Tag: US energy policy

DOE Pulls Plug on Chinese-Owned Company’s Grant Application Months After Alarm Raised

The U.S. Department of Energy (DOE) was never quite clear on why it allowed a Texas subsidiary of a Chinese-owned battery manufacturer to qualify as a grant applicant, even after the company’s links to the Chinese Communist Party (CCP) were revealed during the department’s own vetting process. The DOE was equally opaque in curtly announcing…


Energy Commissioner Warns of ‘Major Threats’ to Power Grid

Hope is a powerful energy, but it won’t keep the air conditioner on when summer temperatures soar and demand for electricity skyrockets, causing an overburdened electrical grid to grind to a stop. Yet that seems to be the Biden administration’s plan in addressing warnings that nine North American regional electrical grids face an “elevated risk”…


IN-DEPTH: Power Grid Facing ‘Elevated Risk’ of Summer Outages, Warns Reliability Watchdog

More than two-thirds of North America could see electrical outages when temperatures spike this coming summer because utilities in many areas do not have sufficient reserve generation capacity to meet surges in demand. According to an annual summer reliability assessment published on May 17 by the watchdog North American Electric Reliability Corporation (NERC), the power grid…


IN-DEPTH: Majority of US Power Grid Faces ‘Elevated Risk’ of Summer Outages Amid Biden’s Green Energy Push: Report

More than two-thirds of North America could see electrical outages when temperatures spike this coming summer because utilities in many areas do not have sufficient reserve generation capacity to meet surges in demand. According to an annual summer reliability assessment published on May 17 by the North American Electric Reliability Corporation (NERC), the power grid…


IN-DEPTH: Majority of US Power Grid Faces ‘Elevated Risk’ of Summer Outages, Warns Reliability Watchdog

More than two-thirds of North America could see electrical outages when temperatures spike this coming summer because utilities in many areas do not have sufficient reserve generation capacity to meet surges in demand. According to an annual summer reliability assessment published on May 17 by the watchdog North American Electric Reliability Corporation (NERC), the power grid…


Nuclear Power Poised for Boom in US but Industry Says Regulatory Reform Needed

Private fund managers and venture capitalists in 2022 invested more than $5 billion in nuclear power companies in the United States, where the industry is poised to build “hundreds of new reactors,” double its electrical output, and triple its workforce to meet a projected 50-percent increase in energy demand by 2050. It’s all very exciting,…


US Heading Toward Power Grid ‘Reliability Crisis,’ Energy Commissioner Warns

There were approximately 10,000 energy projects in April designed to produce more than 2,000 gigawatts (GW) of collective power waiting for permits from federal and state agencies to connect to electric grids across the United States. The problem is, that is nearly twice the collective electricity output of the 1,250 GW now being produced by…


DOE: Reinstating ’22 Budget Would Be ‘Catastrophic’ for Biden’s ‘Green Energy’ Plans

The U.S. Department of Energy (DOE) maintains scaling its $52 billion Fiscal Year 2024 (FY24) budget request back to FY22 funding levels, as House Republicans are proposing, would raise costs for consumers, taxpayers, and industry while derailing momentum in “re-shoring” domestic manufacturing capacity. “That would be absolutely catastrophic at this critical moment,” DOE Deputy Secretary…


US Not Capitalizing on Status as World’s Only ‘Energy Superpower’, Says ‘Godfather of LNG’ Charif Souki

Russia’s invasion of Ukraine created a global energy crisis and an opportunity for the United States to assert itself as the world’s “energy superpower,” maintains Charif Souki, “the godfather of LNG” who a decade ago spearheaded the American drive to become the global leader in liquified natural gas production. “The fundamental thing that has happened,…


Bringing Dead US Uranium Enrichment Industry Back to Life Will Be ‘A Heavy Lift’ But Needed: Industry Leader

Uranium mining in the United States hasn’t been profitable since the Russians flooded the global market with predatorily priced ore and processed fuel a decade ago. Long before, the nation’s atrophied uranium enrichment industry, episodically idled by market paralyses and perpetually frozen in costly multi-jurisdictional regulatory entanglements, had ossified into obsolesce. In 1980, the United…