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Home2021March

Month: March 2021

Oil Money- energynewsbeat
Commodities

Oil Price, The U.S. Dollar And The Pressure Of Rising Inflation

March 18, 2021 Stu Turley

Ellen R. Wald, Ph.D.It’s been one year since the United States began lockdowns in response to the coronavirus. In that time the federal government has approved a total of $4.8 trillion of stimulus. In essence, the government, which […]

central business district of Beijing - Energynewsbeat.com
Coal

Chinese sandstorm may boost coal consumption –

March 18, 2021 Stu Turley

China’s worst sandstorm in a decade is threatening its renewable energy output, which will likely boost coal consumption even as the traditional April-May lull for heating demand approaches. At least 12 provinces in north China have been […]

USAID - EnergyNewsBeat
International News

US agencies to offer $41 million loan for India SMEs to invest in green energy

March 18, 2021 Stu Turley

The United States Agency for International Development (USAID) and the US International Development Finance Corporation (DFC) are together sponsoring a $41 million loan portfolio guarantee to aid investments by Small and Medium Enterprises (SMEs) in renewable […]

us secretary of energy jennifer granholm - energynewsbeat.com
Energy Storage

US Secretary of Energy: ‘Flow batteries are good for grid storage’

March 18, 2021 Stu Turley

Liquid electrolyte tanks at a large-scale vanadium flow battery demonstration and research project. Image: Fraunhofer ICT. US Secretary of Energy Jennifer Granholm said yesterday that flow batteries are “good for grid storage” as her Department […]

largest blue hydrogen facility -energynewsbeat.com
Hydrogen

BP reveals plans for UK’s largest blue hydrogen facility

March 18, 2021 Stu Turley

BP announced that it is developing plans for the UK’s largest blue hydrogen production facility, targeting 1GW of hydrogen production by 2030. The project would capture and send for storage up to two million tons […]

Copper Mining -energynewsbeat
Fossil

When Does a Commodities Boom Turn Into a Supercycle?

March 18, 2021 Stu Turley

A surge in commodity prices has Wall Street banks gearing up for the arrival of what may be a new supercycle — an extended period during which demand drives prices well above their long-run trend. […]

Crude Oil News

China Takes Aim at a Booming $7 Billion Market for Dirty Oil

March 17, 2021 Tracey Woods

One of the fastest-growing corners of China’s energy market is facing a potentially devastating blow as Xi Jinping’s government increases scrutiny of high-emission fuels. Chinese regulators are considering a new tax on imports of so-called […]

Energy Storage

Energy Department Announces $20 Million to Advance Manufacturability of Grid-Scale Energy Storage Technologies

March 17, 2021 Tracey Woods

Today, the U.S. Department of Energy (DOE) announced up to $20 million for research and development (R&D) that will advance the manufacturability of mid-sized flow battery systems. Mature flow battery technologies will allow the U.S. […]

Chinas Renewable Dominance
International News

Why The West Is Worried About China’s Renewable Energy Dominance

March 17, 2021 Stu Turley

Over the past decade, no major energy source has grown faster than solar power. According to the 2020 BP Statistical Review of World Energy, installed solar photovoltaic (PV) capacity has grown at an average annual […]

Oil at 66 as week opens with recovery in focus
Commodities

Oil Advances Above $66 as Week Opens With the Recovery in Focus

March 17, 2021 Stu Turley

Oil topped $66 a barrel as traders assessed prospects for further recovery from the pandemic and the outlook for rising global demand as the OPEC+ alliance presses on with output curbs to drain inventories. West […]

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