TNS Tipoffs - Energy Systems Newsletter for Thursday December 12, 2024 ( 12 items ) |
Ind. Utility Regulatory Commission Issues Weekly Hearing Schedule for Dec. 16-20
INDIANAPOLIS, Indiana, Dec. 12 -- The Indiana Indiana Utility Regulatory Commission issued the following weekly hearing schedule:
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Monday, December 16, 2024
CAUSE NO.: 38707-FAC142; ALJ: SCHUSTER; TIME: 9:00 A.M.; ROOM: PNC, Room 222
APPLICATION OF DUKE ENERGY INDIANA, LLC FOR APPROVAL OF A CHANGE IN ITS FUEL COST ADJUSTMENT FOR ELECTRIC SERVICE AND FOR APPROVAL OF A CHANGE IN ITS FUEL COST ADJUSTMENT FOR HIGH PRESSURE STEAM SERVICE IN ACCORDANCE WITH INDIANA CODE Sec.8-1-242, INDIANA C
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Ky. PSC Issues Order Involving Duke Energy Ky.
FRANKFORT, Kentucky, Dec. 12 -- The Kentucky Public Service Commission issued the following order (Case No. 2024-00354) on Dec. 11, 2024:
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In the Matter of: Electronic Application Of Duke Energy Kentucky, Inc. For: 1) An Adjustment Of The Electric Rates; 2) Approval Of New Tariffs; 3) Approval Of Accounting Practices To Establish Regulatory Assets And Liabilities; And 4) All Other Required Approvals And Relief
ORDER
This matter arises upon the motion of the Attorney General of the Commo
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Dentons Advises Promissory Note Loan Creditors in Varta's Restructuring Through StaRUG Proceedings
WASHINGTON, Dec. 12 -- Dentons, a law firm, issued the following news:
Berlin--Global law firm Dentons has advised the group of promissory note loan creditors of the battery manufacturer Varta AG in the context of Varta's restructuring under a StaRUG procedure. The German Corporate Stabilization and Restructuring Act (StaRUG) offers companies a quick and targeted restructuring of their financial liabilities without the need for insolvency proceedings. The approved restructuring plan will enable
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ExxonMobil Announces Plans to 2030 That Build on Its Unique Advantages
IRVING, Texas, Dec. 12 -- ExxonMobil, an energy provider and chemical manufacturer, issued the following news release on Dec. 11, 2024:
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Expects to deliver growth potential of $20 billion in earnings and $30 billion in cash flow/1
Key elements of ExxonMobil's 2030 plan:
* Increasing Pioneer acquisition average annual synergies by over 50% to more than $3 billion/2
* Growing new business earnings potential to $3 billion/3
* Adding $7 billion more in structural cost savings vs. 3Q2024
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Haynes & Boone Guides Eos Energy Enterprises in Closing $303.5M DOE Loan to Advance Clean Energy Project AMAZE
DALLAS, Texas, Dec. 12 -- Haynes and Boone, a law firm, issued the following news release:
Haynes Boone advised Eos Energy Enterprises, Inc. (NASDAQ: EOSE) in the successful closing of a $303.5 million loan guaranteed by the U.S. Department of Energy (DOE). This milestone financing will drive the expansion of Eos' manufacturing capabilities for its innovative zinc-based, long-duration energy storage systems under Project AMAZE (American Made Zinc Energy).
Global Projects Co-Chair Gilbert Porte
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IRS Releases Public Communication From N.C. Clean Energy Fund
WASHINGTON, Dec. 11 -- The U.S. Department of the Treasury Internal Revenue Service has released the following public communication dated Dec. 2, 2024, from the North Carolina Clean Energy Fund:
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To: The Honorable Janet Yellen
Secretary
Department of the Treasury
1500 Pennsylvania Ave, N.W.
Washington, D.C. 20220
Re: Notice 2024-27: Request for Comments on Situations in Which a Section 6417(a) Election Could Be Made for Credits Purchased in Transfers Under Section 6418(a)
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Dea
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Kirkland Advises TPG Rise Climate, Climate Adaptive Infrastructure and Greenbelt Capital on Investment in Intersect Power in Partnership With Google
CHICAGO, Illinois, Dec. 12 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised TPG Rise Climate, Climate Adaptive Infrastructure and Greenbelt Capital Partners in a new $800 million round of growth equity investment in Intersect Power Holdings, LLC, alongside new strategic partner, Google.
This strategic partnership with Google and investment in Intersect Power, which targets a $20 billion investment to provide scaled renewable power and storage solut
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NIST Releases Public Communication From Frontier Model Forum
WASHINGTON, Dec. 11 -- The U.S. Department of Commerce National Institute of Standards and Technology has released the following public communication dated Dec. 3, 2024, from the Frontier Model Forum, San Francisco, California:
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To: U.S. National Institute of Standards and Technology
100 Bureau Drive
Gaithersburg, MD 20899
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Dear Director Kelly and U.S. AI Safety Institute staff:
The Frontier Model Forum (FMF) is an industry-supported non-profit dedicated to advancing the safe de
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Statement on the Supreme Court Denial of a Stay of EPA's Legacy Coal Ash Rule
SAN FRANCISCO, California, Dec. 11 [Category: Environment] -- Earthjustice issued the following news release:
Today, the Supreme Court denied a requested stay of the Environmental Protection Agency's (EPA) legacy coal ash rule by Eastern Kentucky Power Cooperative. This matter will now return to the U.S. Court of Appeals for the District of Columbia to decide on the validity of the rule.
The EPA's Legacy Coal Combustion Residuals (CCR) Surface Impoundment Rule, issued earlier this year, addres
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Technip Energies and GE Vernova Awarded a Major Contract for the Net Zero Teesside Power Project, Which Aims to Be the World's First Gas-Fired Power Station With Carbon Capture and Storage
CAMBRIDGE, Massachusetts, Dec. 12 -- G.E. Vernova, an energy company, issued the following news release:
LONDON (December 11, 2024) - Technip Energies (PARIS:TE), leader of a consortium with GE Vernova and construction partner Balfour Beatty - with the support of technology partner Shell Catalysts & Technologies - received Notice to Proceed by NZT Power Limited to execute a major(1) contract for the Net Zero Teesside Power (NZT Power) project in the United Kingdom.
NZT Power has reached financ
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The Welch Foundation honors Rice's Wang for pioneering contributions to sustainable energy solutions
HOUSTON, Texas, Dec. 11 -- Rice University issued the following news release:
The Welch Foundation, one of the nation's leading private funders of basic chemistry research, has awarded the 2025 Norman Hackerman Award in Chemical Research to Haotian Wang, an associate professor in the Department of Chemical and Biomolecular Engineering at Rice University. Wang is recognized for his groundbreaking contributions to carbon dioxide electrochemistry, which pave the way for sustainable energy solu
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Vishay Intertechnology 1 Form A Solid-State Relay Offers 600 V Load Voltage and Isolation Voltage of 3750 VRMS in SOP-4 Package
MALVERN, Pennsylvania, Dec. 12 -- Vishay Intertechnology Inc. issued the following news release on Dec. 11, 2024:
Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a 1 Form A solid-state relay offering a 600 V load voltage and isolation voltage of 3750 VRMS in the low profile SOP-4 package. Designed to deliver fast switching for energy storage, industrial and mobility applications, the Vishay Semiconductors VOR1060M4 provides a fast turn-on time of 0.3 ms typical and low leakage current
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