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US ENERGY UPDATE | January 18, 2024 View this email in your browser
Winter Storm Tests Texas Green Grid Upgrades
Over the past three years, Texas built more than 5 gigawatt-hours of battery capacity, which is enough to power roughly 3.75 million homes for one hour — about a third of the households on the Texas grid. Texas is now the state with the most battery storage after California.
Stardust Power Picks Oklahoma For Lithium Refinery
Stardust Power Inc. will build a new battery-grade lithium refinery at Southside Industrial Park in Muskogee, Oklahoma. The manufacturer of battery-grade lithium products is expected to be eligible to receive up to $257 million in state and federal economic incentives for the facility build-out. The company may also be eligible for further federal grants and or incentives offered by the U.S. Department of Energy and the Department of Defense.
Georgia Power Says it Needs More Energy for Industry. Critics say ‘make it green’
Georgia Power has proposed to meet most of the projected need for more power, much of it from the ‘green transportation’ sector, through a mix of burning coal and fossil gas.
Chevron and Others Build an Underground Hydrogen Battery in Utah
Using hydrogen as a battery is one of the more audacious concepts being developed as industries and governments work to wean the world from fossil fuels.
Biggest US Wind Project is Under Construction in New Mexico
Pattern Energy recently broke ground on SunZia Wind and Transmission, a huge, 3.5-gigawatt wind farm that will send power from New Mexico to California via a 550-mile transmission line.
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