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Aramco and Stellantis collaboration indicates eFuel compatibility with 24 European engine families produced since 2014 (Euro 6)

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Stellantis has concluded that 24 engine families in European vehicles sold since 2014, representing 28 million vehicles on the road, are ready to use advanced drop-in eFuel without any powertrain modification, following months of testing at its technical centers across Europe.

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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

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Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies.

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DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

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The US Department of Energy (DOE) closed on a $504.4-million million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014.

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EIA: US average gasoline prices before Memorial Day highest since 2014

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per gallon (gal), the highest gasoline price before Memorial Day since 2014, according to the US Energy Information Administration’s (EIA’s) weekly Gasoline and Diesel Fuel Update. Gasoline prices in some US markets have been more than $3.00/gal The average US gasoline price on 24 May was $1.14/gal gal higher than a year ago.

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EIA: Average US retail gasoline price exceeds $3.00 for the first time since late 2014

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gal since 27 October 2014, according to the US Energy Information Administration (EIA). Shipments through Colonial Pipeline move about five miles per hour, so some markets may need to rely on regional inventories until the fuel on the Colonial Pipeline can transit the pipeline.

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EIA expects summer US real gasoline and diesel prices to be the highest since 2014

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The US Energy Information Administration (EIA) forecasts that retail gasoline prices will average $3.84 After adjusting for inflation, this summer’s forecast national average price would mark the highest retail gasoline and diesel prices since 2014. Source: US Energy Information Administration, Short-Term Energy Outlook (STEO).

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DOE awards Core Power and MIT Energy Initiative funding for floating nuclear power research project

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The US Department of Energy’s Nuclear Energy University Program ( NEUP ) has awarded research funds to the MIT Energy Initiative, CORE POWER, and the Idaho National Laboratory for a three-year study into the development of offshore floating nuclear power generation in the US. Jacopo Buongiorno et al.

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