Summary of fast energy reads

** Two men were sentenced for conspiring to attack U.S. electric substations in a plot motivated by white supremacy and intended to sow civil unrest and economic distress, the U.S. Justice Department said. Christopher Cook, 21, of Columbus, Ohio, was sentenced to 92 months in prison, and Jonathan Frost, 25, of Katy, Texas, and West Lafayette, Indiana, was given 60 months, DOJ said in a press release.

** The U.S. government may soon require natural gas-fired power plants to install technology to capture planet-warming carbon emissions. That’s according to sources who spoke to Reuters, ahead of an announcement that could come this week as part of President Joe Biden push to decarbonize the power sector in the next 12 years.

** The U.S. Energy Department awards Colorado firms and institutions $9.5 million to develop new solar technologies.

** Food distributor Sysco begins constructing an 80-unit electric truck and trailer charging hub at its southern California facility.

** The Iowa Utilities Board issued separate orders Friday assessing $2 million in civil penalties to two pipeline companies that have been operating hazardous liquid pipelines and underground storage facilities in the state for nearly three decades without obtaining permits from the Iowa Utilities Board.

** South Florida slowly regains gasoline supplies after a shortage caused by flooding and subsequent panic buying.



** OPEC’s share of India’s oil imports fell at the fastest pace in 2022/23 to the lowest in at least 22 years, as intake of cheaper Russian oil surged, data obtained from industry sources show, and the major producers’ share could shrink further this year.

** Nine Western European leaders on Monday are committing to ramp up the production of clean energy from wind turbines in the North Sea to both meet climate targets and reduce their strategic energy dependence on Russia.