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United States
Rystad Energy: Inflation Reduction to Boost US Wind and Solar Investments
The Inflation Reduction Act is set to boost installed solar and onshore wind capacity in the US by 40% by 2030, with an extra 155 GW of capacity expected to com…
Crude Oil
U.S. Crude in SPR Hits Lowest Level Since January 1985
U.S. crude inventory in the Strategic Petroleum Reserve (SPR) fell by 8.1 million barrels in the latest week to the lowest level in more than 35 years, accordin…
United States
U.S. To Spend More Than $500 Billion on Climate Over a Decade Under Three Laws, Study Says
The U.S. government will spend more than $500 billion on climate technology and clean energy over the next decade under three recently enacted laws, an analysis…
Pumped Storage
US Launches $28M Hydropower Research and Development Programme
It will back new technologies that enable the growth of hydropower, including the deployment of pumped storage hydro.
Joe Biden
Biden Vows to Slash Methane Emissions
Fees of up to $1,500 will be imposed per metric tonne of methane emitted in 2026.
LNG
The World’s Biggest LNG Exporter Has a Pipeline Problem
The energy crisis in Europe has helped the United States position itself as the world’s largest LNG exporter.
United States
DOE Cybersecurity Project Funding to Bolster Grid Resilience
The US Department of Energy (DOE) has announced $45 million in funding for projects that will create and test technology to protect the electric grid from cyber…
LNG
U.S. Industrial Gas Producer Air Products Exits Russian Business
U.S. company Air Products and Chemicals, Inc. (APCI), the world's leading provider of technology for processing liquefied natural gas (LNG) and associated equip…
Natural Gas
Gas Prices Are Down, but Biden’s Problem at the Pump Isn’t Going Away
As the White House publicly promotes falling gas prices, behind the scenes, officials worry prices could rise again as they keep looking for ways to get more oi…
Wind Power Project
New Report Finds Value of Wind Energy Far Exceeds Costs
Wind energy continues to see strong growth, solid performance, and attractive prices in the U.S., according to a report released by the U.S. Department of Energ…
Hydrogen Production
2022—the Year the Hydrogen Economy Launched?
The Inflation Reduction Act and the war in Ukraine pump billions into clean hydrogen R&D
Energy Storage Battery
Inflation Reduction Act Prompts Turkish Company to Increase US Gigafactory Output to 3GWH
Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Red…
Joe Biden
ACP CEO Heather Zichal Statement on President Biden Signing the Inflation Reduction Act Into Law
Heather Zichal, CEO of the American Clean Power Association, issued the following statement today after President Biden signed the historic Inflation Reduction …
United States
US DOE Announces $44M Funding for EGS Innovation Projects
Through Utah FORGE, the U.S. Department of Energy will provide funding for up to 17 awards that will build on FORGE's existing work on EGS technologies.
Crude Oil
U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study
U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with…
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