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States challenge Nasdaq, FTSE Russell for fast-tracking SpaceX

States challenge Nasdaq, FTSE Russell for fast-tracking SpaceX

(In first paragraph, corrects number of states challenging indexes to four from five) By Ross Kerber June 11 (Reuters) - Investment leaders from four large states pressed Nasdaq and FTSE Russell for details about recent rule changes favoring SpaceX and other megacap IPOs, and suggested the index

Solar Energy Outperforms Coal in U.S. Despite Federal Support for Coal Industry

Solar Energy Outperforms Coal in U.S. Despite Federal Support for Coal Industry

In a historic development, solar energy outperformed coal in the United States in May 2026, despite President Trump's policies favoring coal. The Sierra Club reports that solar energy has become the cheapest and most reliable source of electricity, even during extreme weather conditions. President Trump's administration has been criticized for its efforts to support the coal industry, including a recent allocation of over $700 million to coal-fired power plants. However, the market continues to favor solar energy due to its cost-effectiveness and environmental benefits. The Sierra Club's Climate Policy Director, Patrick Drupp, emphasized the need for a shift towards clean, affordable, and renewable energy, reflecting the public's growing demand for sustainable energy solutions.

T1 Energy CEO Calls for Urgent Permitting Reform to Boost U.S. Solar Industry

T1 Energy CEO Calls for Urgent Permitting Reform to Boost U.S. Solar Industry

T1 Energy CEO Calls for Urgent Permitting Reform to Boost U.S. Solar Industry

East Coast Residents Brace for Record-High Summer Electricity Bills Amid Heat Wave

East Coast Residents Brace for Record-High Summer Electricity Bills Amid Heat Wave

Millions of homeowners along the East Coast are preparing for a significant increase in electricity bills as a severe heat wave hits the region. According to the Weather Channel, over 100 million people are in the path of this intense early-summer heat, with temperatures expected to reach the mid-to-upper 90s in cities from Richmond, VA, to New York City. The Federal Energy Regulatory Commission (FERC) predicts that electricity consumption will be higher this summer than in the past five years due to extreme weather and droughts affecting hydropower generation. States in the Mid-Atlantic, New York, and New England, which already have some of the highest electricity prices in the country, are expected to be hit hardest by these price surges.

PSEG Long Island Enhances Grid Reliability for Summer 2026 Amid Hurricane Season

PSEG Long Island Enhances Grid Reliability for Summer 2026 Amid Hurricane Season

PSEG Long Island has announced its preparedness for the summer of 2026, focusing on enhancing grid reliability to meet peak electrical demand and withstand hurricane season. The company has implemented numerous upgrades to the electric grid, including storm hardening over 1,400 miles of distribution circuits and installing 8,500 automatic branch line reclosers. These efforts have resulted in a 45% reduction in damage leading to outages in storm-hardened areas. PSEG Long Island operates under a long-term contract with the Long Island Power Authority, aiming to provide the most reliable overhead electric service in New York State.

Heat Advisory Issued Across New York as Heat Index Nears 100°F

Heat Advisory Issued Across New York as Heat Index Nears 100°F

The National Weather Service (NWS) has issued heat advisories for several regions across New York State due to dangerous heat and humidity expected through the end of the week. Areas under advisories include Rochester, Canandaigua, Niagara Falls, the Capital Region, and parts of the Hudson Valley. Heat index values, which account for both temperature and humidity, are forecasted to reach the mid-90s to near 100°F (35-38°C) in some locations. The advisory for western New York, including Monroe, Ontario, Livingston, Wayne, Orleans, Niagara, and Northern Cayuga counties, is in effect until 8 p.m. Thursday. Meanwhile, eastern New York, including the Capital Region, Mohawk Valley, and Mid-Hudson Valley, will be under a heat advisory from noon to 8 p.m. Friday.

New York state's electricity reserves are shrinking, grid operator says

New York state's electricity reserves are shrinking, grid operator says

By Laila Kearney NEW YORK, June 9 (Reuters) - Electricity supplies in New York have shrunk over the last five years, leaving one of the most populous U.S. states at risk of falling short of the energy needed to power homes and businesses on the hottest and coldest days of the year, the state grid

Genesee Valley Pre-Apprenticeship Bootcamp Seeks Participants for Electromechanical Training

Genesee Valley Pre-Apprenticeship Bootcamp Seeks Participants for Electromechanical Training

The Genesee Valley BOCES and the Rochester Technology and Manufacturing Association (RTMA) are actively seeking 10 additional participants for their upcoming Pre-Apprenticeship Bootcamp. This workforce development initiative is designed to provide adults with a direct pathway into advanced manufacturing careers through hands-on training and paid work experience. Scheduled to begin on July 6 at Genesee Valley BOCES in Batavia, the program is open to adults aged 18 and older who are interested in careers as electromechanical, electrical, and mechanical technicians. Participants will receive industry-focused training while earning a paycheck through paid co-op placements with local manufacturers. The program follows RTMA's 'earn while you learn' model, combining classroom instruction with on-the-job experience, and aims to address workforce shortages by equipping individuals with the necessary skills for high-demand careers.

Severe Storms Cause Power Outages in Minnesota, More Expected

Severe Storms Cause Power Outages in Minnesota, More Expected

Severe storms have hit the Twin Cities in Minnesota, causing significant power outages affecting over 70,000 customers. Xcel Energy has deployed 275 crews to restore power as quickly as possible. The storms have brought heavy rain, strong winds, and hail, leading to widespread damage and disruptions. A NEXT Weather Alert remains in effect as another round of severe weather is anticipated, complicating recovery efforts and posing additional risks to residents and infrastructure.

Rayburn Electric Cooperative Begins Construction on New Natural Gas Plant

Rayburn Electric Cooperative Begins Construction on New Natural Gas Plant

Rayburn Electric Cooperative has commenced construction on a new 570-MW natural gas-fired power plant in Sherman, Texas. The Rayburn Electric Station II is designed to enhance the state's dispatchable electricity supply, particularly during peak demand periods. The plant is expected to be operational by June 2028 and will serve the Electric Reliability Council of Texas (ERCOT) north load zone. This project is part of the Texas Energy Fund's initiative to bolster energy infrastructure following the 2021 Winter Storm Uri, which exposed vulnerabilities in the state's power grid.

New York Launches System to Track Harmful Algal Blooms

New York Launches System to Track Harmful Algal Blooms

New York State has activated the Harmful Algal Bloom System (NYHABS) for the 2026 notification season. This system allows residents to electronically report harmful algal blooms (HABs) to the Department of Environmental Conservation (DEC) via a user-friendly form. Confirmed reports are displayed on an interactive map, which includes both current and archived bloom locations. HABs are caused by cyanobacteria, which thrive under conditions such as excess nutrients, warm temperatures, and calm water. The DEC has also introduced the HAB Roadmap, a strategic guide to address and mitigate the impacts of HABs through research, monitoring, and nutrient reduction strategies.

Watch Duty App Expands to Include Nationwide Flood Alerts, Enhancing Emergency Response

Watch Duty App Expands to Include Nationwide Flood Alerts, Enhancing Emergency Response

The popular app Watch Duty, known for its wildfire alerts, has expanded its services to include nationwide flood alerts. This development allows users to receive real-time updates on flood conditions, adding blue flood icons to its existing map interface alongside red flame markers for fires. The app aggregates data from first responders, volunteers, and other sources to provide a comprehensive view of current emergencies. Users can customize their alerts to receive notifications about general wildfires, weather, floods, or specific flood conditions such as watches, warnings, and FEMA flood hazard warnings. This expansion follows a partnership with security company Ring, enabling Ring users to receive Watch Duty notifications and use their cameras to detect potential fire signs.