Power Generation

Source: Reuters

Texas power grid faces summer having changed little from February freeze

Reuters


Texas’s grid operator frightened residents last week when it said it had very little reserves to cover demand spiking as temperatures soared. This summer could produce more scary times.

In February, the Texas grid, run by the Electric Reliability …

June 24, 2021 - 2:30 pm Closing Bell Story‎, Energy News, Power Generation
Source: Reuters

Reuters Events: Power CEOs defend role for natgas in shift to climate-friendly grid

Reuters


WASHINGTON/MADRID/BOSTON – Power company executives argued during a global energy conference this week that natural gas will have a long-lasting role in the transition to a climate-friendly global economy, even as environmental groups, progressive politicians, and intergovernmental organizations contend …

Source: Reuters

Reuters Events-Duke Energy CEO sees hurdles for Biden’s decarbonization timeline

Nasdaq


U.S. President Joe Biden’s target to decarbonize the nation’s power industry by 2035 will only be achievable if clean energy technologies like advanced nuclear and carbon capture rapidly become commercially viable, according the chief executive of leading U.S. utility …

Exclusive 360 Energy Expert Network Video Discussion: The Oil & Gas Conference-August 15-18, 2021

Exclusive 360 Energy Expert Network Video Discussion: The Oil & Gas Conference-August 15-18, 2021

Publisher's Note: Aaron Vandeford and Dan Genovese with EnerCom sat down to discuss the upcoming The Oil & Gas Conference August 15-18, 2021 in Denver. You can register to attend the conference at https://www.theoilandgasconference.com. Companies interested in be presenter's

Exclusive 360 Energy Expert Network Video Discussion: The Oil & Gas Conference-August 15-18, 2021

Exclusive 360 Energy Expert Network Video Discussion: The Oil & Gas Conference-August 15-18, 2021

Publisher's Note: Aaron Vandeford and Dan Genovese with EnerCom sat down to discuss the upcoming The Oil & Gas Conference August 15-18, 2021 in Denver. You can register to attend the conference at https://www.theoilandgasconference.com. Companies interested in be presenter's

Exclusive 360 Energy Expert Network Video Discussion: The Oil & Gas Conference-August 15-18, 2021

Exclusive 360 Energy Expert Network Video Discussion: The Oil & Gas Conference-August 15-18, 2021

Publisher's Note: Aaron Vandeford and Dan Genovese with EnerCom sat down to discuss the upcoming The Oil & Gas Conference August 15-18, 2021 in Denver. You can register to attend the conference at https://www.theoilandgasconference.com. Companies interested in be presenter's

Source: ABC 13 News

Energy supply narrowly outpaces demand as Texans are asked to conserve power

ABC13 News


With temperatures expected to reach near-record highs again Tuesday, the state of Texas is in a power struggle.

 

The Electric Reliability Council of Texas, aka ERCOT, says not enough power is being generated to keep up with …

June 15, 2021 - 12:00 pm Closing Bell Story‎, Energy News, Power Generation
Source: Reuters

U.S. power & natgas prices spike in Texas and California heatwaves

Reuters


Power and natural gas prices in Texas and California spiked to multi-month highs this week as homes and businesses cranked up their air conditioners to escape brutal heatwaves.

In Texas, the Electric Reliability Council of Texas (ERCOT), which operates …

Exclusive 360 Energy Expert Network Video Discussion: The Oil & Gas Conference-August 15-18, 2021

Exclusive 360 Energy Expert Network Video Discussion: The Oil & Gas Conference-August 15-18, 2021

Publisher's Note: Aaron Vandeford and Dan Genovese with EnerCom sat down to discuss the upcoming The Oil & Gas Conference August 15-18, 2021 in Denver. You can register to attend the conference at https://www.theoilandgasconference.com. Companies interested in be presenter's

Source: Fox Business

Biden looks abroad for electric vehicle metals, in blow to U.S. miners

Fox Business


U.S. President Joe Biden will rely on ally countries to supply the bulk of the metals needed to build electric vehicles and focus on processing them domestically into battery parts, part of a strategy designed to placate environmentalists, …

Source: Reuters

BASF, Canada in early talks on EV battery production – source

Reuters


OTTAWA – Several companies, including Germany’s BASF SE, are in preliminary talks about tapping a federal clean tech fund to set up production for electric vehicle batteries in Canada, a government official with knowledge of the discussions said.

The …

Exclusive 360 Energy Expert Network Video Discussion: Renewable Natural Gas Creates Path for Net-Zero Carbon

Exclusive 360 Energy Expert Network Video Discussion: Renewable Natural Gas Creates Path for Net-Zero Carbon

Publisher's Note:

Renewable Natural Gas (RNG) is rapidly gaining momentum as a key strategy for energy, technology, manufacturing and utility companies to achieve their net-zero carbon emissions goals. On April 7th Rice Acquisition Corp. (NYSE: RICE), a Special Acquisition

Source: Reuters

Fresh from Icahn settlement, FirstEnergy weighs divestitures – sources

Reuters


FirstEnergy Corp, the U.S. utility that gave activist investor Carl Icahn seats on its board this year, is exploring divestitures as an alternative to raising cash by selling stock, according to four people familiar with the matter.

Akron, Ohio-based

Exclusive 360 Energy Expert Network Video Discussion: Renewable Natural Gas Creates Path for Net-Zero Carbon

Exclusive 360 Energy Expert Network Video Discussion: Renewable Natural Gas Creates Path for Net-Zero Carbon

Publisher's Note:

Renewable Natural Gas (RNG) is rapidly gaining momentum as a key strategy for energy, technology, manufacturing and utility companies to achieve their net-zero carbon emissions goals. On April 7th Rice Acquisition Corp. (NYSE: RICE), a Special Acquisition

Exclusive 360 Energy Expert Network Video Discussion: Renewable Natural Gas Creates Path for Net-Zero Carbon

Exclusive 360 Energy Expert Network Video Discussion: Renewable Natural Gas Creates Path for Net-Zero Carbon

Publishers Note:

Renewable Natural Gas (RNG) is rapidly gaining momentum as a key strategy for energy, technology, manufacturing and utility companies to achieve their net-zero carbon emissions goals. On April 7th Rice Acquisition Corp. (NYSE: RICE), a Special Acquisition

Source: CNBC

The new U.S. plan to rival China and end cornering of market in rare earth metals

CNBC


The United States has made previous attempts to reemerge as a dominant player in a rare earths supply chain that is responsible for some of the most important materials involved in electric vehicle production, battery making, renewable energy systems

Exclusive 360 Energy Expert Network Video Discussion: “Pioneer Energy’s ESG Solution for Well Pad Methane Emissions”

Exclusive 360 Energy Expert Network Video Discussion: “Pioneer Energy’s ESG Solution for Well Pad Methane Emissions”

Publishers Note: EnerCom's Dan Genovese interviews Joe Palaia and Eyal Aronoff with Pioneer Energy to discuss their new, single skid, well pad system that eliminate 90% point source emissions, increases crude volume, and dramatically reduces equipment footprint at the same

Exclusive 360 Energy Expert Network Video Discussion: “Pioneer Energy’s ESG Solution for Well Pad Methane Emissions”

Exclusive 360 Energy Expert Network Video Discussion: “Pioneer Energy’s ESG Solution for Well Pad Methane Emissions”

Publishers Note: EnerCom's Dan Genovese interviews Joe Palaia and Eyal Aronoff with Pioneer Energy to discuss their new, single skid, well pad system that eliminate 90% point source emissions, increases crude volume, and dramatically reduces equipment footprint at the same

Source: Reuters

Schlumberger unit to launch Nevada lithium plant as EV demand rises

Reuters


Oilfield services firm Schlumberger’s New Energy division said on Thursday it would launch a lithium extraction plant in Nevada to cash in on the surging demand for the battery metal from electric vehicle makers and technology companies.

The division …

Source: Reuters

Texas regulator warns lawmakers against rollback in storm power prices

Reuters


The head of Texas’s power regulator told lawmakers on Thursday that any effort to retroactively reduce the power prices levied during a recent storm would lead to lawsuits that the state could lose.

The state’s power grid operator raised …

Source: Reuters

Texas Governor makes correcting power grid operator’s billing ’emergency’ item

Reuters


Texas Governor Greg Abbott said on Tuesday he had made correcting “inaccurate excessive charges” billed during the winter freeze by power grid operator Electric Reliability Council of Texas (ERCOT) an emergency matter for the state legislature.https://www.reuters.com/article/us-usa-weather-texas-ercot-power/texas-governor-makes-correcting-power-grid-operators-billing-emergency-item-idUSKBN2B20EH

Abbott said he …

March 10, 2021 - 12:00 pm Closing Bell Story‎, Energy News, Power Generation
Source: Reuters

Column: Battery metals buzz is back as Europe reboots EV sector

Reuters


LONDON  – The battery metals are back.

 

Both lithium and cobalt markets spent the last two years absorbing the glut of supply that followed the price boom of 2017-2018. Low prices and turgid trading conditions caused producers collectively …

Source: Reuters

Texas power regulator rejects request to cut $16 billion in charges during freeze

Reuters


HOUSTON – Texas’ state power regulator on Friday unanimously vetoed a request to cut about $16 billion from state power charges during the final day of the state’s February cold snap, saying even a partial repricing could have unintended …

Source: Reuters

Texas grid operator made $16 billion price error during winter storm, watchdog says

Reuters


 Texas’ power grid operator Electric Reliability Council of Texas (ERCOT) made a $16 billion pricing error in the week of the winter storm that led to power outages across the state, Potomac Economics, which monitors the state’s power market, …

Source: Reuters

Mexican president plans renegotiation of power industry contracts

Reuters


MEXICO CITY – Mexico plans to renegotiate contracts in the electricity sector with Spain’s Iberdrola and around 10 other firms, President Andres Manuel Lopez Obrador said on Wednesday, heralding fresh tensions between his government and the private sector.

“Basically …

Source: Reuters

Texas electricity firm files for bankruptcy citing $1.8 billion in claims from grid operator

Reuters


HOUSTON- Texas’s largest and oldest electric power cooperative on Monday filed for bankruptcy protection in federal court in Houston, citing a disputed $1.8 billion bill from the state’s grid operator.

Brazos Electric Power Cooperative Inc, which supplies electricity to …

Source: Reuters

Winners and losers in energy sector from Texas cold snap

Reuters


A winter storm that hit parts of the southern United States over the past week led several energy companies to report stronger-than-expected results after they were called on to provide more power at higher prices, while others faced millions …

Source: Reuters

Top executives of Texas electric grid resign after storm failure

Reuters


HOUSTON  – Top directors of Texas’s electric grid operator, who faced sharp criticism from a massive failure of the state power system that left millions last week without light, heat, and water, resigned on Tuesday.

The board’s chairman, vice …

February 24, 2021 - 1:30 pm Closing Bell Story‎, Energy News, Power Generation
Source: Reuters

U.S. public power/natgas groups urge Biden to cap prices in last week’s freeze

Reuters


Trade groups representing U.S. public power and natural gas companies urged President Joe Biden to declare a gas emergency for last week’s extreme weather and authorize the secretary of energy to cap the price of gas.

In a Feb. …

Source: Reuters

Just Energy says Texas customers protected from storm-related price surge

Reuters


Just Energy Group Inc said on Tuesday its storm-battered residential customers in Texas will be protected from higher energy rates for February, a day after the Canadian company raised doubts about its ability to continue as a going concern.…

February 23, 2021 - 9:30 am Closing Bell Story‎, Energy News, Power Generation