Persistent claims of chronic underinvestment in the global oil and gas industry are overblown, Rystad Energy research and analysis shows. Investments in the upstream sector have tumbled since spending peaked at $887 […]
PI News Feed
US electric vehicle goals will require up to $127B to install 28M chargers by 2030: NREL
Dive Brief: There will be 30 million to 42 million electric vehicles on U.S. roads in 2030, requiring a rapid, widespread buildout of charging infrastructure that will be focused on homes and […]
World EV Sales Now 16% Of World Auto Sales
Global plugin vehicle registrations were up 50% in May 2023 compared to May 2022, rising to 1,057,00 units. In the end, plugins represented 16% share of the overall auto market (11% BEV […]
Baby the RINs Must Fall – A Decade After the ‘Big Bang’ Are RIN Prices Headed for a Crash?
The Renewable Identification Number (RIN) has long served as the tool used to force renewable fuels like ethanol and soybean oil into the U.S. gasoline and diesel supply. A creation of the […]
Nations Aim to Zero Out Shipping Emissions by Midcentury
Regulators reached a provisional deal on how quickly the transition to zero-emissions fuels should happen for cargo ships, which often burn particularly dirty oil. via NYT > Climate and Environment https://ift.tt/9OebQdA
European Parliament Reaches Broad Deal On Power Market Reform
The European Parliament has reached a broad agreement on the proposed electricity market reform, designed to prevent a repeat of last year’s energy crisis. “We have a DEAL,” tweeted Nicolas Gonzalez […]
California Duck Curve Getting Deeper With Solar Growth
As more solar capacity has come online in California, grid operators at the California Independent System Operator (CAISO) have observed a drop in net load (or the demand remaining after subtracting variable […]
Three More BWRX-300 SMRs Planned for Canadas Darlington Site
GE Hitachi Nuclear Energy (GEH) said it is working on deployment of three additional BWRX-300 small modular reactors (SMRs) at the Darlington New Nuclear Project site in Ontario, Canada. GEH […] The […]
Why Aren’t Regulators Going After Cruise Ships?
A new study commissioned by the European Federation for Transport and Environment revealed that toxic emissions of sulfur oxides from 63 cruise ships belonging to Carnival Corporation were 43% higher than all […]
EVs At 24.6% Share In Germany Tesla Model Y 3rd Overall
June saw plugin EVs at 24.6% share in Germany, down from 26.0% year on year. Full electrics grew their share at a decent rate, up from 14.4% to 18.9%, the share of […]