energy news – Page 3 – Energy Drives America

Skip to content Skip to footer

Get Latest Energy News

EDA News

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 107Views

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 132Views

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 102Views

Oil and Gas

Texas to Use $25M Federal Infrastructure Grant to Plug 800 Orphaned Wells

Texas will receive a $25 million federal grant from Biden's infrastructure plan to plug 800 orphaned oil and gas wells, putting a small dent in the approximately 7,400 abandoned wells across the state, reports the Texas Tribune. It will cost approximately $428 million to clean up all the orphaned wells in the state which, left unattended,…

September 1, 20220Comments 89Views

Economy Renewable Energy

Farmers in Central Texas Are Staying Afloat Amid Drought Thanks to Clean Energy

Thanks to land lease payments from clean energy projects, farmers in Central Texas are managing to stay afloat financially in spite of an ongoing drought and record high temperatures that have forced some to cut crop production nearly in half, reports the Houston Chronicle. “My banker is a lot happier knowing I have these windmills,” said…

August 25, 20220Comments 90Views

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 99Views

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 89Views

Business Oil and Gas Renewable Energy

New U.S. Generating Capacity Expected to Double in Second Half of 2022

The United States is projected to add 29.4GW of new generation capacity to the grid in the second half of 2022, nearly double the 15.1GW added in the first half, reports Utility Dive. While more efficient, cleaner forms of power are added, grid operators are also expected to retire 15.1GW of production, 76% of which will…

August 15, 20220Comments 85Views

Business Renewable Energy Solar Energy

Ford to Purchase 650MW of Solar Energy to Power Michigan Plants

Ford Motor Co. is set to purchase 600MW of solar energy from DTE Energy to power manufacturing facilities in Michigan, reports The Detroit News. The power purchase will allow all of Ford's vehicle manufacturing in the state to be powered entirely by renewable energy, contributing to the company's goal to power all of its global facilities…

August 12, 20220Comments 103Views

Energy Storage

U.S. Leads the Way Globally in Energy Storage Development

Despite hiccups in early March, the U.S. is poised to continue leading the way globally in energy storage development, with 600 GWh of storage expected to come online by 2031, reports Natural Gas Intelligence. Trailing closely behind in development is China, with more than 420 GWh in predicted installations by 2031. Read More

August 9, 20220Comments 69Views

Default
Dark

Equipping Natural Gas Plants with Carbon Capture Tech Could Save Industry Billions

Toyota to Invest $5.6B in EV Battery Manufacturing while Eyeing Hydrogen Fuel Cell Market

Major U.S. Solar Panel Manufacturer to Invest $1.2B in New Factory

Texas to Use $25M Federal Infrastructure Grant to Plug 800 Orphaned Wells

Farmers in Central Texas Are Staying Afloat Amid Drought Thanks to Clean Energy

The New “Battery Belt” Forming Across the Midwest and South

DOE Invests $45M in Energy Cybersecurity

New U.S. Generating Capacity Expected to Double in Second Half of 2022

Ford to Purchase 650MW of Solar Energy to Power Michigan Plants

U.S. Leads the Way Globally in Energy Storage Development

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

NewsLetter

Sign Up to Our Newsletter