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The Department of Energys (DOEs) abrupt termination of 24 previously awarded projectsincluding four prominent power-related carbon capture projects will rescind $3.7 billion in financial assistance from its Office of Clean […] The post DOE Scraps $3.7B in OCED Projects, Upending Carbon Capture Progress at Power Plants appeared first on POWER Magazine.
A supertanker carrying 2.1 million barrels of Russias Far Eastern ESPO crude grade has been anchored near China for days in what traders say is an unusual pattern that could suggest weaker demand in the Asian market. The Big Star supertanker loaded ESPO from three smaller vessels near Russias Zarubino port in the Far East earlier this month and headed to Chinas port of Jieyang in the southern province of Guangdong, according to ship-tracking data from LSEG cited by Reuters.
Toyota Boshoku America (TBA), Onyx Renewables, and key project partners gathered on May 28 for a ribbon-cutting ceremony to celebrate the completion of a 5.7-MW solar project that will fulfill 85% of electricity needs at TBAs Illinois plant with clean, affordable energy. The post New Solar Array Powering Auto Parts Plant in Illinois appeared first on POWER Magazine.
Riyu Photovoltaic Plans Hong Kong IPO, Focusing on PV Silver Paste Manufacturing OnMay29,theofficialwebsiteoftheHongKongStockExchangeshowedthatJiangsuRiyuPhotovoltaicNewMaterialsCo.,Ltd.hadsubmitteditslistingapplication.BasedinWuxi.
Pennsylvania Governor Josh Shapiro is a typical liberal Democrat politician. He pretends to be moderate and a supporter of the Marcellus industry in the Keystone State. He is neither. Shapiro claims his proposed energy programs will cut costs for Pennsylvanians. The reverse is true. But were not just making blanket, unprovable assertions or opinions about.
After years of setbacks, the UK is finally pushing ahead with two carbon capture and storage projects. While there is scepticism about the technology, says Ros Taylor, its supporters argue the cost is justified if the UK means to reach net zero. UK Prime Minister Keir Starmer visits the carbon capture and storage facility at the Encirc Glass plant. Credits: Number 10 | Flickr, Public domain.
The Department of Energy (DOE) has issued an emergency order to delay the closure of Consumer Energys 1,560-MW J.H. Campbell coal-fired power plant in West Olive, Michigan,citing urgent reliability concerns […] The post DOE Issues Rare Emergency Order to Delay Michigan Coal Plant Retirement Amid MISO Grid Risk appeared first on POWER Magazine.
Chinas top oil refiners are turning to overseas markets to offset weak domestic demand, pushing ahead with refined product exports despite planned maintenance and uneven profitability, according to new market data. Planned exports for May are set at 304,700 tons, a slight 2.4% decrease from April, driven by lower gasoline and aviation kerosene volumes.
Chinas top oil refiners are turning to overseas markets to offset weak domestic demand, pushing ahead with refined product exports despite planned maintenance and uneven profitability, according to new market data. Planned exports for May are set at 304,700 tons, a slight 2.4% decrease from April, driven by lower gasoline and aviation kerosene volumes.
153MW/612MWh! CALB Zhijiu Battery Powers the Largest Energy Storage Project in Africa Recently,CALBprovidedhigh-performanceenergystoragecellsforAfrica'slargeststandaloneenergystoragesystemthe153MW/612MWhRedSandsBatteryEnergyStorageProj.
In February, MDN brought you the rumor that Canadian pension fund CPP Investments, the majority owner of Encino Acquisition Partners (aka Encino Energy), was considering either a sale of the company or possibly an initial public offering (see Shocker: Encino Energy Considers Sale or Possible IPO for $7B). The rumor was right. On Friday, EOG.
Today's OPEC+ meeting is irrelevant to the oil market this summer. No decision on July's output will be made today; the V8 will decide on Saturday. Here are our expectations and their impact on the oil market: Subscribe now The eight OPEC+ members (The V8) who agreed to voluntary cuts began unwinding them in April. They decided to expedite the unwinding in May and June, likely extending to July.
Technology group Meta, the parent of Facebook and Instagram, has signed a 20-year power purchase agreement with Constellation Energy to take about 1.1 GW of electricity from Constellation's Clinton Clean Energy Center in Illinois. Meta and Constellation on June 3 said the contract means the power plant will continue to operate beyond its expected closure in 2027.
Kyushu Electric Power will sign a 20-year supply agreement to receive LNG from Energy Transfers Lake Charles export facility if its development proceeds as planned. The supply deal will be Kyushu Electric Powers first-ever agreement for LNG deliveries from the United States, which will help diversify the utilitys energy sourcing, the company said in a statement on Thursday carried by Reuters.
Overseas Updates: Turkey Launches Anti-Dumping Probe Against China; Thailand Ends Investment Incentives for PV and Related Sectors. Turkey Launches Anti-Dumping Investigation Against Chinese Solar Junction Boxes OnMay25,2025,TurkeysMinistryofTradeissuedAnnouncementNo.2025/8,initiatingananti-dumpinginvestigationintojunctionboxesforsolarpanelsoriginatingfromChi.
In February, MDN told you about a proposed new bill in Ohio, House Bill (HB) 15, which makes significant changes to state energy policy to encourage the development of more in-state electric generation by making it easier (and more cost-effective) to build gas-fired power (see OH Legislators, New Bill, Encourage More Gas-Fired Power Plants). The.
In a move that could upend the U.S. clean energy buildout, the House has passed the One Big Beautiful Bill Actlegislation that would gut core Inflation Reduction Act tax credits. Enverus Intelligence Research (EIR) estimates over 70% of solar PV and more than 40% of onshore wind capacity, totaling 517 GW out of 801 GW of queued capacity, depends on these incentives.
National Grid in the UK has begun construction of a new Uxbridge Moor substation complex in Buckinghamshire, a project designed to connect more than one dozen new data centers to the electricity provider's network. The post UK’s National Grid Investing Billions for Substation Site to Power Data Centers appeared first on POWER Magazine.
Kazakhstan cannot reduce its oil production as it has no right to impose output reductions on international firms that are operating more than 70% of Kazakhstans oilfields, Energy Minister Yerlan Akkenzhenov said on Thursday. The republic has no right to enforce production cuts on the three large international consortiums, Bloomberg quoted Akkenzhenov as saying.
100MWh! Meikesen Energy and Jinko Energy Storage Sign Strategic Cooperation Agreement OnMay28th,MeikeshengEnergyandJinkoEnergyStoragesignedastrategiccooperationagreementfora100MWhproject.Thetwopartieswilldeepentheircollaborationintheind.
Using hard facts, a post on the Capital Research Center website proves that the change from burning coal to produce electricity to burning natural gas has resulted in a significant decrease in carbon dioxide emissions in the U.S. From 2007 to 2023, American carbon emissions fell by 20 percent from an all-time high, and emissions.
Breaking News: Subscribe now OPEC+ V8 decided to increase production ceiling by 411 kbd in July. The impact is limited as we disused in the past (please see previous published Note and Podcasts on the subject). Please contact us if you have any questions. The production ceiling has risen by about 1.37 mb/d. The remaining voluntary cuts is 0.827 mb/d.
New York-headquartered Plug Power said the companys hydrogen plant in Woodbine, Georgia, produced 300 metric tons of liquid hydrogen in April of this year, the facilitys highest monthly output to date and a new benchmark for the U.S. hydrogen industry. The post Plug Powers Georgia Hydrogen Plant Sets U.S. Production Mark appeared first on POWER Magazine.
The race to build Kazakhstans first nuclear power plant appears to be tightening. The Russian nuclear entity Rosatom has long appeared to have the inside track on the construction contract, but the China National Nuclear Corp. (CNNC) is coming up on the outside, hoping to win it at the wire.
Introduction As AI adoption accelerates across industries, businesses face an undeniable truth AI is only as powerful as the data that fuels it. To truly harness AIs potential, organizations must effectively manage, store, and process high-scale data while ensuring cost efficiency, resilience, performance and operational agility.
Electricity bills across Pennsylvania (and elsewhere in the PJM grid) are due to increase on June 1, when utilities reset a portion of their charges to reflect the current cost of energy. The increases reflect the rising cost of power on the regional transmission grid.
Oil remains firm, a weak dollar helps. And Eco Atlantic have got approval from the South African authorities for the stake in Block 1. The post Oil price, Eco Atlantic. appeared first on Malcy's Blog.
In a market increasingly governed by geopolitical tremors and macroeconomic mismatches, crude oil dipping below $65 per barrel seems like a gift to global consumers. But behind that price tag lies a slow-moving crisis for U.S. shale producers, many of whom are being forced to pull back on production, delay capital projects, and recalculate what sustainability means in a low-margin world.
Delighted to announce that yours truly will be joining Applied Computing 's Demo Day proceedings on June 10, 2025 at IET London Savoy Place in London, UK. The Oilholic will also be moderating the panel discussion titled - Redesigning Energy: New Technologies Powering the Transition - where we'll explore the critical role of technologies and their potential to help reshape the future of energy, industry, and sustainability.
Yesterday, the U.S. Supreme Court ruled that federal agencies conducting environmental reviews under the National Environmental Policy Act (NEPA) must consider only the direct effects of a project rather than its broader impacts. The 8-0 ruling (highly unusual for a unanimous decision) follows years of lower courts demanding broader consideration of the effects of projects.
Hydrogen is categorized by a colour spectrum based on production methods and carbon impact, with green hydrogen produced via electrolysis using renewable energy. As a clean energy carrier, green hydrogen is vital for decarbonizing hard-to-abate sectors and supporting renewable integration. However, scaling it up faces challenges like high costs, limited infrastructure, and technological.
The current state of play for tariffs is creating headwinds and challenges, along with complexity and uncertainty, for global economies and certainly the renewable energy industry. While the renewable energy sector is no stranger to tariffs and the challenge they present, knowing the current status of such tariffs is the first step to developing mechanisms for dealing with them in a way that can give your project the best chance at success.
It has been a volatile and unpredictable year in global oil markets, with price signals clouded by a growing list of competing drivers. From geopolitical tensions to macroeconomic shifts, both bullish and bearish forces are at play, making it increasingly difficult for analysts and investors to form a clear outlook. Amid this complexity, one structural factor stands out: U.S. oil production.
The question some in the oil markets are asking is will OPEC+ hike production again over the weekend for a third consecutive month in a row. The Oilholic is not among them - a hike is most likely coming, quite possibly of the same volume seen in the previous two announcements, i.e. 411k barrels per day (bpd). That's because OPEC has quite overtly shifted from defending a price level to protecting its market share, as yours truly said in a BBC interview this morning.
Last November, the East Kentucky Power Cooperative (EKPC), a nonprofit power generation and transmission electric utility with headquarters in Winchester, Kentucky, announced plans to build two new natural gas-fired power plants and convert its two existing coal-fired power plants to burn natural gas (see Kentucky Utility Plans to Build 4 New Gas-Fired Power Plants).
News True Blue Blog Where energy conversations come to life. Every spring, severe weather events have the potential to cause destruction in communities across the country. Floods, tornadoes and tropical storms can all disrupt the delivery of essential energy services but some types of energy are far more resilient than others against natural disasters.
Pacific Gas and Electric Company (PG&E) and Smart Wires have announced a project to enhance grid reliability and meet energy commitments for data centers connecting in San Jose, California. North Carolina-based Smart Wires will deploy its advanced power flow control (APFC) technology to help PG&E mitigate thermal overloads, redirect power flow, and increase available capacity at its Los Esteros electric substation.
The eight OPEC+ nations that contributed to voluntary production cuts are set to meet on Friday to discuss production strategy for July. Commodity strategists at Standard Chartered have predicted that we are likely to see more of the same, with the group adding another 411 thousand barrels per day to July targets and cumulative unwinding now clocking in at 1.4 mb/d.
Oil continues to firm, a weak dollar and better supply and demand data is the reason. And Rockhopper has a great independent resource evaluation from NSAI but has lost the OM case. The post Flash blog: Rockhopper appeared first on Malcy's Blog.
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