Saturday - November 23, 2024
TNS Tipoffs - Energy Systems Newsletter for Friday November 08, 2024 ( 20 items )  

Big Polluters Already Emboldened by Dangerous Trump Agenda
WASHINGTON, Nov. 7 [Category: Environment] -- The Sierra Club issued the following news release: Charlotte, N.C. In an indication of how major utilities may respond to election results, the Chief Financial Officer of Duke Energy announced that in light of Donald Trump's recent election win and the energy plans outlined in Project 2025, the utility is considering ramping up coal use in its operations. In Duke Energy's own 2023 Integrated Resource Plan for North and South Carolina, the utility   more

DEQ to Hold Public Hearings on Air Quality Permits for Coal Replacement Projects at 2 Duke Energy Facilities
RALEIGH, North Carolina, Nov. 9 -- The North Carolina Department of Environmental Quality's Division of Air Quality issued the following news release: The North Carolina Department of Environmental Quality's Division of Air Quality (DAQ) invites the public to provide comment on two draft air quality permit revisions for Duke Energy. Duke Energy is seeking to retire coal-fired boilers at two power plants: Duke Energy Progress, LLC - Roxboro Steam Electric Plant in Person County, and Duke Energ  more

Duke Energy SC Plan Approved With Recommendations From Environmental Groups
CHARLOTTESVILLE, Virginia, Nov. 7 -- The Southern Environmental Law Center issued the following news release: COLUMBIA, S.C. -- Yesterday, the South Carolina Public Service Commission approved Duke Energy's integrated resource plan for South Carolina, directing Duke to work with stakeholders to consider improvements recommended by several environmental groups that, if implemented, could improve grid reliability, expand opportunities for solar energy and battery storage, and reduce reliance on r  more

AEP Reports 3Q 2024 Earnings, Introduces New Growth Rate and Capital Plan
COLUMBUS, Ohio, Nov. 8 -- American Electric Power Corp. issued the following news release on Nov. 6, 2024: * * * * Third-quarter 2024 GAAP earnings of $1.80 per share; operating earnings of $1.85 per share * Narrows 2024 operating earnings (non-GAAP) guidance to $5.58 to $5.68 per share, maintaining $5.63 midpoint * Announces new long-term growth rate of 6% to 8% based off of 2025 operating earnings guidance of $5.75 to $5.95 per share * Expands five-year capital plan to $54 billion to supp  more

Ameresco Reports 3Q 2024 Financial Results
FRAMINGHAM, Massachusetts, Nov. 8 -- Ameresco, a cleantech integrator specializing in energy efficiency and renewable energy, issued the following news release on Nov. 7, 2024: * * * Total Revenue Growth of 49% Led by 59% Increase in Project Revenue Total Project Backlog up 22% Y/Y to $4.5 billion; Contracted Backlog up 56% Y/Y Record 209 MWe Energy Assets Placed into Operation YTD Exceeding FY Guidance New Contracts Drive $180 million Y/Y Increase in O&M Backlog Reaffirming 2024 Guidance   more

America's Electric Co-Ops Ready to Work With Trump Administration, New Congress to Strengthen Rural Communities
ARLINGTON, Virginia, Nov. 7 -- The National Rural Electric Cooperative Association issued the following statement on Nov. 6, 2024: * * * National Rural Electric Cooperative Association CEO Jim Matheson issued the following statement on the election results. "We congratulate President Trump on his election, and we look forward to working with him and Congress on a pro-energy agenda that protects affordability and reliability," Matheson said. "America is at an energy crossroads and the reliabil  more

Big Polluters Already Emboldened by Dangerous Trump Agenda
WASHINGTON, Nov. 7 [Category: Environment] -- The Sierra Club issued the following news release: Charlotte, N.C. In an indication of how major utilities may respond to election results, the Chief Financial Officer of Duke Energy announced that in light of Donald Trump's recent election win and the energy plans outlined in Project 2025, the utility is considering ramping up coal use in its operations. In Duke Energy's own 2023 Integrated Resource Plan for North and South Carolina, the utility   more

Bureau of Industry & Security Releases Public Communication From Tesla
"ASHINGTON, Nov. 7 -- The U.S. Department of Commerce Bureau of Industry and Security has released the following public communication dated Oct. 28, 2024, from Tesla Inc., Austin, Texas: * * * To: Elizabeth L.D. Cannon Executive Director Office of Information and Communications Technology and Services 1401 Constitution Ave. NW Washington, DC 20230 Comments from Tesla on the Notice of Proposed Rulemaking, "Securing the Information and Communications Technology and Services Supply Chain: Co  more

Clean Energy Buyers Association Issues Report Entitled 'Powering United States Primary Steel Decarbonization'
WASHINGTON, Nov. 8 -- The Clean Energy Buyers Association issued a 29-page report in November 2024 entitled "Powering United States Primary Steel Decarbonization." The report was written by Jen Snook, Josh Seidenfeld, Cate Homicki, Rob Hardison and Supharat Thorne. Here are excerpts: * * * EXECUTIVE SUMMARY In the race to decarbonize global economies, steel has become a focal point due to its highly carbon intensive production processes. In 2020, the production of primary and secondary stee  more

DOT FAA: Special Class Airworthiness Criteria for AgustaWestland Philadelphia AW609 Powered-Lift
WASHINGTON, Nov. 7 -- The U.S. Department of Transportation Federal Aviation Administration posted a rule in the Federal Register on Oct. 31 signed by Patrick R. Mullen, Manager, Technical Policy Branch, Policy and Standards Division, Aircraft Certification Service. Airworthiness Criteria: Special Class Airworthiness Criteria for the AgustaWestland Philadelphia Corporation Model AW609 Powered-Lift AGENCY: Federal Aviation Administration (FAA), DOT. ACTION: Issuance of final airworthiness cr  more

Duke Energy SC Plan Approved With Recommendations From Environmental Groups
CHARLOTTESVILLE, Virginia, Nov. 7 -- The Southern Environmental Law Center issued the following news release: COLUMBIA, S.C. -- Yesterday, the South Carolina Public Service Commission approved Duke Energy's integrated resource plan for South Carolina, directing Duke to work with stakeholders to consider improvements recommended by several environmental groups that, if implemented, could improve grid reliability, expand opportunities for solar energy and battery storage, and reduce reliance on r  more

EPA Releases Public Communication From Semiconductor Industry Association
WASHINGTON, Nov. 7 -- The U.S. Environmental Protection Agency has released the following public communication dated Oct. 31, 2024, from the Semiconductor Industry Association: * * * Comments of the Semiconductor Industry Association (SIA) To the Environmental Protection Agency (EPA) On the Notice of Proposed Rulemaking: "Phasedown of Hydrofluorocarbons: Review and Renewal of Eligibility for Application-Specific Allowances" (89 FR 75898, September 16, 2024) [EPA-HQ-OAR-2024-0196] * * * T  more

EPA: North Carolina: Final Authorization of State Hazardous Waste Management Program Revisions
WASHINGTON, Nov. 7 -- The Environmental Protection Agency posted a rule in the Federal Register on Nov. 4 signed by Jeaneanne Gettle, Acting Regional Administrator, Region 4. North Carolina: Final Authorization of State Hazardous Waste Management Program Revisions AGENCY: Environmental Protection Agency (EPA). ACTION: Final action. SUMMARY: On June 26, 2023, North Carolina submitted to the Environmental Protection Agency (EPA) a complete program revision application seeking authorizatio  more

Evergy Announces 3Q 2024 Results, Increases Quarterly Dividend, Reaffirms 2024 Guidance, Establishes 2025 Guidance
TOPEKA, Kansas, Nov. 8 -- Evergy Inc., a company that says it focuses on producing, transmitting and delivering energy for the benefit of stakeholders, issued the following news release: * * * * Third Quarter 2024 GAAP EPS of $2.02, compared to $1.53 in 2023 * Third Quarter 2024 Adjusted EPS (Non-GAAP) of $2.02, compared to $1.88 in 2023 * Increases quarterly dividend 4% to $0.6675 per share * Introduces 2025E-2029E capital investment plan of $16.2 billion * Reaffirms 2024 GAAP and Adjuste  more

GE Vernova Celebrates Commercial Operation for HA-Powered Tongyeong Combined Cycle Power Plant in South Korea
CAMBRIDGE, Massachusetts, Nov. 8 -- G.E. Vernova, an energy company, issued the following news release: * * * * Tongyeong combined cycle power plant owned by Tongyeong Eco Power supplies more than 1 gigawatt (GW) of electricity to the grid, the equivalent electricity needed to power approximately 1 million South Korean homes * * * Tongyeong, South Korea (November 7, 2024) -- GE Vernova Inc. (NYSE: GEV) today announced the start of commercial operation for Tongyeong Eco Power's Tongyeong comb  more

Interior BLM Issues Resource Management Plan, Final EIS for Rough Hat Clark Solar Project in Clark County, Nevada
WASHINGTON, Nov. 7 -- The U.S. Department of the Interior Bureau of Land Management posted a notice in the Federal Register on Nov. 4 signed by Jon K. Raby, State Director. Notice of Availability of the Proposed Resource Management Plan Amendment and Final Environmental Impact Statement for the Rough Hat Clark Solar Project in Clark County, NV AGENCY: Bureau of Land Management, Interior. ACTION: Notice of availability. SUMMARY: In compliance with the National Environmental Policy Act of 1  more

NOIA Congratulates President-Elect Trump and Highlights the Vital Role of Offshore Energy
WASHINGTON, Nov. 7 -- The National Ocean Industries Association issued the following news release: As the political landscape shifts with the election of President-elect Trump, the promise of American offshore energy remains unwavering. From the robust oil and gas production in the Gulf of Mexico to the burgeoning offshore wind projects, carbon capture and storage investments, and critical minerals sectors, American energy production continues to benefit every citizen, transcending political af  more

Oncor Reports 3Q 2024 Results
DALLAS, Texas, Nov. 8 -- Oncor Electric Delivery issued the following news release on Nov. 6, 2024: Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended September 30, 2024 net income of $324 million compared to three months ended September 30, 2023 net income of $380 million. The $56 million decrease was driven by higher interest expense and depreciation expense associated with increases in invested capital and higher operation and maintenance expense, partially offse  more

Treasury Comptroller of Currency Releases Public Communication From Unit Finance
WASHINGTON, Nov. 7 -- The U.S. Department of the Treasury Office of the Comptroller of the Currency has released the following public communication dated Oct. 30, 2024, from Unit Finance Inc.: * * * To: Chief Counsel's Office Attn: Comment Processing Office of the Comptroller of the Currency 400 7th Street SW Suite 3E-218 Washington, DC 20219 Docket ID OCC-2024-0014 * Federal Reserve Board of Governors Attn: Ann E. Misback, Secretary of the Board Mailstop M-4775 2001 C Street NW Wash  more

Vinson & Elkins Hires Thomas Knight, Expanding Energy Regulatory Practice
HOUSTON, Texas, Nov. 8 -- Vinson and Elkins, a law firm, issued the following news release on Nov. 7, 2024: * * * Knight advises leading oil and gas companies on complex regulatory matters. * * * Vinson & Elkins today announced that Thomas Knight has joined the firm as a Washington, D.C.-based partner in the firm's Energy Regulatory practice. Knight represents some of the leading natural gas and storage companies before the Federal Energy Regulatory Commission (FERC) and the Department of E  more