In its annual Long-Term Reliability Assessment, the North American Electric Reliability Corporation (NERC) recently announced an expected increased risk of power supply deficiency for nearly half of the United States in the next decade. The growing gap between surging electricity demand and inadequate infrastructure expansion could lead to more outages and the need for electricity…
Unique problems in the U.S. energy space will require innovative solutions. With data centers, manufacturing and artificial intelligences’ energy consumption expected to rise over the next couple decades, energy companies have been tasked with spearheading the power generation shortcomings. ExxonMobil recently announced plans to utilize its carbon capture and storage (CCS) system to generate electricity…
Grid Strategies, a power sector consulting firm, recently released a report examining U.S. electricity demand and forecasted load growth. According to the report U.S. electricity demand could rise as much as 128 GW over the next five years, primarily as a result of data center buildout and manufacturing growth across the country. That estimate, 128…
What will Energy Secretary Chris Wright and Transportation Secretary Sean Duffy mean for the electric vehicle (EV) industry when President-elect Trump takes office in January? That’s the question many are asking given the Biden administration’s preference for the emergent automotive sector. Both Wright and Duffy have expressed skepticism of the EV industry, raising concerns about…
With Trump’s recent presidential re-election, the U.S. energy and environmental policy sector will see significant shifts. U.S. oil and gas are at the forefront of the Trump administration’s agenda—the main goals of which are centered around accelerating energy infrastructure projects, increasing oil and gas production, and ending the previous administration’s approach of picking winners and…
Writing in RealClear Energy, former EIA administrator Guy Caruso penned an op-ed outlining geopolitical chaos across the globe, arguing for commonsense domestic energy policies in order to best insulate the U.S. energy sector from its consequences. By illustrating rising U.S. energy demand and the lack of steps the Biden administration has taken to meet it,…
This week, the Biden administration announced an initiative modernize the electrical grid over the coming years. The Federal-State Modern Grid Deployment Initiative includes 21 states, all led by Democratic governors, and commits them to prioritize electric grid modernization efforts. While the initiative does not explicitly greenlight certain investments, it “aims to bring together states, federal…
There is no denying that energy demand is surging—forecasted to grow 4.7 percent over the next five years, compared to a previous estimate of 2.6 percent. Efforts to meet this demand, however, are hotly contested and debated. Utilities in the Southeast United States are eyeing new gas power plants in order to keep up with…
Over the last couple years, the Biden administration’s federal agencies have proposed rule after rule to establish additional red tape across our domestic energy sector. For example, the EPA proposed vehicle tailpipe emissions so stringent it would essentially mandate the widespread adoption of electric vehicles by 2030. Though the agency slightly walked back the requirements,…
Washington, D.C. – U.S. District Judge James Boasberg issued a ruling on the Dakota Access pipeline Thursday which said the Army Corps of Engineers failed to adequately consider impacts of an oil spill in the Missouri River. The Army Corps of Engineers must now redo its environmental impact analysis on certain areas of the pipeline route….
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