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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.
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.
Multiple Measures Taken as Polysilicon Market Poised for Recovery FromJanuarytoApril2025,newlyinstalledsolarpowercapacityreached104.93GW,with45.22GWaddedinAprilaloneessentiallythehighestmonthlylevelofPVinstallations.
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.
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.
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.
Goldman Sachs analysts issued yet another update to their oil price forecast, reiterating expectations of weaker prices this year and next, on the back of substantial growth in non-OPEC supplyexcluding U.S. shale. In a note, the analysts said oil production growth from non-OPEC ex Russia ex shale top projects will likely accelerate to 1MB/d over the next two years, adding that natural gas liquids production was also set for a rise over the period, thanks to the launch of new projects in Saudi Ar
153MW/612MWh! CALB Zhijiu Battery Powers the Largest Energy Storage Project in Africa Recently,CALBprovidedhigh-performanceenergystoragecellsforAfrica'slargeststandaloneenergystoragesystemthe153MW/612MWhRedSandsBatteryEnergyStorageProj.
153MW/612MWh! CALB Zhijiu Battery Powers the Largest Energy Storage Project in Africa Recently,CALBprovidedhigh-performanceenergystoragecellsforAfrica'slargeststandaloneenergystoragesystemthe153MW/612MWhRedSandsBatteryEnergyStorageProj.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Two Leading Enterprises Sign Strategic Cooperation Agreement on Lithium Metal Anode Materials for Solid State Batteries OntheeveningofMay22,TiantieTechnologyannouncedthattheCompanysignedaStrategicCooperationFrameworkAgreementwithShenzhenInxTechnologyCo.,Ltd.(hereinafter.
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.
Share Turkey, a G20 member, seeks to boost its economic and geopolitical influence regionally and globally, particularly in energy. Ankara aims to reduce natural gas imports by expanding solar, wind, and domestic gas supplies, and building nuclear power plants. Turkey aims to be a key oil and gas hub, serving as a transit country between Russia, the Caspian region, and Europe, a position that will benefit Turkey economically and enhance its political clout and influence.
ACCIONA Energa has announced the start of commercial operations at the company's 280-MW Forty Mile Wind Farm in Alberta, Canada. The Forty Mile installation is one of Canadas 10 largest wind farms and the largest facility of its kind that ACCIONA Energa has built to date in North America. The post ACCIONA Energa Brings 280-MW Wind Farm Online in Canada 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.
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).
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.
A battery energy storage system (BESS) described as the largest deployed to date in the European Union (EU) has been commissioned in Bulgaria. Officials with the country's Ministry of Energy said the 124-MW/496.2-MWh BESS, also the largest in the Balkans, supports the stability of Bulgaria's power grid along with its transition to the use of more renewable energy resources.
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.
One of the significant stories of 2024 in the Ohio Utica was about Austin Master Services (AMS), a radiological waste management solutions company in Martins Ferry, Ohio, that handles fracking waste by transporting it for disposal. AMS ran into trouble when it ran out of money. The Martins Ferry facility in Belmont County, where waste.
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.
Avangrid said it would invest $41 million across five projects in New York State to improve the capacity and reliability of the regional power grid. The company, a member of the Iberdrola Group, said the funding for the grid around Ithaca, New York, builds on Avangrids effort to modernize New Yorks electrical and gas infrastructure. The post Avangrid Investing $41 Million to Rebuild NY Grid Infrastructure appeared first on POWER Magazine.
Perhaps, as non-financial types, you have been perplexed by the strange doings of the various markets. Well, you should be. Consider these statistics for the year to date (May 21): The US stock market, as represented by the S&P 500 has declined by 0.6 %. WTI oil price has fallen 14.5%. The US dollar dropped 8.2%. US Treasury bond yields rose 2 basis points (meaning bond prices fell 0.4%).
Here is a link to a presentation at the Money Show in Dallas, TX The Real Energy Crisis No One’s Talking About Here is a link to a recent interview: AnasAlhajji Talks All Things Energy Energy Outlook Advisors' Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
Net Power, backed by the Rice brothers (of Rice Energy and EQT fame), is on a mission to develop and deploy revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see Dan Rice Buys Co. that Builds Zero-Carbon Gas-Fired Electric Plants). In April, MDN brought you the news.
With Emerson Exchange 2025 - the thought leadership event of global engineering services, industrial automation and technology giant Emerson - drawing to a close on May 22, the Oilholic enjoyed a fascinating and engaging week out in San Antonio, Texas, US. An action-packed week included insightful 1-on-1 discussions, panel chats, a product launch and wider interactions on the global energy and industry mix, and, where it is heading to with the "plant or factory of the future.
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 Department of the Interior has announced that the U.S. Geological Survey (USGS) has discovered large oil and gas deposits in the Mowry Composite Total Petroleum System that spans parts of Wyoming, Colorado and Utah. The report estimates large hydrocarbon resources, including 473 million barrels of oil and 27 trillion cubic feet (tcf) of natural gas.
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.
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