Annual spending by major utilities to produce and deliver electricity increased 12% from $287 billion in 2003 to $320 billion in 2023 as measured in real 2023 dollars, according to financial reports to the Federal Energy Regulatory Commission. Read More
Caliche Development Partners III recently announced that its Golden Triangle Storage expansion project in Beaumont, TX, has achieved FID following the close of the previously announced majority investment by Sixth Street. Read More
Salt River Project and Flatland Storage LLC, a subsidiary of EDP Renewables North America LLC have entered into an agreement to provide 200 MW of new energy storage to Arizona's grid. Read More
This grant will be used to advance OnStream's development of the GeoDura CO2 Storage Hub, which will be able to safely store more than 250 million metric tons of CO2 in an area offshore of Cameron Parish. Read More
ONEOK announced that it has executed a definitive agreement with DT Midstream under which ONEOK will sell its three wholly owned interstate natural gas pipeline systems for a total cash consideration of $1.2 billion subject to customary adjustments. Read More
The lithium will be supplied from ExxonMobil’s planned project in the U.S. to LG Chem’s cathode plant in Tennessee, which LG Chem expects to be the largest of its kind in the U.S.
