Old coal-fired power plants could gain a second life as sites for nuclear units, DOE says Energize Weekly, September 21, 2022 Old coal-fired power plants could have an economical, second life as sites for a new generation of nuclear power projects, according to a study by the U.S. Department of Energy (DOE). Siting nuclear capacity…
New methane tax more a regulation aimed at curbing emissions than a revenue raiser Energize Weekly, September 14, 2022 A methane tax in the Inflation Reduction Act will likely serve more as a regulation than a revenue raiser, spurring oil and gas operations to cut down on fugitive emissions to save dollars, according to an…
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…
Onshore and offshore U.S. wind development made big gains in 2021, DOE says Energize Weekly, August 31, 2022 Wind generation posted strong performances – both onshore and offshore – in 2021, according to U.S. Department of Energy (DOE) market reports. Land-based wind generation grew by 13.4 gigawatts (GW) in 2021 reflecting $20 billion in new…
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…
Facing trade, tax and economic uncertainties, clean power installations fall in Q2 Energize Weekly, August 3, 2022 Beleaguered by uncertainties over the future of tax subsidies and trade policy, new clean power installations plummeted 55 percent in the second quarter of 2022 compared to the same period in 2021. Solar installations were down 53 percent…
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…
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