Category: Oil & Gas

December 30, 2020

With 2030 climate targets up for renewal, a new set of European commissioners in place, and the post-Brexit relationship to negotiate, this year was always going to be a big one for Europe’s energy transition. Here’s an outline of the […]

December 18, 2020

The oil and gas sector has a great deal of work to do to decarbonise and as the drive to net zero picks up pace, there is simply no choice but to place climate ambitions at the centre of all […]

December 9, 2020

Throughout this year, a subtle but meaningful shift has occurred within utility regulatory agencies across the country. Multiple states have opened official proceedings investigating the future of gas distribution in their state. This could be the beginning of a significant […]

October 15, 2020

Doubling down on its net-zero efforts, Duke Energy will retire all coal-only units in the Carolinas, multiply its renewable portfolio, and cease emitting methane in its natural gas business by 2030. The company made the announcements on Oct. 12 at […]

October 9, 2020

Regulated utilities are less incentivized to dispatch their coal plants economically in the market because they can more easily recover losses incurred through their regulated rate base, studies have previously shown. Resources are dispatched into the market based on price […]

October 6, 2020

The U.S. Department of Energy (DOE) has released a report that says retrofitting the coal-fired San Juan Generating Station (SJGS) in New Mexico with carbon capture technology would bring more jobs and tax revenue to the region than replacing the […]

September 16, 2020

Over the past three years, some of the country’s biggest utilities have been committing to a goal that few may have predicted they’d undertake on their own: weaning themselves off carbon-emitting generation by 2050. Driving this sea change in long-term […]

August 10, 2020

Duke Energy on Monday reported a $1.6 billion charge related to abandoning the Atlantic Coast Pipeline. The utility also laid out how its renewable energy and grid modernization plans will fill in the capital-investments hole left by the canceled multibillion-dollar […]

August 5, 2020

U.S. utilities have made a significant move away from coal-fired power generation in the past decade, evidenced by a continuing stream of announced coal plant retirements. That transition has been partly driven by new generation from renewable resources, such as […]

August 4, 2020

BP will cut its oil and gas output by 40 percent by 2030 and increase its low-carbon investment tenfold by then, the company announced Tuesday as it begins to detail its 2050 net-zero strategy. BP, which first revealed its net-zero […]