The U.S. Energy Department on Jan. 26 announced a temporary pause on pending applications for the export of liquefied natural gas to non-Free Trade Agreement countries while it updates the criteria used to determine whether additional export authorizations are in the public interest. The U.S. is the global leader in LNG exports with 14 billion…...
The U.S. Environmental Protection Agency has issued permits allowing Wabash Carbon Services to build two wells for the injection and storage of carbon dioxide underground, one at a site in Vermillion County and the other at Vigo County, Indiana. The agency announced that the wells met the requirements for initial approval, including rigorous safety measures…...
States with big offshore wind ambitions are planning new strategies to recover the industry from economic challenges that have resulted in some major developers seeking to exit or revise their…Read the full report …...
States with big offshore wind ambitions are planning new strategies to recover the industry from economic challenges that have resulted in some major developers seeking to exit or revise their power purchase contracts.
The New Jersey Board of Public Utilities on Jan. 24 announced the award of two offshore wind projects totaling 3,742 megawatts in its third solicitation. This action is significant for the state’s offshore wind pursuit after Denmark-based Ørsted canceled its plans last November to develop two projects with a proposed capacity of 2.2 gigawatts off…...
U.S. crude oil production reached an all-time high in August 2023, according to a Jan. 23 report published by the U.S. Energy Information Administration. The increase in production can be attributed to higher output in Texas. The state has primarily been producing relatively dense crude oil throughout 2023. Oil production in Texas, which has remained…...
Russia’s coal trading dynamics have been significantly impacted by the country’s invasion of Ukraine and the consequent sanctions imposed by some nations. Russian coal imports to China, Turkiye, South Korea and India have increased significantly, while Russian coal imports to European countries declined following the sanctions, according to a report issued on Jan. 22 by…...
The average wholesale electricity price during 2024 across majority of the U.S. regions is projected to be similar or marginally lower than in 2023, according to the U.S. Energy Information Administration. The price forecast hinges on the assumption of relatively constant generation fuel costs. The agency acknowledges that temporary price hikes may occur in the…...
The growing interest in carbon capture and sequestration (CCS) projects driven by supportive policies and tax incentives has prompted state efforts to streamline permitting requirements, including securing primacy to regulate Class VI injection wells to sequester carbon dioxide. CCS involves the capture of carbon dioxide (CO2) emissions from power plants or industrial processes before they are released into the atmosphere for storage in subsurface geological formations.
The Bureau of Land Management on Jan. 17 issued a draft analysis of an update to its 2012 Western Solar Plan, which guides responsible solar energy development on public lands. The program currently includes six states — Arizona, California, Colorado, Nevada, New Mexico and Utah — with high solar potential and low resource conflicts to…...