High pump prices the result of a suite of market issues and not simply price gouging, study says Energize Weekly, May 18, 2002 Oil companies have been in the crosshairs of lawmakers for either price gouging or not producing enough oil as gasoline pump prices have soared, but a new federal bank analysis found that…
Renewable generation making major inroads on the grid in Texas and California Energize Weekly, May 4, 2022 The steady increase in renewable energy generation – primarily wind and solar – is beginning to show signs of dramatically impacting electric grids around the country as it claims a larger and larger share of electricity production. In…
Higher prices and oil market uncertainty spur record activity in the Permian Basin Energize Weekly, April 20, 2022 In a response to high oil prices, rising demand and supply concerns in international oil markets, monthly drilling permits for new wells in the Permian Basin hit a record in March, according to industry consultant Rystad Energy.…
Environmental campaign targets Bitcoin miners in an effort to curb greenhouse gases Energize Weekly, April 6, 2022 Environmental groups are taking aim at the power-hungry Bitcoin cryptocurrency seeking to get it to change the way it operates and thereby cut its greenhouse gas emissions. The “Change the Code, Not the Climate Campaign” is being spearheaded…
U.S. natural gas production and LNG exports projected to rise as foreign markets grow Energize Weekly, March 16, 2022 Natural gas production in the U.S. is poised to increase through 2050, spurred by exports – with a likely rise in shipments to Europe in the wake of the Russian invasion of Ukraine adding an additional…
Russian invasion of Ukraine and West’s economic sanctions roil global energy markets Energize Weekly, March 9, 2022 The Russian invasion of Ukraine and the broad sanctions by western nations in its wake are roiling energy markets from Europe to Asia and may lead to structural changes in regional and global energy markets, according to analysis…
Global methane emissions seriously under reported, IEA analysis finds Energize Weekly, March 2, 2022 Global energy sector methane emissions are an estimated 70 percent higher than the figures reported by countries to the United Nations, according to the International Energy Agency (IEA). Nations report emissions to the United Nations Framework Convention on Climate Change (UNFCCC),…
New clean generation technology is needed for the West to achieve 100 percent clean electricity Energize Weekly, February 16, 2022 The West could run on 90 percent clean electricity by 2040 with existing renewable generation and storage, but to get to 100 percent, new, clean generation filling the same baseload and ramping capabilities done by…
Cleantech investments soar to a record $755 billion in 2021, BNEF says Energize Weekly, February 2, 2022 A record $755 billion was invested in energy-transition technologies in 2021 – a 27 percent increase over 2020, according to energy consultant BloombergNEF (BNEF). In addition, climate-tech companies raised $165 billion in equity financing from public markets and…
A rise in U.S. renewable generation to reduce fossil-fuel electricity in coming years Energize Weekly, January 26, 2022 Generation from renewable energy sources, primarily wind and solar, will reduce fossil-fuel generation over the next two years in the U.S., even as the country’s energy-related carbon dioxide emissions are set to rise, according to analyses by…
Western and Midwestern grids may face supply shortfalls as early as this summer, NERC says Energize Weekly, January 12, 2022 The Midwest and Western grids could face shortfalls in electricity supply and generating capacity as early as this summer as baseload plants retire and weather-related disruptions become more common, according to the North American Electric…
Pandemic-hobbled economy in 2020 led to the lowest U.S. carbon emissions in 37 years Energize Weekly, January 5, 2022 The COVID pandemic depressed U.S. economic activity so much in 2020 that carbon emissions dropped to their lowest level since 1983, with an 11 percent decrease in emissions over 2019 to 4.6 billion metric tons, according…
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