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Energy

'Change is an opportunity': Next-gen fast electric vehicle charger made in Libertyville

By Mick Zawislak
Oct 26, 2023 11:00 pm - Gov. J.B. Pritzker and other political leaders joined EVBox company officials Friday at a Libertyville factory to launch a next-generation fast charger touted as an impo...
Gaza has oil markets on edge. That could build more urgency to shift to renewables, IEA head says

By DAVID McHUGH AP Business Writer
Oct 24, 2023 1:00 am - FRANKFURT, Germany - Tensions from the war in Gaza could help accelerate the move away from planet-warming fossil fuels like oil and gas and toward renewable energy, ele...
Chevron buys Hess for $53 billion, 2nd megadeal in the oil patch this month as energy prices soar

By MICHELLE CHAPMAN AP Business Writer
Oct 23, 2023 1:00 am - Chevron is buying Hess Corp. for $53 billion and it's not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil ...
Nuclear power in Illinois: Behind the scenes at Byron Generating Station

BY JENNY WHIDDEN jwhidden@dailyherald.com
Oct 21, 2023 1:00 am - This story has been update to clarify Byron Generating Station's administrative radiation limit is 2 rems, while federal standards require a limit of 5 rems. It has ...
ComEd welcomes more than 2,000 high school students to explore careers in energy

Daily Herald report
Oct 17, 2023 1:00 am - ComEd will host more than 2,000 high school students from across Northern Illinois Wednesday, Oct. 18, to help them explore careers in energy. The Chicago-based energy c...
Geneva's scheduled electric rate hike starts Nov. 15

By Shaw Local News Network
Oct 10, 2023 11:00 pm - A scheduled increase in Geneva's electric rates will go into effect Nov. 15, officials announced in a news release. The Geneva City Council approved the new rate plan on...
Exxon Mobil doubles down on fossil fuels with $59.5 billion deal for Pioneer Natural as prices surge

By MICHELLE CHAPMAN AP Business Writer
Oct 10, 2023 11:00 pm - Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a coloss...
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war

By DAVID McHUGH AP Business Writer
Sep 25, 2023 1:00 am - FRANKFURT, Germany - Oil prices have risen, meaning drivers are paying more for gasoline and truckers and farmers more for diesel. The increase also complicates the glob...
Illinois group hosts solar town hall in Palatine

BY JENNY WHIDDEN jwhidden@dailyherald.com
Sep 22, 2023 1:00 am - The Illinois Solar Education Association co-hosted a town-hall event with state Rep. Nabeela Syed this week in Palatine, where residents heard from a local solar busines...
IECA helps finance student housing development in Champaign

Sep 20, 2023 11:00 pm - OAK BROOK - The Illinois Energy Conservation Authority, an Illinois tax-exempt nonprofit organization, said Thursday it closed $15.6 million in financing for a student h...

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