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Us Energy Secretary

All articles tagged with #us energy secretary

technology2 years ago•1 min saved

Energy Secretary's Frustrating EV Road Trip Exposes Charging Challenges

US Energy Secretary Jennifer Granholm and her team encountered a lack of electric vehicle (EV) chargers during a road trip aimed at promoting EVs. The scarcity of chargers became such an issue that the police were called in when an employee from the Department of Energy tried to save a spot using a gas-powered car. The incident highlighted the urgent need for improved EV infrastructure in the United States, where there are only about three EV charging ports for every 10,000 people.

via Business Insider|

#electric-vehicles #ev-chargers #infrastructure

energy2 years ago•2 min saved

Navigating Volatile Oil Markets: U.S. Energy Chief Urges Increased Supplies

U.S. Energy Secretary Jennifer Granholm has highlighted the ongoing volatility in oil markets and called for additional supplies to help stabilize prices. Granholm expressed concern about the trajectory of oil prices and emphasized the need for affordable transportation. The U.S. is urging OPEC+ producers to increase output to lower costs and ease the strain on consumers. Granholm also emphasized the importance of transitioning to renewable energy and cooperating with China to address climate change.

via CNBC|

#energy #oil-markets #opec

energy2 years ago•3 min saved

"Federal Incentives Drive Growth of West Virginia Battery Plant"

US Energy Secretary Jennifer Granholm attended the groundbreaking ceremony for Form Energy's $760 million industrial battery plant in Weirton, West Virginia, which is expected to create 750 jobs. The project is financed by millions of dollars of private investments and public dollars through the Inflation Reduction Act, which provides tax credits for clean energy factories built on former industrial sites and battery storage projects. Form Energy's iron-air battery technology operates through a "reversible rusting" process and is backed by investors like Bill Gates, Jeff Bezos, and Richard Branson. Granholm praised the project as consistent with President Biden's goal to deploy clean energy solutions across the country.

via West Virginia MetroNews|

#battery-plant #energy #form-energy

energy2 years ago•2 min saved

US cautious on refilling strategic reserve, oil prices fall.

Oil prices fell on worries of oversupply after US Energy Secretary Jennifer Granholm said refilling the Strategic Petroleum Reserve may take several years. Continued crude supply from Russia to the global market was also weighing on oil, which, together with a lingering anxiety about the banking sector, could push benchmarks to test their lows hit earlier this week. However, strong demand expectations from China capped decreases, with oil demand topping 16 million bpd.

via Reuters|

#china #energy #oil-prices

energy2 years ago•1 min saved

U.S. cautious on strategic reserve refilling, oil prices fluctuate.

Oil prices fell on worries about potential oversupply after US Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve may take several years. Brent crude futures slid 3.2% to $73.52 a barrel, while US West Texas Intermediate crude futures dropped 3.4% to $67.56 a barrel. The White House said in October it would buy back oil for the SPR when prices were at or below about $67-$72 per barrel. Continued crude supply from Russia to the global market also added to pressure.

via CNBC|

#energy #oil #oversupply