President-elect Joe Biden has committed to build 500,000 electric vehicle (EV) chargers by 2030. However, United States is expected to have nearly 15 million electric vehicles (EVs) by 2030. EV adoption is expected to be fueled by decarbonization goals, decreasing battery costs, growing efficiency, and EV model growth. Another important driver that will drive EV […]
Small-scale LNG: A catalyst for the energy transition
Liquefied natural gas (LNG) is increasingly seen as one of several catalysts to the energy transition. As countries seek to reach their decarbonization goals, they will have to go beyond switching from coal- to natural gas-fired power generation, and explore carbon-efficient options across all energy demand segments. Many countries around the world are now seeing […]
Top 10 ESG Trends in Energy
Investors and consumers are pressuring companies to seriously incorporate Environment, Social, and Governance (ESG) practices into their culture and operations. ESG has gone from a nice-to-have feature to a must-have pre-requisite as it is influencing investments and will ultimately decide winners and losers in the energy market going forward. The pressure of ESG is being […]
Coal, carbon capture, and EOR: A triple crown of synergies
NRG has recently started a demonstration plant for carbon capture and storage at its coal-fired power plant southwest of Houston, Texas. The project is a 50/50 joint venture between JX Nippon Oil & Gas Exploration and NRG and aims to capture all CO2 emissions from the 240 MW plant and use it in a nearby […]
Energy Policy Proposals of the U.S. Presidential Candidates
With the 2016 presidential election right around the corner, ADI Analytics has summarized the proposed energy policies of Donald Trump and Hillary Clinton. Our summary is based on the candidates’ energy policies from their websites and comments on energy issues from interviews and speeches. To the extent possible, policy proposals have been summarized in the […]
Progress, albeit small, on carbon markets
In the U.S., climate change and regulations on carbon emissions have been relegated to oped pieces thanks to the recession and lack of political will. Even so, there has been some progress as California advances toward implementing the legislation known as AB 32 that sets greenhouse gas emission targets by 2020. This week will mark […]
Us vs. them: Information and climate change
It is unlikely that the debate will ever be settled but this is a cool graphic depicting key issues among the climate change deniers and believers.
Gorgon’s new model for liabilities of carbon capture and sequestration
The WSJ has an interesting blog uncovering an under-reported aspect of the $37-billion Gorgon natural gas project in Australia being developed by Chevron, ExxonMobil, and Shell. Under the terms of the agreement, the companies will be responsible for the storage of the carbon-dioxide resulting from the natural-gas project during its operating lifetime and for 15 years […]
Wanted: Higher carbon prices
If we want higher carbon prices to incentivize projects that reduce carbon emissions, the latest auction in the United States’ only mandated carbon market — the Regional Greenhouse Gas Initiative — wasn’t good news. The price of a ton of carbon dioxide equivalent fell from $3.23 in June to $2.19 this month. Why? Utilities are […]