Biden administration unveils new funding for domestic solar manufacturing July 14, 2022 The Biden administration on Thursday said it would pour $56 million into programs aimed at spurring domestic manufacturing of solar energy products as the U.S. seeks to move its clean energy sector away from a dependence on Chinese-made goods. The new funding from…
U.S. Firms Enter into Partnership to Recycle Nuclear Fuel July 15, 2022 As the world moves away from the use of fossil fuels in favor of renewable energies in an effort to decrease carbon emissions, interest in the use of uranium as a nuclear fuel continues to grow. Uranium, which is a non-carbon-emitting fuel, is…
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…
New England hits a record low in electricity demand thanks to distributed solar Energize Weekly, June 8, 2022 It was a typical spring Sunday afternoon – sunny with temperatures in the 50’s and 60’s – but May 1 was also historic as the demand for electricity in New England dropped to a record low 7,580…
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)…
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…
U.S. and European EV sales climb but more chargers will be needed to sustain growth Energize Weekly, May 11, 2022 Electric vehicle (EV) sales in both the U.S. and Europe are posting strong gains, but to reach the market penetration governments are targeting – the Biden administration goal is 50 percent of all passenger vehicle…
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