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Tag: Featured


Commercialization, Conventional Fuels

Oil prices just had their best quarter in 30 years — what’s next?

July 1, 2020

Via: CNBC energy

Oil prices registered their best quarterly performance in 30 years during the three months through to the end of June, staging a dramatic comeback after falling to record lows in April. Brent crude futures skyrocketed more than 80% in the […]


Commercialization, Renewable Energy

Financing the transition: How banks are turning away from fossil fuels

June 30, 2020

Via: PV Resources

As renewable energy technologies have evolved over the years, they have become a compelling investment proposition. Global investments in new renewable power have grown from less than US$50 million a year in 2004, to around $US288 billion a year by […]


Commercialization, Conventional Fuels

Oil major Shell to write down up to $22 billion of assets in second quarter

June 30, 2020

Via: CNBC energy

Oil giant Royal Dutch Shell said on Tuesday it will write down the value of its assets by up to $22 billion in the second quarter, after revising down its long-term outlook for oil and gas prices. It comes after […]


News and Policies, State

Coal loses out to solar, wind and storage in Arizona utility plan

June 29, 2020

Via: PV Resources

Arizona utility Tucson Electric Power (TEP) has set out plans to provide 70% of its power from solar and wind by 2035, backed up with investment in new energy storage capacity. The utility last week filed its integrated resource plan […]


Mainstream technologies, News and Policies, Renewable Energy, U.S.

US Solar Plants Now Expected to Run for More than 30 Years: Berkeley Lab

June 29, 2020

Via: Greentech Media

Big solar plants are getting cheaper to run and expectations for their useful operational lives keep getting longer, according to a new survey of U.S. solar industry professionals. By the end of 2019, a cumulative total of 76 gigawatts of […]


News and Policies, U.S.

Amazon Pledges $2 Billion Climate Fund, As Its Carbon Emissions Grow

June 24, 2020

Via: Forbes

The U.S. public wants to see action on the climate front. A Pew poll released yesterday notes that 65% of respondents believe the government is doing too little to tackle climate change, while 73% (including 55% of Republicans) want governments […]


Emerging Technologies, Renewable Energy

Adding intelligent storage can boost solar project revenues by 50%, Stem claims

June 24, 2020

Via: PV Resources

Adding energy storage can boost solar PV project revenues by as much as 50% in the US state of Massachusetts, US developer Stem Inc has claimed. The storage provider made the claim while announcing the completion of a front-of-meter solar […]


News and Policies, State

Will New Jersey’s New Wind Port Be A Game Changer Or A Financial Boondoggle?

June 23, 2020

Via: Forbes

New Jersey Governor Phil Murphy announced last week that he has chosen a site along Delaware Bay in Salem County to become what is being called the New Jersey Wind Port, billed as the first port in the nation to […]


Commercialization, Conventional Fuels

Oil Rally Held Back By High Inventories, Coronavirus Fears

June 23, 2020

Via: Forbes

U.S. benchmark West Texas Intermediate (WTI) is over $40 a barrel, a price level it has struggled to surpass in the past. The uptick is the result of investor enthusiasm over the fact that global oil supply is still under […]


News and Policies, World

Europe’s Thinking Shifts on Supporting Renewables as Part of Green Recovery Package

June 22, 2020

Via: Greentech Media

The EU’s trillion-euro coronavirus recovery package may not support big renewable energy projects in the same way as initially expected. The EU is currently working through the details of a €1.85 trillion ($2.08 trillion) recovery package. Before the stimulus was […]


Energy Economics

The $3 Trillion Green Plan To Get The Economy Out Of Intensive Care

June 18, 2020

Via: Forbes

The International Energy Agency has outlined a $3 trillion plan to restart the global economy while cutting greenhouse gas emissions, saying that governments have a “once-in-a-lifetime opportunity” to create jobs while decarbonizing infrastructure. Released today, the IEA says its three-year […]


Chemical, Commercialization, Conventional Fuels

The Last Oil And Gas Cycle: Building The Future On Lessons From The Past

June 16, 2020

Via: Forbes

Oil and gas markets have always been volatile. Prices went up, prices went down — sometimes violently — and when they did, fortunes were made and lost. The industry learned to live with volatility, confident that when the market went […]


News and Policies, State

California To Fight Wildfires With Microgrids And Batteries

June 16, 2020

Via: Forbes

California’s energy regulators just laid the framework for utilities to develop localized microgrids with battery storage — a move that comes in the aftermath of the state’s wildfires that ravaged local economies and left consumers without power. Just how effective […]


Commercialization, Conventional Fuels

BP to write down up to $17.5 billion in second quarter, lowers oil price expectations to 2050

June 15, 2020

Via: CNBC energy

Energy giant BP announced Monday it had lowered its oil price expectations through to 2050, saying the aftermath of the coronavirus pandemic was likely to accelerate the transition to a lower carbon economy and energy system. The U.K.-headquartered oil and […]


Chemical, Conventional Fuels

EPA’s Attack On Science Will Allow More Pollution From Burning Coal And Oil

June 15, 2020

Via: Forbes

Here’s a neat political trick: if you want to introduce a new law, but you know people will hate it, give it a misleading, nice-sounding name. It’s surprising how well this works. Let me explain. The U.S. Environmental Protection Agency […]