Experts are telling legislators in Arkansas the state needs to speed up work on building renewable energy resources if the state’s coal plants go offline as scheduled by the end of the decade. Arkansas currently has no operational wind projects and this week, a legislative committee heard the state needs to replace some …
Category: Wind Energy
Energy briefs
** Boeing will lay off more than 2,500 workers in the U.S. states of Washington, Oregon, South Carolina and Missouri, according to federally required filings posted on Monday and a union official, as part of the debt-heavy U.S. planemaker’s plan to cut 17,000 jobs, or 10% of its global workforce. ** Just days after announcing a …
Biden says no one can reverse his clean energy progress
In the waning days of his administration, President Biden has declared there’s no going back on the “clean energy revolution” he started. Speaking from the Amazon rainforest in Brazil and in an obvious reference to President-elect Donald Trump, he said nobody can reverse US progress on clean energy. While the Biden administration …
New Mexico electric cooperatives under renewable energy mandates
Rural electric cooperatives in New Mexico face some tough renewable energy requirements put upon them by the state’s Public Service Commission. By next year, they will be required to have at least 40% renewable energy and by 2030, the co-ops will be forced to have 50% renewables. It is even higher by 2050, according …
Energy briefs
** The Biden administration is weighing a last-ditch push for an international agreement that would restrict financial support for foreign oil and gas projects before critical talks start in Paris. ** Donald Trump’s pick for energy secretary called net zero a “sinister goal” and drank bleach on camera. Chris Wright, the founder and chief executive of Denver-based Liberty …
Solar and wind can’t totally replace natural gas for power generation says SPP
When wind and solar power are unable to fulfill demands for electricity generation, what’s the option? The Southwest Power Pool says it’s natural gas and executives made their point this week during a panel discussion at the National Association of Regulatory Utility Commissioners’ annual meeting in Anaheim, California. It was an emphasis for continued use …
Energy briefs
** Boeing (BA) said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce. ** Frontier Communications shareholders have approved a $9.6 billion sale to Verizon, the company said on Wednesday, even as …
Slight decline in 3Q earnings for PHX Minerals
PHX Minerals recorded a slight drop in net income in the third quarter, slipping from $1.3 million and 4 cents a share in the second quarter to $1.1 million and 3 cents a share as the company also saw declines in production and converting wells in production. The Fort Worth-based company said earnings compared …
Energy predictions from the EIA
Where are the US and the rest of the world going when it comes to energy consumption? Here’s the latest predictions from the U.S. Energy Information Administration: Global oil consumption. India has emerged as the leading source of growth in global oil consumption in our forecast. Over 2024 and 2025, India accounts for 25% …
Energy briefs
** Exxon Mobil Chair and CEO Darren Woods urged the incoming Trump administration to avoid making turbulent climate policy swings — and he pushed the president-elect to reject carbon border taxes favored by some GOP lawmakers. In an interview with POLITICO, Woods signaled that one of the most powerful players in the energy industry might serve as …
