Good
morning! A few months
ago, Rhode Island’s clean energy
goals and energy-efficiency
funding were in dire straits, as
the state’s Democratic governor
proposed rolling them back in the
name of affordability. But the
legislature just put its foot
down, passing a budget that
prevents the worst of the
rollbacks, Dan
McCarthy and Sarah Shemkus
report.
Sarah’s
been busy: In today’s second
story, she digs
into a blossoming effort to
train workers to drill boreholes
for geothermal networks. These
systems can decarbonize buildings
and cut energy bills, but the
buildout faces a serious driller
shortage that this initiative —
which will start in Massachusetts
— aims to help solve.
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by Dan
McCarthy & Sarah Shemkus
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ENERGY
PRICES
- Oil
and gas executives warn the
White House that gasoline prices
could surge in the coming months
as fuel inventories fall to
critical lows. (Washington
Post)
- U.S.
inflation accelerates, with the
Consumer Price Index rising 4.2%
in May from a year earlier,
largely due to spiking energy
costs triggered by the war in
Iran. (Politico,
New
York Times)
BATTERIES
- The
DOE reinstates a nearly $58
million grant to American
Battery Technology Co., making
the firm — which plans to build
a commercial-scale refinery to
produce battery-grade lithium
hydroxide — one of the few
grantees to successfully appeal
the Trump administration’s
clawbacks. (Waste
Dive, release)
- Panasonic
plans to start mass-producing
battery cells for data center
applications at a Kansas plant
by 2029. (Reuters)
SOLAR
- Solar
hits a new hourly generation
record in New York, meeting
about 29% of the state’s
electricity demand around noon
on June 3, mostly thanks to
behind-the-meter systems. (Utility
Dive)
- Developer
Cypress Creek Energy closes on
$3.5 billion in financing for
one of the biggest solar and
battery projects in the U.S.,
the first phases of which will
boast 1.6 GW of solar and 1.9
GWh of storage in Arkansas for
use by an undisclosed tech firm.
(Bloomberg)
GRID
- FERC
approves PJM Interconnection’s
proposal to fast-track
interconnection requests for
certain large power plants,
rejecting concerns from energy
company Vistra, state
regulators, and others. (Utility
Dive)
DATA
CENTERS
- Texas’
Republican Gov. Greg Abbott
releases sweeping
recommendations on data centers
for the Legislature to pass in
the 2027 session, including
requirements that new facilities
add power generation to the grid
and pay for their own grid
costs. (Texas
Tribune)
- EPA
head Lee Zeldin says the Trump
administration won’t set
nationwide environmental
requirements or recommendations
for the rapidly growing data
center industry. (Politico)
NUCLEAR
- Holtec
considers eventually building
four small modular reactors
totaling nearly 1.3 GW at its
shuttered Oyster Creek nuclear
station in New Jersey. (Asbury
Park Press)
BUILDINGS
- Entech
says AI software rolled out a
year ago has slashed emissions
across 401 New York City
apartment buildings by nearly
25% and saved property owners
over $5 million in total by
helping boilers run more
efficiently. (Heatmap)
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