Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
EV sales collapse as subsidies and tax credits come to an abrupt halt
| March 01, 2023 | Energy | Alternative | Green Shipping
The global electric vehicle (EV) market is reeling from one of the most dramatic collapses in monthly sales to date, with Rystad Energy research showing that only 672,000 units were sold in January, almost half of December 2022 sales and a mere 3% year-on-year increase over January 2022. The EV market share among all passenger car sales also tumbled to 14% in January, well down on the 23% seen in December.
U.S. simple-cycle natural gas turbines operated at record highs in summer 2022
| March 01, 2023 | Energy
The average monthly capacity factor for simple-cycle, natural gas turbine (SCGT) power plants in the United States has grown annually since 2020. Average capacity factors surpassed 20% for two consecutive summer months in 2022—the first time on record—to meet peak electricity demand, based on data from our Electric Power Monthly.
Saudi Aramco eyes stake in foreign LNG plant as demand for fuel surges
| March 01, 2023 | Energy
Big gas slams Australia plan to strengthen rules on export curbs
| March 01, 2023 | Energy
Tesla to import EVs into Malaysia, set up charging network
| March 01, 2023 | Energy | Alternative | Green Shipping | International Trade
Malaysia approved Tesla Inc.’s application to import battery electric vehicles into the Southeast Asian nation, according to the Trade Ministry.
Russian diesel stuck at sea as mild temps fend off energy crisis
| February 28, 2023 | Energy
A pile-up of Russian diesel stored on ships suggests buyers are shunning the sanctioned fuel as an exceptionally warm winter saps demand.
China’s used cooking oil is starting to clean up dirty US diesel
| February 28, 2023 | Energy | Trucking
China’s used cooking oil is starting to help US trucks run cleaner — and that’s even after it has traveled halfway around the world.
DSV participates in research project to electrify road freight
| February 28, 2023 | Energy | Alternative | Green Shipping | Trucking
One day, it might be possible for trucks to charge while driving, using an overhead contact line. In Frankfurt, Germany, DSV is participating in a research project working to test and establish an eHighway that could enable fully electric long-distance road freight.
Tevva partners with Ecobat for first-life battery management
| February 28, 2023 | Energy | Alternative | Green Shipping | Trucking
Partnership starts with 12-month pilot for battery handling and repair with opportunity to expand into repurposing and recycling
Sanctions headache threatens to dent India’s Russian oil imports
| February 28, 2023 | Energy
Anika Digital Holdings undergoes full company rebranding to Anika Green Energy
| February 28, 2023 | Energy | Alternative | Green Shipping
Woodward develop new injection systems to support industry’s transition to new fuels
| February 28, 2023 | Energy | Alternative | Trucking
Leading engine injection system manufacturer Woodward, has announced it is developing a comprehensive new range of injection systems applicable for new and future fuel powered engines including methanol and ammonia.
Campaign targets emissions tampering practices and proposed policies that facilitate them
| February 28, 2023 | Energy | Trucking
A nationwide outreach and education campaign is underway to discourage tampering with diesel engines, as well as to educate lawmakers about the proposed state legislative policies and practices that may actually encourage it, thanks to the Diesel Technology Forum (DTF).
EIA: Today’s diesel prices
| February 28, 2023 | Energy
Russian oil exports resilient despite full force of Western bans
| February 28, 2023 | Energy
Shell and Hapag-Lloyd collaborate on marine fuel decarbonisation and sign multi-year LNG supply agreement
| February 27, 2023 | Energy | Maritime | Liner Shipping
Shell Western LNG B.V (Shell) and Hapag-Lloyd today announced the signing of a multi-year agreement for the supply of liquefied natural gas (LNG) to Hapag-Lloyd’s ultra large dual-fuel container vessels of 23,500+ twenty-foot equivalent units (TEU). Bunkering for these twelve new vessels is expected to commence during the second half of 2023 and LNG will be supplied in the Port of Rotterdam.
Europe banks on its €72 billion to counter Biden’s green payouts
| February 27, 2023 | Energy | Alternative | Green Shipping
Europe’s initial anger at President Joe Biden’s massive green subsidy plan has waned in light of assessments that rank EU incentives to boost clean technology as equal to or surpassing some of the benefits offered in the US law.
Port of Victoria seeks to expand green energy in the crossroads with Portside Energy Center
| February 27, 2023 | Energy | Alternative | Green Shipping | Ports & Terminals
Electricity production costs rose with fuel costs in 2021, delivery cost remained elevated
| February 27, 2023 | Energy
After adjusting for inflation, costs for major U.S. utilities to produce electricity rose 6% in 2021 as a result of rising fuel costs. For a number of years, electricity production costs had declined as natural gas prices fell and new low-cost renewable generators came online. The cost to deliver electricity across transmission and distribution lines increased 12% in 2020 and remained steady in 2021.
EV charging supplier sees US raising costs by cutting off China
| February 27, 2023 | Energy | Alternative | Green Shipping | International Trade
Zerova’s manufacturing costs in America are as much as 80% higher versus Asia.
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