** While the cause of the deadly Maui fires remains under investigation, lawyers are sending experts to the island to look into utility power lines as being a possible source of ignition. ** The United States is working to build resilient, diversified clean energy supply chains to protect its economic security, while guarding against the …
Category: Wind Energy
PSO’s $155 million rate hike recommendation to be reviewed by state regulators
The matter of the latest rate hike request made by Public Service Company of Oklahoma, one reduced to $155.2 million or $3.57 more a month for consumers, will be considered Tuesday by Oklahoma regulators. The Oklahoma Corporation Commission will consider the recommendation of Commission Administrative Law Judge Linda Foreman that the rate hike be approved. …
Fast reads of energy stories
** The U.S. Department of Energy on Friday announced that projects in Texas and Louisiana to remove more than 2 million metric tons of carbon emissions per year will get over $1 billion in federal grants, a key step in scaling up direct air capture (DAC) technology. The Department of Energy (DOE) selected Project Cypress in Louisiana, …
Biden mocked Colorado congresswoman in energy speech
While pushing his clean energy plans, President Biden resorted to mocking Colorado Republican Rep. Lauren Boebert during a Wednesday speech in Albuquerque, New Mexico. In his remarks, he discussed how climate change has led to the creation of jobs and pointed to a wind plant being constructed in Pueblo, Colorado. Click here for The …
Iowa residents want to block more wind farms
The buildup of wind farms in Iowa is so fast that residents of one county want a moratorium on wind turbine construction until they can craft stronger regulations. It’s in Dickinson County in northwest Iowa. Click here for Radio Iowa
Wind farm income dips for ALLETE Clean Energy in 2Q
While clean-energy operator ALLETE, Inc reported improved second quarter 2023 earnings of 90 cents a share on net income of $51.5 million, its subsidiary ALLETE Clean Energy saw a dip in earnings. ALLETE Clean Energy operates the firms wind farms in Oklahoma and other states and had second quarter net income of $3.1 million …
Headlines
** Plains All American Pipeline (PAA) reported strong second-quarter results highlighted by improved operations and a $225 million bolt-on acquisition in the Permian Basin. Plains All American closed on its Permian bolt-on deal July 28 to acquire Diamondback Energy’s 43% share in the OMOG JV LLC pipeline. ** In a letter to Granholm sent Monday afternoon, 29 Republicans led by House …
Headlines of other energy stories
** Phillips 66 announces second-quarter 2023 earnings of $1.7 billion compared with earnings of $2.0 billion in the first quarter. Excluding special items of $69 million, the company had adjusted earnings of $1.8 billion in the second quarter, compared with first-quarter adjusted earnings of $2.0 billion. **Occidental Petroleum Corp on Wednesday reported an 83% slump …
Government subsidies swell for renewable energy
Years after Oklahoma’s oil and gas industry leaders complained of too many government subsidies for the state’s renewable energy projects, a new nationwide report shows those subsidies more than doubled between 2016 and 2022. They also formed nearly half of all the federal energy-related support, jumping to $15.6 billion in fiscal year 2022 from …
Energy briefs
** After seven years of delays and $21 billion in cost overruns, the first of two new units at Georgia Power’s Plant Vogtle enters commercial service and becomes the first new U.S. nuclear reactor to do so in more than 30 years. ** A Wyoming conservation group and a retired federal government biologist have filed a federal lawsuit …