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Home2023May

Month: May 2023

offshore
Electrical Generation / Utilities

First American-Built Offshore Wind Substation Complete; Journey Now Underway from Texas Port up East Coast to South Fork Wind Project Site

May 30, 2023 Mariel Alumit

350+ U.S. Workers Across Texas and Kansas Supported Build of Offshore Substation Ingleside, Texas – May 25, 2023 – In the latest milestone for the growth of the U.S. offshore wind supply chain, offshore wind joint […]

Labour
Climate Crisis

Labour confirms plans to block all new North Sea oil and gas projects

May 30, 2023 Mariel Alumit

Labour has confirmed it will block all new domestic oil and gas developments if it wins power, proposing instead to invest heavily in renewable sources such as wind and also in nuclear power. The shadow […]

Price
EIA News

U.S. energy insecure households were billed more for energy than other households

May 30, 2023 Mariel Alumit

May 30, 2023 Data source: U.S. Energy Information Administration, 2020 Residential Energy Consumption Survey (RECS) Note: Square footage is derived from RECS respondent estimates and represents the energy-consuming area of housing units. On average, households […]

energy
International News

This electric tanker will carry 96 batteries across the ocean, transporting clean energy

May 30, 2023 Mariel Alumit

As the world moves toward a sustainable future, some regions have an abundance of renewable energy, while others are at a geographical disadvantage. Japan-based startup PowerX has a solution with the world’s first electric battery tanker, “X,” […]

OPEC
Crude Oil News

Oil Markets On Edge Over OPEC And Debt Ceiling Uncertainty

May 30, 2023 Mariel Alumit

With the next OPEC+ meeting taking place this Sunday and the U.S. debt ceiling saga set to draw a conclusion around the same time, oil markets are sure to be on edge all week. Investor […]

Mining
Critical Minerals

Mining the Gap to a Net-Zero Future

May 30, 2023 Mariel Alumit

The transition to low-carbon energy will be a tremendous challenge. Not only do we need to ramp up clean-energy supply to replace fossil fuels, but we also need to meet growing energy demand for a […]

Mountain
Finance

Biden, McCarthy debt deal would speed up Mountain Valley gas pipeline

May 30, 2023 Mariel Alumit

WASHINGTON, May 28 (Reuters) – U.S. energy company Equitrans Midstream Corp’s (ETRN.N) long-delayed $6.6 billion Mountain Valley natural gas pipeline could win federal approval as part of Washington’s debt limit deal. Streamlined federal approval for the 303-mile […]

Finance

Debt-Ceiling Deal Is Done. Why Recession And Stock-Market Drop May Follow.

May 30, 2023 Mariel Alumit

Worries over the debt ceiling have had the stock market on edge, yet the Saturday night deal to avoid a default may not trigger a big relief rally. That’s because aggressive Fed tightening and the […]

Investments

Debt-Ceiling Deal Is Done. Why Recession And Stock-Market Drop May Follow.

May 30, 2023 Mariel Alumit

Worries over the debt ceiling have had the stock market on edge, yet the Saturday night deal to avoid a default may not trigger a big relief rally. That’s because aggressive Fed tightening and the […]

Energy Crisis

A line too long: Grid interconnection delays threaten states’ clean energy goals

May 30, 2023 Mariel Alumit

​ Inflation Reduction Act incentives are expected to help accelerate states’ clean energy transitions, but a new bottleneck is emerging that may blunt the federal law’s benefits over the next few years. A new report […]

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