Energy Update
(Mon, 09 May 2022) Despite Libyaâs large oil reserves, political conflicts and militia attacks on hydrocarbon infrastructure have limited investments in the countryâs oil and natural gas sectors. These challenges have also constrained exploration and development of its reserves since 2011.
Contributed by Matthew Cosnek, Manager of Security Solutions, Emerson for the power and water industries
Largely because of the colossal failures of February 2021, local sources of power, usually referred to as distributed energy resources (DERs), are now, finally, getting some attention.
Texas is a land of contradictions and extremes. Our power grid is no different. It is, simultaneously, both an exemplar of innovation and a complete mess.
Texas is number one for wind power and is soon to be tops in solar. Texas is also #1 in coal.
Perovskite materials may hold the potential to play an important role in a process to produce hydrogen in a renewable manner, according to analysis from scientists at the National Renewable Energy Laboratory (NREL).
The NREL team analyzed an emerging water-splitting technology called solar thermochemical hydrogen (STCH) production. The technique potentially can be more energy efficient than producing hydrogen via the more commonly used electrolysis method.
The federal Bureau of Ocean Energy Management has completed its environmental review of an area offshore wind area in Northern California that paves the way for a development auction this fall.
Development of the Humboldt Wind Energy Area, located 20 miles offshore Humboldt County, is expected to have no significant environmental impact, BOEM determined in its analysis.
An integrated project featuring pumped storage and hydrogen generating facilities is planned for central Queensland, Australia, according to Sunshine Hydro.
The company said this Flavian superhybrid project is a “world’s first” and is planned within the Central Queensland Renewable Energy Zone (REZ). Sunshine Hydro said it secured the land and has begun detailed feasibility studies. It said it plans to reach final investment decision in 2025, with commissioning in 2028.
The U.S. Department of Energy (DOE) Solar Energy Technologies Office (SETO) announced the Foundational Agrivoltaic Research for Megawatt Scale (FARMS) funding opportunity, intended to award $8 million in funding for projects that examine how solar energy projects paired with agriculture–so-called “agrivoltaics”–can scale up.
Gravity-based energy storage developer Energy Vault has started construction on its first commercial-scale project.
The 100 MWh energy storage system is being built near a wind farm in Rudong, Jiangsu Province outside of Shanghai, China.
To gather support for the MISO board’s approval of the $10 billion transmission portfolio this summer, MISO executives sounded the alarm bells that there are “insufficient firm resources” this summer implying a greater chance of deploying emergency procedures. From April, MISO’s 2022 capacity auction prices reflected the need for increased imports.
Eversource could exit its joint venture to develop offshore wind projects with Ørsted amid record-setting lease auctions in the U.S.
The energy giant announced in its quarterly earnings report that it had launched a "strategic review" of the 50-50 partnership, which could result in the sale of some or all of its stake.
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