Energy Transition
2023, February, 27, 09:55:00
U.S. CARBON MANAGEMENT INVESTMENT $2.52 BLN
The Biden-Harris Administration, through the U.S. Department of Energy (DOE), announced $2.52 billion in funding for two carbon management programs to catalyze investments in transformative carbon capture systems and carbon transport and storage technologies.
2023, February, 27, 09:50:00
U.S. ELECTRICITY CRISIS
The electricity industry won’t be able to deal with future demands if it remains on its present modest growth trajectory.
2023, February, 27, 09:45:00
U.S. COAL GENERATION PROBLEM
The early retirement of approximately 150GW of coal generating facilities creates another issue for the plant owners, most of which are electric utilities.
2023, February, 27, 09:40:00
GREEN ENERGY FOR THE RICH
Since 2000, the world has spent more than $5 trillion on green energy.
2023, February, 27, 09:30:00
AUSTRALIA'S COAL BAN
Australia’s energy minister has ruled out a ban on new coal mines as part of the country’s overhaul of climate policy.
2023, February, 15, 13:50:00
GLOBAL OIL GAS CHANGES
We can replace all crude oil with cellulosic biomass (corn stover, forest debris, etc.) liquid drop-in hydrocarbons if the conversion process uses massive external sources of heat and hydrogen.
2023, February, 15, 13:45:00
GLOBAL NUCLEAR POWER RISE
Many countries including China and India have developed aggressive nuclear development plans, as have Poland, the Czech Republic, the UK, the Netherlands, and even Ukraine to a lesser extent.
2023, February, 15, 13:40:00
GLOBAL ENERGY METAVERSE
Metaverse technology platforms are predicted to become a lucrative market – possibly up to $800 billion by 2024, according to a December 2021 Bloomberg report; this is a potentially large market.
2023, February, 15, 13:35:00
U.S. RENEWABLES GROWTH
Renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) provided nearly three-quarters (74.1%) of new utility-scale generating capacity in the U.S. last year.
2023, February, 10, 12:25:00
GLOBAL ELECTRICITY DEMAND UP
World electricity demand remained resilient in 2022 amid the global energy crisis triggered by Russia’s invasion of Ukraine. Demand rose by almost 2% compared with the 2.4% average growth rate seen over the period 2015-2019.
2023, February, 10, 12:15:00
U.S. FOUNDATION FOR ENERGY SECURITY AND INNOVATION (FESI)
The Foundation for Energy Security and Innovation (FESI) will support DOE to carry out its critical mission to ensure America's continued security and prosperity through transformative science and technology solutions.
2023, February, 8, 12:45:00
OIL PRICES 2023-24: $82 - $78
spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024.
2023, February, 8, 12:40:00
FRANCE'S, INDIA, UAE ENERGY COOPERATION
The UAE's Minister of Foreign Affairs and International Cooperation Abdullah bin Zayed Al Nahyan, France's Minister for Europe and Foreign Affairs Catherine Colonna and India's Minister of External Affairs Subrahmanyam Jaishankar agreed to establish a formal trilateral cooperation initiative last September
2023, February, 6, 12:40:00
CLEAN ENERGY STORAGE DIFFICULTIES
The high demand for lithium-ion batteries has translated into shortages of lithium along with shortages of other essential commodities like copper, aluminum, nickel and cobalt.
2023, February, 3, 11:15:00
BP: THE TRANSITION TO A LOW-CARBON WORLD
The transition to a low-carbon world requires a range of other energy sources and technologies, including low-carbon hydrogen, modern bioenergy, and carbon capture, use and storage.