Tag: natural gas

Beam Suntory to invest $4oo million in renewables based expansion 

Beam Suntory to invest $4oo million in renewables based expansion 

September 16, 2022 |

Beam Suntory, a global manufacturer of premium spirits, has announced its plans to invest over $400 million to expand production at its Booker Noe distillery in Boston, KY, which produces the company’s flagship product, Jim Beam. The expansion is expected to increase capacity by 50 per cent and will be based on energy supplied through the use of anaerobic digestors that will produce renewable natural gas to power the facility.

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US Short Term Energy Outlook Report

US Short Term Energy Outlook Report

September 9, 2022 | ,

This Short-Term Energy Outlook June 2022 report was prepared by the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy. The largest increases in U.S. electricity generation in the forecast come from renewable energy sources, mostly solar and wind. It expects renewable sources will provide 22% of U.S. generation in 2022 and 24% in 2023, up from 20% in 2021.

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Industry must play its role in getting the EU off fossil gas

Industry must play its role in getting the EU off fossil gas

March 31, 2022 |

Russia’s invasion of Ukraine has once more exposed the EU’s vulnerability in relying on fossil fuels to heat our homes, power our cars and fuel our industries. While heavy industry is a major consumer of fossil gas, it has been notably absent in the emerging EU strategy to rapidly get off Russian gas. The EU needs to act now, maximising short-term gas savings in industry and ensuring the Fit for 55 package sends the right policy signals to substantially reduce gas dependency in the next 10 years.

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A 10-Point Plan by IEA to Reduce the European Union’s Reliance on Russian Natural Gas

A 10-Point Plan by IEA to Reduce the European Union’s Reliance on Russian Natural Gas

March 15, 2022 | ,

Europe’s reliance on imported natural gas from Russia has again been thrown into sharp relief by Russia’s invasion of Ukraine. The IEA’s 10-Point Plan to Reduce the European Union’s Reliance on Russian Natural Gas includes a range of complementary actions that can be taken in the coming months, such as turning more to other suppliers, drawing on other energy sources and accelerating efforts to provide consumers, businesses and industry with the means to use clean and efficient alternatives to natural gas.

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Reality Check: Europe Must Go Renewable to Escape Energy and Climate Crisis

Reality Check: Europe Must Go Renewable to Escape Energy and Climate Crisis

February 23, 2022 |

How did Europe find itself in its current energy crisis? Some explanations lay blame at Europe’s feet for prematurely decommissioning nuclear power plants, reducing domestic gas production, liberalizing the regional gas market, or other moves. Accelerating the build-out of the new clean energy system is the only viable long-term solution to the double crisis facing Europe in terms of both energy security and the climate emergency.

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US natural gas infrastructure gets ready to go green

US natural gas infrastructure gets ready to go green

February 23, 2022 |

The Infrastructure Investment and Jobs Act, which came into law on 15 November 2021, highlights infrastructure as foundational to the future of the US. However, it is the Build Back Better Agenda that has the biggest implications for midstream. As well as proposed expansions and extensions of the tax credits for wind, solar and storage, it would establish an EPA-regulated methane fee for petroleum and natural gas facilities.

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EU Taxonomy Update – Inclusion of Natural Gas and Nuclear

EU Taxonomy Update – Inclusion of Natural Gas and Nuclear

February 15, 2022 | ,

The European Commission has released new plans to include some natural gas and nuclear energy power plants as ‘green’ under the existing EU Taxonomy’s Climate Change Mitigation objective. Investors’ recognition of nuclear and gas-fired powered generation as green is likely to remain somewhat tempered by existing exclusions in ESG funds, but their inclusion into the EU Taxonomy now opens the door to more nuanced views.

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European Commission approves ‘greening’ of gas and nuclear

European Commission approves ‘greening’ of gas and nuclear

February 4, 2022 |

The European Commission has presented a Taxonomy Complementary Climate Delegated Act on climate change mitigation and adaptation covering certain gas and nuclear activities. The objective is to step up the transition, by drawing on all possible solutions to help us reach our climate goals. Taking account of scientific advice and current technological progress, the Commission considers that there is a role for private investment in gas and nuclear activities in the transition.

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UK electricity prices quadrupled in 2021 and fossil gas is to blame

UK electricity prices quadrupled in 2021 and fossil gas is to blame

January 16, 2022 |

The cap on UK energy bills is set for an unprecedented increase in April 2022, likely pushing millions more into energy poverty. Despite claims by a small group of Conservative MPs in the ‘Net Zero Scrutiny Group’, the energy crisis has almost nothing to do with green subsidies. The principal reason is the skyrocketing price of fossil gas. Previously Ember forecasted that the gas price spike will add £29 billion to UK electricity bills in 2022.

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India’s GAIL plans to build country’s largest green hydrogen plant

India’s GAIL plans to build country’s largest green hydrogen plant

October 25, 2021 |

Gas Authority of India Limited (GAIL), an Indian state-owned company, will construct India’s largest green hydrogen-making facility to bolster its natural gas operations with carbon-free fuel. It has issued a global tender for the procurement of an electrolyser. The plant will take 12-14 months to establish. The company has chosen 2-3 locations for the unit, one of which is in Vijaipur, Madhya Pradesh.

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Renewables on track to set new records in 2021: IEA

Renewables on track to set new records in 2021: IEA

May 12, 2021 |

The International Energy Agency has released a report titled, “Global Energy Review 2021: Assessing the effects of economic recoveries on global energy demand and CO2 emissions in 2021”. REGlobal presents the key findings, the detailed analysis on global economic recovery and the renewable energy sector from the report.

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Creative Energy and BC Hydro to collaborate to decarbonize downtown Vancouver

Creative Energy and BC Hydro to collaborate to decarbonize downtown Vancouver

March 11, 2021 |

Creative Energy is proposing a bold new plan with the help of BC Hydro to bring low-carbon energy to its existing and future customers in downtown Vancouver. The current customers in the area receive the electricity for their heating requirements from Creative Energy’s plant that burns natural gas to produce steam. Using renewable energy renewable electricity sold by BC Hydro, the Creative Energy Decarbonization Project will add new electrode steam boilers to the existing natural gas-powered steam plant.

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Evolugen and Gazifère collaborate on a large green hydrogen injection project in Canada

Evolugen and Gazifère collaborate on a large green hydrogen injection project in Canada

March 3, 2021 |

Evolugen and Gazifère Inc., an Enbridge company have come together to build and operate one of the largest green hydrogen projects for injection into a natural gas distribution network in Quebec. They will develop a 20 MW water electrolysis hydrogen production plant in the Outaouais region. This is part of a collaboration formed to advance the development and use of green hydrogen.

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Australian Gas Infrastructure Group submits proposals for two green hydrogen projects to ARENA

Australian Gas Infrastructure Group submits proposals for two green hydrogen projects to ARENA

February 12, 2021 |

Australian Gas Infrastructure Group (AGIG) with its partners has submitted two proposals to the Australian Renewable Energy Agency (ARENA) for green hydrogen projects in Victoria and Western Australia. These projects were selected by ARENA along with five other projects after expressions of interest in May 2020 as part of the $70 million Renewable Hydrogen Deployment Funding Round.

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Energy transition, national strategies, and oil companies: what are the impacts for workers?

Energy transition, national strategies, and oil companies: what are the impacts for workers?

January 22, 2021 | ,

Check out the full report by the Institute of Strategic Studies of Petroleum, Natural Gas and Biofuels (Ineep), a research body created by Brazil’s United Federation of Oil and Gas Workers (FUP or Federação Única dos Petroleiros) to know more about the current state of and future outlook for international oil and natural gas industry geopolitics in order to understand its short and long-term importance to the global energy sector.

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How PV-plus- storage will compete with gas generation in the U.S.

How PV-plus- storage will compete with gas generation in the U.S.

December 3, 2020 |

The combination of ever-cheaper energy storage systems and state and federal policy support has heightened utilities’ interest in hybrid projects combining solar photovoltaics and storage (known as PVS for short). There are now over 19 GW of PVS projects in the pipeline in the U.S and expected to come online by 2023, and an additional 80 GW of projects in the interconnection queue.

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