Wednesday - January 15, 2025
TNS Tipoffs - Energy Systems Newsletter for Saturday January 11, 2025 ( 12 items )  

Duke Energy Announces Dividend Payments to Shareholders
CHARLOTTE, North Carolina, Jan. 10 -- Duke Energy issued the following news release on Jan. 9, 2025: Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.045 per share. This dividend is payable on March 17, 2025, to shareholders of record at the close of business on Feb. 14, 2025. The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on March 17, 2025, to shareholders of record at the close of bus  more

Kentucky PSC Orders Duke Energy to Pay Consultant Fees
FRANKFORT, Kentucky, Jan. 11 -- The Kentucky Public Service Commission (PSC) has issued an order requiring Duke Energy Kentucky to pay for consulting services rendered by Vantage Energy Consulting, LLC. The order stems from Duke Energy Kentucky's application to convert its existing Wet Flue Gas Desulfurization system at its East Bend Generating Station. This conversion aims to ensure continued compliance with environmental regulations. As part of the regulatory process, the PSC retained Vantag  more

Carbon Capture Coalition Responds to Department of Energy's Request for Information on Carbon Storage Assurance Facility Enterprise
WASHINGTON, Jan. 10 -- The Carbon Capture Coalition issued the following news: The Carbon Capture Coalition recently commented on the Department of Energy (DOE)'s Office of Fossil Energy and Carbon Management (FECM) Request for Information (RFI) on a mid-course evaluation of the Carbon Storage Assurance Facility Enterprise (CarbonSAFE). The US boasts some of the world's most abundant geologic storage formations to safely and permanently store captured carbon dioxide (CO2). Through private-pub  more

Constellation to Acquire Calpine
BALTIMORE, Maryland, Jan. 11 -- Constellation, a retail supplier of power, natural gas and energy products and services for homes and businesses, issued the following news release: 10 * * * Creates America's Leading Producer of Clean and Reliable Energy to Meet Growing Demand for Customers and Communities Constellation to Acquire Calpine in Stock and Cash Joins Best-in-Class Customer Platforms, Providing Opportunities to Better Serve Customers with a Broader Array of Energy and Sustainabili  more

Duke Energy Announces Dividend Payments to Shareholders
CHARLOTTE, North Carolina, Jan. 10 -- Duke Energy issued the following news release on Jan. 9, 2025: Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.045 per share. This dividend is payable on March 17, 2025, to shareholders of record at the close of business on Feb. 14, 2025. The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on March 17, 2025, to shareholders of record at the close of bus  more

EDF Renewables North America Announces Commercial Operations at Huck Finn Solar Project
SAN DIEGO, California, Jan. 10 -- EDF Renewables, a renewable energy developer, issued the following news release on Jan. 9, 2025: * * * Ameren Missouri's Largest-Ever Solar Project Will Generate $14 million in Revenue for Local Communities * * * EDF Renewables North America today announced that the Huck Finn Solar project achieved commercial operations in December 2024. Developed by EDF Renewables for Ameren Missouri, a subsidiary of Ameren Corporation, the 200 megawatt (MWac) / 270 MWdc H  more

ExxonMobil: 2024 - A Breakout Year for Our Carbon Capture and Storage Business
IRVING, Texas, Jan. 10 -- ExxonMobil, an energy provider and chemical manufacturer, issued the following statement on Jan. 9, 2025 by senior vice president Dominic Genetti: * * * - We're leading the creation of a new industry. - 2024 was a big year for our CCS business. - More milestones are ahead in 2025. * * * It's not every day you get to witness the birth of a new American industry, but that's exactly what's happening right now at the U.S. Gulf Coast. That's where ExxonMobil is assemb  more

Institute for Energy Economics & Financial Analysis: Financial Risks of Carbon Capture and Storage in Canada
LAKEWOOD, Ohio, Jan. 10 (TNSres) -- The Institute for Energy Economics and Financial Analysis issued the following news release: * * * Key Takeaways: A plan to capture CO2 from 13 oil sand processing facilities and store it in Alberta is threatened by cost challenges. Total costs including interest, insurance, depreciation and taxes for existing commercial-scale carbon capture plants in Alberta are approaching thresholds that threaten profitability. There is a risk that the oversupply of ca  more

Kirkland Advises EPIC Midstream Holdings on Sale of EPIC Olefins
CHICAGO, Illinois, Jan. 10 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised EPIC Midstream Holdings, LP on the sale of EPIC Olefins, LP and EPIC Olefins, GP LLC to Howard Energy Partners. EPIC Olefins is a 120 mile long, 12-inch diameter bi-directional ethylene pipeline connecting Gulf Coast Growth Ventures' world-class ethane cracker in Gregory, Texas to ethylene storage in Markham, Texas. Read EPIC's press release. The Kirkland team included co  more

Resources for the Future: EPA Power Plant Rules Could Reduce Emissions, Speed Up Coal Plant Retirements
WASHINGTON, Jan. 10 (TNSres) -- Resources for the Future issued the following news release: What's the story? A new article in the journal Science finds that the US Environmental Protection Agency's May 2024 rules limiting emissions from power plants could reduce US power-sector carbon emissions by 73 to 86 percent below 2005 levels by 2040, compared with 60 to 83 percent without the rules. The findings, which are the results of modeling conducted by EPRI, Resources for the Future (RFF), and   more

Technical University of Munich: Creative Ideas for the Energy Transition
MUNICH, Germany, Jan. 11 (TNSres) -- The Technical University of Munich issued the following news: * * * E-conversion Cluster of Excellence * * * In the e-conversion Cluster of Excellence, experts are researching the mechanisms of energy conversion, providing crucial foundations for the energy transition. What are the research highlights? What is the secret to the cluster's success and why is Munich the perfect place to explore the renewable energies of the future? We take a look behind the   more

Urgent Need to Address Puerto Rico's Energy Crisis
NEW YORK, Jan. 10 [Category: Environment] -- The Environmental Defense Fund issued the following news release: US Energy Secretary Jennifer Granholm's visit to Puerto Rico following the major blackout in the archipelago during New Year's Eve underscores the importance of collaborating with the new Puerto Rican Governor, Jenniffer Gonzalez Colon, to support Puerto Rico's energy transformation. "We recognize that the Governor's priority is to stabilize the electric grid in Puerto Rico," said Dan  more