Energy

Electrification of Upstream Oil and Gas Facilities Could Reduce Production Emissions by Over 80%, Report Finds

Electrification of Upstream Oil and Gas Facilities Could Reduce Production Emissions by Over 80%, Report Finds

According to a new report by Rystad Energy, converting production facilities for upstream oil and gas so that they are powered by electricity fueled by renewable sources or natural gas that would have otherwise been burned and flared could eliminate more than 80 percent of the sector’s associated emissions. In the Norwegian Continental Shelf, oil […]

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    Great Britain Generates More Than 80% of Summer Electricity From Renewables

    Great Britain Generates More Than 80% of Summer Electricity From Renewables

    Great Britain just had its greenest summer on record, with less than one-fifth of electricity coming from non-renewable sources, according to data commissioned by The Guardian. The record comes after the UK’s now-annual Contracts for Difference (CfD) event — a government-funded auction that provides clean energy subsidies for renewable and clean energy efforts — which […]

    Biden-Harris Admin to Invest $7.3B in Rural Clean Energy Projects Across 23 States

    Biden-Harris Admin to Invest $7.3B in Rural Clean Energy Projects Across 23 States

    On a visit to Wisconsin Thursday, President Joe Biden announced $7.3 billion in financing for 16 rural clean energy projects to be directed by rural electric cooperatives through the Empowering Rural America (New ERA) program. The combination of New ERA and other Inflation Reduction Act-funded rural green energy projects comprise the biggest rural electrification investment […]

    Volvo Does U-Turn on Target of 100% EVs by 2030

    Volvo Does U-Turn on Target of 100% EVs by 2030

    Volvo Cars has scrapped its goal of selling only electric vehicles (EVs) by 2030, as demand for battery-powered vehicles falls. The Swedish carmaker said it is now aiming for “90 to 100 per cent of its global sales volume by 2030 to consist of electrified cars,” including a combination of EVs and plug-in hybrids, reported […]

    Biden-Harris Admin Announces More Efficient Approvals for Solar Developments on Western Public Lands

    Biden-Harris Admin Announces More Efficient Approvals for Solar Developments on Western Public Lands

    The Biden-Harris administration announced on Thursday the finalization of a plan for solar energy expansion on federal lands in the Western states of Arizona, Nevada, California, New Mexico, Utah, Colorado, Montana, Wyoming, Idaho, Oregon and Washington. As part of President Joe Biden’s Investing in America agenda and a wider plan to decarbonize the power sector […]