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Highlights Blending with gas pipelines could cause leaks, reduce output Fuel cells could provide low-carbon backup power Hydrogen presents a complicated challenge when used as a power source, but these challenges could be addressed with incremental gas blending and artificial intelligence tools, industry participants said March 20. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The use of hydrogen in power is generally controversial, speakers at a CERAWeek by S&P Global panel said, saying it's "not the first application that comes to mind." S&P Global Consulting Director Natallia Pinchuk referenced an analogy that says…

The Illinois Electric Vehicle Charging Act (“Act”), which imposes certain requirements to foster widespread adoption of electric vehicles (“EVs”), took effect on January 1, 2024. Per its original terms, the Act applied only to “newly constructed single-family homes and multi-unit residential buildings that have parking spaces and are constructed after the effective date of this Act.” However, the Act was amended by a subsequent public act (P.A. 103-572)     Read the article…………………………….

Highlights Collaborators must be complementary Opportunities in ammonia, pumped hydro Profitably deploying clean technology entails using existing underused technologies, innovating new technologies and forming partnerships among new and existing businesses with complementary – rather than duplicative – capabilities, panelists said March 19 during the CERAWeek by S&P Global conference. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now In response to a request from Eduard Sala de Vedruna, S&P Global clean energy technology lead, for a one-word factor needed for clean energy business strategies, panelists listed collaboration, innovation and ambition as key. Asked for advice…

Highlights Two bidders in Sorlige Nordsjo tender Winning bid around Eur99/MWh Max Eur2 billion state aid via CfDs The Ventyr consortium -- Parkwind, Ingka Investments, and NorSea Group -- has won Norway's first offshore wind auction with a bid of NOK 1,150/MWh ($108/MWh), the energy ministry said March 20. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Two of five pre-qualified consortia participated in the auction for the 1.5-GW Sorlige Nordsjo-II concession. "This is a milestone in the Government's offshore wind investment, and today we have taken a major step forward in the work…

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Highlights Cost gap is "less than people think" High green hydrogen costs not seen by consumers: Air Products Federal government and private sector stakeholders must move quickly to design a process to ramp up demand for hydrogen before the fiscal year ends Sept. 30, experts said March 19at the CERAWeek energy conference by S&P Global in Houston. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now During a panel discussion entitled "From Hubs to Demand Support: Catalyzing the American hydrogen market," David Crane, US Department of Energy undersecretary for infrastructure, described the bipartisan Infrastructure Investment…

Highlights Collaborators must be complementary Opportunities in ammonia, pumped hydro Profitably deploying clean technology entails using existing underused technologies, innovating new technologies and forming partnerships among new and existing businesses with complementary – rather than duplicative – capabilities, panelists said March 19 during the CERAWeek by S&P Global conference. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now In response to a request from Eduard Sala de Vedruna, S&P Global clean energy technology lead, for a one-word factor needed for clean energy business strategies, panelists listed collaboration, innovation and ambition as key. Asked for advice…

Highlights Nuclear industry must tap into existing oil and gas expertise Google, Microsoft program to invest in new nuclear tech Industry members on March 19 discussed pathways to successfully tripling nuclear power by 2050, a goal set at the 2023 UN Climate Change Conference. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The sheer scale of the COP28 goal raises challenges for the nuclear industry, speakers on a CERAWeek by S&P Global conference panel said. "We're talking about a terawatt of new nuclear by midcentury," Energy Futures Initiative CEO Ernest Moniz said. Meeting the…

Condominium association and homeowner association boards, property managers and developers are all seeking the most cost-effective, least-disruptive ways to integrate EV charging into existing and future projects, and the Marina Palms deployment leads the way in Miami—and the country—in showing how this can be done.    Read the article…………………………….

Highlights Heavy industry, transport are early targets US to 'do what it takes' to grow bankability Federal government and private sector stakeholders must move quickly to design a process to ramp up demand for hydrogen before the fiscal year ends Sept. 30, experts said March 19at the CERAWeek energy conference by S&P Global in Houston. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now During a panel discussion entitled "From Hubs to Demand Support: Catalyzing the American hydrogen market," David Crane, US Department of Energy undersecretary for infrastructure, described the bipartisan Infrastructure Investment and Jobs…

Highlights KPC lifting oil at $10/b, but constrained by OPEC+ cuts Aims to boost capacity to 4 million b/d, with IOC help CEO says country needs to diversify from hydrocarbons Kuwait Petroleum Corp. is planning to move offshore in the Persian Gulf for the first time and will seek help from international oil majors, the company's CEO said March 19, as the country aims to boost its flagging production capacity. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now "We're looking at a new model to bring expertise from around the world," said Sheikh Nawaf…

Highlights Less volatility seen in data center power demand EQT taking 'portfolio approach' on LNG Rising electric power demand associated with the proliferation of artificial intelligence provides a more promising trajectory for US natural gas production growth than even rising LNG export demand, which is expected to be a comparatively more volatile market, EQT CEO Toby Rice said in an interview. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now "While Gulf Coast has LNG as a hot emerging market, guess what Appalachia has: We've got AI. We've got 'data center valley' right next door,…