Category: Energy News Beat

House sets vote on energy efficiency, mining bills

Energy News Beat Republicans will try again to pass legislation on mining and against Department of Energy efficiency mandates. The post House sets vote on energy efficiency, mining bills appeared first on E&E News by POLITICO. The post House sets vote on energy efficiency, mining bills appeared first on Energy News Beat.  

National Grid’s Viking Link sets world record

Energy News Beat National Grid‘s Viking Link interconnector has been officially recognized by GUINNESS WORLD RECORDS as the longest land and subsea HVDC interconnector. Spanning 757 kilometres between rural Lincolnshire and Revsing in Denmark, the project received its title at the Lincolnshire converter station. Jointly owned and operated by National Grid and Energinet, the interconnector […]

Oil and gas firms granted access to drill under UK offshore wind farms

Energy News Beat The government is set to make a significant announcement this Friday, granting permission for fossil fuel companies to explore for oil and gas beneath offshore wind-power sites. The move, disclosed by the North Sea Transition Authority (NSTA), responsible for regulating North Sea oil and gas production, will issue licences to approximately 30 […]

Sheffield Gets Khan’ed!

Energy News Beat Daily Standup Top Stories Tesla battery material supplier tops list of human rights abuses for second year in a row May 4, 2024 Stu Turley Tesla buys battery materials from the mining giant with the most allegations of human rights abuses against it in a database of abuses tied to clean energy. Mining […]

AI could drive a natural gas boom as power companies face surging electricity demand

Energy News Beat Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers. Electricity demand is forecast to grow 20% by 2030, according to Wells Fargo. Power companies say gas is needed to meet demand when renewable energy sources are not generating […]

Environmentalists ignore renewables’ waste

Energy News Beat ENB Pub Note: This is a major topic, and the land reclamation and disposal of wind and solar components need to be addressed at the front end of the projects. Farmland and landowners are getting stuck at the end of the projects. Sustainable energy has to include reclamation and fiscal responsibility.  The […]

Vestas shares fall after posting earnings loss, revenue decline

Energy News Beat Vestas (VWDRY) shares fell Thursday after the company reported a first-quarter adjusted EBIT loss and lower revenue year-on-year. Vestas’s first quarter adjusted EBIT came in at -EUR68 million. Analysts had forecasted an adjusted EBIT profit for the company. Revenue for the quarter came in at EUR2.68 billion, 5.2% below the EUR2.83 billion […]

G7 Agrees To End Coal Use But Can It?

Energy News Beat The United States, the UK, Italy, France, Japan, Germany, and Canada this week struck an agreement to end the use of coal for power generation by 2035. Coal as a source of power generation across the G7 economies accounted for about 15% of the energy mix. Despite big additions of renewable energy […]

Chevron working to resume full Gorgon LNG production after ‘mechanical fault’

Energy News Beat Chevron Australia, a unit of US energy giant Chevron, is working to resume full production from its Gorgon LNG terminal in Western Australia following a “mechanical fault” which is affecting one LNG production train. “The fault occurred about 3pm AWST on Tuesday, April 30 in a turbine,” a Chevron Australia spokesperson told […]

Cheniere: Q1 revenue down to $4.3 billion, Corpus Christi expansion 56 percent complete

Energy News Beat US LNG exporting giant Cheniere reported a 42 percent drop in its quarterly revenue due to lower prices, while its net profit decreased 91 percent. The company’s Corpus Christi Stage 3 project is 55.9 percent complete. The owner of the Sabine Pass and Corpus Christi LNG export terminals said on Friday its […]