Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
US electric power sector’s use of water continued its downward trend in 2020
| December 17, 2021 | Energy
The U.S. electric power sector’s cooling water withdrawals fell 10.5% from 53.1 trillion gallons in 2019 to 47.5 trillion gallons in 2020, continuing the downward trend in withdrawals. The decline has been driven by the increased use of renewable and natural gas-fired generation in place of coal-fired generation, as well as less use of once-through cooling technologies.
Oil at $100 by 2023 is on the table with inflation dueling Covid
| December 17, 2021 | Energy
French companies ‘crushed’ by power costs, says trade group
| December 17, 2021 | Energy | Alternative
China ramps up Iran oil purchases after getting new quotas
| December 17, 2021 | Energy
China teapots boost Iran oil imports after getting new quotas
| December 16, 2021 | Energy
US pushes EU to ready Russia sanctions on energy and banks
| December 16, 2021 | Energy | International Trade
Sea Sentinels: ‘Nowhere to hide’ for profit-driven shipowners under green recycling regime
| December 16, 2021 | Energy | Alternative | Maritime | Technology
Ørsted grows leadership team in New England, appoints Verdi as Senior Manager of Government Affairs and Policy
| December 16, 2021 | Energy | Alternative
Giant kites that drag cargo ships across oceans go on trial
China urges solar giants to fight against trade restrictions
US ‘cautiously optimistic’ Mexico will moderate energy bill
| December 15, 2021 | Energy
European gas prices surge on Nord Stream 2 concerns, create unusual imbalance with Asia - Rystad Energy
| December 15, 2021 | Energy | Conventional
Of the operating U.S. coal-fired power plants, 28% plan to retire by 2035
| 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.
US gas flaring hit a record low in September, driven by improvements in the Bakken and Permian
| 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.
Non-mining oil output in Canada’s top province hits all-time high, shaping its heaviest upstream mix in modern history
| 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
| December 14, 2021 | Energy | Alternative
Higher wages in China increase consumer demand but have a limited effect on energy use
| 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.
Next-gen energy proposal for S. Louisiana chosen as finalist in EDA’s Build Back Better Regional Challenge
| December 14, 2021 | Energy | Alternative
China tariffs failed to rejuvenate US solar PV makers as imports set for new records by the end of 2021 - Rystad Energy
| 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.
The Brent crude oil price decline on November 26 was among the largest in years
| 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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