Colorado Gov. Jared Polis has entered the fray over Xcel Energy’s decision last week to shut off power during a weekend wind storm that packed winds of 100 miles an hour. He’s ordered an investigation after Boulder County officials complained the utility firm’s decision was made without much notice. Some customers were without power …
** The U.S. Energy Information Administration (EIA) decreased its forecast for U.S. coal exports following the collapse of the Francis Scott Key Bridge and the resulting closure of the Port of Baltimore. In its April Short-Term Energy Outlook (STEO), EIA reduced its forecasts for U.S. coal exports for April by 33% and for May by 20% from previous …
** – Jamie Dimon said US delays of liquefied natural gas projects were done for political reasons to pacify those who believe oil and gas projects should simply be stopped — a position he calls “wrong” and “enormously naïve.” The head of JPMorgan Chase & Co. made the comments Monday in his annual shareholder letter, in …
Other states have already implemented required aircraft safety light programs for wind farm operations. Oklahoma might soon be joining the movement. Oklahoma is considering the same move in SB1913 which applies to what is called light-mitigating technology. It is simply aircraft detection systems which allow wind farm lights to be turned off unless the …
** Apple lays off more than 600 employees in California after canceling its electric vehicle development project. ** In a move signaling a shift toward a greener energy landscape, the Biden administration is considering expediting the retirement of coal-fired power plants across the United States. This development comes as part of the administration’s strategy to reduce pollution from …
** One of the strongest windstorms in Colorado in years left thousands of homes in metro Denver without power this weekend, and it could take through Monday to get electricity fully restored. Denver saw winds averaging 60 to 70 mph on Saturday. At one point, the foothills reported wind gusts of more than 100 mph. Hundreds of flights …
Here on the eastern edge of the Permian Basin, stable paychecks and the chance to travel draw young people like Vasquez into the wind industry. And once Vasquez secures his associate’s degree in wind energy technology, he knows he has a good shot of finding a job in the field after college. But …
** Exxon’s upstream division will take a hit of as much as $1 billion from lower oil and gas prices, the Spring, Texas-based company said in a filing Wednesday. Additionally, earnings will fall by as much as $1.3 billion due to “timing effects,” which include unsettled derivatives from trading. ** Vice President Kamala Harris and Environmental Protection …
You never know what politics will bring. Take for example Oklahoma House Speaker Charles McCall’s HB2950 which he introduced in February and included a proposed renewable energy tax…a tax he threw in after renewable energy firms fought the Right of First Refusal bill supported by utilities. The Right of First Refusal bill, HB4097 pitted …
Macquarie Group, the same company sued by the state of Kansas following the 2021 Winter Storm Uri and also under investigation by the state of Oklahoma is pouring billions into an offshore wind project through one of its divisions. Macquarie Asset Management, the asset management division of Macquarie Group , is investing $50 …
