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Power plant secures hefty financial aid

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Revamped Coal Facility Secures Costly Subsidy
Revamped Coal Facility Secures Costly Subsidy

Power plant secures hefty financial aid

In the realm of American energy, a complex tapestry of developments is unfolding.

Rising Power Prices and the Clean Energy Myth

A recent report by Canary Media, authored by Dan McCarthy and Ysabelle Kempe, debunks the notion that clean energy is to blame for rising power prices in the US.

The Potential of Mining Waste for Critical Minerals

Researchers have discovered that waste from active mines around the US contains significant amounts of critical minerals, including enough lithium in a year's worth of by-products to power 10 million electric vehicles (EVs), according to Grist.

California's Virtual Power Plant and Funding Reprieve

In a separate development, Jeff St. John of Canary Media reports on California's largest virtual power plant, which may receive a funding reprieve.

The Role of Managed Charging Programs and EVs

Utility Dive highlights the potential of managed charging programs, which could turn EVs with bidirectional batteries into grid resources, saving utilities billions of dollars and lowering power bills for residents.

The Trump Admin's Intervention in Coal Plant Operations

Meanwhile, the Trump administration has ordered a dirty, expensive coal plant to stay open even longer, as reported by Jeff St. John of Canary Media.

A Possible Gas Pipeline and Its Risks

WBUR reports on a hypothetical future gas pipeline into New England, suggesting that while it could lower energy prices in the short term, it could be a risky investment.

Expansion of Energy Storage in Michigan

Energy storage developer Key Capture Energy is eyeing up to seven projects in Michigan as utility demand grows, according to Crain's.

Montana's New Wind Facility

Puget Sound Energy has brought online its 248 MW Beaver Creek wind facility in Montana, as reported by the Daily Montanan.

Concerns over a Refinery Cleanup

California advocates worry that Phillips 66 may shirk its responsibilities to clean up a "lake of hydrocarbons" under a Los Angeles-area refinery slated for closure, according to Capital & Main.

The US Commerce Department's Probe into Wind Turbine Components

The US Commerce Department has announced a national security probe into wind turbine component imports, which could lead to further tariffs, as reported by E&E News.

A Cooler Battery Solution

Peak Energy's new battery, cooler than lithium-ion systems, was highlighted by Julian Spector in a report for Canary Media.

Record-breaking Oil and Gas Company Mergers and Acquisitions

E&E News reports that the value of US oil and gas company mergers and acquisitions reached $206 billion in 2024, a 331% increase from the year before.

Geothermal Development in Colorado

A northwestern Colorado community has established a geothermal heated and cooled business park to spur economic development in advance of a scheduled coal plant and mine closure, according to Inside Climate News.

The Treasury Department's Tax Credit FAQ

The Treasury Department has released an FAQ outlining when tax credits for efficiency upgrades and EV purchases will end, as per a news release.

Labor Representatives' Concerns over TVA Privatization

Organized labor representatives are concerned that the Trump administration's reported interest in privatizing the Tennessee Valley Authority could harm workers, as reported by Blue Ridge Public Radio and Grist.

The BIS's National Security Review of Wind Turbine Components

Finally, the US Bureau of Industry and Security (BIS) announced a national security review this month regarding the import of components for wind turbines, which could lead to imposing additional import taxes, as reported by E&E News.

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