Oil Price U.S. natural gas-fired power generation jumped this week amid the lowest wind power output in 33 months seen on Monday while demand for cooling is rising in the summer. On July 22, wind power output in the Lower 48 states was at its lowest level in the country since October 4, 2021, per preliminary data from the U.S.
Oil Price The U.S. Environmental Protection Agency (EPA) has formally granted Louisiana state primacy in the permitting and regulation of carbon capture projects, in a setback for environmentalists who claim these projects are an excuse to approve more operations that emit more greenhouse gases. In most other U.S. states, EPA has the permitting authority for carbon capture wells and projects. Louisiana has
Plan includes gas generation capacity additions to be purchased, not built From Platts Plan includes 11 projects, 2,221 MW PPAs to be signed for 5 solar, 3 wind projects The Colorado Public Utilities Commission on Monday gave a preliminary nod to Xcel Energy’s $2.5 billion Colorado Energy Plan, which calls for phasing out 660 MW of coal-fired capacity, acquisition of
From Asia Times China is now the undisputed leader in renewable-energy manufacturing worldwide. Yet along the routes of its Belt and Road Initiative – the largest foreign-investment strategy in history – alternative-clean-energy projects pale in comparison with coal-fired power plants. This has led many commentators to question Beijing’s commitment to renewable energy beyond its borders, but enormous Chinese investments in
From Daily Energy Insider SCOTTSDALE, Ariz. – While details of studies conducted by the Electric Power Research Institute (EPRI) and the American Gas Association (AGA) on electrification differed, neither study found that natural gas would be eliminated completely in an increased electrification scenario, panelists at a utility regulation event said Monday. The panel at the National Association of Regulatory Utility
FS Investments (FS) and EIG Global Energy Partners (EIG) closed a transaction today, allowing EIG to manage FS Energy and Power Fund (FSEP). According to the company’s press release, FSEP will be the largest energy-focused business development company (BDC) in the marketplace with $4.3 billion in assets under management. “We are excited to enter the next phase of our partnership
Noble Energy, Inc. (ticker: NBL) has signed agreements to sell significant quantities of natural gas from the Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt. These agreements, one for natural gas from Leviathan and one for Tamar, each provide for total contract quantities of 1.15 trillion cubic feet of natural gas. The natural gas is
United States leans away from coal as natural gas powers up to 20 gigawatts in 2018 The EIA’s January 2018 Short-Term Energy Outlook (STEO) forecasted that natural gas will remain the primary source of U.S. electricity generation for at least the next two years. The share of total electricity supplied by natural gas-fired power plants is expected to average 33%
The changing face of energy: new jobs in the broad energy sector Powering the industrial base, fueling all modes of transportation including the nation’s food distribution system, and setting the table for national economic growth—filling jobs in the energy industry is critical to the future economic success of the U.S. Energy-related job openings are changing. New jobs are growing fast, and
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