US Energy Dept. needs analysis estimates that 47,300 GW-miles of new lines must be built by 2035, a 57% increase, as renewable sources expand—but study says grid investment has steadily declined since 2015.
McDermott completed roof-raise of storage tank last month at Venture Global Plaquemines export site under construction in Louisiana, set to ship gas by 2024.
The U.S. Commerce Dept. launched first funding opportunity for semiconductor chip producers seeking to build, expand or modernize plants using money from the Chips and Science Act.
Agency hopes to spur private capital investment in carbon capture and storage projects to help reduce harmful emissions, with funds authoried by the 2021 federal infrastructure law.
Report says US sector hit big development milestones last year, including project movements and three federal lease auctions that added 11.4 GW in capacity, with another set in the Gulf of Mexico, but advocacy group says this still likely won't meet Biden call for 30 GW of power deployed by 2030.
One year after Ukraine invasion upended energy supply and costs, more natural gas projects are in motion in the US and globally, but concern grows over greenhouse gas impacts as industry seeks design, construction and operations solutions.
Electric Mustangs are set to use factory's first in the U.S. lithium iron phosphate batteries, which are more durable with less high-cost materials, automaker says, despite lawmaker concerns about the China link.