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Texas Will Need “More of Everything” to Support Growing Population
Texas' population is growing rapidly, and in order to support higher energy demand, the state will need to invest expanding transmission, not just generation, according to the Texas Comptroller of Public Accounts. The state will also need to expand renewable energy resources to combat utility costs, which have increased as a result of rising natural gas…
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…
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…
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. …
Texas Grid Concerns Highlight Need for Energy Storage
Energy experts are emphasizing that ongoing concerns about the reliability of Texas' electric grid highlight the need for expanded energy storage capacity, reports Utility Dive. While thermal and renewable generation have collaborated this summer to keep the grid online, long-term energy storage can store excess electricity produced by renewables to deploy as needed, ensuring Texans will…
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