Your Weekly Energy News Roundup Stay up to date with the latest energy news! US ENERGY UPDATE | October 11, 2024 View this email in your browser Big Oil Urges Trump Not to Gut Biden’s Climate Law Some executives in the largely pro-Trump oil industry are worried the former president, if re-elected, would side with conservative lawmakers who want to gut the IRA. They fear losing tax credits vital for their investments in renewable fuel, carbon capture and hydrogen, costly technologies requiring U.S. support to survive their early years.  Read More  Texas’ power grid is one step closer to being connected to the U.S. grid “The U.S. transmission network is the backbone of our nation’s electricity system. Though our grid has served U.S. energy needs for more than a century, our country’s needs are changing,” said U.S. Deputy Secretary of Energy David Turk in the release. “The Biden-Harris Administration is committed to bolstering our power grid to improve the everyday life of Americans through affordable power, fewer blackouts, more reliable power, and additional jobs across our country.”  Read More  Microsoft deal would reopen Three Mile Island nuclear plant to power AI If approved by regulators, Three Mile Island would provide Microsoft with the energy equivalent it takes to power 800,000 homes, or 835 megawatts. Never before has a U.S. nuclear plant come back into service after being decommissioned, and never before has all of a single commercial nuclear power plant’s output been allocated to a single customer. Read More California Senate leader kills ethanol bill California Senate President Pro Tem Mike McGuire confirmed Monday that the Senate Special Committee on Fuel Supply and Price Spikes won’t take up Assemblymember Cottie Petrie-Norris’ A.B.X. 2-9 during the special legislative session. The bill, which the Assembly passed unanimously last week, would require the California Air Resources Board to speed up its review of a 15 percent ethanol blend, up from 10 percent today. Read More What's next for oil and gas prices as Middle East tensions heat up? In its most recent update on the energy markets, the International Energy Agency said demand for oil in the first half of this year rose by the smallest amount since 2020. Meanwhile, supplies have continued to increase and the OPEC+ alliance, made up of members of the producers cartel and allied countries including Russia, has said it plans to release more oil into the market starting in December. Read More Oklahoma wind turbines don't last forever, but now they can find second life in Woodward n Oklahoma, as the wind sweeps down the plain, it glides through dozens of wind farms. But what happens when the turbines on those farms are no longer in service? A new recycling center has opened in northwestern Oklahoma to give them new life. Read More Subscribe to the US Energy Update The US Energy Update was created to keep the public informed about the wide range of energy news which comes from the diverse and fast-paced energy industry. Our mission is to provide a compendium of interesting and insightful news relevant to energy industry professionals and observers.   Subscribe Today Copyright © 2024 US Energy Update, All rights reserved. Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.