State of Energy: Upstream, midstream experts talk energy transition
Vaccines, a greater understanding of Covid-19, and post-lockdown surges in demand for consumer goods have increased oil demand, but the upstream and midstream sectors of the oil and gas industry will never be quite the same as in early 2020. The energy transition is posing what some say are fundamental challenges to the production, transportation […]
Start saving energy and money when you take these 5 steps to winterize your business
When it comes to future-planning for businesses, something giant is getting in the way of lower energy costs—proactive energy efficiency upgrades. We understand there’s a lot on your plate. Addressing things like your facility’s aging HVAC, hidden air leaks and old office thermostats can feel like a real beast. Most business owners wait until a […]
Clean energy infrastructure ready to take historic step
Following the passage of the federal production tax credit (PTC) in 1992, renewable energy advocates have worked tirelessly to advance technology and policy for clean energy. Since then, energy generation, storage, and related technology have progressed. Costs have declined as business and financing models have matured. Investment in clean energy continues to develop as the […]
What DMV building owners need to know about new energy standards
What is the DC BEPS Program? DC BEPS (building energy performance standards) is a six-year program, requiring buildings to continually reduce energy use over several phases. We are currently in Phase 1, which means that every privately-owned building over 50,000 square feet and every D.C. government-owned building over 10,000 square feet must benchmark data through […]
Duke Energy extends Covid moratorium on power disconnections as advocacy groups attack its efforts
Duke Energy Corp. informed North Carolina regulators today that it is extending its voluntary suspension of disconnections for low-income customers behind on their bills. That announcement came on the same day two nonprofit groups reported Duke (NYSE: DUK) was the largest utility beneficiary of federal coronavirus relief funds — but still had third-most disconnections among […]
Yolo County connects to real estate developer CIM Group’s huge Central Valley solar array
A massive and growing solar photovoltaic array in the Central Valley is now sending clean energy to most of Yolo County. The Westlands Solar Park, being developed by Los Angeles-based CIM Group, has begun operation of Aquamarine, its 125-megawatt first phase of the development west of Fresno. “Bringing clean solar power to California from Aquamarine […]
Albemarle plans $200M purchase of Chinese lithium processor
Albemarle Corp. has agreed to buy a Chinese lithium production company for $200 million in an all-cash deal. Charlotte-based Albemarle (NYSE: ALB) says it “has signed a definitive agreement to acquire all of the outstanding equity of Guangxi Tianyuan New Energy Materials Co. Ltd., a lithium converter located in Guangxi, China.” The deal is expected […]
Houston-area biodiesel plant will close for good in November
The 35 million-gallon-per-yer-capacity plant started up in 2008.
The pitch from Oakland startup OhmConnect? Save energy and get paid for it.
As I started my conversation with Cisco DeVries, the CEO of Oakland-based smart grid startup OhmConnect, massive wildfires were burning across the state and a recently released IPCC report found that the effects of climate change were already evident and accelerating. Was there any sign of hope? I asked DeVries, who had spent the bulk […]
CEO projects $100B in spending on ‘clean energy transition’ at Duke Energy in the next 10 years
Touting Duke Energy Corp.’s sustainability goals at a presentation an S&P Global Inc. conference, CEO Lynn Good said the company will spend close to $100 billion on its transition to clean energy over the next decade. Good spoke Sept. 28 with Lindsey Hall, head of ESG Through Leadership — a title that refers to environmental, […]
