Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.


US pushes EU to ready Russia sanctions on energy and banks

Bloomberg | December 16, 2021 | Energy | International Trade

Sea Sentinels: ‘Nowhere to hide’ for profit-driven shipowners under green recycling regime

AJOT | December 16, 2021 | Energy | Alternative | Maritime | Technology

Giant kites that drag cargo ships across oceans go on trial
Energy
Bloomberg | Top Story | December 16, 2021

Giant kites that drag cargo ships across oceans go on trial

Add ships being dragged along by giant kites to the list of things the industry is exploring in its quest to decarbonize.
China urges solar giants to fight against trade restrictions
Energy
Bloomberg | Top Story | December 15, 2021

China urges solar giants to fight against trade restrictions

China is urging solar companies to fight against trade policies from countries such as the U.S. and India that are creating challenges for the industry.
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Of the operating U.S. coal-fired power plants, 28% plan to retire by 2035

AJOT | December 15, 2021 | Energy | Conventional | By The Numbers

Although coal-fired power plants have no mandatory retirement age, power plant owners and operators have reported to EIA that they plan to retire 28%, or 59 gigawatts (GW), of the coal-fired capacity currently operating in the United States by 2035.

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US gas flaring hit a record low in September, driven by improvements in the Bakken and Permian

AJOT | December 15, 2021 | Energy | Conventional | By The Numbers

Onshore gas flaring in the US nosedived in the third quarter of 2021, falling to its lowest level since at least 2012*, a Rystad Energy analysis shows.

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Non-mining oil output in Canada’s top province hits all-time high, shaping its heaviest upstream mix in modern history

AJOT | December 15, 2021 | Energy | Conventional | By The Numbers

Oil production from non-mining processes in the Canadian province of Alberta hit an all-time high in October 2021, averaging 2.27 million barrels per day (bpd), marginally topping the previous record of 2.25 million bpd set in December 2019, a Rystad Energy report shows.

Shell acquires solar and energy storage developer Savion

AJOT | December 14, 2021 | Energy | Alternative

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Higher wages in China increase consumer demand but have a limited effect on energy use

AJOT | December 14, 2021 | Energy | Conventional

In the International Energy Outlook 2021 (IEO2021), Issues in Focus: Changes in Composition of Economic Growth in China, we compared the IEO2021 Reference case with the Higher China Wages case—a case in which we assumed that a smaller working-age population will result in a faster increase in wages through 2050.

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China tariffs failed to rejuvenate US solar PV makers as imports set for new records by the end of 2021 - Rystad Energy

AJOT | December 10, 2021 | Energy | Alternative | By The Numbers

Although the tariffs have indeed decimated direct shipments from China, they have been unsuccessful in decreasing overall US dependency on imports, which are set to hit a new annual record in 2021.

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The Brent crude oil price decline on November 26 was among the largest in years

AJOT | December 10, 2021 | Energy | Conventional | By The Numbers

The front-month futures price for Brent crude oil decreased by $9.50 per barrel, or nearly 12%, on November 26 after the World Health Organization designated the SARS-CoV-2 Omicron variant as a variant of concern. Daily Brent crude oil prices have fallen by at least 10% on only 8 days since 2000.

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WEB and Eagle LNG enter into landmark clean LNG supply agreement

AJOT | December 10, 2021 | Energy | Conventional

WEB and Eagle LNG energy deal is a catalyst for growth, prosperity and environmental improvement for Aruba

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Why it’s so hard for the solar industry to quit Xinjiang

Bloomberg | December 09, 2021 | Energy | Alternative

Nearly half the global supply for the raw material used to make solar panels is produced in the troubled Chinese region. 

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VARD wins new North Star contract for an additional SOV to operate on Dogger Bank Wind Farm

AJOT | December 09, 2021 | Energy | Alternative | Project / Heavy Lift | Maritime Project

VARD, one of the world’s major designers and shipbuilders of specialized vessels, is pleased to announce that it has secured a new contract for the design and construction of one Service Operation Vessels (SOV) for North Star Group in the UK. The vessel of VARD 4 12 design will be the fourth SOV to be delivered from VARD to North Star for operation on the Dogger Bank Wind Farm in the North Sea.

WinGD outlines simple steps to decarbonize deep-sea shipping

AJOT | December 09, 2021 | Energy | Alternative | Maritime | Technology

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US trade agency urges Biden to extend Trump’s solar tariffs

Bloomberg | December 09, 2021 | Energy | Alternative | International Trade

A U.S. trade agency is recommending that President Joe Biden should extend Trump-era tariffs on imported solar components.

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