DOE Loan Targets Oklahoma Power Line Modernization The U.S. Department of Energy approved a $1.6 billion loan guarantee for American Electric Power (AEP) to modernize 5,000 miles of high-voltage power lines. The upgrades will cross Oklahoma, Indiana, Michigan, Ohio, and West Virginia. This project will strengthen regional reliability and reduce outages linked to severe weather. …
Category: Solar Energy in Oklahoma
Energy briefs
** A fire ignited at BP’s 440,000 barrel-per-day oil refinery in Whiting, Indiana, before it was extinguished on Friday morning, the company said. The blaze at the largest refinery in the U.S. Midwest caused gasoline prices to spike in parts of the region. The fire resulted from an operational incident, and there were no injuries, the company said in …
GOP Lawmakers Clash Over Trump’s Energy Cuts
Oklahoma’s Republican delegation in Congress has remained quiet on the Trump administration’s decision to cancel $8 billion in green energy funding. But Republican lawmakers in other states are starting to object, warning that some of the cuts could harm energy innovation and local economies. GOP senators push to save projects The administration’s decision last week …
Energy Brief: U.S. Ethane Exports, Solar Cuts, EV Shifts
U.S. Ethane Exports Projected to Grow Through 2026 The U.S. Energy Information Administration (EIA) reports that ethane exports will expand sharply through 2026. Global demand for ethane as a petrochemical feedstock continues to climb, driven by production in Asia and Europe. The EIA said the growth stems from new U.S. export capacity, larger shipping vessels, …
3Q earnings from NextEra Energy to be released this month
NextEra to Announce Third-Quarter 2025 Financial Results NextEra Energy, Inc., one of the nation’s largest renewable energy firms, will release its third-quarter 2025 financial results before the market opens on Tuesday, October 28. The company will post its official release at www.NextEraEnergy.com/FinancialResults and issue an advisory through PR Newswire. The results will only be available …
Energy Brief: Automakers Drop EV Credits, BLM Boosts Permits
EV Tax Credits Pulled Back Ford and General Motors have officially withdrawn their plans to continue offering the $7,500 federal electric vehicle tax rebate, ending months of uncertainty for EV buyers. Both automakers had explored legal workarounds to extend the incentive after Congress killed the program in late September, but the companies now confirm they …
Xcel Cancels $600M Amarillo Solar Farm Project
Xcel Energy Cancels Amarillo Solar Farm Plan Energy provider Xcel Energy has canceled its plans to build a massive 1,400-acre solar farm near Amarillo, Texas, following vocal opposition from nearby residents. The project, known as Oneida 2 Solar, was expected to cost nearly $600 million and begin construction in 2027. The solar facility was one …
Energy briefs
** Scientists at Missouri S&T University are hoping to make a major breakthrough in a new study that will examine how a high-enrichment-level nuclear fuel performs in small modular and microreactors. According to Interesting Engineering, the study will be undertaken in partnership with the Oak Ridge National Laboratory and the U.S. Department of Energy. ** The Department of Energy has …
Energy briefs
** Republican U.S. senators vote to roll back a land management plan and expand mining, drilling, and development in Alaska, Montana, and North Dakota as part of Trump’s push to expand energy production on public lands. ** The U.S. Senate confirms Federal Energy Regulatory Commission nominees Laura Swett and David LaCerte, giving Republicans a 3-2 …
Quarter of Canceled Energy Awards Issued After Biden Loss
Oklahoma Unaffected by Federal Energy Award Cancellations Energy Secretary Chris Wright announced the cancellation of more than 300 Department of Energy financial awards made under the Biden administration. None of the canceled projects were located in Oklahoma. The state, which typically leans Republican in presidential elections, did not receive any of the original awards. Last …