WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced a new National Community Solar Partnership (NCSP) target: to enable community solar systems to power the equivalent of five million households by 2025 and create $1 billion in energy bill savings. Reaching these milestones will help achieve the Biden-Harris Administration’s goals of achieving 100% clean electricity
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Russian oil and gas company Lukoil has concluded a deal for acquiring 15.5 percent interest in the Shah Deniz gas project in the Azerbaijan part of the Caspian Sea from Malaysian giant Petronas. Lukoil said that the value of the transaction would amount to $2.25 billion and that the completion was subject to fulfillment of
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ESS is a manufacturer of iron flow batteries in the state of Oregon. At the present time, lithium-ion batteries account for about 85% of grid-scale energy storage. That technology is time-tested and reliable. Prices continue to fall, but lithium-ion batteries have some issues. They use materials like lithium, cobalt, manganese, aluminum, and nickel that can
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CNR International has hired Aberdeen-based Well-Safe Solutions to decommission a large number of wells on two oilfields in the UK central North Sea. Well-Safe said that the contract award was for the decommissioning of up to 14 wells on the Banff and Kyle fields. The fields, which have nine development wells and five exploration and
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An exciting new initiative has been created by the U.S. Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL) to catalyze the development of cybersecurity solutions for the nation’s clean energy grid of the future. The Clean Energy Cybersecurity Accelerator brings together federal infrastructure and expertise, asset owners in the energy sector, and
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A coal fired power plant in Jiayuguan, Gansu province, China. Qilai Shen | Bloomberg | Getty Images Even with the current drive toward more renewable energy sources, global carbon emissions are going to increase through 2050, unless there are significant changes in policy or technology between now and then. That’s according to a new report
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