Tag: gas

March 2, 2023

Think about oil and gas companies and climate change and chances are you’ll think dark thoughts. It’s true Exxon Mobil had remarkably detailed knowledge of global warming in the 1970s. Some seeded doubt by funding climate denier organizations and scientists […]

August 25, 2022

The U.S. Energy Information Administration (EIA) reported that electricity generated by natural gas–fired power plants in the lower 48 states reached 6.37 TWh on July 21, setting a new record high for a day. In fact, the previous high, set […]

May 25, 2022

Chile holds itself out as a global leader on climate change. Nearly 22% of Chile’s electricity is generated by solar and wind farms, putting it far ahead of both the global average, 10%, and the United States, at 13%. It […]

December 14, 2021

Recent reports from groups analyzing U.S. power generation note how states near the nation’s largest shale plays are expected to bring significant new natural gas-fired generation online over the next few years, despite concerns about recent market volatility that sent […]

December 9, 2021

Despite exacting a heavy environmental and financial toll, routine flaring remains a persistent practice in the oil and gas sector. This gas could be captured and used for productive purposes, but a lot of it simply isn’t. While flaring levels […]

November 17, 2021

A site at PacifiCorp’s retiring 600-MW coal and gas–fired Naughton Power Plant in Kemmerer, Wyoming, will house the Natrium demonstration, a pioneering commercial-scale 500-MW project that will pair a 345-MW sodium-cooled fast reactor with a molten salt-based energy storage system. […]

June 16, 2021

GE will supply a 50-Hz F-class gas turbine that is capable of combusting natural gas and hydrogen-blended fuels at EnergyAustralia’s 316-MW Tallawarra B Power Station in New South Wales (NSW), Australia, in a project that will demonstrate how the coal-rich […]

May 24, 2021

A troubling story recently emerged about a group of gas utilities whose mission is to fight electrification. While the leaked materials alone don’t explain the full extent of the group’s efforts, it was unsettling to see baseless, fear-driven tactics such […]

April 22, 2021

The European Union’s (EU’s) much-watched Taxonomy Climate Delegated Act—the world’s first “green list”—unveiled by the European Commission (EC) on April 21 qualifies several power producing sectors in its technical screening criteria for sustainable investment decisions. However, it delays controversial decisions […]

April 22, 2021

Ocergy Inc., a company developing a couple of new offshore wind energy solutions, announced last week that Chevron Technology Ventures and Moreld Ocean Wind (MOW) were investing in its Series A round of funding. The money is expected to help […]

March 15, 2021

A big-time fossil fuels player is jumping into the energy transition in a bolder, more focused way. Kinder Morgan Inc. has formed a new Energy Transition Ventures group to identify and pursue commercial opportunities within the low-carbon sector. The company […]

January 14, 2021

The Montgomery County Power Station, a two-unit 993-MW natural gas-fired combined cycle plant, achieved commercial operation on Jan. 1, Entergy Texas Inc. and McDermott International Ltd. reported on Jan. 13. The plant—located at Entergy’s existing Lewis Creek site near Willis, […]

December 18, 2020

This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. These interactive presentations […]

October 20, 2020

The European Commission’s strategy document adopted on October 14th reemphasised the importance of the EU’s aim to be ‘climate neutral,’ or a net zero emitter, and therefore to focus on methane emissions. As earlier noted by insiders, the lack of […]

August 31, 2020

A new study of 3,000 power companies across the globe has found that only a handful have been cutting their fossil fuel capacity over the last two decades. Much of the new renewable capacity being built around the world is […]

June 5, 2020

Fossil fuel companies are set to face “terminal decline” because of falling demand and higher investment risks caused by competition from clean technologies and tougher government climate and energy security targets, according to climate finance analysts. The value of oil, […]

May 8, 2020

Good news is on the horizon for U.S. natural gas despite the market challenges brought on by the COVID-19 pandemic, according to experts from the Baker Institute for Energy Studies. The center approached the future of the global natural gas […]

January 28, 2020

“Renewable power sources are reducing the need for large and efficient high-power generators,” said Wilmer Zhou, Senior Analyst, Manufacturing Technology, at IHS Markit Technology. “However, renewable power sources are not reliable for constant power generation. Because of this, they require […]

October 24, 2019

A gasoline tax by any other name is still a tax on gasoline, isn’t it? That’s the question the governors of a dozen Northeastern states are attempting to avoid by implementing what is effectively a new gas tax on consumers […]

September 18, 2019

DNV GL’s 2019 Energy Transition Outlook provides an independent forecast of developments in the world energy mix to 2050. By this time, gas will account for nearly 30% of the global energy supply, providing the world with a base of […]