WIND: Duke Energy and TotalEnergies win two lease auctions to develop wind energy off the North Carolina and South Carolina coast, with winning bids totalling $315 million. (Winston-Salem Journal, Coastal Review)
ALSO: The fishing industry frets over wind energy development off the Carolinas, as some targeted areas are home to species popular with recreational anglers. (Wall Street Journal)
OIL & GAS: Federal officials cancel two planned sales of offshore oil and gas leases in the Gulf of Mexico due to “conflicting court rulings.” (Reuters)
PIPELINES: A gas company invested in the Mountain Valley Pipeline reports a nearly $30 million impairment charge that represents a write-down of the project’s value as it faces delays and regulatory obstacles. (Roanoke Times; Charleston Gazette-Mail, subscription)
SOLAR:
• Operations begin at a 68 MW solar farm in Georgia. (WMAZ)
• An energy company announces it will partner with a Caterpillar dealer to build a 500 kW solar project in Kentucky. (PV Magazine)
• Officials at a West Virginia college announce the installation of a solar array that will provide 11% of its campus’s power. (My Buckhannon)
ELECTRIC VEHICLES:
• Electric vehicle maker Rivian’s CEO says the company is moving past supply chain issues and will meet its current production goals as it prepares to build a factory in Georgia. (Atlanta Journal-Constitution)
• Electric vehicle manufacturer Canoo warns it’s struggling to make enough money to stay in business, threatening its plans to build a plant in Oklahoma and move its headquarters to Arkansas. (CNHI, Northwest Arkansas Democrat-Gazette)
COAL: A coal company sees a surge in its first-quarter income due to higher prices and demand for steel-making coal, but also reports nearly $10 million in costs from an ongoing strike in Alabama. (AL.com)
STORAGE: A recycling company announces plans to build in Texas what will be North America’s largest emissions-free and sustainable battery recycling plant. (Houston Chronicle)
NUCLEAR: The U.S. Department of Energy will fund a direct air capture study at an Alabama nuclear plant. (Power Engineering)
UTILITIES:
• Dominion Energy shareholders vote for the utility to detail how it’s responding to the risk of stranded natural gas assets amid a shift from fossil fuels. (Virginia Mercury)
• The Tennessee Valley Authority pledges to help customers reduce their energy burden after finding they pay a larger-than-average share of their income for power. (Chattanooga Times Free Press)
CRYPTOCURRENCY: Residents and elected officials raise objections over eight cryptocurrency mines in eastern Tennessee and another in southern Kentucky as the industry arrives in Appalachia. (WBIR)
GRID:
• Dominion Energy plans to rebuild a Northern Virginia substation as part of a transmission project. (ARLnow.com)
• Texas’ power grid management agency extends its warning of possible emergency conditions as surging temperatures push power demand and the state’s capital experiences partial power loss. (Newsweek)
COMMENTARY:
• Virginia’s solar explosion and the challenges that come with it should push localities to develop comprehensive policies governing construction, writes an editorial board. (Fredericksburg Free Lance-Star)
• The 2019 mailing of refund checks to South Carolina ratepayers for two abandoned nuclear reactors came off as a farce, and a new round of refunds now would be best applied as bill credits instead, writes an editorial board. (Post and Courier)
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