Renewable Energy

ESG Funds Setting a Record Pace for Launches in 2020

ESG Funds Setting a Record Pace for Launches in 2020

Morningstar


Oil & Gas 360 Publishers Note: This is an outstanding opinion piece about ESG and capital written by Jon Hale.

A lot has been happening in the sustainable funds universe this year. Sustainable funds have performed well relative to …

Source: Reuters

BP’s stranded Canadian, Angolan assets expose wider industry risks

Reuters


LONDON  – When BP (BP.L) slashed its long-term oil price outlook last week, prospects in Canada and Angola were rendered worthless, company sources and analysts said, exposing broader risks the industry faces as the world pivots to …

Azelio Signs a MoU With Trimark Associates in the US for Energy Storage Projects Across North America

STOCKHOLMJune 24, 2020 /PRNewswire/ — Azelio’s MoU with US-based company Trimark Associates Inc. (Trimark) covers a collaboration over 45 MW capacity of Azelio’s energy storage until 2025 on the North American market, where Trimark will be the system

Ellomay Capital Announces the Approval of a Conditional License for the Manara Cliff Pumped Storage Project by the Israeli Electricity Authority

Ellomay Capital Announces the Approval of a Conditional License for the Manara Cliff Pumped Storage Project by the Israeli Electricity Authority

Ellomay Capital Announces the Approval of a Conditional License for the Manara Cliff Pumped Storage Project by the Israeli Electricity Authority

June 23, 2020 - 1:00 am International, Press Releases, Renewable Energy
Gore Street acquires 50MW Scottish storage project

Gore Street acquires 50MW Scottish storage project

Oil & Gas 360 Publishers Note: One of the energy topics we are watching is energy storage. Storage is critical for renewable energy projects. 

Energy storage investment fund Gore Street has reached a deal to acquire 100% of the 50MW …

The IEA’s Sustainable Recovery Plan Is Not Sustainable

The IEA’s Sustainable Recovery Plan Is Not Sustainable

Forbes


Oil & Gas Publishers Note: Interesting opinion from the IEA. Not sure I agree, but good to know all opinions. 

Governments of the world, take note. The International Energy Agency has a plan for you. If you take the …

South Australia Solar Fiasco Suggests What’s Ahead for New York

South Australia Solar Fiasco Suggests What’s Ahead for New York

Natural Gas Now


Oil & Gas Publishers Note: This is an excellent opinion piece written by Tom Shepstone. He brings up the over and under production of electricity to the grid depending on the weather. A total power solution for

BC Ferries’ Hybrid-electric Newbuilds Enter Service – A new update to a proven technology for WWII submarines

BC Ferries’ Hybrid-electric Newbuilds Enter Service – A new update to a proven technology for WWII submarines

MarineLink


Oil & Gas Publishers Note: Have you ever been on a WWII submarine, or met one of the veterans that served on them? The diesel-electric hybrid submarines played a critical role in defeating the Axis Powers. I would love

Source: CNBC

IEA outlines $3 trillion green recovery plan for world leaders to help fix the global economy

CNBC


The International Energy Agency has laid out a $3 trillion green recovery plan, offering governments around the world a “once-in-a-lifetime” roadmap to sustainably rebuild their economies in the wake of the coronavirus pandemic.

The Sustainable Recovery report, published Thursday,

A Utility In The Middle Of Coal Country Opts For Renewable Energy

CleanTechnica


Indiana is coal country. According to the Energy Information Agency, in 2018, 70% of the electricity in the state came from coal-fired generating stations. Vectren is the largest utility company in the southern part of the state, which snuggles …

June 17, 2020 - 7:06 pm Coal News, Power Generation, Renewable Energy
Source: CNBC

BP outlines how quickly global carbon emissions would need to fall to reach net zero by 2050

CNBC


The chief executive of energy giant BP said Wednesday that to get to net zero by 2050, the world would need to see lockdown-like reductions in carbon emissions every other year for the next 25 years.

In the London-based …

GE Renewable Energy is experimenting with 3D-printed turbine bases for taller towers

GE Renewable Energy is experimenting with 3D-printed turbine bases for taller towers

Windpower


Oil & Gas 360 Publishers Note: Ok, now you have my interest.

June 17, 2020 - 8:00 am Renewable Energy, Wind
Source: CNBC

Spain’s Repsol plans to invest millions in fuel production using green hydrogen

CNBC


Repsol has announced plans to develop a facility that will use carbon dioxide and green hydrogen to generate net-zero emission fuels for use in the transportation sector.

The Spanish oil and gas firm also announced Monday that it would …

Source: Reuters

BP wipes up to $17.5 billion from assets with bleaker oil outlook

Reuters


LONDON  – BP (BP.L) will write off up to $17.5 billion from the value of its assets after cutting its long-term oil and gas price forecasts, betting the COVID-19 crisis will cast a lasting chill on energy …

EU defines green investments to boost sustainable finance

EU defines green investments to boost sustainable finance

Modern Diplomacy


To boost the shift towards eco-friendly investment the EU is introducing rules to define what qualifies as green or sustainable activities.

During the June plenary session, MEPs will vote on a framework that determines which activities can be …

Minnesota Power Energizes Great Northern Transmission Line to Move Company Closer to 50 Percent Renewable Energy by 2021

Minnesota Power Energizes Great Northern Transmission Line to Move Company Closer to 50 Percent Renewable Energy by 2021

Minnesota Power, a utility division of ALLETE Inc. (NYSE:ALE), has energized its Great Northern Transmission Line, bringing online an innovative delivery and storage system for renewable energy that spans two states and one Canadian province.

EIA expects 2020 summer U.S. electricity demand to be lowest since 2009

EIA expects 2020 summer U.S. electricity demand to be lowest since 2009

EIA


The U.S. Energy Information Administration (EIA) expects U.S. electricity demand to total 998 billion kilowatthours this summer (June through August), the lowest level of summer electricity consumption in the United States since 2009 and 5% less than last summer.…

Adani Green Energy wins the world’s largest solar award; Leapfrogs towards goal of 25 GW of installed capacity by 2025

Adani Green Energy wins the world’s largest solar award; Leapfrogs towards goal of 25 GW of installed capacity by 2025

DALLAS, June 09, 2020 (GLOBE NEWSWIRE) — Adani Green Energy Limited (AGEL, NSE: ADANIGREEN) has won the first of its kind manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI).

June 9, 2020 - 2:16 am International, Press Releases, Renewable Energy, Solar
Source: Reuters

Exclusive: Oil major BP to cut 15% of workforce

Reuters


LONDON – BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney’s plan to shift the oil and gas major to renewable energy, it said on Monday.…

The “Wooden” Future of Wind Energy

The “Wooden” Future of Wind Energy

EnergyTrend


Oil & Gas Publishers Note: Ok, now you have my attention. Wood towers capable of replacing the steel towers of a wind farm would help eliminate a large pollution side effect from wind farms. 

Wind turbine towers are for …

June 7, 2020 - 12:40 pm International, Power Generation, Renewable Energy, Wind
Inventor of Wind Turbine Is Trying to Harness Unlimited Power

Inventor of Wind Turbine Is Trying to Harness Unlimited Power

Financial Post


Oil & Gas 360 Publishers Note: Ok now I am interested, looking for the next floating wind farm. Call me a skeptic, and we can see it when the tide comes in. Will the blades be recyclable, and

June 7, 2020 - 12:01 pm Climate Change, Power Generation, Renewable Energy, Wind
The DEC Denied Another Pipeline Permit. Is There More to it Than That?

The DEC Denied Another Pipeline Permit. Is There More to it Than That?

Spectrum News


Oil and Gas 360 Publishers Note: Susan Arbetter brings a story about the regulations on natural gas pipelines in New York. She brings out some great information about the political decision makers not looking at an entire view

Source: CNBC

Hydrogen trains could be on their way to Italy after major firms seal five-year agreement

CNBC


Transport manufacturer Alstom and energy infrastructure firm Snam are to collaborate on the development of hydrogen trains in Italy, the latest example of work being undertaken to integrate the technology into mass-transit systems.

In an announcement Thursday the firms …

Source: CNBC

Helping China cut carbon emissions isn’t a financial game every business can play

CNBC


BEIJING — China has a lot more to worry about at home than its foreign policy. Some energy-related companies in the country have found themselves caught in a business cycle that shows how difficult it can be for stimulus …

Exclusive 360 Energy Expert Network Video Interview: Alex Epstein – Is there a moral case to not use energy in the reduction of poverty?

Exclusive 360 Energy Expert Network Video Interview: Alex Epstein – Is there a moral case to not use energy in the reduction of poverty?

We live in a strange world. Some people believe that there are too many humans, and humanity is destroying the planet. Others are of the opinion that humanity should prosper. All too often people do not want to have a

India’s solar power generation to fall by 11,943 MW during June solar eclipse; POSOCO prepares power systems

India’s solar power generation to fall by 11,943 MW during June solar eclipse; POSOCO prepares power systems

EnergyWorld


Oil & Gas 360 Publishers Note: Interesting

New Delhi: Power System Operation Corporation (POSOCO) has started preparing power systems for the 21 June annular solar eclipse as it expects a reduction in solar power generation by 11,943 …

EDF Renewables, Enbridge and wpd start construction of the Fécamp Offshore Wind Farm

EDF Renewables, Enbridge and wpd start construction of the Fécamp Offshore Wind Farm

PARISJune 2, 2020 /CNW/ – EDF Renewables, a subsidiary of the EDF Group, Enbridge Inc. (TSX:ENB) (NYSE:ENB), a leading energy infrastructure company in North America, and wpd, a European renewable energy company, announced today the

June 2, 2020 - 2:30 am Press Releases, Renewable Energy, Wind
Source: CNBC

Scandinavian joint venture to specialize in recycling electric vehicle batteries

CNBC


Norsk Hydro and Northvolt have set up a joint venture that will focus on the recycling of both battery materials and aluminum from Norway’s electric vehicle sector.

In an announcement Monday, battery manufacturer Northvolt said the venture, dubbed Hydro …

Source: CNBC

The world’s ‘largest all electric commercial aircraft’ completes its first flight

CNBC


The planet’s “largest all electric commercial aircraft” has completed its maiden flight, the latest example of a zero-emission form of transport taking to the skies.

The Cessna 208B Grand Caravan took off from an airport in Moses Lake, Washington, …

U.S. renewable energy consumption surpasses coal for the first time in over 130 years

U.S. renewable energy consumption surpasses coal for the first time in over 130 years

EIA


In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S. Energy Information Administration’s (EIA) Monthly Energy Review. This outcome mainly reflects the continued decline in …