Renewables

The U.S. Department of Energy (DOE) may consider a grid system that sources locally produced energy for regions, otherwise known as energysheds, as indicated by its latest request for information (RFI).  Unlike an energyshed, the current energy transmission system can carry voltage produced at a power plant to its final destination over about 300 miles.…

The latest directive by Texas Gov. Greg Abbott aimed at ensuring electric reliability appears to be once again pitting proponents of fossil fuels against those who see renewables as an integral part of the energy landscape. In a letter sent to the Texas Public Utility Commission (PUC) last week, Abbott said the objective of the…

“Companies that have joined the Mexican Hydrogen Association consider that there is large potential for green hydrogen development in Mexico, particularly given the country’s geographic location and access to abundant renewable energy sources,” Israel Hurtado, president of the Mexican Hydrogen Association, told NGI’s Mexico Gas Price Index. “Members of the industry are looking at green hydrogen…

Wind, solar and natural gas have the brightest future in Asia Pacific power generation, although coal is not going anywhere soon, according to experts at Wood Mackenzie. “Asia Pacific power generation investments are leading the world and expected to hit $2.4 trillion in the current decade, with renewables accounting for over half, or $1.3 trillion…

With New York City aiming by 2040 to achieve net-zero electricity emissions, along with using 100% renewables and a ban on fossil fuel use in all new buildings, the Big Apple’s largest utility, Consolidated Edison Inc. (ConEd), has begun to make big adjustments, CEO Timothy Cawley said Tuesday. Our Energy Policy, an energy issues nonprofit,…

Nine out of 10 power and utility executives say their organizations lack enough technology-savvy employees needed to keep pace with an ongoing digital revolution across the industry, the results of a 2021 global survey show. The survey, conducted for Ernst & Young LLP (EY), found that 94% of the 159 executives polled said they need…

Global energy investments are set to rebound by nearly 10% this year to $1.9 trillion, reversing the 2020 decline, but the energy transition is moving more funds toward electricity and renewables and away from fossil fuels, according to the International Energy Agency (IEA). Researchers said investments are returning to pre-crisis levels, with a shift continuing…

Many of the liquefied natural gas (LNG) export facilities already under construction or in planning will not be needed in the future if the world is to reach net zero greenhouse gas emissions by 2050, the International Energy Agency said in a bombshell report this week. The world’s oil and gas needs in a net…

California Resources Corp. (CRC) in 1Q2021 reported red ink and a shift in focus to renewables and decarbonization, following its emergence from Chapter 11 bankruptcy last year. CRC drilled 17 wells with one drilling rig in place during the quarter, according to CEO Mark McFarland. He also said the anti-hydraulic fracturing move by California Gov.…