Energy Transition

According to the organization in charge of the reliability of the United States power grids, a large portion of North America is at risk of insufficient electricity supplies during peak winter conditions. Higher peak demand projections, generator retirements, generator vulnerability to extreme weather, and fuel supply and natural gas infrastructure limitations are causing reliability concerns, …

NERC: The U.S. is at risk of running out of electricity this winter Read More »

The Environmental Protection Agency announced on Thursday that a troubled oil refinery in the US Virgin Islands will need a new Clean Air Act permit, which could cost its owners hundreds of millions of dollars and take three years or more to obtain. The idled St. Croix refinery, once the largest in the Western Hemisphere, …

No restart if no new Clean Air Act permit for St. Croix refinery Read More »

At the COP27 climate talks, an alliance committed to prohibiting new domestic oil and gas drilling welcomed Portugal as a member, but big fossil fuels producers stayed away as the world reeled from energy turmoil caused by the Ukraine war. Although none of its members have significant production, the Beyond Oil and Gas Alliance (BOGA) …

Big fossil fuel producers stay close to fossil frightened of the energy crisis Read More »

Germany is investing in LNG terminals as part of its efforts to diversify away from Russian gas. In May, it leased four floating storage and regasification units (FSRUs), each of which can import at least 5 billion cubic meters (bcm) of seaborne gas per year. The competition of first one was yesterday in Wilhelmshaven. Uniper …

What are Germany’s LNG import project plans? Read More »

Carlyle Group Inc, a private equity firm, has formed a unit to build solar and other renewable energy plants as part of a push to build infrastructure to address the global shift away from climate-warming fossil fuels. Carlyle did not say how much it expected to spend to reach the new unit’s target project pipeline …

‘We would rather build,’ says Carlyle, launching a European renewable energy developer Read More »

Egypt signed eight framework agreements on Tuesday to develop green hydrogen and ammonia projects, stating its goal of becoming a hydrogen production hub and capturing 5% of the global market by 2040. Green or clean hydrogen is created by splitting water from oxygen using electrolyzers powered by renewable energy. It is viewed as a potential …

Egypt signs framework agreements in its bid to establish a hydrogen industry Read More »

The European Union supports India’s call to phase down fossil fuel use as part of a COP27 agreement. This was said by the bloc’s climate policy chief Frans Timmermans. He added that the EU will give all support as long as it does not undermine previous agreements to reduce coal use. India prefers that countries …

COP27: The EU backs the call to phase out all fossil fuels Read More »

Supporters of nuclear energy, including politicians and activists, sought to improve the nuclear power industry’s tarnished image. They argue that atomic power is a safe and cost-effective way to world decarbonizing. Concerns about the rapid pace of climate change and tight power supplies around the world have softened some policymakers’ views on nuclear energy. This …

The nuclear power industry competes for a bigger role in world decarbonizing  Read More »