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It was bad luck for Ed Miliband that his appearance before the House of Commons Environmental Audit Committee fell on the same day that a report by Cornwall Insight predicted the UK would fall 32GW short of his clean power by 2030 target. The post ‘Clean power by 2030’: net-zero targets versus common sense appeared first on Energy Voice.
The recent fire at the Moss Landing battery storage facility in California, operated by Vistra, has raised concerns in the energy industry, raising critical questions about the safety and future […] The post Building a Safer Storage Industry After the Moss Landing Fire appeared first on POWER Magazine.
Ive said this before and while not a Nobel Prize standard observation, it makes sense that if politicians cant carry the people with them then they really need a rethink. The post Is net zero also a threat to UK democracy? appeared first on Energy Voice.
Xcel Energy said the company’s coal-fired Harrington Generating Station in Amarillo, Texas should fully complete its transition to burning natural gas in May. Harrington, whose three units have 1,018 MW […] The post Xcel Says Coal-Fired Texas Plant’s Conversion to Natural Gas Nearly Complete appeared first on POWER Magazine.
As the political environment in Washington DC changes on Monday, January 20, 2025, one of the previous administration’s priorities will not change: the demand for electricity and the need for a safe, reliable electricity grid to meet growing demand. Nationwide electricity demand is expected to grow 4.7 percent in the US over the next five years, outpacing previous consensus estimates.
Shipping nuclear propulsion start-up CORE POWER, which in November of last year announced a deal with Westinghouse for design and development of floating nuclear power plants (FNPPs), has hired an […] The post CORE POWER Hires Engineering Firm to Support Floating Nuclear Power Plants appeared first on POWER Magazine.
Road to Commercial CCS Ventures: Business Models to Scale CCS Scaling CCS is crucial to reducing emissions from hard-to-abate industries, requiring 5 GtCO capture annually. Despite CO-EOR since the 1970s, only 40 MtCO is captured today. Commercial investment remains low due to perceived risks. The key to unlocking large-scale CCS lies in robust business models that.
As our nation confronts challenges over energy reliability amid historic levels of power plant retirements, Pennsylvanias natural gas abundance and strong in-state fuel use is a model for a reliable, affordable, and cleaner grid. During Januarys bitter cold snap where demand broke an all-time record within the PJM interconnection natural gas again rose to the occasion, providing 43% of power produced that day to keep the heat and lights on.
As our nation confronts challenges over energy reliability amid historic levels of power plant retirements, Pennsylvanias natural gas abundance and strong in-state fuel use is a model for a reliable, affordable, and cleaner grid. During Januarys bitter cold snap where demand broke an all-time record within the PJM interconnection natural gas again rose to the occasion, providing 43% of power produced that day to keep the heat and lights on.
Although a formal "natural gas cartel" akin to the Organization of the Petroleum Exporting Countries (OPEC) does not exist, a coalition of significant gas-exporting nations has been collaborating to exert influence over global gas prices and supply. (7) The Gas Exporting Countries Forum (GECF) is often regarded as the closest parallel, with some analysts suggesting it could evolve.
Protecting proprietary information is a key concern for many businesses, and issues can arise when employees transition between competitors. While confidentiality agreements can play an important role in protecting trade secrets, companies sometimes face challenges in demonstrating whether they are sufficient, alone, to safeguard sensitive data. One recent case, involving surveying maps in the oil and gas industry, brings attention to the importance of having clear policies and procedures in pla
'These Mini LNG facilities will ensure the efficient transportation of gas over long distances, providing a cleaner and cheaper source of energy to households, mobility, industries, and businesses'.
As our nation confronts challenges over energy reliability amid historic levels of power plant retirements, Pennsylvanias natural gas abundance and strong in-state fuel use is a model for a reliable, affordable, and cleaner grid. During Januarys bitter cold snap where demand broke an all-time record within the PJM interconnection natural gas again rose to the occasion, providing 43% of power produced that day to keep the heat and lights on.
The UK Civil Aviation Authority has announced the expansion and extension of the Hydrogen Challenge by launching a second round. The next stage of the Hydrogen Challenge will see the development of: New designs of cutting-edge aircraft that use hydrogen fuel cell power systems and remotely piloted systems to drive down carbon emissions. Changes to airport infrastructure that could.
At the recent Mission 300 Africa Energy Summit held in Dar es Salaam, Tanzania, thirty African heads of state made a historic commitment to transform the continent's energy sector. This initiative aims to provide reliable, affordable, and sustainable electricity to millions of people who currently live without it. The Dar es Salaam Energy Declaration represents a significant step.
Phillips 66's realized refining margins averaged $6.08 a barrel in the fourth quarter of 2024, down from $8.31 for the prior quarter and $14.41 for the corresponding quarter in 2023.
Despite bad headwinds from Washington, Minnesota is committed to helping fund clean energy projects and companies with its finance authority, or green bank. It will be lending at least $25 million this year.
India's Union Budget for the fiscal year 2025-26, presented by Finance Minister Nirmala Sitharaman on February 1, 2025, has significant implications for the country's green energy and renewable space. This report delves into the key highlights of the budget concerning this sector, analyzing its potential impact on India's clean energy goals and the overall economy.
'It's a double-whammy today for Henry Hub prices', David Seduski, the head of North American gas at Energy Aspects, told Rigzone in an exclusive interview on Monday.
European Commission announces grants of almost €1.25 billion in under the Connecting Europe Facility supporting 41 cross-border energy projects.1.2-PTES-S-M-24- H2Med CelZa H2Med CelZa hydrogen interconnector €7,221,872.00 9.1.3-ES-S-M-24-H2 Backbone Studies PCI 9.1.3 – Spanish Hydrogen Backbone Studies €32,521,202.07 9.1.4-FRES-S-M-24- H2Med.
The Danish Ministry of Climate, Energy and Utilities is proposing to “reduce the capacity booking requirement,” so the “first phase of the pipeline can proceed based on capacity from a single project.” Instead of waiting for multiple buyers to sign long-term agreements for the Esbjerg to Germany network, Energinet can move forward with the project if just one major.
Government funded climate research has had a heavy focus on “tactical research” intended to support a government narrative or justify climate policies. This research has produced a “veritable plethora” (HT: Howard Cosell) of scary potential future climate change scenarios. This research has relied upon ”adjusted” global temperature measurements.
The 2025 Argus Biomass Conference returns to the Queen Elizabeth II Centre in the heart of Central London on 1-3 April 2025 for the largest global gathering of biomass leaders. Join 450+ international pears and do not miss your opportunity to meet with global pellet producers, traders, utilities, heavy industries, and more to explore supply chain and pricing trends alongside new industrial.
The U.S. Senate in a 59-38 vote has confirmed Colorado-based oil and gas executive Chris Wright as secretary of the Dept. of Energy (DOE). Seven Democrats, including both Michael Bennet […] The post Oil and Gas Exec Wright Confirmed to Lead DOE appeared first on POWER Magazine.
For the past year, one of Wall Streets hottest trades has been betting on the energy boom fueled by artificial intelligence. Massive data centerssome consuming as much electricity as entire citieshave been expected to drive soaring demand for natural gas, oil, and electricity. Investors rushed to pile into stocks tied to energy infrastructure, convinced that AI would supercharge the industry for years to come.
Related News Bloomberg: Trump Bets Oil Suppliers’ Tariff Pain Will Mean Long-Term US Gains Summary President Trump's tariffs are pressuring Mexico and Canada into negotiations by hiking import costs for US producers of fuel and plastics. This has domestic drawbacks, with Midwest refineries facing higher feedstock costs from Canadian oil dependency, and coastal refineries seeking new suppliers.
February 3, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. We are committed to sharing the insights and knowledge that our team gathers to help you stay ahead in this dynamic sector. From mergers and acquisitions to regulatory changes and technological advancements, we cover all the key developments that impact the industry.
Washington has left chaos behind; mayhem now rules the nation's capital. I've never seen anything like it in my many years in politics. Trump is cleaning house – or at least trying to – and it's unlikely to end well for the US economy or the environment. At the same time, it may set off a constitutional crisis. It’s something I don’t say lightly.
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