Category: Oil & Gas

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 […]

July 20, 2020

Is gas generation quickly going down the same path as coal? Will gas power generation built today be abandoned in 30 years? How can you be serious about climate change and still build gas power generation? As governments, utilities, and […]

July 8, 2020

If completed, the divestment would focus Dominion more intently as a state-regulated “pure-play” utility power provider, according to the company’s statement. The Berkshire Hathaway unit is acquiring more than 7,700 miles of natural gas storage and transmission pipeline and about […]

June 30, 2020

The City of Boulder is partnering with Western Disposal for the sale of renewable natural gas (RNG) generated at the city’s Water Resources Recovery Facility (WRRF). The RNG, which will be produced from biogas, which is derived from the breakdown […]