Other energy headlines

** President Biden announces Hyundai will spend $5.5 billion to build its first electric vehicle manufacturing plant in the U.S. near Savannah, Georgia.

** The U.S. Energy Department seeks an unprecedented expansion of high-voltage electricity lines to carry clean power by  prioritizing shovel-ready projects and seeking state support for interregional connections.

** A Spanish energy company begins construction of a 300 MW Texas solar farm, its largest to date and its first in the U.S.

** A new $2.2 million solar farm is generating power in two Alaska villages above the Arctic Circle, where energy costs are among the highest in the state.

** Officials are working to determine the cause of an explosion at a central Ohio ethanol plant as a new grain dryer was being installed. 

** FERC says it will monitor natural gas and power markets for market manipulation this summer amid expected high prices.

** The National Oceanic and Atmospheric Administration predicts above-average heat across the continental U.S. this summer, with especially high temperatures expected in the Northeast and parts of the West.

** The board of directors of NextEra Energy, Inc. appointed President and Chief Executive Officer John Ketchum as chairman of the board, effective July 29, 2022, at which time he will serve as NextEra Energy’s chairman of the board, president and chief executive officer. Ketchum will succeed Jim Robo, who will be retiring as executive chairman effective on that date.

World

** China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke to Reuters, filling the vacuum left by Western buyers backing away from business with Russia after its invasion of Ukraine in February.

** Germany wants to intensively pursue gas and renewable energy projects in Senegal, its Chancellor said on Sunday. Olaf Scholz was in the West African country as part of his first trip to the continent.