Offshore wind advocates ask for better coordination on grid upgrades
According to some offshore wind advocates, the current project-by-project approach on grid upgrades will be highly costly in the future. In their perspective, it is...
Tag : Energy Capital
General Motors speeds its EV plans for 2021
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General Motors CEO, Mary Barra, said the Company would speed its plans to bring its new electric vehicles (EV) to the market. The automaker is...
American Electric to retire one of its coal-fired power plants by 2023
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American Electric Power and SWEPCO announced they would retire one of their coal-based power plants. They will also cease coal operations at two of their...
Wisconsin county to go 100% renewable with Alliant Energy support
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Dane County, in Wisconsin, could go 100% renewable by 2050. Through a partnership with Alliant Energy, the county would develop a solar farm to offset...
API releases a new safety standard for pipeline maintenance
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This week, the American Petroleum Institute (API) released a new safety standard for the structural integrity maintenance of pipelines. Through this research, the institute aims...
Aramco to keep dividend payouts in 3Q
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Aramco, the Saudi Arabian world’s largest oil producer, said it would remain to pay its quarterly dividend. It accounts for $18.75 billion every three months....
The U.S. leaves the Paris Accord: energy policy hangs on the election outcome
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Yesterday, the United States (the U.S.) became the first and only country to withdraw from the Paris Climate Accord. With the unknown outcome of the...
Clean energy utilities rise with Biden’s $2 trillion plan for an energy transition
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Clean energy utilities have outperformed in the U.S. stock market lately. According to a Wall Street Journal Report, this trend may derive from Joe Biden’s...
Fracking gas-focused companies are recovering from the Covid-19 impact
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According to industry people, fracking companies may rely on natural gas production to recover from the Covid-19 impact. Gas-focused drillers are seizing more opportunities than...
Engie stops U.S. $7 billion LNG Talks with NextDecade Corp.
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Engie SA, a low-carbon and energy solutions French company, has stopped negotiations for a multibillion-dollar contract to import Liquefied Natural Gas (LNG) from the United...