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US Unveils Proposed Guidance for Clean Electricity Credits
Clean energy generation projects, including nuclear and geothermal, will be part of the Clean Electricity investment and production tax credits, which replaces the IRA’s investment and production tax credits.
Glenfarne Seeks Five More Years to Build Texas LNG Export Plant
Glenfarne said in its FERC filing that the project was delayed due to "extenuating circumstances outside of Texas LNG's control."
Pioneer Energy Awarded $10MM by DOE to Cut Flaring
The U.S. Department of Energy grant for Pioneer’s new well pad processing technology will help eliminate routine flaring and emissions from oil and gas production sites.
US Weighs Additional Sanction Steps as Russia Shifts War Footing, White House Says
Russia-China trade has dropped since U.S. President Joe Biden had expanded Treasury's ability to target financial institutions, adding authorities may expand further.
Challenges to Funding Rapid Deployment of Energy Transition Technology
Enormous capital investments are needed to meet these public policy and societal goals according to the International Energy Agency (IEA), global investment in clean energy technology needs to be $4.5 trillion by the early 2030s if the Paris Agreement’s 2050 net-zero target is going to be reached.
Energy Transition in Motion (Week of May 24, 2024)
Here is a look at some of this week’s renewable energy news, including a ‘breakthrough’ for enhanced geothermal systems.
Analyst: Energy Companies Should Prepare for Tighter Methane Regulations
Regardless of election’s outcome, investors will take emission reduction plans into consideration.
SEC Climate Rule: The Devil's in the Lack of Details
The Securities and Exchange Commission’s climate disclosure rules requires companies to report a lot of information — from greenhouse-gas emissions to potential weather impacts that could have a material business impact. But the devil’s in the lack of details.
Despite Sanctions Russia Still World’s Fourth Largest LNG Exporter
Russia ranked as the world’s fourth-largest LNG exporter in 2023, sending out cargoes of 30 mtpa. Russia’s LNG capacity could surpass 74 mtpa capacity by 2030, according to details published by Flex LNG.
Mexico Presidential Frontrunner Likely to Continue Reliance on US Gas
Mexico’s leading presidential candidate Claudia Sheinbaum is likely to continue with the current policies of Mexican President AMLO, likely meaning a continued reliance of U.S. imported piped-gas.