"The funding will support the scale-up of EH2’s high throughput electrolyzer technology and the manufacturing and deployment of demonstration projects to produce fossil-free hydrogen (also known as 'green hydrogen') at large scale for industrial and infrastructure applications."

"Maxim Timchenko, DTEK’s chief executive, said that once the statcoms or batteries are in place, exports can rise slowly to 1.6 gigawatts a day, up from current deliveries of about 350 megawatts a day to Poland and Moldova, and that they could rise further if more power lines to Europe are restored. 'Ukraine can become one of the major suppliers of clean energy to the European countries,' he said."

"Mr. Biden’s options to ease prices in the coming months are limited, according to analysts and economists. U.S. refining capacity has declined to about 17.9 million barrels a day as of the beginning of 2022, down about 5.4% from the start of 2020, according to the Energy Information Administration."

"While gas prices are largely a result of global markets, policy decisions affect future supplies and investments. The ill-considered energy agenda being pushed forward by the White House has hurt American companies and consumers alike."

"Seventeen months later, greenhouse gas emissions are up, renewable-power development has slowed, and oil and coal consumption are on the rise. The biggest aspects of the green agenda are stuck in Congress, while Mr. Biden, facing surging energy prices and inflation, urged U.S. oil refiners this week to expand capacity."

“'We are excited to be scaling up our innovative technology with experienced investors and partners who recognize the need to decarbonize natural gas and the opportunity that turquoise hydrogen production represents,' said Eric McFarland, CTO of C-Zero. 'Natural gas provides a quarter of the world’s energy, so the scale of the opportunity ahead of us is enormous. But we cannot do it alone.'"

"Germany’s first LNG import facility won’t come online until later this year at the earliest. Nor will a new LNG terminal in the Netherlands. A fire at Freeport LNG’s major export plant in Texas, meanwhile, will limit U.S. LNG exports for several months. China’s stop-start emergence from lockdown is likely to boost demand in Asia, increasing the contest for scarce gas."

"Today, about two-thirds of FPL's power comes from natural gas, which generates carbon emissions but less than oil and coal. Another 20% comes from nuclear, 4% from solar, while the rest comes from the Georgia plant and other sellers."

Eric Boehm of Reason writes on Biden’s Big Oil blame game. “Biden can’t flip a magic switch to increase the gasoline supply or otherwise bring down prices at the pump. Expanding the available supply supply of crude oil or the capacity of refineries takes time and money—and those investments are less likely to happen as...

"But the IEA said supplies would soon match demand, adding: 'After seven consecutive quarters of hefty inventory draws, slowing demand growth and a rise in world oil supply through the end of the year should help world oil markets rebalance.'"