Wed.Jan 29, 2025

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Talen, PJM Reach Agreement to Keep 2 GW of Coal, Oil Generation Online for Reliability in Maryland

POWER Magazine

Talen Energy has reached an agreement with PJM Interconnection, the Maryland Public Service Commission, Maryland electric utilities, consumer representatives, and the Sierra Club to extend operations at its 1.3-GW coal-fired […] The post Talen, PJM Reach Agreement to Keep 2 GW of Coal, Oil Generation Online for Reliability in Maryland appeared first on POWER Magazine.

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A visit to Metafuels SAF 'Aerobrew' lab and pilot plant

Oilholics Synonymous Report

(Left to right: Leigh Hackett, Chairman of Metafuels, Marco Ranocchiari, Leader of Energy Systems Integration platform, Paul Scherrer Institute, Gaurav Sharma, Energy Analyst, Oilholics Synonymous, Saurabh Kapoor, CEO of Metafuels at the Aerobrew pilot plant and laboratory.) Last month, the Oilholic headed out to the Paul Scherrer Institute in Wrenlingen, Switzerland, to visit a laboratory and pilot site run by start-up firm Metafuels.

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Examining the Real Cost of Renewable Resiliency

POWER Magazine

In the face of escalating climate challenges, renewable energy asset owners come to a critical crossroads: invest in resilient, hardened assets or opt for standard equipment to minimize upfront costs. […] The post Examining the Real Cost of Renewable Resiliency appeared first on POWER Magazine.

Energy 287
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Electric vehicles: a shift in the resource landscape for the transportation market, by Paul Mier

Energy Central

The massive US and worldwide transportation sectors are fueled mostly by crude oil. Although ethanol and compressed natural gas (CNG) have grown to 6% and 2%, respectively of the US total, gasoline, diesel, and jet fuel account for more than 90% with very little from electric vehicles (EVs) using electricity or fuel cell vehicles (FCVs) using hydrogen.

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PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap

POWER Magazine

PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJMs capacity market pricing, agreeing to lower the grid operators auction price cap from over $500/MW-day to $325/MW-day. […] The post PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap appeared first on POWER Magazine.

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EV Fleet Management and V2G for Fleet Managers

True Energy

Written by Marc Published January 30, 2025 Written by Marc Published January 30, 2025 EV Fleet Management and V2G for Fleet Managers EV Fleet Management and V2G could transform how businesses optimize vehicle operations and interact with the energy grid. Enabling fleets with vehicle-to-grid solutions can unlock cost savings, enhance grid stability, and drive a more sustainable energy future.

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DeepSeek Launch Should Prompt AI Security Reviews Across the Nuclear Industry

POWER Magazine

The new artificial intelligence (AI) model from China called DeepSeekcreated a stock market meltdownon Monday, with the Nasdaq composite dropping 3% and the S&P 500 falling 1.5%. Beyond hammering the […] The post DeepSeek Launch Should Prompt AI Security Reviews Across the Nuclear Industry appeared first on POWER Magazine.

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Solar Trade Group’s Plan: 700 GWh of Energy Storage by 2030

POWER Magazine

The Solar Energy Industries Association (SEIA) published a white paper outlining the industry group’s vision for U.S. energy storage, setting a target to install 10 million distributed energy storage sites […] The post Solar Trade Group’s Plan: 700 GWh of Energy Storage by 2030 appeared first on POWER Magazine.

Energy 148
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Broader DeepSeek Market Reaction Extended into USA Natural Gas

Rigzone: News

The broader market reaction to the new R1 AI model from DeepSeek extended into U.S. natural gas, analysts at Standard Chartered Bank said in a report sent to Rigzone.

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Pertamina taps ABL for Cilacap refinery project

Oil & Gas Journal

PT Pertamina let a contract to ABL Group ASA to deliver services for a project to improve asset management and maintenance for a modernization program at PT KPI's Cilacap complex in Central Java.

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EnQuest to Acquire Harbour's Vietnam Assets

Rigzone: News

'Our entry into Vietnam is highly complementary to EnQuest's well-established and high-performing Malaysia business and significantly enhances the scale of our operations and opportunity in South East Asia'.

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Glacial Attrition

Energy Central

Climate Central: "Year of the Glacier." I like the bar chart because it starts in my birth year, but lament it for not incorporating 2024 data, almost certainly because of the lag time in accruing all the data. "2025 marks the International Year of Glaciers' Preservation, a United Nations-led initiative to raise awareness about the critical role of glaciers and the urgent.

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US FERC Affirms Approval for Transco Pipeline Expansion in Remanded Case

Rigzone: News

Acting on a court remand, the regulator redeclared a decision to grant authorization for an Atlantic pipeline expansion project by Transco.

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Pratt & Whitney Hydrogen Engine Projects Promise of Steam Injection

Energy Central

Pratt and Whitney

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Atlas Buys Power Tech Firm Moser for $220 Million

Rigzone: News

'The combination of Atlas's completion platform and Moser's distributed power platform creates an innovative, diversified energy solutions provider'.

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What’s Next for Diversified Energy? Exploring the $1.3 Billion Maverick Deal

Rextag

Maverick Natural Resources has operations in Texas and Oklahoma Diversified Energy (DEC) has agreed to acquire Maverick Natural Resources, a private-equity-backed oil and gas producer, in a deal valued at approximately $1.3 billion, including debt. The agreement, finalized on Monday. Upon completion, the merged entity will hold an enterprise value of roughly $3.8 billion, factoring in Diversified Energys assumption of $700 million in Mavericks outstanding debt.

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EIA Increases 2025 USA Diesel Price Forecast

Rigzone: News

According to its January STEO, the EIA sees the diesel price averaging $3.66 per gallon in 2025.

IT 52
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3rd Annual World Biopolymers and Bioplastics Innovation Forum

Energy Central

The global bioplastics production will more than triple over the next five years (2021-2026), from around 2.4 million tons in 2021 to 7.5 million tons in 2026, according to market data compiled by European Bioplastics. The development of biodegradable, biobased polymers and plastics from renewable sources such as plants, animals, and microorganisms are gaining engrossing attention nowadays as.

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6 MW Solar Farm Goes Online in Fitchburg, Wisconsin

Rigzone: News

Madison Gas and Electric put into service the six-megawatt Strix Solar facility in Fitchburg, Wisconsin.

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IPAA Announces New Chairman

Rigzone: News

The Independent Petroleum Association of America (IPAA) has announced its new board chairman.

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KBR Scores Contract to Support Saudi Energy Future

Rigzone: News

KBR will contribute to the delivery of Aramco's Master Expansion Program and increase gas handling capacity at key regional locations.

Energy 52
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ADNOC Says Achieved Benchmark Low Carbon Intensity at Shah Oil Field

Rigzone: News

The Shah field's carbon intensity is now 0.1 kgCO2e/boe, a benchmark among global oil fields, according to ADNOC.

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