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Nation's largest oil refinery forced to shut down as Harvey floods Port Arthur

money.cnn.com - Julia Horowitz and Jill Disis - August 30th 2017

The largest oil refinery in the country is shutting down as Hurricane Harvey causes more catastrophic flooding, and more have followed suit.

Early Wednesday, Motiva said it started closing its Port Arthur refinery "in response to increasing local flood conditions." The plant won't open until flood waters recede.

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Global fuel prices jump as Harvey's impact ripples beyond U.S. Gulf

reuters.com - Erwin Seba and Devika Krishna Kumar - August 31st 2017

Tropical Storm Harvey’s impact on the energy industry spread worldwide as flooded U.S. refiners and closed fuel pipelines threatened to squeeze national supply, roiling global fuel markets and rerouting millions of barrels of fuel to the Americas to avert shortages.

The storm, which lashed Louisiana with rain on Thursday, has pummeled the U.S. Gulf Coast, immersing Houston, Texas, and the surrounding area in several feet of water and forcing the closure of about a quarter of U.S. refining capacity.

Benchmark U.S. gasoline prices RBc1 and margins RBc1-Clc1 surged anew on Thursday.

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Utilities companies won't let you sell your own solar power. Why not?

The electric utility sector is broken – but the transformation we need will be virtually impossible so long as a handful of wealthy elites are calling the shots

           

Utilities companies have their sights on ending net-metering: your ability to sell excess power at market rates. Photograph: Rex

CLICK HERE - REPORT - Energy and Policy Institute - Utilities Knew: Documenting Electric Utilities’ Early Knowledge and Ongoing Deception on Climate Change From 1968-2017

theguardian.com - by Kate Aronoff - August 1, 2017

A new report from the US-based Energy and Policy Institute last week found that investor-owned utilities have known about climate change for nearly 50 years – and done everything in their power to stop governments from doing anything about it.

From their commitment to toxic fuels to their corrosive influence on our democracy to their attempts to price-gouge ratepayers, it’s long past time to bring the reign of privately-owned electric utilities to an end.

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Britain to Ban Sale of All Diesel and Petrol Cars and Vans from 2040

Plans follow French commitment to take polluting vehicles off the road owing to effect of poor air quality on people’s health

           

Ministers believe poor air quality poses largest environmental risk to public health in UK. Photograph: Peter Macdiarmid/Getty Images

theguardian.com - Anushka Asthana and Matthew Taylor - July 25, 2017

Britain is to ban all new petrol and diesel cars and vans from 2040 amid fears that rising levels of nitrogen oxide pose a major risk to public health.

The commitment, which follows a similar pledge in France, is part of the government’s much-anticipated clean air plan, which has been at the heart of a protracted high court legal battle. 

The government warned that the move, which will also take in hybrid vehicles, was needed because of the unnecessary and avoidable impact that poor air quality was having on people’s health.

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ALSO SEE RELATED ARTICLE HERE - Electric cars win? Britain to ban new petrol and diesel cars from 2040

 

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Multi-Billion Dollar Electric Grid Risks Need Risk Transfer: Swiss Re

CLICK HERE - REPORT - Swiss Re - LIGHTS OUT: THE RISKS OF CLIMATE AND NATURAL DISASTER RELATED DISRUPTION TO THE ELECTRIC GRID - 25 July 2017

artemis.bm - July 25, 2017

Risks to the electric grid due to severe weather, natural catastrophes and climate change can cause losses in the billions of dollars, and while threats make our energy future more uncertain there is a role for risk transfer and potentially the capital markets in helping to stave off economic disruption.

A new report published by reinsurance firm Swiss Re but authored by students at the Johns Hopkins University School of Advanced International Studies (SAIS) explains that the electric grid is among the most important pieces of our critical infrastructure, but is also one of the most exposed to natural disasters, weather and climate related threats.

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Just 100 Companies Responsible for 71% of Global Emissions, Study Says

A relatively small number of fossil fuel producers and their investors could hold the key to tackling climate change

           

An oil rig exploring for oil and gas. A new report says more than 50% of global industrial emissions since 1988 can be traced to just 25 companies. Photograph: Dazman/Getty Images/iStockphoto

CLICK HERE - The Carbon Majors Database - CDP Carbon Majors Report 2017 (16 page .PDF report)

the guardian.com - by Tess Riley - July 10, 2017

Just 100 companies have been the source of more than 70% of the world’s greenhouse gas emissions since 1988, according to a new report.

The Carbon Majors Report (pdf) “pinpoints how a relatively small set of fossil fuel producers may hold the key to systemic change on carbon emissions,” says Pedro Faria, technical director at environmental non-profit CDP, which published the report in collaboration with the Climate Accountability Institute.

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When Will Electric Cars Go Mainstream? It May Be Sooner Than You Think

           

A Volkswagen e-Golf electric car being charged in Dresden, Germany, in March. Volkswagen and Tesla each have plans to produce more than 1 million electric vehicles per year by 2025. Credit Fabrizio Bensch/Reuters

CLICK HERE - Bloomberg New Energy Finance (BNEF) - Electric Vehicle Outlook 2017

nytimes.com - by Brad Plumer - July 8, 2017

As the world’s automakers place larger bets on electric vehicle technology, many industry analysts are debating a key question: How quickly can plug-in cars become mainstream?

The conventional view holds that electric cars will remain a niche product for many years, plagued by high sticker prices and heavily dependent on government subsidies.

But a growing number of analysts now argue that this pessimism is becoming outdated. A new report from Bloomberg New Energy Finance, a research group, suggests that the price of plug-in cars is falling much faster than expected, spurred by cheaper batteries and aggressive policies promoting zero-emission vehicles in China and Europe.

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United States - Russia - Cyber Weapons

In January 1982, President Ronald Reagan approved a CIA plan to sabotage the economy of the Soviet Union through covert transfers of technology that contained hidden malfunctions, including software that later triggered a huge explosion in a Siberian natural gas pipeline.

This week it is being reported that former President Barack Obama authorized the planting of cyber weapons in Russian infrastructure in the final weeks of his presidency in response to Moscow’s interference in the 2016 presidential election. The project, not completed before the end of Obama’s term, reportedly left the weapons in President Trump’s control after he took office.

In 1982 the Soviets were at least a decade behind the West in computers and microelectronics. Since then, the Russians are thought to have caught up with western technology, and might now have the same capabilities as the United States.

If a cyber war of this nature were to break out in the future . . . who would be on the front lines?

Documentation for these occurrences will be posted within the links below, including a summary on the 1982 incident from the C.I.A. . . .

CLICK HERE - Reagan Approved Plan to Sabotage Soviets

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BNEF - New Energy Outlook 2017

           

bnef.com

Focused on the electricity system, NEO combines the expertise of over 80 market and technology specialists in 12 countries to provide a unique view of how the market will evolve . . . 

 . . . “Renewable energy sources are set to represent almost three quarters of the $10.2 trillion the world will invest in new power generating technology until 2040, thanks to rapidly falling costs for solar and wind power, and a growing role for batteries, including electric vehicle batteries, in balancing supply and demand.”

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'Spectacular' Drop in Renewable Energy Costs Leads to Record Global Boost

Falling solar and wind prices have led to new power deals across the world despite investment in renewables falling

           

Solar panels on sale at the Naran Tuul market in Ulaanbaatar, Mongolia. Photograph: Seong Joon Cho/Getty Images

CLICK HERE - Global Status Report - REN21 - Renewable Energy Policy Network for the 21st Century

theguardian.com - by Damian Carrington - June 6, 2017

Renewable energy capacity around the world was boosted by a record amount in 2016 and delivered at a markedly lower cost, according to new global data – although the total financial investment in renewables actually fell.

The greater “bang-for-buck” resulted from plummeting prices for solar and wind power and led to new power deals in countries including Denmark, Egypt, India, Mexico and the United Arab Emirates all being priced well below fossil fuel or nuclear options . . .

 . . . The new renewable energy capacity installed worldwide in 2016 was 161GW, a 10% rise on 2015 and a new record, according to REN21, a network of public and private sector groups covering 155 nations and 96% of the world’s population.

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