Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023 Energize Weekly, February 7, 2024 Global investments in the energy transition from fossil fuels to clean tech climbed 17 percent in 2023 to a record $1.8 trillion, according to a study by the energy research group BloombergNEF. The largest investments…
Sunrun and PG&E Complete First Season of Innovative Residential Distributed Power Plant 29 Jan, 2024 Peaking at nearly 32 megawatts from 8,500 solar-plus-storage residential systems, Sunrun and Pacific Gas and Electric Company (PG&E) customers provided consistent, reliable clean energy to California’s power grid through the summer and fall of 2023 through an exclusive partnership between…
U.S. Oil Drillers Are Going Electric—and Hitting Speed Bumps January 29, 2024 In the country’s busiest oil field, frackers are devouring nearly as much electricity as four Seattles every day—and they are clamoring for more. Diamondback Energy, a major producer in the Permian Basin of West Texas and New Mexico, has increasingly relied on the…
Texas’ grid has gone 3 years without a crisis. Will it last? 01/30/2024 In the three years since deadly blackouts paralyzed Texas, two major winter storms have hit the electricity grid without plunging the state into blackouts. Texas has touted its success during those two events — Elliott in December 2022 and Heather this January…
Energy Professionals welcome Pickering Nuclear life extension announcement Jan 30, 2024 The Society of United Professionals welcomes the government’s announcement to pursue the refurbishment of the Pickering B Nuclear Generating Station (PNGS). PNGS, and the thousands of high-quality union jobs that the plant supports, are a vital piece of the province’s economy and net-zero emissions…
Lawmakers propose to keep Utah running on coal and natural gas Jan 29, 2024 Republicans on Capitol Hill are working to keep coal and natural gas in Utah’s future. There’s a bumper sticker making its way around the Capitol this year. It reads simply, “powered by coal.” Rep. Colin Jack, R-St. George said he wants…
Energy giant Schneider Electric hit by Cactus ransomware attack January 29, 2024 Energy management and automation giant Schneider Electric suffered a Cactus ransomware attack leading to the theft of corporate data, according to people familiar with the matter. BleepingComputer has learned that the ransomware attack hit the company’s Sustainability Business division earlier this month on…
Record M&A in the fourth quarter of 2023 is driven by ExxonMobil and Chevron deals Energize Weekly, January 31, 2024 Upstream oil and gas mergers and acquisitions hit a record $144 billion in the fourth quarter of 2023 driven by two mega-deals – ExxonMobil’s $65 billion acquisition of Pioneer Natural Resources and Chevron’s $60 billion…
Digitalization is the Future of Water Jan. 23, 2024 Digital technologies are impacting nearly every sector in the water industry, including drinking water. Water utilities of all sizes — private and public — are shifting the way they operate and manage resources. Utilities are embracing digitalization to address problems ranging from aging water infrastructure to…
Tennessee natural gas pipeline decision ignites fiery debate January 22, 2024 The Federal Energy Regulatory Commission has approved plans to build a natural gas pipeline to supply a power plant the Tennessee Valley Authority plans to build near Clarksville, Tennessee, at the site of TVA’s biggest coal plant. Despite opposition from environmental groups, the commission…
TVA reaches its highest weekend power demand during the cold temperatures Jan 21, 2024 Icy temperatures followed us into the weekend, and the Tennessee Valley Authority broke another peak power record along the way. The peak power demand on Sunday morning at 9 a.m. Easter Time was 34,284 megawatts, with a system average temperature of…
Federal money will help PG&E operate Diablo Canyon Nuclear Power Plant until 2030 January 19, 2024 The Diablo Canyon Nuclear Power Plant, California’s last operating plant, will continue to run until 2030. This week the Biden Administration finalized a billion-dollar aid-package to help keep the plant running. It was scheduled to shut down one reactor…
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