"Two years of oil and gas restrictions, reduced refinery capacity, and political and social pressure on companies across the value chain of oil and gas have affected America’s ability to raise output quickly in the face of rising oil prices. It’s not too late to lower oil prices, but it will have to start at home."
"And federal red tape is not the only problem. Energy expert and author of A Question of Power: Electricity and the Wealth of Nations, Robert Bryce has compiled a handy database of solar and wind projects that have been rejected by local U.S. jurisdictions. Since 2015, some 371 wind farms and 102 solar plants have succumbed to 'not in my backyard'-ism."
"Kore isn’t primarily focused on EVs, although it does plan to supply its battery cells to electric-drivetrain startup ZEVX and potentially to other automakers. It’s also aiming at the stationary-storage market, another market segment that has received a significant boost from tax incentives in the Inflation Reduction Act. In March, Kore acquired Northern Reliability, a storage-system integrator and developer that it has renamed Kore Solutions, to serve these markets."
Reuters reports that X-energy will go public. “Climate awareness and investor interest in sustainable business practices have surged this year with money managers looking to factor in environmental social governance (ESG) policies as impact-investing gains momentum.” Read the full article here.
"The report concluded by stating the growth of renewables has been a significant source of revenue for local jurisdictions and landowners across Texas, but any policy changes that reduce renewable or storage deployment in Texas will reduce these benefits, which are a lifeline to many rural communities across the state."
Surly House Republicans aren’t responsible for Biden’s decision not to act presidential
Pink hydrogen could soon play a key role in our clean energy mix.
"Overall, the Calgary-based firm has raised roughly $220 million to date in VC and grant finance, and is now raising a $145 million Series B round, Redfern tells Axios."
"If we want to reduce emissions we must deploy more clean energy technologies at scale in the United States. When it comes to CCS, the financial interest, bipartisan support and government incentives are all there to do so. We just need the EPA to act with the urgency we all agree is necessary."
"Utilities, system operators and regulators often rely on a 1-in-10 reliability standard that requires planning margins sufficient to ensure load shedding occurs only once in a decade. But power experts say this standard may no longer recognize the reality of today’s constrained electric grids, and requiring greater reliability means higher prices."
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