GREENVILLE, South Carolina, May 2 -- Duke Energy issued the following news release: Duke Energy Progress customers in South Carolina will save $35 million in repair costs from a series of historic storms from 2014 through 2022 thanks to innovative legislation allowing the company to securitize the costs through the sale of lower interest rate bonds. Residential customers in the Pee Dee region of the state using 1,000 kWh per month will save about 33% compared to traditional storm cost recovery  more

ST. PETERSBURG, Florida, May 1 -- Duke Energy issued the following news release: National Small Business Week is a time to celebrate small businesses and their contributions to the economy. It's also a perfect time for Duke Energy's small and medium business customers to take advantage of the enhanced options and customized tools the company provides to help businesses save time and money. According to the Small Business Administration (SBA), 99.8% of Florida businesses are considered small bu  more

CLEVELAND, Ohio, May 2 -- The Institute for Energy Economics and Financial Analysis issued the following news release on May 1, 2024: * * * Key Takeaways: Distributed energy resources (DER) in homes and businesses will likely be the largest component of generation capacity, storage and flexible load in the National Electricity Market (NEM) by 2050. * * * The Australian Energy Market Operator's DER forecasts are conservative in several respects, meaning DER could play a much greater role tha  more

COLUMBUS, Ohio, May 1 (TNSres) -- American Electric Power Corp. issued the following news release on April 30, 2024: American Electric Power (Nasdaq: AEP) today reported first-quarter 2024 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $1 billion or $1.91 per share, compared with GAAP earnings of $397 million or $0.77 per share in first-quarter 2023. Operating earnings for first-quarter 2024 were $670 million or $1.27 per share, compared with operating  more

GREENVILLE, South Carolina, May 2 -- Duke Energy issued the following news release: Duke Energy Progress customers in South Carolina will save $35 million in repair costs from a series of historic storms from 2014 through 2022 thanks to innovative legislation allowing the company to securitize the costs through the sale of lower interest rate bonds. Residential customers in the Pee Dee region of the state using 1,000 kWh per month will save about 33% compared to traditional storm cost recovery  more

ST. PETERSBURG, Florida, May 1 -- Duke Energy issued the following news release: National Small Business Week is a time to celebrate small businesses and their contributions to the economy. It's also a perfect time for Duke Energy's small and medium business customers to take advantage of the enhanced options and customized tools the company provides to help businesses save time and money. According to the Small Business Administration (SBA), 99.8% of Florida businesses are considered small bu  more

WASHINGTON, May 2 -- ENERSYS ENERGY PRODUCTS, Warrensburg, Missouri, won a federal contract award for $354,623 from the Department of Defense Defense Logistics Agency, Columbus, Ohio, for storage battery. Contract Award Number: SPE7L724P2092; ueiSAM: ND1VWZCF2NE1; NAICS Code: 335910 ; Product Service Code (PSC): 61; Solicitation Number: SPE7L724Q0299  more

CHICAGO, Illinois, May 1 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Captona, a leading North America-focused investment company dedicated to the energy transition and decarbonization, and its equity partner on a joint venture with UBS Asset Management's Real Estate & Private Markets business to invest in a portfolio of four utility-scale battery energy storage projects in Texas. Previously acquired by UBS Asset Management, the projects total 7  more

PITTSBURGH, Pennsylvania, May 2 (TNSres) -- The University of Pittsburgh Swanson School of Engineering issued the following news: * * * In a new paper for Optica, Pitt researchers find that 2D "unit cells" may be hold the potential for optical computing in the age of artificial intelligence * * * The growing demand of artificial intelligence (AI) applications and cloud services has highlighted the need for more efficient computing systems to handle increasingly complex workloads than current  more

VALLEY FORGE, Pennsylvania, May 1 -- PJM Interconnection, a regional transmission organization that coordinates the movement of wholesale electricity, issued the following news release: A collaborative project among PJM Interconnection, Penn State and ISO New England has won funding from a U.S. Department of Energy program designed to develop and improve wholesale electricity markets. Following its first round of funding, the Wholesale Market Studies and Engagements Program (WMSE) has announce  more

WASHINGTON, May 1 -- The Solar Energy Industries Association issued the following news release on April 30, 2024: Today the Council on Environmental Quality (CEQ) released final rules making important amendments to the National Environmental Policy Act (NEPA) and implementing the 2023 Financial Responsibility Act. Over the last three years the Solar Energy Industries Association (SEIA) submitted numerous comments to CEQ on the reforms needed to improve the permitting process for renewable ener  more

WASHINGTON, May 1 -- Third Way issued the following statement on April 30, 2024: * * * Third Way Senior Director for the Climate and Energy Program Ryan Fitzpatrick issued the following statement on the Department of Energy's recent updates to the GREET model, which will be used to calculate the carbon intensity of a fuel to qualify for the Section 40B Sustainable Aviation Fuel (SAF) Credit under the Inflation Reduction Act (IRA): "The goal of the SAF Credit is to incentivize production of lo  more

WASHINGTON, April 30 [Category: National Defense] -- The Military Officers Association of America issued the following news: This article by Karen Jowers originally appeared on Military Times, the nation's largest independent newsroom dedicated to covering the military and veteran community. Stateside commissaries will offer more deals on groceries in May to help troops and families stock their shelves without breaking the bank. These popular, traditional sidewalk sales will be held at variou  more

BAYREUTH, Germany, May 1 (TNSres) -- The University of Bayreuth issued the following news release: Together with partners, Bayreuth business IT specialists have developed a secure way of exchanging data in the energy system for the German Energy Agency (dena). The report "Fundamentals and significance of data spaces for the energy industry" was published on April 25. The authors are Prof. Dr. Jens Struker and Dr. Marc-Fabian Korner from the University of Bayreuth. What for? The declared goal   more

BOLTON, England, May 2 (TNSres) -- The University of Bolton issued the following news: An engineering graduate from the University of Bolton researched an innovative smart home energy system in remote communities as part of his graduation project. Yusuf Alghamadi explored the use of solar power in a hot and dry environment to minimise dependence on the grid and plans to share his research with companies in the Middle East. The project, 'Design of a Smart Home Energy Management System with PV   more

EUGENE, Oregon, May 1 -- The Western Environmental Law Center issued the following news release on April 30, 2024: Early this morning, the Biden administration's Council on Environmental Quality (CEQ) completed a two-phased effort to modernize rules implementing the National Environmental Policy Act (NEPA), a bedrock community and environmental protection law in the U.S. The final rule goes beyond repairing vandalism to the law by the Trump administration, promoting climate-smart policies, adva  more