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The NC Clean Energy Technology Center (NCCETC) has released its 50 States of Electric Vehicles 2022 Annual Review and Q4 2022 Report, providing insight on state regulatory and legislative discussions and actions on electric vehicles and charging infrastructure.
natural gas-directed rigs decreased 32% (50 rigs) between December 2022 and December 2024. The post M-U Rig Count Declined 37% (19 Rigs) from Dec 2022 to Dec 2024 first appeared on Marcellus Drilling News. Energy Information Administration (EIA). The decline was concentrated in the natural gas-rich Haynesville and Marcellus/Utica.
an electric vehicle (EV) charging network based in California, is in the process of deploying a total of 26 high-powered (180-350 kW) EV charging stations across nine sites throughout California and Nevada in 2022. The post EV Range Set to Install High-Powered Charging Stations Across Two States in 2022 appeared first on NGT News.
The post Westport and Partners Anticipate Testbed Hydrogen Engine Tech by Early 2022 appeared first on NGT News. Westport Fuel Systems Inc., Because of hydrogen’s high […].
OPEC+ producers Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman have decided to begin raising production in April, for the first time since 2022. The figures in OPECs Monthly Oil Market Report (MOMR) published today suggest that the eight OPEC+ producers added fewer than 30,000
The UK Energy Profits Levy (EPL) was introduced in May 2022 and applies to oil and gas companies operating in the North Sea. Amjad Bseisu, Enquests chief executive, called for the North Sea tax to be scrapped in an operations update on Tuesday after claiming it makes the UK a less attractive place to invest.
MW in fiscal 2022-23 Pakistan’sNEPRAissued1,596net-meteringlicencesacrossthecountrywithacumulativecapacityof221.05MWinthe2022-23fiscalyear,accordingtoofficialstatisticsfro. Pakistan’s net-metering approvals hit 221.05
million bpd it agreed to remove from the market in 2022, by October. Oil prices climbed on Monday morning despite expectations that OPEC+ will continue to boost production in the coming months. Morgan Stanley commodity analysts expect OPEC+ to make three new monthly boosts to its output, returning all 2.2
Established in December 2022, the G7 oil price cap prevents Western-allied companies from providing shipping, insurance, and related services for Russian crude sold above $60 per barrel.
Governor Polis and the Office of State Planning and Budgeting (OSPB) submitted a package of requests for supplemental adjustments to the FY 2022-23 budget and amendments to the November 1, 2022 budget request for FY 2023-24 to the Joint Budget Committee. 1, 2022 budget request doubles down on the administration’s commitment […].
Back in 2022, Norway's state-controlled energy giant Equinor ASA (NYSE:EQNR) laid out its roadmap to achieving net zero emissions. Europes oil and gas giants are increasingly scaling back their climate goals as they struggle to deliver on their ambitious clean energy pledges.
during the period from August 2022 through June 2024. More than $106.5 billion in large-scale clean energy project investments have been announced in Republican-held congressional districts in the U.S. The […] The post GOP-Held Congressional Districts Cash in on Clean Energy Projects appeared first on POWER Magazine.
Nuclear energy has been booming since 2022 as many countries seek to add reliable but zero-carbon electricity generation capacity to meet growing power demand,
Europes failure to put long-term international security interests above short-term economic benefits over Georgia in 2008 and over Ukraine in 2014 was key in encouraging Russian President Vladimir Putin to launch the full-scale invasion of Ukraine on 24 February 2022.
However, the oil price boom of 2022/2023, political backlash against ESG led by Republican politicians as well as claims about greenwashing have made ESG investing lose plenty of luster. To wit, Texas has barred state entities, including
Initially, Russia and Oman two non-OPEC producers part of the OPEC+ alliance implementing the cuts since 2022 requested a pause in the monthly production increases, Argus Media has reported. But OPEC member Algeria didn't call for a pause, according to Arguss source.
The race has been on between the worlds leading powers to secure as much of the globes current and future liquefied natural gas (LNG) supplies ever since Russia invaded Ukraine on 24 February 2022.
Throughout 2022, the weaponization of natural gas supplies by Russia greatly aggravated the continents energy security, leading to a massive spike in gas prices. Three years ago, Europe suffered one of its biggest energy crises in modern history following Russias invasion of Ukraine.
A new study from research firm Information Trends has found that 56,000 hydrogen fuel cell passenger vehicles had been sold worldwide by the end of 2022, with 30,000 of that total having sold in the past two years. The leading market, the company says, is South Korea.
Today, the energy regulator Ofgem published the new energy price cap, which is the maximum suppliers can charge for a variable tariff from April 2022. This guide helps answer the key questions our team has been answering since the announcement. We'll keep updating it as more information becomes available.
Newcastle coal futures have sunk to around $100 per ton, a far cry from the $450 highs we saw in 2022 during the post-invasion Thatll leave production somewhere between 11 and 16 million tons, depending on how grim things get. Coal prices are in the gutter.
Soon after Russia invaded Ukraine in February 2022, Russian government-affiliated hackers orchestrated cyberattacks that targeted Ukraine’s electrical grid and energy infrastructure.
Both companies have previously been active in Canadian M&A, with Whitecap acquiring XTO Canada in 2022 for $1.9 Whitecap Resources, (OTCPK: SPGYF), and Veren Inc, (NYSE:VRN) agreed to a no-cash, all-stock merger the other day, finalizing a long-rumored notion making the rounds in chatrooms. Formerly known as Crescent Point, Veren Inc.
Elementl Power, founded in 2022 and based in Greer, South Carolina, on May 7 said Google would help the company move toward its goal of bringing more than 10 GW of nuclear power capacity online by 2035. The post Google Will Fund Three Nuclear Projects with Elementl Power appeared first on POWER Magazine.
The adoption of zero-emission vehicles accelerated in the past year across almost all markets and vehicle segments, according to the 2022 Zero-Emission Vehicles Factbook recently published by research company BloombergNEF (BNEF). The post BloombergNEF Report Shows Heavy Adoption of Zero-Emission Vehicles appeared first on NGT News.
logged a record $28 billion profit in 2022, which dropped to $13.8 Emerging and state-backed players are already leading the way, leveraging diversification and innovation to future-proof their positions.BP billion in 2023 and $8.9 billion in
Availability is expected to begin in Spring 2022 in Europe, and late 2022 in North America and Australia. Hertz and Polestar, the Swedish premium electric performance car maker, has launched a new global partnership that includes purchasing up to 65,000 electric vehicles (EV) over five years.
million gallons of renewable natural gas (RNG) in the fourth quarter of 2022, representing a 21.2% In 2022, the company sold nearly 200 million gallons of RNG, […] The post Clean Energy Sees Major Growth in Renewable Natural Gas Sales appeared first on NGT News. Clean Energy Fuels Corp.,
refining giants, are benefiting from the higher margins, although these margins are far below the record highs seen in 2022 amid the oil market turmoil. As the driving season begins and summer approaches, peak demand in the northern hemisphere is here. Refiners, including U.S. Still, global composite
Dutch TTF Natural Gas Futures, the benchmark for Europes gas trading, hita two-year highin the middle of February amid the first proper winter with prolonged periods of cold snaps since the 2022 energy crisis. Prices have retreated since mid-February as the heating season and winter are coming to an end, and solar and wind
In December 2022, MDN brought you the great news that Coterra Energy (formerly Cabot Oil & Gas) would be allowed to restart drilling in a nine-square-mile area in Dimock, PA (Susquehanna County) following a no contest plea deal with PAs then-Attorney General, Josh Shapiro, on a misdemeanor charge (see PA DEP Allows Coterra (Cabot O&G).
China is set to see the first annual decline in LNG imports since 2022. LNG import demand in China has been weaker this year amid comfortably full winter inventories. Chinese LNG imports are expected to drop this year, according to the latest estimates from BloombergNEF. The trade war and the new tariffs on U.S. LNG are driving
According to the 2022 Global Energy Talent Index, 25% of its current […] The post A Generational Turnover Could Jeopardize the Nuclear Industry’s Recent Momentum appeared first on POWER Magazine. In the coming decade, the nuclear industry faces the daunting prospect of seeing one in four employees retire.
All of a sudden, Ukraine and Russia are preparing for what could be their first direct peace talks since the spring of 2022, when negotiations launched shortly after Moscow's full-scale invasion of its neighbor broke up. The path to the talks expected in Turkey on May 15 has been a short one.
Tupras had previously become one of the largest buyers of Russian crude after Russia's 2022 invasion of Ukraine. According to trading sources and shipping data reviewed by Reuters, the company restarted imports following a drop in Urals prices below the G7's price cap, reaching their lowest point since 2023.
Freeport LNGs export terminal with three liquefaction trains completely shut down (all three trains) in June 2022 after an explosion and fire (see Explosion Rocks Freeport LNG Export Plant Offline for 3 Weeks). What was initially thought to be a three-week outage lasted for ten months. The plant finally returned online in March 2023.
Municipal power utility Idaho Falls Power (IFP) has announced it is negotiating a power purchase agreement (PPA) with Aalo Atomics, a 2022-founded nuclear engineering firm inspired by Idaho National Laboratory […] The post Idaho Falls Power Negotiating PPA for MARVEL-Inspired Aalo-1 Nuclear Fleet appeared first on POWER Magazine.
The energy workforce added nearly 300,000 jobs in 2022, increasing to more than 8.1 million total jobs at the end of the year, according to the Department of Energy’s (DOE’s) 2023 U.S. Energy and The post Energy Industry Job Market Is Growing Fast, but Finding Workers Is Challenging appeared first on POWER Magazine.
To achieve net-zero goals and accelerate the global energy transition, the International Energy Agency (IEA) stated that countries need to triple renewable energy capacity from that of 2022 by 2030, […] The post Applying Photovoltaic Charging and Storage Systems: Challenging the Limits of PV Technology appeared first on POWER Magazine.
In 2022, after a President Sadyr Japarovs administration took over management of the mine in 2021 from Centerra Gold, a Canadian firm, amid allegations of environmental hazards and mismanagement, as well as a dispute over profit-sharing arrangements.
Voith Hydro in 2022 replaced four vertical Pelton turbines at Verbund’s 75-year-old 326-GWh Gerlos 1 pumped storage facility in Austria with a first-of-its-kind horizontal six-nozzle Pelton turbine The post Hydropower Horizons: Pioneering a Pelton Turbine Breakthrough appeared first on POWER Magazine.
The world threw away a record 62 million metric tons of electronics in 2022, representing a staggering 82% increase since 2010. E-waste is the fastest growing solid waste stream on the planet. Thats enough waste to fill 1.55 And within those 62 million tons were billions of kilograms of critical and costly metals and minerals.
30, 2022 (more than two years). According to a senior market analyst at the PRICE Futures Group, quite possibly. Yesterday the NYMEX Henry Hub “front month” futures price closed up 22.8 cents at $4.35/MMBtu—the MMBtu—the highest closing price since Dec. The post NYMEX NatGas Futures Hit 2-Year High, Closed at $4.35/MMBtu
GWdc of capacity in 2023, a remarkable 51% increase compared to 2022. The Solar Energy Industries Association (SEIA) reported in March that the U.S. solar industry installed 32.4 It was the industry’s The post How the Massive Growth in Solar Power Is Affecting Power Grids appeared first on POWER Magazine.
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