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In the evolving global energy economy, methane emissions have become a critical variable in the oil and gas industrys long-term performance. Large naturalgas importers want lower emissions. Yet despite this momentum, oil and gasmethane emissions remain unacceptably high. Its also smart business.
The uncertainties centre on Equinor’s backing for new “net zero” gas-fired power plants fitted with technology to capture carbon dioxide (CO2) billowing from their smokestacks, and bury the gas in disused oil and gas fields under the North Sea. Credit: Sabrina Bedford.
Researchers have developed a new sensor that they suggest could allow practical and low cost detection of low concentrations of methanegas. Measuring methane emissions is important because the gas contributes to global warming and air pollution. The new sensor uses an interband cascade light emitting device (ICLED).
These findings, located in the Lorraine region, have the potential to disrupt global energy markets by providing an abundant, naturally occurring, zero-carbon fuel source. Together, these revelations position France as a leader in the exploration and potential utilization of white hydrogen for clean energy solutions.
Earlier this year, Pacific Gas & Electric faced pushback from environmental and solar and energy storage industry groups to a plan to deploy naturalgas generators to back up communities facing multi-day fire-prevention blackouts. Naturalgas vs. diesel vs. solar-storage.
Xcel Energy, provider of electricity and naturalgas services to nearly 6 million customers in eight Western and Midwestern states, has committed to achieve net-zero greenhouse gas emissions from its naturalgasbusiness by 2050. Follow @EngelsAngle. Jared Polis.
San Diego Gas & Electric (SDG&E) has filed a $3 billion plan for the years 2024-2027 towards its ongoing clean energy drive. Among the major investments detailed is the implementation of the next generation of smart meters in order to give customers more control, access and insights into their energyusage.
In addition, the Carbon Mapper consortium announced its plan to deploy a ground-breaking hyperspectral satellite constellation with the ability to pinpoint, quantify and track point-source methane and CO 2 emissions. In short, if you can’t measure it, you can’t manage it. . These home-grown satellites are a game-changer.
utility can reach net-zero carbon emissions by 2050 while still keeping naturalgas as a central part of its business, both to generate electricity and to sell to its customers. utility has yet fully fleshed out how it intends to eliminate naturalgaspower plants from its generation portfolio.
Italgas has reported completion of the rollout of the first 20,000 units of its new next generation hydrogen ready gas smart meter. The company has not stated where the meters have been deployed but the aim is to test the technology in the field during 2024, prior to a widescale rollout across Italy starting in 2025.
By Ben Ratner At the behest of the American Petroleum Institute, the Environmental Protection Agency is proposing to eliminate nationwide limits on methane pollution, sending America’s naturalgas industry backwards to the days of uncontrolled emissions. America’s naturalgas industry is no different.
Our customers can be proud their products are made in facilities that use 100% renewable energy. 2) Direct Renewable Energy Projects : As a result, 70% of the company’s facilities have on-site clean energy projects. The project is the largest commercial solar array in Kentucky and the largest worldwide by tonnage produced.
NW Natural, the largest gas utility in Oregon, and Kokkola, Finland-based Hycamite TCD Technologies, signed a letter of intent to explore the production and distribution of clean hydrogen production using Hycamite’s novel methane pyrolysis technology. Hycamite’s technology helps to decarbonize industrial.
The newly enacted Inflation Reduction Act contains the world’s first-ever fee on methane, a powerful greenhouse gas believed to be responsible for roughly 30 percent of global temperature rise since the Industrial Revolution. billion in financial incentives to clean up their methane.”
Only a handful of super emitters are responsible for an enormous amount of the methane pollution in the Permian basin, according to a new study. Methane is a highly potent greenhouse gas — more than 80 times more powerful than carbon dioxide over a 20-year time-frame. That’s equivalent to about 5% of the U.S.
A little over a decade ago, Gary Dye, then a gas measurement engineer at NW Natural, Oregon’s largest gas utility, lost faith in his employer to responsibly deal with what he believed to be systematic inaccuracies among the company’s hundreds of thousands of gasmeters.
Owned and overseen by national governments, As such, it is in both their commercial and national interest to minimize waste – particularly of methane, a potent greenhouse gas that is responsible for a quarter of the climate warming we’re experiencing today. Not all oil and gas facilities, however, are created equal.
MIT Study Highlights Lesser Climate Impact of Hydrogen Leaks Compared to NaturalGas A recent study conducted by MIT researchers sheds new light on the climate implications of hydrogen as a replacement for naturalgas. The researchers found that hydrogens climate impact is approximately one-third of methanes.
” Decarbonizing Long-haul Trucking: The Emerging Role of Hydrogen Insights From Industry Expert Electric batteries have proven to be one of the best alternatives for decarbonizing light-duty vehicles while ammonia and green methanol are becoming increasingly popular options for marine applications.
As the world grapples with the unfolding climate crisis, the quest for sustainable and environmentally friendly energy solutions takes center stage. The company has recently reached a significant milestone with the successful startup of its Commercial Demonstration Plant (CDP).
In the second special Enlit Europe 2023 edition, Nimbus and Globy – the new hydrogen and electricity smart meters, a new fast network deployment partnership and digitalising smart secondary substations are on the week’s technology radar. Have you read?
and other fossil fuel companies are urging the European Union to relax targets to boost climate-friendly “green” hydrogen, hoping to win greater support for projects to manufacture the fuel using naturalgas. Spanish and Portuguese energy companies are beginning to shift into green hydrogen production. ExxonMobil Corp.
Available in two models (pump or diffusion) and battery powered with onboard datalogging, the YESAIR instruments have been designed for intermittent or continuous indoor air quality monitoring of temperature, RH, particulates and up to 5 gases. These facilities can present a variety of potential hazards to human health.
Note: this is the second installment of a dialogue Q&A series with private equity investors following a methane summit EDF recently hosted for portfolio companies of EIG Global Energy Partners (EIG) and Quantum Energy Partners. First, EIG is committed to being a part of the energy transition.
ESG By EDF: Actionable Insights for a Decarbonizing World MethaneSAT: A New Era of Transparency for Methane Measurement Environmental Defense Fund’s MethaneSAT will fill critical gaps in the capabilities of existing methane satellites and be a powerful tool to accelerate climate action.
As the quest for sustainable energy intensifies, biomass emerges as a pivotal player in the arena of renewable resources. This exploration into the realm of biomass energy untangles the complexities and delves into its multifaceted nature, uncovering the potential of plant-based and waste-derived materials as alternative sources of power.
Tackling methane from oil and gas operations among 'best near-term opportunities’ for combatting climate change, IEA argues. Methane, which is largely released from abandoned coal mines, oil and gas operations, and farming, has a far greater global warming potential than CO2.
Sean Hackett EDF+Business Senior Manager, Energy Transition By Sean Hackett The past year has seen a slew of historic climate investments and a growing focus among businesses and the finance sector on opportunities in the energy transition.
But, as the Institute for Energy Economics and Financial Analysis’ energy finance analyst Bruce Robertson told DeSmog, even they “haven’t been able to get it right”. . Chevron reportedly only managed to store around 30 percent of the CO2 it removed from gas reservoirs over the five year period. Gorgon is led by U.S.
Decarbonizing Oil and GasMethane is a powerful greenhouse gas, responsible for more than one quarter of the warming we are experiencing today, and global oil and gas production is a major source of methane emissions. 19 of the top 20 publicly traded companies have set methane targets.
Naturalgas flaring has been a long-time concern for the oil & gas industry. In a decarbonizing world and increasingly competitive energy industry, eliminating routine flaring is critical to minimize climate impact and curtail economic waste. Gas flared/vented as a percent of total gas production.
By Tom Murray This week, business executives, tech entrepreneurs, and investors met in Aspen, Colorado at the Fortune Brainstorm Tech 2019 conference. This annual gathering brings movers and shakers together to discuss the latest tech trends and how businesses can find a competitive edge in a fast-paced marketplace.
The gas can be produced either through the electrolysis of water using renewable power to create green hydrogen or through its extraction from methane, a process that produces carbon dioxide as a by product that can then be captured and stored resulting in so-called blue hydrogen.
Joint effort focuses on developing technologies and management practices to accelerate reductions of methane emissions across the global oil and gas industry. The agreement enables joint collaboration on projects that test technologies and emerging strategies to continue to improve methane management.
Virtually eliminating methane emissions is a critical complement to CO2 reductions and essential to bending the curve of greenhouse gas emissions from the oil and gas sector by 2030. Q: Why is reaching near zero methane emissions an important issue for BP and its U.S. onshore upstream company BPX Energy?
The ongoing conflict in Ukraine and the subsequent sanctions against Russia have highlighted Europe’s vulnerability when it comes to energy security. At present, the EU receives around 40% of its gas, 46% of its coal, and 30% of its oil from Russia — and has no easy substitutes if supplies are disrupted. What does this entail?
Report argues promised 30 per cent cut in methane emissions will be extremely difficult to achieve without tackling livestock numbers. A new report has today warned the EU "cannot deliver" on the commitments it has made under the Global Methane Pledge without cutting livestock numbers. per cent by 2030.
There, he met with OPUC staff in person and exchanged emails with Lori Koho, then OPUC’s senior official overseeing naturalgas utilities. He hoped that his list of complaints would show “how the unethical culture [at NW Natural] goes all the way to the top,” as one of his emails to Koho explains.
Only 3 percent of the Wyoming project’s CO2 has been geologically stored in the same formation from which the original gas was extracted, according to estimates from the Institute for Energy Economics and Financial Analysis (IEEFA). C and with the net-zero energy transition. Credit: NET Power , CC BY-SA 4.0
Against this backdrop, EDF+Business is pleased to launch ESG By EDF , a new platform to help equip the finance community with actionable insights for a decarbonizing world. In our new report, The Burning Question: How to Fix Flaring , we review flaring data and practices for 20 major oil and gas companies.
To identify the powerful actors most actively lobbying against these key EU regulations and policies, DeSmog analysed corporate reports, lobbying records, official position papers, responses to public EU consultations, media events, and meetings held with various EU bodies over the past two years. Meet the Industry Trade Groups.
Virtually eliminating methane emissions is a critical complement to CO2 reductions and essential to bending the curve of greenhouse gas emissions from the oil and gas sector by 2030. Q: Why is reaching near zero methane emissions an important issue for BP and its U.S. onshore upstream company BPX Energy?
VERGE Energy Conference (VERGE 20) will take place on October 26-30, 2020. This online event can be attended from anywhere, The central theme at VERGE 20 will focus on how energy systems can be decarbonized, decentralized, digitized and democratized.
Naturalgas flaring has been a long-time concern for the oil & gas industry. In a decarbonizing world and increasingly competitive energy industry, eliminating routine flaring is critical to minimize climate impact and curtail economic waste. Gas flared/vented as a percent of total gas production.
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