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New Energies
Altus Power Acquires 8.5-MW Solar Array
Altus Power’s new solar array project in New Jersey is expected to produce over 8 million kWh in the next 12 months.
Enbridge, Six Nations Partner to Advance Canadian Wind Project
The Seven Stars Energy project is expected to produce 200 megawatts of emissions free power, enough to supply energy to 100,000 Saskatchewan homes annually.
IEA: EV Growth Could Displace Up to 12 MMbbl/d by 2035
The Paris-based IEA says up to 12 MMbbl/d of oil demand could be displaced by 2035 due to the rapid uptick in electric vehicle usage globally—especially in the U.S., EU and China.
Heirloom Makes Plans for Two DAC Facilities in Louisiana
Heirloom Carbon Technologies expects the facilities, located at the Port of Caddo-Bossier in northwest Louisiana, to remove about 17,000 tons of CO2 from the atmosphere starting in 2026.
Exxon Taps Air Liquide for Largest Low-carbon Hydrogen, Ammonia Project
Exxon Mobil and Air Liquide’s hydrogen and ammonia project is expected to transport low-carbon hydrogen from Exxon’s Baytown, Texas, facility through Air Liquide’s pipeline network.
Report: Global Energy Demand, Emissions Rise
Data showed global energy consumption increased 2% to a record 620 exajoules (EJ), driven by increases in coal and oil use.
Energy Transition in Motion (Week of June 21, 2024)
Here is a look at some of this week’s renewable energy news, including record-setting first quarter energy storage capacity in the U.S.
Germany Awards TotalEnergies a 1.5-GW Offshore Wind Lease
TotalEnergies said maritime concession N-11.2 intends to help the company develop a 3.5 GW offshore wind hub in the German North Sea.
North American Lithium Site to Likely Up Mineral Estimates
Piedmont Lithium and Sayona Mining’s North American Lithium site, located in Quebec, Canada, is the largest lithium operation in North America.
Hirs: How the Cost of Carbon Avoidance Bolsters Nuclear Power
States and the EU have introduced nascent carbon pricing schemes with taxes, tax benefits and offsets. It isn’t unreasonable to assume that carbon pricing will become increasingly tangible.