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EDA News

Battery Researchers Receive $16M to Advance Recycling, Extend Battery Life

Two San Diego research groups will receive a combined $16 million in funding to develop battery recycling technologies and advance battery life, reports The San Diego Union-Tribune. Battery technology is vital not only for increasing reliability of the power grid, but supporting advanced technology across multiple industries. Read More

ByadministratorDecember 15, 20220Comments

Hydrogen Renewable Energy

$4 Billion Green Hydrogen Factory to be Built in North Texas

A $4 billion, renewable-energy powered green hydrogen factory will be built in North Texas on the site of a retired coal plant, with plans for the site to be operational by 2027, reports The Wall Street Journal. The factory, a partnership between industrial-gas manufacturer Air Products and power company AES Corp, will use wind and solar…

ByEditorDecember 9, 20220Comments

EDA News

How “Wasted Public Land” Alongside Highways is Being Used for Energy Development

Vacant public land alongside highways and interstates is slowly being transformed for energy development, such as in West Georgia, where a 5-acre solar site next to an exit ramp is producing enough energy to power more than 100 homes, reports Grist. The initiative is being carried by groups like the Ray C. Anderson Foundation, which is…

ByadministratorDecember 8, 20220Comments

Coal Economy

Nearly One Quarter of Coal-Fired Generation to be Retired by 2029

A recent report from the Energy Information Administration estimates that 23% of coal-fired generation in the United States will be taken offline by 2029, reports the Nasdaq. Competition from more affordable energy sources like natural gas and renewables, coupled with higher operating costs in aging facilities, are just a few factors driving coal's decline. Read More

ByEditorDecember 7, 20220Comments

Business Economy

$250M Allocated for Energy Efficiency Upgrades

The Department of Energy will soon begin accepting applications from states seeking part of $250 million in funding allocated for energy efficiency upgrades, reports The Hill. The funding, which will support energy efficient upgrades for commercial and residential buildings, is part of a recent effort to lower energy use and costs. Read More

ByEditorNovember 22, 20220Comments

Economy Oil and Gas

Permian Oil Producer Reports 80 Percent Profit Surge in Q3 Despite Production Decrease

Inflated oil and gas prices are nearly doubling profits for some producers, including DiamondBack Energy, which profited $1.2B in Q3, a more than 80% surge from the year before, reports the Houston Chronicle. While revenue has spiked dramatically, DiamondBack Energy, among other oil and gas producers, also reported a decrease in production compared to Q3 of…

ByEditorNovember 16, 20220Comments

Business Economy Renewable Energy

Investor Confidence in Renewables Continues Strong Growth

Investor interest in renewable energy has grown sharply over the last decade, with energy firms and producers viewing the industry as a low-risk, high-reward way to diversify their portfolios and maximize profits in a swiftly changing energy world, reports PowerMag. These investors include major oil and gas companies like Shell, Chevron and Exxon Mobil, showing that…

ByEditorNovember 16, 20220Comments

Renewable Energy Solar Energy

FERC Forecast: U.S. Solar Capacity Will Double in Three Years

The Federal Energy Regulatory Commission expects U.S. solar energy capacity, which stands at 77GW, to nearly double in just three years, with 72GW of solar projects queued through 2025, reports PV Magazine. After an abundance of additions in the first nine months of 2022, renewable energy now accounts for 27% of all U.S. generating capacity. Read…

ByadministratorNovember 15, 20220Comments

Business Renewable Energy Wind Energy

700,000 Acres in Gulf of Mexico Identified for Offshore Wind Auction

The Biden Administration has designated nearly 700,000 acres in the Gulf of Mexico for auction for offshore wind development, reports the Houston Chronicle. "These two wind energy areas represent exciting progress toward having the first offshore wind lease sale in the Gulf of Mexico, where there is a mature industry base and the know how to advance…

ByEditorNovember 9, 20220Comments

EDA News

Long-Closed Steel Processing Plant Will Reopen to Produce Solar Components

Bethlehem Steel in Pennsylvania, founded in 1904, is reopening after years of closure to produce crucial components for solar energy, rekindling the area's industrial history, reports Solar Power World. The plant will also bring much-needed jobs to the area. “These are good-paying jobs, and they’re permanent... We have second- and third-generation steelworkers whose parents or grandparents…

ByEditorNovember 2, 20220Comments

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Battery Researchers Receive $16M to Advance Recycling, Extend Battery Life

$4 Billion Green Hydrogen Factory to be Built in North Texas

How “Wasted Public Land” Alongside Highways is Being Used for Energy Development

Nearly One Quarter of Coal-Fired Generation to be Retired by 2029

$250M Allocated for Energy Efficiency Upgrades

Permian Oil Producer Reports 80 Percent Profit Surge in Q3 Despite Production Decrease

Investor Confidence in Renewables Continues Strong Growth

FERC Forecast: U.S. Solar Capacity Will Double in Three Years

700,000 Acres in Gulf of Mexico Identified for Offshore Wind Auction

Long-Closed Steel Processing Plant Will Reopen to Produce Solar Components

NewsLetter

Long-Closed Steel Processing Plant Will Reopen to Produce Solar Components

How “Wasted Public Land” Alongside Highways is Being Used for Energy Development

Happy Thanksgiving

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