U.S.
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History
THE BIG PICTURE: A Gas Trade Transformation (Infographic)
According to the International Energy Agency, global natural gas trade has grown by more than 40% over the past 15 years. Over the next five years, current trade flows are expected to significantly diversify, boosted by development of liquefied natural gas (LNG) infrastructure. LNG trade, which grew by 11% in 2017 to 391 billion cubic […]
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Gas
Siemens Plans Temporary Shutdown of Power & Gas Division
Siemens, one of the world’s largest turbine manufacturers, said it plans to temporarily shut its Power & Gas (PG) division operations worldwide in an effort to cut costs. The Germany-based energy giant in a May 7 news release said, “The shutdowns are part of a comprehensive package of measures, which also includes issues such as […]
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Legal & Regulatory
Offshore Wind Surge Threatens Merchant Generator Profits
Two recent project announcements indicate that the U.S. offshore wind sector is burgeoning, bolstered by falling prices and ramped-up political support. A credit ratings agency warns, however, that the sector’s growth could increasingly pressure profit margins of merchant generators in New England, New York, and New Jersey. On March 14, Danish offshore giant Ørsted and […]
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Renewables
Report: Clean Energy Investments Hit $333.5 Billion in 2017
Though some countries, including the U.S., have moved to support coal-fired power generation over the past year, investments in renewable energy continued to rise, according to a new report from Bloomberg New Energy Finance (BNEF). The research group on January 16 said global investment in clean energy such as wind and solar reached about $333.5 […]
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Legal & Regulatory
The Big Picture: Energy Transitions [INFOGRAPHIC]
An energy transition is underway across the world. Market upheaval, defining events, and recent policy changes have accelerated a shift away from coal toward renewables. Here is how this transformation played out for some of the world’s major economies over the past decade. Graphs show percent of each fuel source of total generation for that […]
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O&M
Who Has the World’s Most Efficient Coal Power Plant Fleet?
A comparison of coal power plant fleets from China, the European Union (EU), Japan, and the U.S. by the International Energy Agency’s (IEA’s) Clean Coal Centre yields surprising insights into efforts these
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Renewables
Growth of Solar Power in China Offers Lessons for U.S., Study Says
The U.S. should capitalize on China’s formidable experience to put its own domestic solar power sector on a more “economically sensible” path, researchers from Stanford University said in a new report. The March 21–released report, “The New Solar System,” which was funded by a research grant from the U.S. Department of Energy (DOE), offers a […]
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Climate change
U.S. and Canada Join Forces to Battle Cyberattacks on Electric Grid
A joint strategy released by the governments of the U.S. and Canada to thwart the growing threat of cyberattacks on the electric grid sets three priorities that the countries said would be critical to preserving energy and national security. The “Joint United States-Canada Electric Grid Security and Resilience Strategy,” released on December 15, outlines three […]
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Legal & Regulatory
U.S. and Canada Follow Different Climate Policy Paths—Does One Offer a Competitive Advantage?
Although the U.S. and Canada are both aiming for similar greenhouse gas (GHG) emissions reductions, the two countries are embarking on decidedly different approaches to reaching their goals, according to a report released on August 23. IHS Markit—a company that provides information, analytics, and solutions to customers in business, finance, and government—developed the report, titled […]
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Renewables
Carbon Emissions from Natural Gas to Exceed Coal’s in 2016
By the end of this year, energy-related carbon dioxide (CO2) emissions from natural gas could surpass emissions from coal for the first time in nearly 45 years, according to projections by the Energy Information Administration (EIA). The EIA’s latest Short-Term Energy Outlook notes that consumption of natural gas in the U.S. between 1990 and 2005 […]