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Renewable Fuels Take Bite Out of U.S. Diesel Consumption – John Kemp

Diesel Fuel, Energy Topics & Technology, Latest, Renewable Energy, Solar, US News, Wind / By

(Reuters) – Biodiesel and other renewable diesel fuel oils are displacing a small but growing volume of petroleum-derived distillate fuel oil in the United States, especially in California and other parts of the West Coast. The result of this policy-driven change is that manufacturing and freight activity is correlated with total petroleum and renewable fuel …

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Trump Presidency Is Next Worry for Battered U.S. Wind Sector

Latest, Renewable Energy, US News, Wind / By

The candidate’s vocal disdain for wind farms is another worry for developers, who’ve faced high costs and supply-chain woes.  Companies racing to build multibillion-dollar wind farms in US waters are already contending with surging borrowing costs, supply-chain woes and project pullbacks. Now, they’ve got a new worry: Donald Trump. The former US president and presumptive Republican nominee …

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COMMENTARY: Overcoming Bottlenecks is a Prerequisite to Achieving the Energy Transition – Yogi Schulz

Batteries, Critical Minerals, Electric Vehicles, Energy Commentary, Energy Storage, Energy Topics & Technology, Environment, Geothermal, Hydro, Latest, Minerals, Net Zero, Renewable Energy, Solar, US News, Wind / By

Overcoming multiple bottlenecks will be essential for scaling up key technologies required to reduce GHG emissions and address the adverse consequences of climate change. The technologies that must be scaled up and reduced in cost are: Geothermal, nuclear, solar and wind electricity generation. Batteries and hydro storage to increase the effective production of intermittent electricity …

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Microsoft, Brookfield to Partner on Renewable Energy Projects

Latest, Renewable Energy, Solar, US News, Wind / By

By Reuters May 1, 2024 May 1 (Reuters) – Canada’s Brookfield Asset Management and technology giant Microsoft will develop new wind and solar farms in an attempt to bring over 10.5 gigawatts of new renewable energy capacity, the companies said on Wednesday. The agreement provides a pathway for Brookfield to deliver the new renewable energy capacity between …

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U.S. Reforms Environmental Law to Speed up Clean Energy, Infrastructure Approval

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

(Reuters) – The White House on Tuesday reformed the U.S. environmental review process for major projects which officials said would speed up approval of everything from transmission of power from wind and solar farms to semiconductor manufacturing. The reforms are the second and final phase of the administration of President Joe Biden’s adjustments to the …

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TotalEnergies CEO Says World Must Adapt to Warming as Oil Thirst Lingers and Renewable Energy Efforts Continue

Conventional Energy, Latest, Natural Gas, Oil, US News, Wind / By

Demand likely to remain above 100 million b/d as late as 2040 Firm sees criticism despite $5 billion annual low-carbon spend The world could still be using more than 100 million barrels a day of oil by 2040, making it vital to start preparing and adapting for a warmer climate, said TotalEnergies SE Chief Executive Officer Patrick Pouyanne. …

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China’s Transition Hampered by Flat-Lining Energy Intensity

CDN and International News, Energy Commentary, Energy Topics & Technology, Latest, Renewable Energy, Solar, Wind / By

By John Kemp (Reuters) – China’s economy has become much less energy intensive over the last 40 years as its industries have modernised and the economy has shifted towards more service sector output. But energy intensity has flatlined for the last five years making it much harder to displace coal by renewables and meet the government’s …

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Surveying the World’s Path From Fossil Fuels to Clean Energy – Energy Executives and Activists Weigh In

CDN and International News, Conventional Energy, Latest, Natural Gas, Oil, Renewable Energy, Solar, Wind / By

Energy executives warn that it will be a long and costly journey, while activists and analysts say there are significant rewards and little time to waste.  The nations of the Gulf know that the world’s shift to cleaner energy could change everything: Their economies today depend on demand for oil and gas, and their efforts …

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Record $8.8 Bln Pulled From U.S. Sustainable Funds in Q1

Latest, Renewable Energy, Solar, US News, Wind / By

European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record $8.8 billion in net withdrawals from the products in the U.S. A combination of factors likely contributed to the U.S. sustainable fund outflows during the first three months of 2024, said Morningstar. …

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Biden Administration Sets Plan for 12 Offshore Wind Auctions Over Five Years Despite Problems

Latest, Renewable Energy, US News, Wind / By

(Reuters) – President Joe Biden’s administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year. The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said …

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