The hydrogen design can be used for grid-scale blending with natural gas pipelines, blending existing or new power-generating facilities and energy-storage injection into salt caverns and above-ground storage tanks

Removing this specific tax measure could generate US$13bn over 10 years. Overall, eliminating fossil fuel subsidies could increase government receipts by US$35bn over 10 years.

President Biden’s American Jobs Plan proposes pumping $2.3 trillion into a slew of sectors over the next eight years.

Iran has insisted that the US drop all the sanctions it unilaterally imposed after withdrawing from the deal in 2018, while US officials have maintained that Iranian nuclear violations of the agreement must be rectified first.

TAE Technologies, the California, USA-based fusion energy technology company, has announced that its proprietary beam-driven field-reversed configuration (FRC) plasma generator has produced stable plasma at over 50 million degrees Celsius.

The answer lies, at least in part, in focusing on grid modernization, including the expansion of transmission capacity, increased use of energy storage systems, microgrids and digital solutions, and the adoption of a more coordinated national policy to make this possible.

U.S. Rig Count is up 2 from last week at 432, Canada Rig Count is down 11 from last week to 58

The new group, Sustainable Energy Group (SEG), will combine Energy & Resources (E&R) and Power & Renewables (P&R) groups and have about $18 billion in assets.

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $71.1 billion in February, up $3.3 billion from $67.8 billion in January, revised.

U.S. commercial crude oil inventories decreased by 3.5 million barrels to 498.3 million barrels.

Iran met in Vienna with the remaining signatories of the deal – the EU, UK, France, Russia, China and Germany. While the US was also in Vienna, it did not participate directly in those talks but met separately with the deal signatories in a different part of the city.

The Xe-100 is an 80 MWe (scalable to a 320 MWe four-pack) high-temperature gas cooled reactor which uses TRISO (tristructural isotropic) particle fuel.

Iranian crude production has risen in recent months, hitting 2.14 million b/d in February, a 190,000 b/d increase from a 33-year low of 1.95 million b/d in August.

The United Arab Emirates and the US announced their joint commitment to tackle the climate challenge in a joint statement that stresses the importance and urgency of raising global climate ambition.

Total nonfarm payroll employment rose by 916,000 in March, and the unemployment rate edged down to 6.0 percent,