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Home2022September

Month: September 2022

The Grid is faiing and EVs dont help
Climate Crisis

A look at California’s lofty EV goals and how it could impact the already strained and failing grid.

September 16, 2022 Stu Turley

California has lofty goals for electric vehicles by 2035 while struggling to keep its electric grid operating smoothly during heat waves. Today we look at some projections for electric vehicles and how they could impact electricity demand.   […]

Russian
International News

Germany seizes Russian oil firm Rosneft’s refineries

September 16, 2022 Mariel Alumit

Berlin has taken control of the German operations of Russian oil firm Rosneft to secure energy supplies which have been disrupted after Moscow’s full-scale invasion of Ukraine. Rosneft’s German subsidiaries, which account for about 12 percent […]

Power Grid
US Energy News

US POWER TRACKER: Western power forwards trend higher, spot price rises on summer heat

September 16, 2022 Mariel Alumit

Western power forwards are trending higher down the curve following higher gas forwards with forecasts of above-normal temperatures, as spot prices climbed in August on summer heat. Across the Western power markets, several October and […]

Ethanol prices
Top News

Ethanol prices fall as tentative railroad agreement averts strike, commodity disruptions

September 16, 2022 Mariel Alumit

Spot ethanol prices fell Sept. 15 as freight railroad companies and unions reached a tentative labor agreement overnight to avert a nationwide rail strike that would have curtailed shipments of agricultural and energy products. Chicago […]

Chile’s water
Climate Crisis

Who Pays The Price For America’s Aggressive Climate Policies?

September 16, 2022 Mariel Alumit

The dramatic rise of electric vehicles has been touted as a major win for the environment. While this transition to ‘zero-emission’ vehicles may benefit developed nations, front-line communities and emerging economies are paying the price. […]

Democrats
Climate Crisis

Who can you Trust? With New Documents Unveiled in Congressional Hearings Show Oil Companies Are Slow-Rolling and Overselling Climate Initiatives, Democrats Say

September 16, 2022 Mariel Alumit

Congressional Democrats presented fresh evidence Thursday which they say proves that oil companies are continuing to mislead the public on climate change and undercut global efforts to reduce greenhouse gas emissions. At a hearing held […]

China
Coal

China warns coal companies against dual contracts, keep prices stable

September 16, 2022 Mariel Alumit

BEIJING, Sept 15 (Reuters) – China’s state economic planner on Thursday warned coal companies operating at ports in the Bohai Bay region to comply with their long-term contracts to keep prices stable ahead of the […]

India
Crude Oil News

India’s trade with Russia in rupees to start soon – trade body

September 16, 2022 Mariel Alumit

NEW DELHI, Sept 14 (Reuters) – India will soon start trading with Russia in rupees as top lender State Bank of India (SBI.NS) has agreed to facilitate the new mechanism, the president of India’s exporter group said […]

Germany
Geopolitical

Germany edges closer to nationalisation of ailing gas importer Uniper

September 16, 2022 Mariel Alumit

DUESSELDORF/FRANKFURT, Sept 14 (Reuters) – Germany’s Uniper (UN01.DE) said on Wednesday the government might take a controlling stake in the company as the ailing gas importer seeks further aid, paving the way for a what could result […]

Russia
Geopolitical

Russia says pipeline to China will replace Nord Stream

September 16, 2022 Mariel Alumit

A Russian pipeline to China will replace the Nord Stream 2 gas link to Europe, abandoned amid the Ukraine conflict, Moscow’s Energy Minister Alexander Novak said Thursday. Asked in an interview with Russian television channel […]

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