Vanguard Renewables, a renewable natural gas (RNG) producer with projects across New England, said it has been acquired by BlackRock Real Assets. A source familiar with the deal told NGI that BlackRock purchased the RNG producer from Vision Ridge Partners for $700 million. The investment could help Vanguard Renewables develop its plans to bring more…
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CPUC Explores Handing Customers Demand Response-based Prices
California commissioners last week approved a ruling that opens the door for programs that would allow utility customers to adjust their electricity use in response to price signals. In late June, the Energy Division (ED) of the California Public Utilities Commission (CPUC) recommended in a white paper that the commission take on policies that promote…
West Virginia Researchers Eye Hydrogen-Friendly Natural Gas Turbines
Researchers at West Virginia University (WVU) are developing technology to keep natural gas turbines at large-scale power plants intact when using hydrogen to generate electricity. “In West Virginia, we have access to natural gas,” said WVU’s Xingbo Liu, mechanical and aerospace engineering professor. “We are sitting in one of three major gas fields, the Marcellus…
Equinor Acquires US Battery Storage Firm with 4.1 GW Project Pipeline
Norway’s Equinor ASA has signed a deal to acquire U.S. battery storage developer East Point Energy LLC. Charlottesville, VA-based East Point has a 4.1 GW pipeline of early to mid-stage battery storage projects focused on the East Coast, and is eyeing additional growth opportunities, Equinor said. “The acquisition of East Point Energy represents Equinor’s entry…
Energy Storage Startup Makes Headway with Carbon Battery Technology
With the completion of its last de-risking phase in early June, Milan-based energy storage company Energy Dome SpA said its carbon dioxide (CO2) battery is set to hit the market. “Our breakthrough technology, the CO2 Battery, is now commercially available to make cost-effective renewable energy dispatchable on a global scale,” said Energy Dome CEO Claudio…
GHG Tracking Positions U.S. to Catch Up In World’s EV Race, Say Feds
As U.S. consumers warm to the prospect of purchasing a battery-powered electric vehicle (BEV), the Biden administration said it may propose a system that would push states and municipalities to reduce transportation-related greenhouse gas (GHG) emissions. Earlier this month, the U.S. Department of Transportation’s (DOT) Federal Highway Administration (FHWA) announced a notice of proposed rulemaking…
ConocoPhillips, Devon and Pioneer Natural Throw Support to Global Methane Initiative
Three of the largest Lower 48 producers have joined worldwide oil and gas peers in pledging to improve methane emissions reporting and reduce greenhouse gas (GHG) emissions. ConocoPhillips, Devon Energy Corp. and Pioneer Natural Resources Co. announced Thursday they were becoming members of the Oil and Gas Methane Partnership (OGMP) 2.0 Initiative. The OGMP standard…
Papua New Guinea Deploying Offshore LNG Power Solution in Electrification Push
Singapore-based equipment and solutions provider Twenty20 Energy plans to roll out an offshore natural gas power solution across 12 locations in Papua New Guinea as the nation seeks to electrify communities that lack access to power. The Power Island Floating Storage Regasification and Power (FSRP) solution includes power generators and regasification equipment, fuel barges and…
DC Set to Raise Bar for Natural Gas with Proposed Ban in New Construction
Joining other major municipalities across the country, the Washington, DC, City Council has unanimously voted to ban the use of fossil fuels, including natural gas, in new construction by the end of 2026. Bill 24-420 (B24-420), aka the Clean Energy DC Building Code Amendment Act of 2022, would require the mayor, currently Muriel Bowser, to…
CNX Looking to Capture Methane from Appalachia Operations for Biodegradable Plastic
Appalachian pure-play CNX Resources Corp. has signed a 15-year deal with a California-based technology company to capture methane to manufacture a biodegradable polymer. CNX, which develops unconventional natural gas and coalbed methane assets throughout the Appalachian Basin, would capture the methane from coal mines and other third-party industrial operations for Newlight Technologies Inc. Newlight has…