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May 18 2024
News
Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy
Hotter temperatures in Texas are expected to set new all-time highs for energy use in the month of May, sending electricity prices spiking higher. The state’s grid operator, the Electric Reliability Council of Texas (ERCOT), predicted demand would jump from 57,486 megawatts on Friday to 71,893 MW on Monday, 72,725 MW on Tuesday, and 74,346 MW on May 24, according to Reuters. The coming week
FortuneMay 29 2024
News
Battery-Powered California Faces Lower Blackout Risk This Summer
California expects to avoid rolling blackouts this summer as new solar plants and large batteries plug into the state’s grid at a rapid clip.
The state’s electricity system has been strained by years of drought, wildfires that knock out transmission lines and record-setting heat waves. But officials forecast Wednesday new resources added to the grid in the last four years would give
BloombergMay 26 2024
News
Top Chinese Utility Says Demand Jump to Keep Power Balance Tight
China’s rising electricity demand will keep pressure on the nation’s power sector, according to the world’s largest utility, despite installations of generation capacity hitting a fresh high this year.
“Power supply and demand will be tight during local peak hours,” the research institute of State Grid Corp. of China — which supplies about 1.1 billion customers — said in a report.
BloombergJun 02 2024
News
Drivers to be impacted this week as superload moves through Greene County
GREENE COUNTY — Drivers will be impacted as a superload will move through Greene County this week. >>PREVIOUS COVERAGE: Superload weighing over 500,000 pounds moves through the Miami Valley Piqua Steel Inc. will be moving an electric transformer on Tuesday from the AES substation site on Dayton Xenia Road to the new Honda Battery Plant in Fayette County, according to the Greene County
WHIO 7May 15 2024
News
California tests gas tax alternative
California is trialing alternatives to the gas tax in a bid to raise highway funding, which has been severely depleted by the popularity of electric cars. The state currently taxes drivers on the gasoline they buy, with Californians on average paying about $300 a year. This critical gas tax is used to support road maintenance and other transportation projects, with approximately 80 percent of
NewsweekMay 31 2024
News
EU Tariffs on EVs Would Cost China Almost $4 Billion in Trade
European Union tariffs on Chinese electric vehicles would likely cost Beijing nearly $4 billion in trade with the bloc, according to a new analysis.
The number of Chinese EVs imported to the EU would drop by a quarter — some 125,000 vehicles — if Brussels were to impose a 20% import tariff, Germany’s Kiel Institute for the World Economy said Friday, citing its new study. Sales of
BloombergJun 01 2024
News
Apprenticeship graduation highlights surging demand in booming construction industry
HONOLULU (KHON2) — Carpenters, millwrights, drywall workers, electricians, the need for skilled laborers is growing thanks to the booming construction industry. “There are a lot of viable options for people who like working with their hands, like working outdoor, like doing physical labor,” said Rep. Scot Matayoshi, Labor and Government Operations Committee Chair. “There’s a lot of work coming
KHON 2May 29 2024
News
White House to support new nuclear power plants in the U.S.
The White House on Wednesday plans to announce new measures to support the development of new U.S. nuclear power plants, a large potential source of carbon-free electricity the government says is needed to combat climate change.
The suite of actions, which weren't previously reported, are aimed at helping the nuclear power industry combat rising security costs and competition from
ReutersMay 15 2024
News
Charity appeal for 'unknown' off-grid properties
Many homes in Northumberland were never connected to mains electricity because of their remote location [Human Stories] A charity is trying to gauge the true scale of how many people live in properties without mains electricity. Community Action Northumberland (CAN) believes there may be hundreds of people living off-grid without any extra support and is asking them to get in touch. It is
Yahoo NewsMay 31 2024
News
Dripping Springs Library closed after lightning strikes building
DRIPPING SPRINGS, Texas (KXAN) — The Dripping Springs Library closed on Friday after lightning struck the building, which left a hole in the wall, a representative for the library told KXAN. This happened while thunderstorms moved through the area Friday morning. KXAN’s photojournalist Ed Zavala went and got a video of the damage. That video showed debris all over the ground. Sarah Rose,
KXAN News