Energy in the News

Each week, C2ES provides a roundup of top energy news. Each headline below links to the full story at the original news outlet, which is solely responsible for its content.  Additional links to relevant C2ES resources are also provided.

Week of November 17, 2014

Week of November 10, 2014

Week of November 3, 2014

  • Oil prices tumble again (Wall Street Journal)
    U.S. benchmark crude prices tumbled to a three-year low after Saudi Arabia cut prices for U.S. buyers. This is good news for consumers, but sustained lower crude prices could threaten some U.S. producers.
    More from C2ES on oil
  • Progress on world carbon capture projects (ClimateWire - Subscription)
    According to the latest report from the Global CCS Institute, there are now 22 major projects either under construction or operating that capture and store carbon dioxide (CO2) from the industrial and power sectors. The total CO2 captured from these 22 projects will be around 40 million metric tons per year or the equivalent of taking around 8.4 million vehicles off the road annually.
    More from C2ES on carbon capture and storage
  • Keystone XL pipeline prospects get a boost from elections (CBC News)
    With a Republican takeover of the Senate last week, the chances of the Keystone XL pipeline being approved increased. The $8 billion, 830,000 barrel per day, 1,200-mile pipeline would travel from Hardisty, Alberta to Steele City, Nebraska via the Canadian Provinces of Alberta and Saskatchewan, and the U.S. states of Montana, South Dakota and Nebraska.
    More from C2ES on Keystone XL
  • Japanese reactors set to restart early next year (BBC News)
    After clearing a final legislative hurdle, the two reactors at the Sendai Nuclear Power Plant (1,692 MW) are set to become the first of a possible 48 reactors restarted after the 2011 Fukushima disaster.
    More from C2ES on nuclear power
  • China aims to cap some industrial emissions (ClimateWire - Subscription)
    China's National Development and Reform Commission (NDRC) announced that it plans to cap carbon dioxide emissions from the steel and cement industries at 2015 levels.
    More from C2ES on international emissions

Week of October 27, 2014

  • Allowing crude oil exports could lower U.S. gasoline prices (Energy Information Administration)
    A new report from the U.S. Energy Information Administration (EIA) finds that lifting the 40-year old crude oil export ban could result in higher U.S. crude prices and lower U.S. gasoline prices.
  • TransCanada files application for Energy East pipeline (Toronto Globe and Mail)
    TransCanada filed for regulatory approval of its 1.1 million barrel per day, 2,800 mile Energy East crude oil pipeline from Alberta to refineries and ports in Eastern Canada.
    More from C2ES on oil
  • EIA releases updated LNG export study (Energy Information Administration)
    The EIA released an updated study on the effect of increased levels of liquefied natural gas (LNG) exports on U.S. energy markets. The new study looked at much higher LNG export levels (12 to 20 billion cubic feet per day), which the modelers noted were not very likely scenarios. An earlier analysis looked at more modest export levels.
  • Lithuania receives floating natural gas terminal (New York Times)
    Built in South Korea, a floating natural gas terminal will allow Lithuania (Latvia and Estonia) to immediately receive shipments of liquefied natural gas from Norway.
  • Sasol will move ahead with $8.1 billion chemical plant (Bloomberg)
    South African energy and chemicals company Sasol announced that it will construct an $8.1 billion plant in Louisiana that will convert natural gas into plastics and other products.
    More from C2ES on natural gas
  • Emissions drop puts EU just shy of 2020 goal (AP)
    European Union (EU) greenhouse gas emissions fell 2 percent in 2013. The 28-nation bloc has a goal to reduce its emissions 20 percent below 1990 levels by 2020. While many EU countries were meeting their national reduction targets, Germany and Spain were not.
    More from C2ES on emissions
  • Battery storage cheaper than fossil fuel peaker plant? (Financial Times)
    A private Swiss firm, Alevo, claims to have made a breakthrough in electricity storage technology. It plans to invest $1 billion in a new battery plant in North Carolina.
    More from C2ES on electric energy storage

Week of October 13, 2014

  • Lower oil prices means projects at risk (Fuel Fix)
    With the recent sharp decline in oil prices, projects in the Canadian oil sands, offshore fields in Norway and drilling-intensive U.S. shale plays are among the most vulnerable to reduced investment, curtailment or cancellation.
  • Lifting crude export ban might not lower gasoline prices (The Hill)
    Preliminary results from an EIA study suggest that domestic gasoline prices are set in global energy markets, and that lifting the ban on exporting U.S. crude might not have much of a price impact.
    More from C2ES on oil
  • North Dakota announces $4 billion plastic factory (Fuel Fix)
    Badlands NGL unveiled its plans to construct a 3.3 billion pound per year polyethylene factory in North Dakota. The largest private investment ever in the state will help to capture some of the natural gas that is currently being flared due to a lack of natural gas infrastructure.
    More from C2ES on natural gas
  • Exelon to build natural gas CCS project (Exelon Press Release)
    Exelon announced plans for a first-of-its-kind natural gas power plant that produces no emissions. It will produce pipeline quality carbon dioxide, which can be sequestered underground, used for industrial purposes or enhanced oil recovery. The $140 million, 50 MWth facility will be built in Texas, and is expected to be operational in 2016.
    More from C2ES on carbon capture and storage
  • Lockheed claims fusion energy breakthrough (Scientific American)
    Lockheed Martin claims that it has made a technological breakthrough in the area of fusion energy, and believes it could build a compact (seven by ten foot) 100 MW nuclear fusion reactor within 10 years.
    More from C2ES on energy

Week of October 6, 2014

  • Investments in efficiency outpacing renewables: IEA (Bloomberg)
    According to a new report from the International Energy Agency, global investments in reducing energy waste and increasing efficiency are overtaking investments in wind and solar energy.
  • U.S. net energy imports continue to fall (Energy Information Administration)
    U.S. energy production continues to surge, while growth in consumption is modest. As a result, net energy imports are 17 percent lower in the first half of 2014 compared with the same period in 2013.
    More from C2ES on energy
  • Canadian crude exports to US ramping up (Reuters)
    According to EIA data, Canada exported an average of 3.2 million barrels per day of crude to the United States in the week ended October 3, up 18 percent from the previous week and up 35 percent from the same period a year earlier.
  • Oil prices continue to slide (Bloomberg)
    West Texas Intermediate (WTI), the U.S. oil benchmark, fell below $85 a barrel last week (and global crude prices weren’t far behind at around $88 a barrel). If prices continue to fall lower, the economic viability of some non-conventional oil plays could be at risk, lowering overall U.S. production.
    More from C2ES on oil
  • Proposed Texas LNG export facility clears environmental hurdle (Fuel Fix)
    The Federal Energy Regulatory Commission (FERC) has determined that Cheneire’s Corpus Christi liquefied natural gas (LNG) export facility will not significantly harm the environment, clearing the way for full approval.
    More from C2ES on natural gas
  • France reiterates its pledge to reduce nuclear power (Reuters)
    Citing the high cost of maintaining its aging nuclear fleet, France plans to bring down nuclear power’s share of its electricity mix from 75 percent today to 50 percent by 2025.
    More from C2ES on nuclear power

Week of September 29, 2014

  • U.S. CO2 emissions up again (The Hill)
    In the first half of 2014, U.S. carbon dioxide emissions from consumption of fossil fuels were 2.7 percent higher than the same period during 2013, and 6 percent higher than the same period during 2012.
    More from C2ES on U.S. climate pledge
  • Cove Point LNG export terminal clears environmental hurdle (Capital Gazette)
    Dominion Energy’s proposed Cove Point liquefied natural gas (LNG) export facility was approved by the Federal Energy Regulatory Commission (FERC).
  • Australians' natural gas bills soar amid LNG export boom (Wall Street Journal)
    With seven LNG export projects expected to come on line in the next three to four years, Australia will become the largest LNG exporter in the world. Australia’s natural gas prices have risen sharply in anticipation of tighter supplies.
    More from C2ES on natural gas
  • Presidential permit issued for Quebec to Queens power line (Greenwire - subscription)
    The Department of Energy will grant a presidential permit for a $2.2 billion, 1,000 MW power transmission line extending from Quebec to New York City. In 2011, more than 97 percent of Quebec’s electricity came from hydropower.
    More from C2ES on electricity
  • Kemper Plant delayed again (Climate Wire - subscription)
    Startup of Mississippi Power’s Kemper County Energy Facility, which will be the first large-scale U.S. power plant to capture the majority of its carbon dioxide emissions, is being delayed into the second half of 2015 due to issues related to “start up activities and operational readiness.”
    More from C2ES on carbon capture and storage

Week of September 22, 2014

  • Crude by rail is here to stay (Wall Street Journal)
    Initially conceived of as a stopgap measure until pipelines could be constructed, attractive economics have contributed to crude by rail becoming a permanent part of the nation’s energy infrastructure.
    More from C2ES on oil
  • Statoil halts oil sands project (Wall Street Journal)
    Citing high costs and shipping bottlenecks, Statoil has shelved its Corner in-situ oil sands project for at least three years.
    More from C2ES on oil sands
  • California utility plans largest battery energy storage project in North America (Greentech Media)
    Southern California Edison announced plans for an 8 MW lithium-ion battery storage (4-hour duration) demonstration project located near one of California’s best wind resources in the Tehachapi Mountains.
    More from C2ES on electric energy storage
  • Eastern coal production continues to slow (Climate Wire - Subscription)
    According to data from SNL Financial, more than three quarters of the recent drop in national coal production occurred in the Central Appalachian region, i.e., eastern Kentucky, southern West Virginia and southwestern Virginia.
    More from C2ES on coal

Week of September 15, 2014

  • GAO report expects more coal power plant retirements (The Hill)
    The Government Accountability Office reported that around 13 percent of the nation’s 2012 coal power plant capacity will retire by 2025 as a result of environmental regulations, and increased competition from falling natural gas prices, among other things.
    More from C2ES on coal
  • Drilling productivity is rising (Wall Street Journal)
    Innovation in oil and natural gas extraction technology is leading to significant increases in production per new well; some analysts suggest that U.S. supply can continue to rise through 2040.
    More from C2ES on natural gas
  • NRC certifies new reactor design (Greenwire - Subscription)
    The Nuclear Regulatory Commission approved the GE Hitachi Economic Simplified Boiling-Water Reactor (ESBWR) design for use in the United States. The ESBWR is a 1,574 MW reactor, which incorporates passive safety features that would automatically cool the reactor in the event of an accident without the need for human intervention.
    More from C2ES on nuclear power
  • Shell to resume Arctic exploration next summer (Energy Wire - Subscription)
    The Bureau of Ocean Energy Management made public Shell’s plan to drill for oil in Alaska’s Chukchi Sea. The company plans to use 2 rigs to drill up to 6 wells in 2015.
    More from C2ES on oil
  • Demand response market growth rate lowered (Utility Dive)
    A report from Greentech Media has nearly halved the annual growth rate of the demand response market. FERC Order 745, which would have ensured demand response resources received full market prices in wholesale power markets, was overturned by the U.S. Court of Appeals earlier this year.
    More from C2ES on residential end-use efficiency

Week of September 8, 2014

Week of September 1, 2014

  • PNM to ask for rate increase to pay for falling revenues (Utility Dive)
    Public Service Company of New Mexico (PNM) will seek a rate increase to recover its costs. While some areas of the country are beginning to see rising electricity sales in a nationally-improving economy, a weak economy, energy conservation and self-generation like rooftop solar have resulted in lower electricity sales in New Mexico.
    More from C2ES on electricity
  • EPA issues key permit for carbon capture project (Houston Chronicle)
    The Environmental Protection Agency issued a permit that will allow the FutureGen 2.0 clean coal project to store carbon dioxide emissions underground. The commercial-scale (200 MW) power plant aims to capture and permanently sequester nearly all of its carbon dioxide emissions in deep saline aquifers. The Illinois-based project is expected to come online in late 2017.
    More from C2ES on carbon capture and storage
  • Water availability could hamper energy extraction efforts (Fuel Fix)
    A new report from World Resources Institute finds that 38 percent of global shale gas and tight oil resources are in areas where water resources are highly constrained. Typically, energy extraction from these geological formations is extremely water intensive.
    More from C2ES on water and energy
  • Shell’s Appalachia strategy looks promising (Fuel Fix)
    Shell’s two successful discovery wells in Tioga County, Pennsylvania may suggest that the sweet spot of the Utica Shale formation is considerably larger than previously thought.
    More from C2ES on natural gas

Week of August 25, 2014

  • Vancouver approves new coal export facility (CBC)
    Port Metro Vancouver issued a permit to allow the existing deep-water facility - Fraser Surrey dock - to expand and export around 4.4 million tons of U.S. coal per year. Although this facility does not currently ship coal, in 2013 Canada’s largest port (Vancouver) exported nearly 42 million tons of (28.5) metallurgical and (13.2) thermal coal.
  • Australian economist sees end to coal-dominated growth model in China (Sydney Morning Herald
    In a recent report, climate policy expert and economist Ross Garnaut sees Chinese coal consumption falling 0.1 percent per year from 2014 to 2020 – a historic turnaround.
    More from C2ES on coal
  • China to start national carbon market in 2016 (Reuters)
    A senior Chinese climate official, Sun Cuihua, told a conference in Beijing that China plans to launch its national market for carbon permit trading in 2016. When fully operational, it will be the largest market in the world.
    More from C2ES on China and climate change
  • Rail deliveries of U.S. oil continue to increase (Department of Energy Information Administration)
    During the first seven months of 2014 around 8 percent of U.S. oil production was moved via rail. The average volume of crude and refined oil products delivered via rail has doubled since 2012 to more than 1.5 million barrels per day.
    More from C2ES on oil
  • Renewables to generate more than one quarter of electricity by 2020 (The Hill)
    In its latest Medium-Term Renewable Energy Market Report, the International Energy Agency expects more than $1.6 trillion to be invested in new renewable energy capacity between now and 2020, when renewable sources will account for more than one quarter of global electricity generation.
    More from C2ES on renewable energy

Week of August 18, 2014

  • Oregon rejects permit request for coal export facility (Reuters)
    Oregon’s Department of State Lands denied Ambre Energy’s request to build a coal export terminal on the Columbia River at the Port of Morrow. The facility would have exported around 8.8 million tons of coal per year. In 2013, the United States exported 117 million tons of coal. Ambre has 21 days to appeal the decision.
    More from C2ES on coal
  • Massive Wyoming wind farm to proceed with or without federal credit (Casper Star Tribune)
    Power Company of Wyoming announced that its up to 1,000 turbine (3,000 MW) wind farm in Carbon County will proceed regardless of the status of the federal production tax credit. When completed, the Chokecherry and Sierra Madre wind farm will be the largest in the United States.
  • U.S. wind capacity expected to increase 25 percent (Department of Energy)
    In the latest Department of Energy Wind Technologies Market Report, U.S. wind capacity addition forecasts for 2014 through 2016 from Bloomberg NEF, IHS EER, Navigant, and MAKE Consulting increase the current installed capacity (61 GW) by 15.1 to as much as 20.5 GW. In 2013, wind supplied 4.1 percent of total U.S. electric power generation.
    More from C2ES on wind power
  • U.S. firms helping China develop shale resource (Houston Chronicle)
    China, home to the world’s largest, albeit geologically challenging shale resource is sweetening deals with U.S. firms to gain their know-how.
    More from C2ES on natural gas
  • Tennessee reactor on schedule and within budget (The Chattanoogan)
    In its most recent quarterly filing, the Tennessee Valley Authority reports that the Watts Bar Nuclear Plant unit 2 is more than 90 percent complete. The 1,150 MW reactor will most likely go on-line in December 2015 and the final cost is projected to be $4.2 billion. It will be the first new nuclear reactor built in the United States since 1996.
    More from C2ES on nuclear power

Week of August 11, 2014

  • EPA moving forward with rule to protect fish (The Hill)
    After a three-month delay, the U.S. Environmental Protection Agency published the cooling water intake structure rule in the Federal Register last week. More than 1,000 existing power plants will soon be required to implement measures to prevent fish from getting sucked into their cooling water systems. Note that more than 40 percent of the affected facilities have already implemented the required technologies.
    More from C2ES on cooling water intake rule
  • Pipeline firm plans $1.75 billion infrastructure investment (Fuel Fix)
    Columbia Pipeline Group announced its plan to build two new pipelines to move stranded Marcellus and Utica shale gas to nearby states and its interstate network.
    More from C2ES on natural gas
  • South Carolina nuclear reactors delayed (GSA Business)
    SCANA Corp announced that the two 1,117 MW reactors it is constructing at the V.C. Summer Nuclear Station could be delayed by 2 ½ to 3 years from the original schedule. The new expected online dates are late 2018 for one unit and the first half of 2019 for the second unit.
    More from C2ES on nuclear power
  • Oil prices fall on weaker demand and ample supply (Bloomberg)
    World and U.S. benchmark crude oil prices fell last week on weak economic data from the euro area and oversupply in the Atlantic basin.
    More from C2ES on oil
  • India was fourth-largest energy consumer in 2011 (Energy Information Administration)
    With the world’s second largest population, dynamic economic growth and modernization, India’s energy demand continues to rise.
    More from C2ES on energy

Week of August 4, 2014

  • China lowers 2020 shale gas production target (Reuters)
    China has halved its 2020 shale gas production target to 30 billion cubic meters (1,059 billion cubic feet) after early efforts to access the unconventional fuel proved challenging. China is estimated to have the largest technically recoverable shale gas resource in the world.
  • Marcellus shale hits production record (Energy Information Administration)
    Natural gas production from the Marcellus shale formation (Pennsylvania, West Virginia) hit a record high in July, averaging more than 15 billion cubic feet per day.
    More from C2ES on natural gas
  • Exelon seeks compensation for reactors (Chicago Tribune)
    Exelon expects that its Illinois nuclear plants will benefit from state legislation that is being crafted in response to the Environmental Protection Agency’s Clean Power Plan. The company has delayed its decision on whether to close any reactors from the end of this year until June 2015.
    More from C2ES on Clean Power Plan, nuclear power
  • Wind adds 835 MW in first half of 2014 (AWEA)
    The American Wind Energy Association (AWEA) reported that U.S. wind generation capacity additions picked up in the first half of 2014 to 834 MW, compared to just 1.6 MW during the same period in 2013. Globally, the U.S. has the second largest installed capacity at nearly 62,000 MW, while China has more than 91,000 MW.
    More from C2ES on wind power
  • Beijing districts to ban coal by 2020 (Sydney Morning Herald)
    Xinhua is reporting that coal for electric power and other uses will be banned in six inner districts of Beijing by 2020.
    More from C2ES on coal
  • Mexico’s Congress approves changes for energy industry (New York Times)
    Mexico’s Congress has approved a sweeping overhaul of its energy industry, affecting Pemex, its state run oil company as well as creating a competitive electricity market. Mexico is one of the top three suppliers of crude oil to the United States. The legislation is designed to help Pemex boost its sagging output in the coming years, among other things.
    More from C2ES on oil
  • DOE to provide funds for geothermal (The Hill)
    The Department of Energy will provide $18 million for 32 projects that aim to reduce the costs of geothermal energy production.
    More from C2ES on geothermal

Week of July 28, 2014

Week of July 21, 2014

  • China considers cap on coal consumption (New York Times)
    Under pressure to reduce unhealthy air pollution and greenhouse gas emissions, the Chinese government is exploring mitigation options, including putting a cap on coal.
    More from C2ES on coal
  • After a slow 2013, global wind power growth expected to resume (Fierce Energy)
    Wind power supplied around 3 percent of the world’s electric power in 2013. According to Navigant Research, this is expected to grow to more than 7 percent by 2018.
    More from C2ES on wind power
  • Administration opens Atlantic to oil and gas exploration (The Hill)
    The Interior’s Bureau of Ocean Energy Management announced it will allow the use of air guns and sonic sensors off the East Coast to map hydrocarbon potential in the basin – a key first step toward future drilling.
    More from C2ES on oil
  • Natural gas less polluting than coal in power sector (Climate Wire - Subscription)
    National Renewable Energy Laboratory scientists have performed an apples-to-apples comparison (harmonization) of eight previously reported life-cycle analyses of unconventional natural gas. They found that from production at the wellhead to its burning in power plants shale gas emits about half as much carbon as coal over its life cycle.
  • Natural gas prices continue to decline (Bloomberg Businessweek)
    Below-normal temperatures in many areas of the country, yet again, have lowered demand for natural gas in the power sector (power plants account for 31 percent of natural gas consumption). August futures on the New York Mercantile Exchange settled at $3.78/MMBtu on Friday. Prices have declined 20 percent over the past six weeks.
    More from C2ES on natural gas

Week of July 14, 2014

  • Australia repeals carbon tax (Wall Street Journal)
    Australia's senate voted to repeal the country's politically divisive carbon tax. Australia is the 12th largest economy in the world and one of the largest carbon dioxide emitters on a per capita basis – carbon dioxide emissions divided by GDP – due to its heavy reliance on coal-fired power plants.
    More from C2ES on carbon tax
  • EIA predicts slowdown in power plant growth (Energy Information Administration)
    Business-as-usual modeling from the Energy Information Administration projects that just 351 GW of new electric generating capacity will be built between 2013 and 2040 in the power and end-use sectors. In 2012, the United States had around 1,060 GW of electric generating capacity. The majority of new capacity is projected to be natural gas-fired.
    More from C2ES on electricity
  • Utility-scale solar on course to add 3.8 GW in 2014 (Utility Dive)
    Utility-scale solar projects continue apace according to a new report from GTM Research. In the first half of 2014, around 1.1 GW of utility-scale solar capacity was added, bringing the total to around 7 GW.
    More from C2ES on solar power
  • NRG announces $1 billion Texas carbon capture project (Reuters)
    NRG Energy and JX Nippon Oil & Gas Exploration announced their Petra Nova Carbon Capture Project, which will capture 1.6 million tons of carbon dioxide per year from a refurbished coal-fired power unit for enhanced oil recovery beginning in 2016.
    More from C2ES on Carbon Capture and Storage
  • N.Y. nuclear reactor at risk of retirement (Energywire - Subscription)
    Exelon has requested assistance from the New York Public Service Commission to compel utility Rochester Gas & Electric to negotiate an agreement to purchase power from its Ginna Nuclear Power Plant (581 MW, located in Ontario, NY).
  • Japan completes first safety assessment of nuclear reactors (Bloomberg)
    Japanese Nuclear Regulation Authority has completed its first assessment of a nuclear power plant. The Kyushu Electric Power Company's Sendai facility in southern Japan has passed safety checks. The utility hopes to resume operations this autumn.
    More from C2ES on nuclear power
  • China behind schedule on offshore wind development (Bloomberg)
    With only 429 MW in place at the end of 2013, officials announced that China will not meet its goal to build more than 5,000 MW of offshore wind turbines by 2015.
    More from C2ES on wind power

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