in the EV race, Toyota continues to explore EVs powered by hydrogen fuel cells rather than rechargeable batteries, a risky move that…
September 7, 20220Comments
Business Renewable Energy Solar Energy
Major U.S. Solar Panel Manufacturer to Invest $1.2B in New Factory
First Solar, a major solar panel manufacturer based in the United States, will invest $1.2 billion in building its fourth U.S. factory while boosting operations at existing plants. The expanded operations will create nearly 1,000 new jobs, reports the New York Times.  “This investment is an important step toward achieving self-sufficiency in solar technology, which, in turn,…
September 7, 20220Comments
Economy Renewable Energy
Red States May See Some of the Largest Benefits from the IRA
Red states like Texas, Nebraska and Oklahoma are some of the nation's largest producers of renewable energy, and are poised to see major benefits from the Inflation Reduction Act, reports Politico. Despite open opposition, the bill is expected to boost industries which have already transformed economies across the nation, like clean energy, carbon capture, clean hydrogen, advanced…
August 24, 20220Comments
Economy Energy Storage
The New “Battery Belt” Forming Across the Midwest and South
Domestic electric vehicle production is growing rapidly, with battery and EV factories opening in states like Georgia, Tennessee and Texas, forming a new region some are calling the "Battery Belt", reports Axios. New initiatives to strengthen domestic supply chains are expected to boost the multi-billion dollar U.S. electric vehicle industry, which has already created thousands of jobs. …
August 23, 20220Comments
Economy Transmission
DOE Invests $45M in Energy Cybersecurity
The Department of Energy plans to invest $45 million in 15 cybersecurity research projects aimed at strengthening the nation's power grid and protecting the energy sector from cyberattacks, reports The Hill.  “As DOE builds out America’s clean energy infrastructure, this funding will provide the tools for a strong, resilient, and secure electricity grid that can withstand…
August 18, 20220Comments
Long-Closed Steel Processing Plant Will Reopen to Produce Solar Components
How “Wasted Public Land” Alongside Highways is Being Used for Energy Development
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