Latest Energy industry News

Mexico's energy reform strains ties with US

Jan. 22, 2022 17:36 PM EST

MEXICO CITY (AP) — Mexico’s plan to favor its own state-owned electrical power plants and limit energy sales by private, foreign-built projects could affect U.S. investment in Mexico, officials said during bilateral talks this week. According to statements issued Friday, the...

Utility asks court to overturn rejection of power plant plan

Jan. 22, 2022 13:59 PM EST

ALBUQUERQUE, N.M. (AP) — New Mexico’s largest electric provider is asking the state Supreme Court to overturn a decision by regulators and let the utility proceed with a plan to transfer its shares in a coal-fired power plant to a Navajo energy company. A filing Friday by Public...

Gas prices go up in NJ, around nation as crude prices rise

Jan. 22, 2022 13:33 PM EST

TRENTON, N.J. (AP) — Gas prices increased in New Jersey and around the nation at large amid a continued increase in crude oil prices and despite a drop in consumer demand. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.38, up a...

Planned natural gas plants would cost $900M, run 10% of time

Jan. 22, 2022 12:13 PM EST

INDIANAPOLIS (AP) — A southern Indiana utility wants to build two new natural gas plants, and a pipeline to get the fuel to them, outside Evansville. CenterPoint Energy, formerly known as Vectren, said this project will help the utility with its transition to renewable energy. It...

Alabama Power to pay state fine, stop coal burning at plant

Jan. 22, 2022 11:15 AM EST

MONTGOMERY, Ala. (AP) — Alabama Power Co. will pay $75,000 in fines and stop burning coal in a unit that released too much hydrochloric acid at a generating plant north of Mobile under an agreement with state environmental regulators. The settlement came as the utility agreed to a...

Analysis: Hundreds supported independent redistricting

Jan. 22, 2022 08:02 AM EST

SALT LAKE CITY (AP) — “It provides accountability to the redistricting process.” “We need representation that understands the diversity of this area.” “As a voter in a rural area I’m entirely uncomfortable with my vote being used to dilute the power of...

Cold North Dakota ideal for hot cryptocurrency data centers

Jan. 22, 2022 01:13 AM EST

BISMARCK, N.D. (AP) — North Dakota’s bitterly cold winters make for the ideal setting desired by a new industry eyeing the state: cryptocurrency. Interest has picked up over the past year in locating data centers within North Dakota. Such facilities consist of computer servers...

Renewables helping some rural cooperatives with bottom line

Jan. 22, 2022 01:12 AM EST

BRAINERD, Minn. (AP) — In a field in Ramsey north of the Twin Cities, a solar array is producing power from the sun. What’s unusual about this array are the large white boxes connected to it that are the size of shipping containers. They’re batteries that store energy when the...

Nevada geothermal power lawsuit bound for US appeals court

Jan. 21, 2022 18:12 PM EST

RENO, Nev. (AP) — A federal appeals court will have to decide whether protecting historical tribal lands and a rare toad warrant blocking a major geothermal plant in Nevada as the nation tries to move away from fossil fuels amid a looming climate crisis. Ormat Technologies says it...

Customers of Entergy Mississippi to see rate increase

Jan. 21, 2022 14:52 PM EST

JACKSON, Miss. (AP) — Entergy Mississippi is raising electricity rates for its customers. The Public Service Commission on Tuesday approved the utility’s request for a rate increase to recoup costs from rising prices for natural gas, which Entergy uses to generate electricity....