Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
First Solar spending $1.2 billion on US plants after climate law
| August 30, 2022 | Energy | Alternative
Mideast diesel floods Europe in taster of trading without Russia
| August 30, 2022 | Energy
N.J. gasoline tax to drop 1 cent on better-than-forecast demand
| August 29, 2022 | Energy | Intermodal | Trucking
2020 inflation-adjusted U.S. energy expenditures lowest since 2002
| August 29, 2022 | Energy
In 2020, the amount U.S. consumers spent on energy (energy expenditures) fell to $1 trillion, the least amount since 2002, according to our State Energy Data System (SEDS). U.S. energy expenditures are the total amount spent on all energy used in the residential, commercial, industrial, and transportation sectors combined. COVID-19 mitigation efforts and warmer weather contributed to a record 7% decrease in energy consumption between 2019 and 2020, and when combined with the 10% decrease in average energy prices during that period (when adjusted for inflation), U.S. energy expenditures also declined.
Iran may drain offshore oil cache if nuclear deal reached
| August 29, 2022 | Energy
Turkey posts record high trade deficit on rising energy costs
| August 29, 2022 | Energy | International Trade | Commodity
Trafigura sells Russian fuel to Ecuador as EU ban approaches
| August 29, 2022 | Energy
Britain hasn’t quite managed to kick its Russian diesel habit
| August 29, 2022 | Energy
France nears deal with Algeria for more natural gas imports
| August 28, 2022 | Energy
Biden administration urges fuel-export cuts to restock Northeast
VW’s trucking CEO sees electric rigs hauling timber in the cold
Plug Power surges on Amazon deal to supply green hydrogen
| August 25, 2022 | Energy | Alternative
Amazon.com Inc. agreed to buy enough carbon-free hydrogen from Plug Power Inc. to run 30,000 forklifts or 800 long-haul trucks annually in a push to use less fossil fuel. Plug’s shares surged.
Owners of coal-fired generating plants seek greater fuel flexibility
| August 25, 2022 | Energy | Conventional
The amount of electric power produced from coal has been steadily declining in the United States over the past 10 years, falling to a 46-year low of 773,393 gigawatthours (GWh) in 2020.
OPEC+ Deepens Support for Saudi Call to Weigh Supply Curbs
| August 25, 2022 | Energy | Conventional
TotalEnergies completes COSCO’s first bunkering of marine biofuel
| August 25, 2022 | Energy | Maritime | Liner Shipping
TotalEnergies Marine Fuels has successfully completed the first refuelling of a COSCO Shipping Lines containership with sustainable marine biofuel. This operation marks TotalEnergies’ first biofuel bunkering operation for a containership in Singapore.
Russian seaborne coal exports effectively halted by EU ban
| August 25, 2022 | Energy | Conventional
Port of Oakland takes major step on clean energy project
| August 24, 2022 | Energy | Alternative | Ports & Terminals | Ports
$2 million renewable energy infrastructure design approved for Oakland Seaport
Most U.S. fuel ethanol production capacity at the start of 2022 was in the Midwest
| August 24, 2022 | Energy | By The Numbers
As of January 1, 2022, biofuel plant production capacity in the United States reached 21 billion gallons per year (gal/y) from 275 facilities. More than four-fifths of U.S. biofuel production capacity was for fuel ethanol.
Inflation Reduction Act will attract an extra $270 billion in US wind and solar investments by 2030
| August 24, 2022 | Energy | Alternative | By The Numbers
The Inflation Reduction Act is set to boost installed solar and onshore wind capacity in the US by 40% by 2030, with an extra 155 gigawatts (GW) of capacity expected to come online this decade, Rystad Energy research shows.
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