Energy Topics & Technology

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Half US at High Risk of Power Shortfall in Next Decade, Regulator Says

Electricity Grid, Energy Topics & Technology, Latest, US News / By

(Reuters) – About half of the United States is at increased risk of power supply shortfalls in the next decade that could lead to outages and electricity conservation measures, the North American Electric Reliability Corporation said on Tuesday. As U.S. power consumption rises from AI data centers and the electrification of buildings and transportation, efforts …

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Canada Runs Deeper Deficits as Finance Minister Resigns, Leaders Call for Trudeau’s Resignation

CDN and International News, Energy Topics & Technology, Finance, Latest / By

Freeland quits ahead of budget update; LeBlanc replaces her The government ran $44 billion deficit in fiscal year 2023-24 Prime Minister Justin Trudeau’s government ran a deeper deficit than projected and broke a fiscal objective outlined by his finance minister, who resigned the day she was set to unveil new spending and revenue estimates. A C$62 …

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Phillips 66 to Sell stake in Texas Pipeline for $865 Mln

Energy Topics & Technology, Latest, Pipelines, US News / By

Dec 16 (Reuters) – Phillips 66 said on Monday it would sell its 25% stake in the Gulf Coast Express pipeline in Texas to an affiliate of ArcLight Capital Partners for $865 million, setting the U.S. refiner on course to exceed its asset sale target. Despite a fall in refining profits, Phillips 66 has opted to …

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Marathon, Teamsters Reach Pay Deal at Detroit Refinery

Energy Topics & Technology, Latest, Refineries, US News / By

By Reuters Dec 15 (Reuters) – Teamsters members working at Marathon Petroleum’s  Detroit refinery have voted to ratify a seven-year collective bargaining agreement, the company and the union said on Sunday, three months after workers walked off the job. “The process to safely welcome our employees back to the refinery is already in progress,” the Findlay, Ohio-based …

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Enbridge Reports 265,000-Litre Oil Spill in Wisconsin

Energy Topics & Technology, Latest, Pipelines, US News / By

EDMONTON — Calgary-based pipeline giant Enbridge says it has cleaned up about 60 per cent of a nearly 265,000-litre oil spill in Wisconsin that was discovered last month. Enbridge says the spill was discovered by an employee conducting a visual inspection of its Line 6 at the Enbridge Cambridge Station, west of Milwaukee, on Nov. …

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Interview: How the Incoming Administration Can Unleash American Energy – Alex Epstein

Energy Commentary, Energy Topics & Technology, Latest, US News / By

Kimberly Guilfoyle recently interviewed me on what I think the incoming administration, including some promising new political appointees, can do to unleash American energy. The full video and transcript are below. As a preview, here’s what I view as the top 5 energy policy priorities: Liberate responsible energy development End preferences for intermittent electricity Set …

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Exxon’s AI Power Play Aims to Beat Nuclear

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Natural Gas, US News / By

By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. To most of us, a power plant is a source of electricity. To Exxon Mobil Corp., it’s a machine that converts natural …

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AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Nuclear, Oil, US News / By

It looks easy enough: Ask ChatGPT something, and it responds. But pull back the curtain, and you’ll find that every ChatGPT prompt and Microsoft Copilot task consumes vast resources. Millions of human beings engineering, correcting and training models. Enough terawatt-hours of electricity to power countries. Data center mega­campuses around the world. Power line networks and …

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Oil Sands are Canada’s Winning Lottery Ticket With ‘Significant Change’ in Emissions Growth

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, Oilsands / By

‘The Oil Sands are Canada’s Winning Lottery Ticket’ By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter   As Alberta’s oil sands sector reaches a major economic milestone, a new report shows that emissions growth continues to slow. There is a clear “structural break” for the industry where …

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Fossil Fuels Initially Needed for AI Boom, Nuclear Expert Says

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Oil / By

Tepco adviser Klein says gas likely required in the short term Japan is going to need ‘more and more electricity,’ he says The rise of artificial intelligence will drive a surge in electricity demand that’ll initially be met by fossil fuels, before nuclear replaces that source, the head of a body advising Japan’s top utility …

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