War and pandemic are leading to a surge in government support for fossil fuels, study says Energize Weekly, September 7, 2022 The combination of the COVID pandemic and the war in Ukraine has spurred an almost doubling in government support for fossil fuel production among major economies, according to an analysis by the International Energy…
Texas natural gas exports to Mexico hit a record but a regional shortage may loom Energize Weekly, August 24, 2022 West Texas natural gas exports to Mexico reached a record in May, but the combination of growing Mexican exports and new Gulf Coast liquified natural gas (LNG) terminals could leave the region short on gas…
Developers set to add 44 gigawatts of new generation to the U.S. grid, EIA says Energize Weekly, August 17, 2022 Fifteen gigawatts (GW) of new utility-scale electric generating capacity were added to U.S. grid in the first half of 2022, with another 29 GW projected to come online by year’s end, according to a survey…
Climate bill cuts carbon emissions and inflation while boosting economy, studies say Energize Weekly, August 10, 2022 The climate, healthcare and budget bill passed by the U.S. Senate Aug. 7 will help curb both greenhouse gas emissions and inflation while providing a modest boost to the economy, according to three analyses of the legislation. The…
North American power grid faced extreme weather and cyberattack risks in 2021 Energize Weekly, July 27, 2022 The North American electric grid faced unprecedented challenges from severe weather, cyberattacks and problems with natural gas supplies in 2021, but with except one exception – in Texas – utilities and grid operators were able maintain reliability, according…
Q2 oil and gas mergers and acquisitions hit by volatile equity and commodity markets Energize Weekly, July 20, 2022 Oil and gas sector mergers and acquisitions (M&A) buffeted by market volatility slipped in the second quarter of 2022 to $12 billion – an 18 percent decline from the first quarter and a third of what…
U.S. Supreme Court ruling won’t change coal’s downward trend in the power sector Energize Weekly, July 13, 2022 The U.S. Supreme Court’s ruling limiting federal regulation of power plant greenhouse gas emissions will not do much to reverse the decline of coal-fired generation or greenhouse gas emissions, according to two analyses. “We find that the…
Fossil-fuel electric generation challenged in Texas heat wave, raising reliability questions Energize Weekly, July 6, 2022 An early season heat wave in May tested the Texas grid, raising questions about the relation of baseload, fossil-fuel generation to wind and solar, according to analysis by the Institute for Energy Economics and Financial Analysis (IEEFA). “Fossil-fuel proponents…
Oil and gas production rising in the Permian Basin in the face of mounting costs Energize Weekly, June 29, 2022 Oil and gas production in Texas and New Mexico – the most productive U.S. fields – increased in the second quarter of 2022, even as operators face rising costs and supply chain challenges, according to…
New York grid operator sees generating margins shrinking, increased reliability risks Energize Weekly, June 22, 2022 The buffer of extra generating capacity – the reserve or reliability margin – is shrinking in New York State as fossil-fuel plants retire faster than renewable sources are being added, according to an assessment by the state’s grid operator.…
U.S. LNG exports soar as Europe scrambles to fill gap left by Russian cutback Energize Weekly, June 15, 2022 Exports of U.S. liquified natural gas (LNG) to Europe soared in the first four months of 2022 and are poised to grow even more as the European Union (EU) scrambles to replace supplies from Russia. The…
West and Midwest U.S. face summer electricity shortfalls due to heat, drought, and fire Energize Weekly, May 25, 2022 The West and Midwest U.S. risk severe electricity shortfalls this summer due to high temperatures, drought, severe storms and wildfire – all driven by a changing climate, according to the North American Electric Reliability Corp.’s (NERC)…
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