Energy economics

New Fortress Energy Commences Operations in Baja California Sur

Retrieved on: 
Wednesday, July 14, 2021

The delivery of more affordable and cleaner-burning natural gas is a significant milestone for Baja California Sur, said Wes Edens, Chairman and CEO of NFE.

Key Points: 
  • The delivery of more affordable and cleaner-burning natural gas is a significant milestone for Baja California Sur, said Wes Edens, Chairman and CEO of NFE.
  • The introduction of natural gas into the Baja California Sur market will help enable more energy efficiency, cost savings and emissions reductions as it displaces fossil fuels.
  • Under the terms of an agreement signed in March, NFE will supply natural gas to the CTG La Paz and CTG Baja California Sur power plants in Baja California Sur through the Terminal.
  • New Fortress Energy is a global energy infrastructure company founded to help accelerate the worlds transition to clean energy.

Rapidan Founder and President Bob McNally Welcomes Energy Transition Veteran Jeff Berman to Spearhead Rapidan's Energy Transition Analysis

Retrieved on: 
Wednesday, July 14, 2021

WASHINGTON, July 14, 2021 /PRNewswire/ -- Statement from Bob McNally, Founder and President of Rapidan Energy Group:

Key Points: 
  • WASHINGTON, July 14, 2021 /PRNewswire/ -- Statement from Bob McNally, Founder and President of Rapidan Energy Group:
    "I am delighted to announce that Jeff Berman will join Rapidan Energy Group in early August in the role of Director of Energy Transition Analysis.
  • With Jeff's contribution, Rapidan will deepen and expand its coverage of energy transition policies across all facets of the energy sector."
  • In this new role, Jeff will bolster Rapidan's ability to provide energy investors and traders with objective and astute insight into the policy drivers behind the global energy transition.
  • Further, Jeff will spearhead Rapidan's coverage of the policy and fundamental drivers of carbon markets, low-carbon energy, and energy transition investment at the state, national, and international levels.

FuelCell Energy Applauds the Signing of House Bill 6524 in Connecticut

Retrieved on: 
Wednesday, July 14, 2021

The bill requires the Connecticut utilities to solicit proposals to acquire new fuel cell electricity generation projects that begin on or after July 1, 2021.

Key Points: 
  • The bill requires the Connecticut utilities to solicit proposals to acquire new fuel cell electricity generation projects that begin on or after July 1, 2021.
  • House Bill 6524 provides preference for projects that are sited on brownfields as Connecticut demonstrates its commitment to energy equity and for fuel cells that are manufactured in Connecticut.
  • FuelCell Energy, Inc. (NASDAQ: FCEL): FuelCell Energy is a global leader in sustainable clean energy technologies that address some of the worlds most critical challenges around energy, safety and global urbanization.
  • SureSource, SureSource 1500, SureSource 3000, SureSource 4000, SureSource Recovery, SureSource Capture, SureSource Hydrogen, SureSource Storage, SureSource Service, SureSource Treatment, SureSource Capital, FuelCell Energy, and FuelCell Energy logo are all trademarks of FuelCell Energy, Inc.

Apex Clean Energy and Plug Power Partner on Largest Green Hydrogen Power Purchase Agreement in the United States

Retrieved on: 
Wednesday, July 14, 2021

Apex Clean Energy was founded with a singular focus: to accelerate the shift to clean energy.

Key Points: 
  • Apex Clean Energy was founded with a singular focus: to accelerate the shift to clean energy.
  • Through origination, construction, and operation of utility-scale wind, solar, and storage facilities, distributed energy resources, and green fuel technologies, Apex is expanding the renewable frontier across North America.
  • For more information about how Apex is building the energy company of the future, visit apexcleanenergy.com or follow us on Facebook , Twitter , and LinkedIn .
  • Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell (HFC) turnkey solutions.

CleanSpark Announces Agreement with ESG-Focused Crypto-Miner, Coinmint

Retrieved on: 
Wednesday, July 14, 2021

CleanSpark, Coinmint to Collaborate on Bitcoin Mining Zero-Carbon Solutions, Equipment Deployment.

Key Points: 
  • CleanSpark, Coinmint to Collaborate on Bitcoin Mining Zero-Carbon Solutions, Equipment Deployment.
  • Additionally, CleanSpark and Coinmint intend to collaborate on further expansion of their green energy initiatives, with a goal of reaching 100% renewable power.
  • CleanSpark President and CEO Zach Bradford added, "This is a very exciting opportunity for CleanSpark.
  • Once we have reached full allocated capacity under the Coinmint agreement, we will then direct shipments of the new units to our Atlanta facilities."

RMI and Microsoft Show How Corporations Can Accelerate a Cleaner Grid

Retrieved on: 
Wednesday, July 14, 2021

And the urgency for climate action has prompted leading firms to consider strategies like hourly load-matching to help accelerate the move to a carbon-free electricity grid.

Key Points: 
  • And the urgency for climate action has prompted leading firms to consider strategies like hourly load-matching to help accelerate the move to a carbon-free electricity grid.
  • The global non-profit's research finds that hourly load-matching strategies can help lay the groundwork for a decarbonized grid in the long term.
  • However, these strategies should be carefully tailored to region-specific grid dynamics to also maximize emissions reductions over the next decade.
  • RMI concludes that with more advanced procurement strategies, corporate procurement can play a key role in decarbonization of the grid as a whole.

ArcelorMittal Sestao to become the world’s first full-scale zero carbon-emissions1 steel plant

Retrieved on: 
Tuesday, July 13, 2021

Harnessing green hydrogen and renewable electricity, the Sestao plant will achieve zero carbon-emissions

Key Points: 
  • Harnessing green hydrogen and renewable electricity, the Sestao plant will achieve zero carbon-emissions
    ArcelorMittal today announces that its Sestao plant in Spain will become the worlds first full-scale zero carbon-emissions steel plant.
  • In addition to the investments in the DRI and EAF installations in Gijn, ArcelorMittal will invest 50 million in Sestao.
  • The ability of the Sestao plant to become the worlds first zero carbon-emissions steel plant would not be possible without the support and partnership of the Spanish government.
  • This, together with the green DRI and hydrogen feeding the burners, will result in the Sestao plant achieving zero carbon-emissions.

Registration Opens for Singapore International Energy Week 2021

Retrieved on: 
Tuesday, July 13, 2021

SINGAPORE, July 13,2021 /PRNewswire/ -- Registration for the Singapore International Energy Week (SIEW) 25 29 October 2021 is now open.

Key Points: 
  • SINGAPORE, July 13,2021 /PRNewswire/ -- Registration for the Singapore International Energy Week (SIEW) 25 29 October 2021 is now open.
  • Asia Clean Energy Summit 2021 is the region's premier platform shaping clean energy dialogues and will cover Energy Efficiency, Solar and Electric Vehicles.
  • The Singapore International Energy Week (SIEW) is an annual platform for energy professionals, policymakers and commentators to discuss and share best practices and solutions within the global energy space.
  • Our main goals are to ensure a reliable and secure energy supply, promote effective competition in the energy market and develop a dynamic energy sector in Singapore.

FuelCell Energy Receives Court Case Win in the Court of Chancery in Delaware Versus Posco Energy

Retrieved on: 
Monday, July 12, 2021

On July 9, 2021, the Court issued a post-trial ruling denying POSCO Energys summary statutory demand to inspect the Companys books and records because POSCO Energy lacks a proper purpose.

Key Points: 
  • On July 9, 2021, the Court issued a post-trial ruling denying POSCO Energys summary statutory demand to inspect the Companys books and records because POSCO Energy lacks a proper purpose.
  • FuelCell Energy looks forward to continuing its work in enabling the regions energy transformation to a cleaner future.
  • FuelCell Energy, Inc. (NASDAQ: FCEL): FuelCell Energy is a global leader in sustainable clean energy technologies that address some of the worlds most critical challenges around energy, safety and global urbanization.
  • SureSource, SureSource 1500, SureSource 3000, SureSource 4000, SureSource Recovery, SureSource Capture, SureSource Hydrogen, SureSource Storage, SureSource Service, SureSource Treatment, SureSource Capital, FuelCell Energy, and FuelCell Energy logo are all trademarks of FuelCell Energy, Inc.

Cox Communications’ Onsite Solar and Battery Energy System Goes Live in San Diego

Retrieved on: 
Tuesday, July 13, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210712005692/en/
    Cox Communications' onsite solar and battery energy storage, designed and built by PowerFlex, goes live at their San Diego corporate office.
  • Cox Communications new energy system installation is a perfect example of the transition to our clean energy future.
  • The integrated solar and battery energy storage system will employ EDFs Energy Management System (EMS) using real-time data to perfectly orchestrate all components of the system for optimal results.
  • Cox Communications is the largest division of Cox Enterprises, a family-owned business founded in 1898 by Governor James M. Cox.