Fossil Fuels Aren’t Going Anywhere “There is no scenario where hydrocarbons disappear,” the chief executive of Baker Hughes, Lorenzo Simonelli, said during his keynote speech at this year’s annual meeting in the company. Like other executives from the industry, Simonelli acknowledged and welcomed the energy transition, but he noted that a 100-percent renewable energy scenario … Continue reading Fossil Fuels Aren’t Going Anywhere
Siemens Energy to cut 7,800 jobs in face of coal phase-out Siemens Energy last year announced it would no longer bid in tenders to supply turbines to coal-fired power plants FRANKFURT: Siemens Energy, which supplies turbines to the power sector, will cut 7,800 jobs to counter a drop in demand for new coal-fired energy stations … Continue reading #Siemens_Energy to cut 7,800 jobs in face of coal phase-out
Importance of feeder separation schemes in power distribution Adoption of feeder separation paves the way to ensure optimal load management, quality power, reliable power and reduction in downtime… New Delhi: In the recently announced Budget for 2021, Finance Minister Nirmala Sitharaman has announced a fund for power distribution sector of ₹3,05,984 crores for 5 years. … Continue reading Importance of feeder separation schemes in power distribution
Building domestic supply chain for battery storage could be a priority for lawmakers, Senate aides say -Promoting a domestic supply chain for energy storage technologies, particularly batteries, could be an area of bipartisan focus for the 117th Congress and a big theme within the Senate Committee on Energy and Natural Resources, aides say. -Investing in … Continue reading Building domestic supply chain for battery storage could be a priority for lawmakers, Senate aides say
US Offshore Wind Potential Relies On Intelligent Grid Integration Flip a switch and the lights come on. That’s what Americans expect, thanks to an electricity grid that feeds energy from renewable and traditional sources into millions of homes and businesses. The wind turbines starting to go up in waters off the nation’s shores have the … Continue reading US Offshore Wind Potential Relies On Intelligent Grid Integration
How Steel Might Finally Kick Its Coal Habit In order to curb the industry’s prolific carbon emissions, the sector will have to transform how the material is traditionally made. Coal’s grip on the global electricity sector is loosening as more utilities and companies invest in renewable energy. But one major coal consumer—the steel industry—is finding … Continue reading How #Steel Might Finally Kick Its Coal Habit
How High Will Oil Prices Go This Year? Introduction This week we hit some milestones in the year-long recovery from the oil demand crash of 2020. West Texas Intermediate, (WTI) hit and moved past the $55.00 level, and Brent moved closer to $60. These are some important psychological barriers for the market, and if sustained, … Continue reading How High Will Oil Prices Go This Year?
Wyoming’s wind energy capacity almost doubled in 2020 The wind energy sector in the U.S. shattered records in 2020, recording its biggest year yet in terms of new capacity added to the grid. Last year, 16,913 megawatts of new wind power capacity was installed in the U.S. — an 85% increase compared to 2019. That’s … Continue reading #Wyoming ‘s wind energy capacity almost doubled in 2020
FLOATING WIND TURBINES BUOY HOPES OF EXPANDING RENEWABLE ENERGY Off the east coast of Scotland, in water more than 300 feet deep, five towering turbines weighing thousands of tons float in the North Sea. Installed in 2017, the turbines power about 36,000 homes a year. Wind farms have been erected on land and at sea … Continue reading FLOATING WIND TURBINES BUOY HOPES OF EXPANDING RENEWABLE ENERGY
‘Risky proposition.’ Can $33 billion make up for loss of Snake River dams? Tri-Cities groups leery A new proposal to tear down the four Lower Snake River dams has people agreeing on one thing — the dams’ value to the Northwest region. But many of those who rely on the dams now — to produce … Continue reading ‘Risky proposition.’ Can $33 billion make up for loss of Snake River dams? Tri-Cities groups leery
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