Hertz to Sell 20,000 EVs from U.S. Rental Fleet

1.) Eversource Energy to record earnings impairment of between USD 1.4 billion and 1.6 billion tied to three offshore wind projects totaling about 1700 MW.

2.) US Bureau of Ocean Energy Management launches regional consultation on possible development of six offshore wind lease locations east of NY and NJ, in the New York Bight.

3.) GE Vernova announces largest single order of wind turbines and services to date - a commitment from Pattern Energy for 674 3.6 MW for SunZia wind project in New Mexico.

4.) Hawaiian Electric company commissions 185 MW TeslaMegapack battery uniquely designed to offer multiple services including black-start, inertia, and capacity.

5.) GE Vernova’s Gas Power business secures order from Queensland Australia Government-owned CS Energy for 12 hydrogen-capable aeroderivative gas turbines. They will power a new 400 MW peaker, and can operate initially on 35 percent (by volume) of green H2.

6.) Hertz to sell 20,000 EVs from U.S. rental fleet, citing higher expenses related to collision and damage. Herz had previously announced target to electrify 25% of its fleet by the end of 2024.

7.) PJM Interconnection’s new forecast triples expected demand over coming decade. Summer and winter peak load expected to grow by 1.7% and 2% a year, while total energy demand is expected to jump 2.4% a year, up from 0.8% growth expectations last year. Key drivers are industry, datacenters and EVs.