Biden administration threatens veto of GOP bill restricting strategic oil reserve releases Jan 23, 2023 The Biden administration is threatening to veto Republican-led legislation that would restrict the release of oil from the country’s emergency reserve. “If Congress were to pass H.R. 21, the president would veto it. He will…
CPS Energy will phase out coal, close Spruce plant
CPS Energy will phase out coal, close Spruce plant January 24, 2023 Before the end of the decade, the electricity powering San Antonio’s homes and businesses won’t rely on a polluting coal plant. But CPS Energy isn’t committing to all renewables just yet. The city-owned utility’s board voted 4-1 yesterday…
Electricity generation global demand for fossil fuels is about to peak, RMI says
Electricity generation global demand for fossil fuels is about to peak, RMI says Energize Weekly, January 25, 2023 The world has reached – or is close to reaching – peak demand for fossil fuels for generating electricity as the installation of cheaper renewable generation continues to grow, according to an…
US House passes bill to ban US strategic oil reserve sales to China; Senate path unclear
US House passes bill to ban US strategic oil reserve sales to China; Senate path unclear 12 Jan 2023 The US House of Representatives advanced legislation Jan. 12 aimed at preventing crude oil from the US Strategic Petroleum Reserve from ending up in China, sending the measure to the Senate…
Puerto Rico to privatize power generation amid outages
Puerto Rico to privatize power generation amid outages January 15, 2023 Puerto Rico announced Sunday that it plans to privatize electricity generation, a first for a U.S. territory facing chronic power outages as it struggles to rebuild a crumbling electric grid. The move marks the beginning of the end for…
Winter Storm Elliott stressed regional electric grids across the U.S. in different ways
Winter Storm Elliott stressed regional electric grids across the U.S. in different ways Energize Weekly, January 18, 2023 Winter Storm Elliott, the bomb cyclone with freezing temperatures and blizzard conditions that swept across the U.S. east of the Rockies, sparked a wave of outages with its impacts varying from regional…
Why natural gas prices — and bills — are soaring in Southern California
Why natural gas prices — and bills — are soaring in Southern California JAN. 9, 2023 Southern California Gas Co. and San Diego Gas & Electric have issued stark warnings to customers that their January natural gas bills could double, citing factors for historically high wholesale costs that include sinking…
Biden declares emergency in California as more winter storms advance
Biden declares emergency in California as more winter storms advance JAN 9 2023 President Joe Biden on Monday declared an emergency in California after a barrage of deadly winter storms has prompted widespread power outages and flooding since last week. Extreme downpours, high winds and flash floods have caused at…
Colorado co-ops say Xcel Energy mismanaged natural gas supplies during 2021 storm
Colorado co-ops say Xcel Energy mismanaged natural gas supplies during 2021 storm Energize Weekly, January 11, 2023 The fallout from the soaring natural gas prices created by Winter Storm Uri in 2021 continues as four rural Colorado electric cooperatives have filed a complaint with federal regulators saying they were overcharged…
Meet the renewable energy source poised for growth with the help of the oil industry
Meet the renewable energy source poised for growth with the help of the oil industry 01/01/2023 One of the oldest forms of clean power is ready for a comeback — and it’s not wind or solar. Geothermal energy — the technology that harnesses the heat beneath the Earth’s crust —…
To replace Russian gas, Europe builds more LNG capacity and boosts U.S. imports
To replace Russian gas, Europe builds more LNG capacity and boosts U.S. imports Energize Weekly, January 4, 2023 In the dash to replace Russian natural gas supplies, liquefied natural gas (LNG) import capacity in the European Union (EU) and the United Kingdom (UK) is set to expand by a third…
Energy efficiency investments jump in 2022 spurred by energy security concerns
Energy efficiency investments jump in 2022 spurred by energy security concerns Energize Weekly, December 28, 2022 Global investment in energy efficiency – from building renovations to public transport to electric vehicle infrastructure – increased 16 percent in 2022, reaching $560 billion as efficiency gains grew fourfold, according to the International…
US to Become Net Exporter of Crude Oil in 2023
US to Become Net Exporter of Crude Oil in 2023 19 December 2022 The United States has become a global crude oil exporting power over the last few years, but exports have not exceeded its imports since World War II. That could change next year. Sales of U.S. crude to…
High gas prices, energy security concerns make capturing fugitive and flared gas profitable
High gas prices, energy security concerns make capturing fugitive and flared gas profitable Energize Weekly, December 21, 2022 The combination of higher natural gas prices and geopolitical concerns about energy security is making the capture and commercialization of fugitive and flared emissions economically viable around the world, according to a…
Keystone pipeline has now leaked more oil in the US than any other since 2010: report
Keystone pipeline has now leaked more oil in the US than any other since 2010: report 12/12/22 On the heels of another spill last week, the massive Keystone pipeline has now leaked more oil than any other pipeline since 2010, according to a new report from Bloomberg. With more than…
DTE Energy retires two coal plants as part of its vision to generate carbon-free power for the grid of the future
DTE Energy retires two coal plants as part of its vision to generate carbon-free power for the grid of the future December 08, 2022 DTE Energy (NYSE:DTE), Michigan’s largest producer of clean energy, today announced the retirement of two coal-fired power plants, bringing Southeast Michigan closer to a carbon-free future…
US FERC to act on backstop transmission siting, long-running gas pipeline disputes
US FERC to act on backstop transmission siting, long-running gas pipeline disputes 12 Dec 2022 The US Federal Energy Regulatory Commission is poised to act on transmission siting, key pipeline rate disputes, and two important natural gas pipeline certificates at its last meeting of the year Dec. 15, potentially Democrat…
Wholesale on-peak electricity rates set to jump this winter by as much as 60 percent, EIA says
Wholesale on-peak electricity rates set to jump this winter by as much as 60 percent, EIA says Energize Weekly, December 14, 2022 On-peak wholesale and retail electricity prices are set to rise across the country this winter, with some regional wholesale rates jumping as much as 60 percent compared to…
Utility recommends natural gas plant despite objections
Utility recommends natural gas plant despite objections Dec 2, 2022 The nation’s largest public utility on Friday recommended replacing an aging coal burning power plant with natural gas, ignoring calls for the Tennessee Valley Authority to speed its transition to renewable energy. TVA announced the completion of its environmental impact…
Deepwater oil and gas production set to grow 60 percent by 2030 hitting 17 million BOE/D
Deepwater oil and gas production set to grow 60 percent by 2030 hitting 17 million BOE/D Energize Weekly, December 7, 2022 Deepwater oil and gas production is set to increase more than 60 percent between 2022 and 2030, reaching 17 million barrels oil equivalent per day (BOE/D) – equal to…
Interior Department finalizes plans for sale of oil and gas leases off coast of Alaska
Interior Department finalizes plans for sale of oil and gas leases off coast of Alaska November 28, 2022 The Interior Department announced final steps to carry out an oil and gas lease sale off Alaska’s coast, just the second such offshore lease sale of President Joe Biden ‘s tenure. The…
Entergy Texas gets approval to build Orange County plant capable of powering more than 230K homes
Entergy Texas gets approval to build Orange County plant capable of powering more than 230K homes November 28, 2022 An upcoming Entergy Texas facility is set to create more than $1 billion in economic activity in Southeast Texas and bring thousands of jobs to the area. The Public Utility Commission…
US offshore oil and gas rigs at ‘significant’ risk of cyberattacks, warns government watchdog
US offshore oil and gas rigs at ‘significant’ risk of cyberattacks, warns government watchdog November 22, 2022 U.S. offshore oil and gas infrastructure faces “significant and increasing” cybersecurity risks that require “urgent” attention, a U.S. government’s watchdog has warned. The Government Accountability Office said in a new report that the…
Biden grants PG&E $1.1 billion to keep Diablo Canyon nuclear plant open
Biden grants PG&E $1.1 billion to keep Diablo Canyon nuclear plant open NOV 21 2022 The Biden administration on Monday said it’s providing Pacific Gas & Electric Co. with a $1.1 billion grant to help the company prevent the closure of Diablo Canyon, California’s last nuclear power plant. Diablo Canyon…
U.S. grid faces “unprecedented” risk of electricity shortfalls this winter, NERC warns
U.S. grid faces “unprecedented” risk of electricity shortfalls this winter, NERC warns Energize Weekly, November 23, 2022 A large swatch of the U.S. electricity grid – in Texas, the Midwest, Southeast and New England – is at risk of being unable to provide adequate power in the face of extreme…
Equinor Leads the Way in Adoption of Low-emission Offshore Drilling Rigs, Westwood Says
Equinor Leads the Way in Adoption of Low-emission Offshore Drilling Rigs, Westwood Says November 15, 2022 The availability of emission-lowering upgrades for offshore rigs has been on the rise, but adoption of these new technologies is slow outside of Norway and the US Gulf of Mexico due to limited regulatory…
NET Power Natural Gas Generating Plant Captures Its Own Emissions
NET Power Natural Gas Generating Plant Captures Its Own Emissions Nov. 14, 2022 NET Power, based in Durham, North Carolina, has developed a new way to make electricity by burning natural gas that it says is cheaper than conventional gas generation. That’s good news, sort of, but the real benefit…
As Europe Quits Russian Gas, Half of France’s Nuclear Plants Are Off-Line
As Europe Quits Russian Gas, Half of France’s Nuclear Plants Are Off-Line Nov. 15, 2022 An army of engineers has fanned out through nuclear power plants across France in recent months, inspecting reactors for signs of wear and tear. Hundreds of expert welders have been recruited to repair problems found…
Big Utilities See Inflation Reduction Act Helping Reduce Customers’ Energy Bills
Big Utilities See Inflation Reduction Act Helping Reduce Customers’ Energy Bills November 14, 2022 Utility giants planning to spend billions of dollars to move away from fossil fuels see the Inflation Reduction Act helping to reduce the cost of that transition as its customers grapple with high energy bills. Executives…
Spurred by high commodity prices, energy production revenues on federal lands surge
Spurred by high commodity prices, energy production revenues on federal lands surge Energize Weekly, November 16, 2022 Energy production on federal lands and offshore areas in 2022 generated $22 billion for the federal and state governments – the highest in revenues since 2008 and second highest in 39 years, according…
ConocoPhillips records big profits, expects to start work at $8 billion Alaska oil project early next year
ConocoPhillips records big profits, expects to start work at $8 billion Alaska oil project early next year 11/7/22 ConocoPhillips reported making huge profits in the latest quarter amid growing criticism that oil companies are benefiting as gas prices soar, and as President Joe Biden threatens to pursue a windfall profits…
DTE looks to close Monroe Power Plant in 2028, ahead of earlier planned date of 2040
DTE looks to close Monroe Power Plant in 2028, ahead of earlier planned date of 2040 Nov. 7, 2022 DTE Energy unveiled a new 20-year plan that includes increasing solar and wind energy while reducing reliance on coal, which translates into closing the Monroe Power Plant by 2028. According to…
Eversource CEO fears New England might not have enough natural gas if winter is bitter
Eversource CEO fears New England might not have enough natural gas if winter is bitter Oct 29, 2022 The top executive of one of the top energy suppliers in New England fears the region may not have enough power if a severe cold spell hits this winter. Eversource Energy CEO…
Xcel to exit coal nationwide by 2030
Xcel to exit coal nationwide by 2030 October 31, 2022 Xcel Energy plans to stop using coal nationwide by the end of 2030 after announcing Monday that it will speed up retirement of coal-fired units at its Tolk Generating Station in Texas. Xcel said it now plans to retire the…
War in Ukraine is speeding a global energy transition, hobbling Russian exports, IEA says
War in Ukraine is speeding a global energy transition, hobbling Russian exports, IEA says Energize Weekly, November 2, 2022 Global fossil fuel consumption and greenhouse gas emissions are slowing with oil, coal and natural gas either peaking or reaching a plateau by 2030, according to the International Energy Agency (IEA).…
Inside EPA’s climate strategy for power plants
Inside EPA’s climate strategy for power plants 10/24/2022 EPA’s game plan to comprehensively attack pollution from the coal-fired power industry began to take shape almost immediately following President Joe Biden’s inauguration, recently released records show. In early February 2021, senior EPA appointees briefed White House officials on a strategy that…
Global carbon capture capacity set to grow sixfold by 2030, BloombergNEF says
Global carbon capture capacity set to grow sixfold by 2030, BloombergNEF says Energize Weekly, October 26, 2022 Global carbon capture capacity, with more than $3 billion invested in the technology this year, is set to increase sixfold from current levels by 2030, according to an analysis by energy research firm…
$1B Cybersecurity Grant Program Still Coming Into Focus
$1B Cybersecurity Grant Program Still Coming Into Focus OCTOBER 16, 2022 State and local governments are preparing to use $1 billion from the federal infrastructure law to improve cybersecurity. It marks the most significant federal support yet for protecting the computer networks and data of smaller governments. But many crucial…
Oil Prices Dip on Report Biden Preparing New Sales From Strategic Petroleum Reserve
Oil Prices Dip on Report Biden Preparing New Sales From Strategic Petroleum Reserve 10/18/22 Global oil prices moved lower Tuesday amid reports that President Joe Biden is planning to unveil another release of crude from the nation’s emergency reserves in an effort to reduce energy costs heading into the mid-term…
Xcel Energy-Colorado positioned to lead clean energy transition, new president says
Xcel Energy-Colorado positioned to lead clean energy transition, new president says October 16, 2022 Robert Kenney took over as President of Xcel Energy-Colorado as the utility sought approval from state regulators for rate increases, a new clean energy plan and a proposal to reduce emissions from its natural gas system.…
A colder winter and higher energy prices will boost winter heating costs, EIA says
A colder winter and higher energy prices will boost winter heating costs, EIA says Energize Weekly, October 19, 2022 American households will pay more for natural gas, electricity, heating oil and propane to heat their homes, spurred by increased energy prices and the forecast of a colder winter, according to…
French Refinery Strike Opens Door for More US Exports to Asia
French Refinery Strike Opens Door for More US Exports to Asia October 10, 2022 Asian refiners snapped up at least 12 million barrels of US crude oil in the past two weeks as a strike in France dims demand from one of Europe’s largest buyers. Refiners, mostly from South Korea,…
Ontario’s electricity sector will need more natural gas generation: report
Ontario’s electricity sector will need more natural gas generation: report October 11, 2022 Ontario plans to secure more natural gas generation in order to fuel an expected surge in demand for electricity, the energy minister said Friday, the latest announcement in what critics describe as a scramble in the face…
Oil-eating microbes excrete the world’s cheapest “clean” hydrogen
Oil-eating microbes excrete the world’s cheapest “clean” hydrogen October 03, 2022 Texan company Cemvita is promising clean hydrogen at less than US$1/kg, after testing a fascinating new technique in the lab and the field. The idea is to pump specially developed microbes into depleted oil wells, where they’ll eat oil…
PG&E Lays Out Plan to Sell Stake in Generation Capacity
PG&E Lays Out Plan to Sell Stake in Generation Capacity Sept. 29, 2022 PG&E Corp. executives have sketched out a plan to house the company’s non-nuclear generation assets in a new subsidiary, stakes in which could be sold to fund future safety and reliability investments. Representatives of the company’s Pacific…
Threat of recession and drop in oil demand and prices worry Permian producers
Threat of recession and drop in oil demand and prices worry Permian producers Energize Weekly, October 5, 2022 Even as oil production rebounds in the Permian Basin, industry executives are worried about a drop in demand due to a recession and remain dogged by rising costs and supply chain problems,…
Goldman Sachs Drops Oil Price Forecast
Goldman Sachs Drops Oil Price Forecast Sep 27, 2022 Goldman Sachs cut its oil price forecast on Tuesday on the deteriorating global economic outlook—although it remained bullish on oil. Goldman said it remained bullish, anticipating that oil prices would likely rise from the current levels given the state of the…
NYPA, GE Successfully Pilot Hydrogen Retrofit at Aeroderivative Gas Turbine
NYPA, GE Successfully Pilot Hydrogen Retrofit at Aeroderivative Gas Turbine September 26, 2022 A pioneering GE aeroderivative gas turbine project to demonstrate hydrogen combustion as part of a retrofit at an existing U.S. natural gas power plant has successfully utilized blends of 5% to 44% hydrogen with natural gas—some of…
Argonne National Laboratory and Constellation look at producing hydrogen at NPPs
Argonne National Laboratory and Constellation look at producing hydrogen at NPPs 27 September 2022 Constellation Energy Corporation and the Department of Energy’s (DOE’s) Argonne National Laboratory (ANL) have announced a long-term agreement to evaluate trends in the US energy system and develop technologies for more efficient, carbon-free power generation. One…
Global coal-fired generation spikes in 2021, even as wind and solar reach new highs
Global coal-fired generation spikes in 2021, even as wind and solar reach new highs Energize Weekly, September 28, 2022 The world recorded an unprecedent spike in coal-fired generation in 2021 – even as wind and solar generation also reached record levels, according to a report by Bloomberg NEF and Bloomberg…
