Fossil-fuel producing countries set to blow past climate targets for oil, natural gas, and coal Energize Weekly, November 15, 2023 Fossil-fuel producing countries are set to turn out double the amount of coal, oil, and natural gas between now and 2050 needed to keep the increase in global warming to goals set by the Paris…
Clean power installations set a Q3 record even as the sector faces headwinds Energize Weekly, November 8, 2023 New clean power utility-scale installations set a record in the third quarter of 2023, bringing online 5.6 gigawatts (GW) of generation and storage capacity, even as the sector was coping with troubling trends. The installations marked a…
Lower fuel prices to lead to lower winter heating bills for homes using natural gas, propane Energize Weekly, November 1, 2023 Winter heating bills will be lower than last year for homes using natural gas and propane but will be up for those relying on heating oil, according to forecasts by the U.S. Energy Information…
U.S. DOE awards $3.5 billion for 58 projects to make electric grids safer and more resilient Energize Weekly, October 25, 2023 The U.S. Department of Energy (DOE) has made $3.5 billion in grants to utilities in 44 states to improve grid reliability and to take measures to meet the risks of wildfire and extreme weather.…
U.S. sets records for crude oil and natural gas exports in the first six months of 2023 Energize Weekly, October 18, 2023 The U.S. set export records for both oil and natural gas in the first half of 2023, with Europe as the prime destination, according to the federal Energy Information Administration (EIA). Crude oil…
EVs could capture 80 percent of new car sales in China, Europe, and the U.S. by 2030 Energize Weekly, October 11, 2023 While it took six years for electric vehicles (EVs) to climb to from 1 percent to 10 percent of the passenger car market, in another seven, they could capture as much as 80…
Favorable economics, the need for new reserves boost global oil exploration investments Energize Weekly, October 3, 2023 Global oil and gas exploration and production investments are set for a big rebound, according to energy analysts Wood Mackenzie and Rystad Energy. While not reaching the levels of the 2006-to-2014 boom years, budgets are recovering with estimated…
U.S. solar installations to set a record in 2023 despite tariff, supply chain, and funding uncertainties Energize Weekly, September 27, 2023 Solar installations in the U.S. are poised to reach a record 32 gigawatts (GW) of new capacity in 2023, a 52 percent increase over last year, even as the sector faces uncertainties about tariffs,…
Increased U.S. natural gas production in 2023 is boosting LNG and ethane exports Energize Weekly, September 20, 2023 Record U.S. natural gas production in 2023 is leading to a record ethane production and liquified natural gas (LNG) exports, according to the federal Energy Information Administration (EIA). The EIA is forecasting 2023 dry gas production will…
Losing member co-ops, Tri-State seeks to sell its electricity on the wholesale power market Energize Weekly, September 13, 2023 Tri-State Generation and Transmission Association, a wholesale power supplier for rural electric cooperatives, is seeking to sell excess power on the open market as it loses some of its biggest members. The association is offering energy…
Solar panel shipments set a record in 2022 but uncertainty over tariffs loom in the future Energize Weekly, September 6, 2023 Solar photovoltaic panel shipments in the U.S. rose 10 percent in 2022 year-over-year, setting an annual record of 31.7 million peak kilowatt-hours of modules, with 88 percent of the capacity coming as imports, according…
Global oil and gas exploration spending is up at $50 billion in 2023 but reserves are down Energize Weekly, August 30, 2023 Conventional oil and gas exploration is on the upswing and spending is expected to reach $50 billion in 2023 – the highest in five years – but discovered volumes are falling to new…
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