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OilPrice.com: Hydrogen, produced without carbon emissions, will find use in many sectors of a future ‘hydrogen economy.’ Its high energy intensity can make it the basis of fuels that reduce carbon emissions in the ‘hard to abate’ transportation and industrial sectors. Its unmatched capacity to store energy long term and seasonally should make it an […]
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Houston Chronicle ($): The worst nightmare of the oil and gas industry has come true: environmental groups are using satellites to observe and report greenhouse gas emissions from their well pads. The Environmental Defense Fund, Harvard University, Georgia Tech and the SRON Netherlands Institute for Space Research used a European Space Agency detector to take […]
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The Australian Financial Review: Asian lenders’ support for Australian coal miners could dry up if local banks are not willing to participate in lending syndicates, according to the NSW coal miner that narrowly avoided a debt default last year. Centennial Coal supplies the feedstock for 30 per cent of NSW’s coal-fired electricity but said the […]
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Arab News: Saudi Arabia’s ACWA Power has struck a deal to build the largest wind power plant of its kind in Central Asia and one of the largest in the world. The plant has a production capacity of 1500 MW in Karakalpakstan, in the northwest of Uzbekistan “ACWA Power now produces about 42 gigawatts of […]
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Vietnam Investment Review: Ørsted, a Danish majority state-owned energy company has announced its office opening in Vietnam with the goal of contributing to Vietnam’s green energy transition alongside local partners. It also committed to building a local team to explore promising investment opportunities around the country. Ørsted is also working diligently with government authorities and […]
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S&P Global Platts ($): US President Joe Biden’s first 100 days have brought a shift at a key independent regulator with oversight over energy markets and interstate gas pipelines, thrusting a Democrat with a strong interest in climate into a leadership position. Federal Energy Regulatory Commission Chairman Richard Glick has sought to smooth tensions with […]
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The Texas Tribune: An updated analysis of February’s Texas power crisis by experts at the Electric Reliability Council of Texas shows that lost wind power generation was a small component of the huge losses in electric generation that plunged much of the state into darkness during the severe cold weather. While Texas Republicans were quick […]
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The Guardian: The Victorian government has promised to cut the state’s greenhouse gas emissions by 50% by 2030, in an announcement of long-awaited climate targets that outstrip commitments made by the Morrison government. The plan, announced on Sunday, will see Victoria power all government-owned enterprises, including schools and hospitals, by renewables by 2025. The plan […]
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The Economic Times: Thermal power plants are finding it difficult to obtain reinsurance cover in international markets as global giants tighten their environment, social and governance (ESG) policies. This has created capacity constraints for insuring coal-fired power projects, which are too big for the balance sheets of domestic insurers. Most of the reinsurance markets in […]
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OilPrice.com: The collapse of the Soviet Union was a geopolitical victory for the United States and a disaster for Russia which suffered politically, economically, and socially. Although citizens enjoyed more individual freedoms, the quality of life decreased substantially as state institutions collapsed and basic services disappeared. In the early 2000s, Moscow started exerting more influence […]
IEEFA: Carbon capture goals miss the mark at Boundary Dam 3 coal plant
Carbon capture at SaskPower’s Boundary Dam 3 facility falls far short of projectionsApril 20, 2021 (IEEFA) — An announcement by a Canadian power company that it’s met carbon capture goals shouldn’t be taken at face value, according to a briefing note released today by the Institute for Energy Economics and Financial Analysis. SaskPower, the operator of the Boundary Dam 3 coal plant, said March 31 that its […]