The annual evaluation of the utility sector illustrates executives’ concerns over grid modernization and its effect on the energy transition and decarbonization.
According to Statista, China’s Belt and Road Initiative (BRI) has created more than $1 trillion of investment in everything from energy to transportation in 148 countries.
Centrus Energy says it is the only Nuclear Regulatory Commission-licensed HALEU facility in the United States.
The Grand River Dam Authority (GRDA) hired Mitsubishi Power to build a natural gas facility in Oklahoma, which typifies the transition from coal to natural gas.
Bloomberg predicts that EVs will comprise half of all car sales in the United States in 2030. But that creates concerns about whether the transition and distribution system is fit enough to handle the increased traffic.
Russian natural gas exports sent via pipeline will fall by 21 billion cubic meters this year — a six-fold drop from 2021 — according to the Russian state bank.
Altogether, the Biden Administration wants to build seven hydrogen hubs to eliminate 25 million metric tons of CO2 each year — equal to removing 5.5 million gasoline-powered cars. It’s a $50 billion investment in clean energy that spans across multiple states.
Tellurian wants three more years to get its Louisiana-based Driftwood LNG plant online and its associated natural gas pipeline. It said it has to line up corporate contracts worldwide.
Wave energy is when generators are placed on the ocean’s surface, and the strength of the wave determines energy levels.
The demand for fossil fuels must fall by 25% by 2030 if the global community is to meet its targets under the Paris Climate Agreement. That’s what the International Energy Agency said, which notes oil and gas demand must drop by 80% by 2050. The IEA published its...