The U.S. Energy Department has released the first of three assessments on pathways to clean hydrogen production under its Hydrogen Shots initiative, which aims to lower the cost of clean hydrogen by 80 percent to $1 per kilogram by 2031. The report focuses on pathways to reach the goal through thermal conversion, a process that…...
Natural gas storage stocks in the Lower 48 United States will commence the winter heating season with the highest level of gas in storage since 2020, according to a Dec.7 report published by the U.S. Energy Information Administration. The U.S. has five percent higher stocks entering the winter period compared to the previous five-year average…...
Associated natural gas production from the highest three yielding tight oil plays in the Permian region (Wolfcamp, Spraberry and Bone Spring) averaged a total of 13.7 billion cubic feet per day (bcf/d) during the first seven months of 2023, nearly triple the production level of 4.7 Bcf/d in 2018, according to a Dec. 6 report…...
Fifty companies, representing over 40 percent of global oil production have committed to near-zero methane emissions and end routine flaring by 2030 under the Oil and Gas Decarbonization Charter (OGDC) launched at the 28th Conference of the Parties to the U.N. Framework Convention on Climate Change. The charter is part of series of initiatives launched…...
During the first half of this year, northbound crude oil flows through the Suez Canal and the SUMED pipeline rose by over 60 percent from 2020, due to an uptick in demand from Europe and the U.S. following the COVID-19 pandemic induced lows, according to a Dec. 4 report from the U.S. Energy Information Administration…....
The U.S. and 21 other countries from four continents have pledged to triple nuclear energy capacity globally by mid-century from 2020 levels at the 28th Conference of the Parties to the U.N. Framework Convention on Climate Change (COP28). The “Declaration to Triple Nuclear Energy,” unveiled on Dec. 2, recognizes the crucial role of nuclear energy…...
Grid operators and utilities across the U.S. have enhanced their winter preparation initiatives building on lessons learned from winter storms Uri and Elliott. Higher-than-average temperatures in the northern half of the U.S. are expected to…Read the full report …...
Grid operators and utilities across the U.S. have enhanced their winter preparation initiatives building on lessons learned from winter storms Uri and Elliott. Higher-than-average temperatures in the northern half of the U.S. are expected to lower electricity and natural gas demand, and all regions are projected to have adequate resources for a normal winter. However, extreme weather, such as a prolonged cold snap, continues to pose reliability risks to the grid.
The New York State Energy Research and Development Authority on Nov. 30 announced the launch of the state’s fourth offshore wind solicitation as part of a 10-point action plan issued in October to support the growing large-scale renewable industry. The action plan outlines a comprehensive set of actions being taken to lay the foundation for…...
The U.S. Energy Department on Nov. 27 announced $275 million in grant selections for seven projects to strengthen clean energy supply chains and revitalize communities impacted by coal mine or coal power plant closures. The projects will leverage over $600 million in private sector investments in small- and medium-sized manufacturers and create nearly 1,500 jobs…....
