"Many developers bid aggressively in state auctions to win those contracts but are now locked into agreements that didn’t account for rising costs, said Sam Huntington, director of North American power and renewables at S&P Global Commodity Insights."
Articles from Around the Web
NET Power Announces its First Utility-Scale Clean Energy Power Plant Integrated with CO2 Sequestration
"NET Power’s transformational technology produces power while inherently capturing nearly all emissions with its patented oxy-fuel combustion and supercritical CO2 cycle. These plants produce clean, on-demand power at low cost and address critical issues of air quality and land use, virtually eliminating air emissions including nitrogen oxides (NOx), sulfur oxides (SOx), and carbon dioxide (CO2)."
Carbon Engineering begins work on supporting multi-million tonne Direct Air Capture facilities in South Texas
"CE has been contracted by its U.S. development partner, 1PointFive, for the front-end planning and engineering of a one-megatonne DAC facility that is intended to be replicated into multi-million tonne deployments. The design is being adapted from the first large-scale, commercial facility to use CE’s DAC technology, which is already under construction in the Texas Permian Basin, and is anticipated to form the basis of accelerated large-scale deployments in the U.S."
Washington State Ban on Natural Gas Heating Is All Cost, No Benefit
"The decision to ban natural gas heating is emblematic of the state of climate policy in the United States. Policies are chosen based on the desire of politicians to appear righteous when addressing the 'climate crisis.'
Jeff Bezos says he plans to give away most of $124B fortune during lifetime
"Bezos said he plans to devote his wealth to combatting climate change and toward people who he considers 'unifiers.'"
Climate Reparations and the Problem of Pervasive Corruption
"In its latest analysis, Transparency International reports that the average corruption perception score index for sub-Saharan countries is 33 out of a possible score of 100. G77 leader Pakistan scores 28. One reason people living in poor countries remain especially vulnerable to climate change is because government thievery and incompetence have held back the economic growth that would enable them to create the wealth with which to defend themselves. Even if rich countries were willing to pony up tens of billions in climate reparations, very little of the money would likely reach the citizens who are suffering the brunt of weather disasters."
Here’s why gas prices will remain high after the midterm elections
“'On a global level, the 15 million barrels equates to a few hours’ worth of consumption,” [Loris] said. 'That’s not really going to move the needle on prices at the pump, especially because the market is already anticipating the release of the reserves.'”
Banning energy exports is a terrible idea
"None of us are happy with the prices we are paying for gasoline, diesel and other petroleum products. And that is precisely why policymakers have a responsibility to look for real solutions. A refined product export ban would do more harm than good, raising domestic prices and hanging our allies out to dry."
U.S. Coal Plant Closures Continue, While China Rapidly Builds More
Darrell Proctor writes for Power about coal plant closures in the United States. “China announced the new-builds during the first half of this year, despite the country’s pledge to become carbon neutral by 2060. Chinese officials have said they are looking at an emissions peak for the country before 2030.” Read the full article here.
Eggs found to remove salt and microplastics from seawater
"Other proteins also worked indicating that the material can potentially be produced in large quantities relatively cheaply and without impacting the food supply. Now, the researchers are focused on refining the fabrication process so it can be used in water purification on a larger scale."









