US oil major Chevron has so far refrained from making big investments in renewables due to its lack of expertise, and instead has chosen to take a different approach to the energy transition than its European peers by relying on fossil fuels to deliver strong returns to its investors. Despite the global push for clean energy, Chevron CEO Mike Wirth believes oil and gas will be around for a long time, and the industry will simply find ways to make oil and gas production "more efficient, more environmentally benign."
CenterPoint Energy has launched a request for proposals to add up to 1,300 megawatts of clean energy capacity to its portfolio, including up to 300 MW of land-based wind. Interested parties should submit bids by Sept. 23.
Atlantic Shores Offshore Wind will work with Larry Niles of Wildlife Restoration Partnerships, Normandeau Associates and the US Fish and Wildlife Service to learn more about the migration patterns of red knot birds in New Jersey, and how the endangered species could be affected by offshore wind development. Atlantic Shores will use the collected information to mitigate and minimize effects of offshore wind on the species and plans to share the data publically.
Florida Public Service Commission staff are recommending that Duke Energy be allowed to move ahead with plans to expedite the decommissioning of its shuttered Crystal River nuclear plant, which would be completed 50 years sooner than expected. The staff also recommended rejecting additional cost protections if commissioners approve the project when they vote next week.
Volcanologists say cloud-based artificial intelligence systems will help them forecast volcanic activity by monitoring patterns in seismic activity, temperature, gas emissions and ground shape. Scientists are trying to improve technologies such as satellite imagery, gas-measuring spectrometers, drones, seismometers and infrasound microphones to collect better data from volcanic sites.
The Obama administration's Waters of the US rule was a solid, science-based approach to water protection, contrary to statements made by President Donald Trump, writes Earthjustice's Maz Ali, citing experts from his organization. The rule was a cooperative policy to help improve the water quality of lakes, streams and rivers, says Alejandro Davila of Earthjustice.
Small-scale liquefaction units installed at well sites across the Permian Basin could convert excess natural gas into liquefied natural gas, which is easier to transport and could even be used to power rig operations in the basin. Edge LNG has already deployed mobile, truck-delivered LNG plants, dubbed Cryoboxes, that produce about 10,000 gallons of LNG per day to the Marcellus and Bakken shales, and is targeting the Permian Basin next.
A new report from Tudor Pickering Holt & Co points to a 6.8% jump in the number of active hydraulic fracturing crews in the US to just below 100 in July, with the Permian Basin driving the increase. According to the report, 43% of the nation's active frack crews operate in the Permian, while the Marcellus Shale and Eagle Ford Shale account for 26% and 9% of the total, respectively.
Environmental Protection Agency Administrator Andrew Wheeler on Thursday announced final rules that reverse Obama-era standards for methane emissions in the oil and natural gas industry in a move that could generate $100 million in savings for the industry between 2021 and 2030. The American Petroleum Institute welcomed the rollback, noting that existing standards for volatile organic compounds have contributed to a 60% decline in methane emissions between 2011 and 2018.
Fortune 500 Companies are building a new way to do business by powering their factories, data centers and stores with wind. Not only does this practice help their bottom line, it's good stewardship as well. According to AWEA's recently released Wind Powers American Business report, corporate customers now represent 40% or more of announced wind power contracts in a given year.
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