** The Biden administration is announcing it will spend $1.3 billion of new federal funding to help create three new, massive electrical transmission lines in the Southwest and New England, in an effort to improve the nation’s power grid and get more renewable energy into America’s homes and businesses. ** Hedge funds are laying bets on uranium, …
Category: Wind Energy
Energy updates
** The Scheduled Special Meeting of the Oklahoma Space Industry Development Authority (OSIDA) scheduled for November 1st, 2023 has been cancelled. ** Cheniere Energy Partners, L.P.declared a cash distribution of $1.03 per common unit to unitholders of record as of November 6, 2023, comprised of a base amount equal to $0.775 and a variable amount …
Brief energy stories
** The Biden administration issued a federal plan Thursday to remove all remaining oil and gas infrastructure located off the California coast once they stop producing. ** Sen. Joe Manchin, D-W.Va., blasted the Biden administration Thursday for its actions delaying a major offshore oil and gas lease sale, and called for it to move forward with the sale within two …
Energy short stories
** High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker. ** Republican Wyoming Gov. Mark Gordon is facing criticism for his recent comments pledging to reduce his state’s carbon emissions …
NextEra Energy to focus on improvements to existing wind farms
Even as NextEra Energy took part this week in an Oklahoma legislative committee study of a possible Right of First Refusal law in the state, the company was releasing quarterly returns and stating it plans to repower 740 megawatts of wind operations through 2026. A major player in Oklahoma’s wind industry, NextEra Energy indicated …
Energy briefs
** Chevron Corp.’s mega deal to acquire Hess Corp has thrown into question the future of Hess Midstream Partners. The terms of the deal so far do not specify whether Chevron will purchase Hess Midstream LP, which transports crude, gas and water in and around North Dakota. ** Hess Corp. will continue selling its toy …
Kansas woman fights eminent domain for renewable energy projects
A woman known for her skepticism of renewable energy urged a special legislative committee in Kansas this week to give more leverage to property owners who don’t want wind and solar power projects and transmission lines on their land. Virginia Crossland-Macha, leader of Stand for the Land Kanas, spoke to a committee and spent …
Energy headlines
** Chevron agreed to buy U.S. rival Hess for $53 billion in stock in a deal that reflects top U.S. energy companies drive for oil and gas assets in a world seeking lower-risk future fossil supplies and higher shareholder returns. The proposed deal amps up competition between Chevron, the No. 2 U.S. oil and gas producer, and …
Grainbelt Express moves closer to start of construction
The immense project designed to carry wind-powered electricity from Southwest Kansas and across Missouri to Illinois and Indiana is closer to actual construction. For more than ten years, developers of the $7 billion Grain Belt Express, a project aimed at carrying 5,000 megawatts of power more than 800 miles, have faced regulatory fights and legal challenges. …
Other energy developments
** Navigator CO2 Ventures announced it will cancel its plans for a 1,300-mile (2,092-kilometer) pipeline across five Midwestern states that would have gathered carbon dioxide emissions from ethanol plants and buried the gas deep underground. The Heartland Greenway project would have carried planet-warming CO2 emissions from more than 20 plants across Illinois, Iowa, Minnesota, Nebraska and South …
