WEEK OF AUGUST 22, 2025

Multistate transmission collaboration is a complex negotiation, particularly when it comes to the issue of cost allocation. Shared incentives, along with a united vision for the future, are key tools for driving the process, said speakers on a Tuesday American Council on Renewable Energy webinar.

Cost allocation for these projects is “one of the hardest things to agree on, if not the hardest,” said a senior policy advocate at the Acadia Center. “I don’t think it’s a stretch to say that this is a huge limitation and reason that interregional projects just don’t get pursued as much.” 

The debate over Arizona’s REST rules comes as APS, the state’s largest electric utility, has backed away from its pledge to go carbon free by 2050.

“The company is updating its renewable energy goals from an aspirational ‘zero-carbon’ approach to an aspirational ‘carbon-neutral’ approach by 2050,” parent company Pinnacle West said in second quarter earnings released Aug. 6. 

NV Energy is asking the Federal Energy Regulatory Commission for permission to let pending interconnection customers withdraw their requests without paying a penalty in the wake of changes to renewable energy tax credit rules and other actions by the White House administration.

The request suggests that developers may abandon renewable energy projects that are no longer feasible.

As CIOs prepare IT estates for AI adoption, cloud providers are laying the groundwork for a compute capacity demand surge that’s already eclipsed supply.

Massive waves of hyperscale capital investments flowing into data centers are squeezing out enterprises seeking colocation space.

NV Energy is asking the Federal Energy Regulatory Commission for permission to let pending interconnection customers withdraw their requests without paying a penalty in the wake of changes to clean energy tax credit rules and other actions by the White House administration.

The request suggests that developers may abandon renewable energy projects that are no longer feasible.

In an interview, Chief Executive O’Neill said Woodside wants to sell 20%-30% of Louisiana LNG, which it acquired through the $900 million takeover of Tellurian last year.

Negotiations have been ongoing for months, and Woodside decided in April to approve construction of the project before a sell-down of the holding company was agreed.

The pipeline, which runs from El Paso, Texas, to Tucson, Arizona, could see an increase of up to 3,250 barrels per day in capacity.

The expansion would primarily move diesel destined for export to Mexico, along with gasoline, jet fuel, and domestic diesel.

Crude oil inventories in the United States decreased by 6 million barrels during the week ending August 15, after growing by 3 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday.

The build brings commercial stockpiles to 420.7 million barrels according to government data, which is 6% below the five-year average for this time of year.

A couple of years ago, Bloomberg New Energy Finance (BNEF) made a bold prediction that wind and solar energy will make up half of the planet’s electricity generation by the middle of the century, thanks to the rapid transition to low-carbon energy.

However, the intermittent nature of these sources makes large-scale storage critical as renewable energy becomes the dominant power source, with the experts predicting that battery storage is set to boom in the coming years.

See more Notable News articles such as these via Utility Dive, Oilprice.com and BIC Magazine.