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Home2022September

Month: September 2022

Greenhouse Effect
Industry Insights

A Much Larger Greenhouse Effect – But Temperatures Dominated by Cooling

September 9, 2022 Mariel Alumit

​ Guest post by Wim Röst Abstract The Earth’s greenhouse effect is much larger than suggested so far. If surface radiation and the greenhouse effect set surface temperatures, our oceans would be boiling. Fortunately, they […]

generation
Industry Insights

LIVE AT NOON CDT: Are we abandoning the next generation?

September 9, 2022 Mariel Alumit

​ It’s no secret that renewable energy is nowhere near as reliable as traditional forms of energy. When the wind doesn’t blow or sun doesn’t shine, the lights turn off. Californians deal with rolling blackouts […]

Oil rebounds
Crude Oil News

Oil rebounds from 8-month low after hitting oversold territory

September 9, 2022 Mariel Alumit

(Bloomberg) — Oil rebounded from an eight-month low as the market shrugged off a U.S. report showing swelling crude stockpiles and slumping demand. West Texas Intermediate advanced 2% in a move traders characterized as a […]

Qcells
Renewables Not Sustainable

US$150 million financing closed by Qcells for largest standalone BESS in Texas’ ERCOT market

September 9, 2022 Mariel Alumit

Vertically integrated solar PV and clean energy company Qcells has closed a US$150 million financing deal for its first large-scale standalone battery energy storage system (BESS) project. The company announced yesterday that it had secured […]

Carbon capture
Carbon Capture

Carbon capture industry likely to fail, according to analysis

September 9, 2022 Mariel Alumit

Carbon capture and storage projects are more likely to fail rather than succeed, according to a new industry assessment by the Institute for Energy Economics and Financial Analysis (IEEFA). The study found 10 of 13 […]

U.S.
EIA News

In the first half of 2022, 24% of U.S. electricity generation came from renewable sources

September 9, 2022 Mariel Alumit

In the first six months of 2022, 24% of U.S. utility-scale electricity generation came from renewable sources, based on data from our Electric Power Monthly. The renewables’ share increased from 21% for the same time period […]

Saudi
International News

Saudi wealth fund to issue green bonds as soon as next week: Reuters

September 9, 2022 Mariel Alumit

DUBAI: Saudi Arabia’s $620 billion sovereign wealth fund is expected to tap international debt markets for a debut green bonds issue as soon as next week, five sources familiar with the matter told Reuters. The Public Investment […]

Europe
Carbon Capture

Carbon emissions laws to be relaxed as Europe turns to coal amid energy crisis

September 9, 2022 Mariel Alumit

Europe is currently in the middle of a deepening energy crisis, which will force it to burn more coal and rethink carbon policies if it gets worse. This has mostly been fuelled by the Russia-Ukraine […]

Tesla
Electric Vehicles

General Motors Just Reentered the Race to Beat Tesla

September 9, 2022 Mariel Alumit

A typical internal combustion engine has around 200 parts that need to be maintained and possibly replaced if they wear out. An electric vehicle takes that number down to around 20. Add to that the […]

Russia’s Gas
Finance

Russia’s Gas Giant Will See Revenues Surge 85% This Year

September 9, 2022 Mariel Alumit

Russia’s gas giant Gazprom is set to rake in 85% higher revenues this year, to around $100 billion, as natural gas prices surged following the Russian invasion of Ukraine and the significant cut to Russian […]

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