Solar projects dominated Maine’s largest renewables procurement, Kallanish Energy reports. Solar will provide about 482 megawatts of the 546 megawatts of projects approved for long-term energy projects earlier this week by the Maine Public Utilities Commission. The commission approved 17 projects including solar, onshore wind, hydro and biomass. They were the first to win approval
Read More...Palladium Energy LLC and Inverdale Energy Partners have formed a joint venture to develop 500 megawatts of utility-scale solar and solar storage across the United States, Kallanish Energy reports. That is the initial development portfolio. The JV is known as Palladium Energy Development LLC. The companies did not detail plans for the initial solar development. “This
Read More...Entergy Corp. has announced that is accelerating its climate action goals with a plan to achieve net-zero carbon emissions by 2050, Kallanish Energy reports. The Louisiana-based utility also reaffirmed its commitments to grid reliability and affordability for customers. That new goal is “another major step forward,” said Leo Denault, Entergy’s chairman of the board and
Read More...Ohio Attorney General Dave Yost is seeking to keep the owner of two nuclear power plants in Ohio from getting $1.3 billion in bailout money in what has become the largest bribery scandal in state history, Kallanish Energy reports. Yost on Wednesday filed a lawsuit in Franklin County Common Pleas Court to keep Energy Harbor
Read More...Austria’s electricity company, Verbund, has acquired a 51% stake in gas pipeline company Gas Connect Austria from OMV in a €217 million ($253 million) deal, Kallanish Energy reports. The agreement, first announced in March this year, was confirmed on Wednesday by both companies. The deal is subject to regulatory approval and is expected to close
Read More...French energy major Total announced on Thursday it will convert its Grandpuits crude oil refinery to produce renewable diesel and bioplastics, Kallanish Energy reports. Killing two birds with one stone, Total will shut down its crude refinery after a structural problem with a key pipeline reduced its operational rate to 70% of capacity. To resume
Read More...Spanish utilities Iberdrola will create a dedicated green hydrogen business unit, as it aims to become a global leader in the technology, Kallanish Energy reports. CEO Ignacio Galán said in a speech during the New York Climate Week, which took place alongside the UN General Assembly, that the company will produce hydrogen from 100% renewable
Read More...German wind power association WAB and Scottish wind consortium DeepWind have signed a three-year cooperation agreement to develop a market for green hydrogen from wind power. The parties said in a joint statement on Wednesday that the aim is to promote the offshore wind industry and the production of green hydrogen at sea transnationally. The
Read More...Biomethane can help decarbonize Europe’s gas markets, but continued growth depends on policy support, Wood Mackenzie said this week. According to analysts Graham Freedman and Nnenna Amobi, the carbon-neutral renewable gas can be directly injected into existing natural gas infrastructure and decarbonize the heating and transport sectors. That’s because biomethane is a purified form of
Read More...The shipping industry’s “grand challenge” of decarbonization will have to rely on a mix of fuels, rather than wait for the ideal solution to arrive, according to DNV-GL. The consultancy said in its Maritime Forecast to 2050 report that currently there are at least 16 different fuel types and 10 fuel technology systems in the
Read More...While the number of new wells drilled in Pennsylvania declined in 2019, more natural gas gas fracked within the state last year than any previous year, according to the Pennsylvania Department of Environmental Protection. According to the DEP’s 2019 Oil and Gas Annual Report, last year’s production totaled 6.8 trillion cubic feet of natural gas
Read More...How often do royalty payments come? Depending on the company, royalty payments can arrive monthly or quarterly. Are my royalty payments transferable? Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a
Read More...Natural gas production in the Appalachian and Haynesville shale basins has weathered downturns caused by the coronavirus pandemic better than many other oil-focused shale plays, according to The Oklahoman. Although drilling activity is down in both basins, it hasn’t seen the dramatic declines many other plays have seen. Additionally, the Enverus FundamentalEdge series report notes
Read More...U.S. independent E&P firm Apache Corp. has commenced exploration on a new location in Block 58 offshore Suriname, Kallanish Energy reports. Having already made three oil and oil/gas condensate discoveries in wells throughout the Block earlier this year, Apache confirmed that drilling operations at the Keskesi East-1 well has commenced last week. In a statement,
Read More...Hygo Energy Transition, a joint venture between Golar LNG and Stonepeak Infrastructure Partners, is seeking an initial public offering (IPO) of $485 million, Kallnish Energy reports. According to a regulatory filing to the Securities and Exchange Commission (SEC) on Thursday, the company plans to offer 23.1 million common shares valued at $18-21 apiece. The higher
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