DTE Energy (DTE), Michigans largest energy company, is collaborating with Electric Vehicle manufacturers to optimize EV charging through the new DTE Smart Charge program. DTE Smart Charge is a Demand Response program that will monitor and study EV charging and peak usage events. DTE is among one of a few energy companies in the U.S. running this type of program.
General Electric Co (GE): * GE CEO SAYS SERVICES MAY FLUCTUATE QUARTER-ON-QUARTER DUE TO PANDEMIC, BUT EXPECT GROWTH IN THE YEAR - CONF CALL. * GE CFO SAYS DON'T EXPECT ANY FUNDING REQUIREMENT FOR GE'S PENSION PLAN BY THE END OF DECADE - CONF CALL. * GE CFO SAYS EXPECT U.S. ONSHORE WIND MARKET TO SLIGHTLY DECREASE THIS YEAR - CONF CALL.
Electriq Power, a developer of intelligent and integrated home energy storage, management, and monitoring solutions, was awarded a contract to supply Caribbean Utilities Company, Ltd.s innovative Behind-the-Meter Energy Storage Pilot Program. The Cayman Islands Governments Energy Policy requires 70% of electricity to come from renewable energy sources by 2037.
Gas-fired power plants overtook lignite coal stations as Europe's largest power sector polluter in 2020 for the first time, data from the EU's Emissions Trading System shows. Energy think tank Ember said Friday that gas made up a record 34% of the power sector's total emissions last year. Carbon-dioxide emissions generated by burning gas to produce electricity fell to 236 million metric tons in 2020 from 250 million tons in 2019..
U.S. natural gas production will edge up in 2021, while demand declines for a second year in a row as rising gas prices allow renewables and coal to take some of gas' market share in the power sector, the U.S. Energy Information Administration said in its Short Term Energy Outlook on Tuesday.
Mexican President Andres Manuel Lopez Obrador sent a bill to Congress on Friday that could enable the government to suspend permits in the oil industry, as part of a drive to bolster state control of energy at the expense of private firms.
March 25, 2021 Atlantica Sustainable Infrastructure plc, the sustainable infrastructure company that owns a diversified portfolio of contracted assets in the energy and environment sectors, was rated by Sustainalytics on its ESG Risk Rating assessment as having the lowest ESG risk within both the renewable power production and the broader utilities industry.
- The Texas electricity market faces "insurmountable distress" as more gas and service bills come due, power industry officials said on Thursday at a hearing into financial fallout from the state's February blackout. High prices for emergency fuel and power saddled the companies that sell, transmit and generate electricity in the state with about $47 billion in storm-related costs.
The Business Network for Offshore Wind today released its annual U.S. Offshore Wind Market Report & Insights. The report identifies 2021 as a year of defining consequences for the U.S. offshore wind industry.
Buoyed by a new law, Mexico's president on Wednesday said he would renegotiate contracts in the electricity sector, heralding fresh tensions between his government and the private sector, which he accused of excessive profiteering.
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