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15.07.26 - 22:24
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US Utilities Requested $9.2BN In Rate Hikes In Q2, Up 26% From Previous Year (ZeroHedge)
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US Utilities Requested $9.2BN In Rate Hikes In Q2, Up 26% From Previous Year
By Ethan Howland of UtilityDive
Electric and gas utilities in the second quarter asked state regulators to approve $9.2 billion in rate hikes, up 26% from the $7.3 billion in rate increase proposals filed in the same period last year, according to an updated report released Tuesday by the advocacy group PowerLines.
In the first half this year, utilities asked for $18.6 billion in rate hikes, down from about $25 billion in the same period last year, according to data collected by the nonprofit.
The report comes as average U.S. residential electric rates increased 7.3% from the year before to 18.8 cents/kWh in April, according to the U.S. Energy Information Administration. As a result, “regulators face mounting pressure to scrutinize utility spending plans while balancing the infrastructure investments that a modernizing grid genuinely requires,” PowerLines said.
The utility sector appears to be entering a cap...
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15.07.26 - 15:36
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US & Iran Exchange Heavy Strikes For 5th Day As Trump Warns He′ll Take Out Power Plants Next (ZeroHedge)
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US & Iran Exchange Heavy Strikes For 5th Day As Trump Warns He'll Take Out Power Plants Next
The Pentagon opened Wednesday morning (US time) by announcing yet another round of strikes on Iran, in what looks like sustained action - also increasingly expanding to include civil and energy infrastructure of the Islamic Republic.
"At 6 a.m. ET today, U.S. Central Command forces began launching a wave of strikes against Iran," Centcom announced. "The strikes are designed to further degrade military capabilities Iranian forces have used to attack commercial shipping in the Strait of Hormuz."
The US military further indicated it launched a "seven-hour wave" of strikes overnight. The evening prior, the US reimposed a naval blockade on Iranian ports and alongside launching its fourth consecutive night of strikes on the country, also as President Trump freshly warned that if Iran does not return to the negotiating table, "next week it gets really bad for them, becau...
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15.07.26 - 12:06
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Over 1,600 energy department webpages on utility bill savings removed as US temperatures soar (The Guardian)
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Guardian analysis found the removals coincided with the Trump administration's push to weaken efficiency rulesAs millions of Americans prepare for another brutal heatwave, it's now harder to find information about ways to stay cool while saving energy and keeping utility costs down.At least 1,662 department of energy webpages offering guidance on protecting the electrical grid during heatwaves have gone dark as of 3 July, according to a Guardian analysis of a list of deleted URLs provided by researchers at the Internet Archive, a non-profit that hosts a repository of more than a trillion archived webpages. Continue reading......
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15.07.26 - 00:57
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Largest US Power Grid Is 6.8 Gigawatts Short To Ensure Reliability On Historic Data Center Boom (ZeroHedge)
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Largest US Power Grid Is 6.8 Gigawatts Short To Ensure Reliability On Historic Data Center Boom
The largest US power grid failed for a third straight year to secure enough future supply commitments to ensure reliability for the future amid a historic boom in data center demand.
PJM Interconnection, the largest US power grid (Regional Transmission Organization), which serves 67 million customers in 13 states and Washington, DC, said its auction to procure power for the year starting June 2028 fell 6.8 gigawatts short of what it will need to guarantee system reliability during demand spikes, in a statement released Tuesday. The shortfall is equivalent to almost seven traditional nuclear reactors.
The result ramps up pressure on a grid that's home to Virginia's Data Center Alley, the biggest concentration of data centers in the US, and has borne the brunt of criticism for the struggle to manage the AI boom and sufficiently protect customers from soaring costs. Attention now shifts to an emergen...
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14.07.26 - 06:03
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RWE erwartet stabile Strompreise für Haushalte (DPA-AFX)
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BERLIN/ESSEN (dpa-AFX) - Deutschlands größter Stromerzeuger RWE geht für die kommenden fünf Jahre von insgesamt eher stabilen Preisen für Haushaltskunden aus. RWE-Chef Markus Krebber erwartet nach eigenen Angaben nicht, ......
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