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GE Cuts Targets as Wind Energy Struggles Push 2022 Goals Out of Reach

General Electric is reassessing its near-term goals for wind energy. According to Bloomberg (via EnergyNow), General Electric Co. will cut its full-year profit target despite strong cash performance in the past quarter, as higher costs in the struggling wind operations add to ongoing challenges with supply chain and labor. Adjusted earnings per share will be

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GM to Offer its Own Solar Power and Energy Storage System, Competing with Tesla

A major automotive manufacturing company is jumping into the solar industry. Starting late next year, General Motors Co. plans to offer its own sun-generated power and storage system to compete with Tesla Inc.’s solar Powerwall business. According to EnergyNow, GM announced in a statement that the new business unit will be called GM Energy and

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Blockchain for Energy Moves to Bring Smart Contracts Solution to Market

A Blockchain leader is preparing to offer a game-changing product. According to Business Wire, Blockchain for Energy (B4E) announced it’s rolling what it’s calling Smart Contracts solutions. Developed alongside Worley, in collaboration with B4E and Chevron, these solutions will allow for increased speed and high levels of efficiency. “Blockchain for Energy members Worley and Chevron

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Day One of the Blockchain in Oil and Gas Conference Featured Keynotes, Panels, and Armadillos

The sixth annual Blockchain in Oil and Gas Conference is off to a tremendous start. This gathering of some of the most influential people leading the implementation of Blockchain in the oil and gas industry has grown exponentially since its beginning in 2017. Today, hundreds of thought leaders, executives, and researchers came together for the

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New Solar Powered Device Creates Hydrogen Fuel from the Air

Researchers in Australia have made a major breakthrough in energy innovation. According to The Guardian and the journal Nature Communications, researchers have created a solar-powered device that produces hydrogen fuel directly from moisture in the air. The prototype, said its inventors, produces hydrogen with greater than 99 percent purity and can work in air that is as

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German Government Believes Baltic Sea has Enormous Wind Energy Potential

In light of the energy crisis facing much of Europe after Russia’s invasion of Ukraine, Germany’s foreign minister said Friday that estimates show the Baltic Sea can produce wind power that is “more than twice the installed capacity of all German coal-fired power stations” as the country works to meet climate change targets and wean itself off

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New Carbon Capture Facility Proposed for Louisiana

A new carbon capture facility may be heading to the Bayou state. CapturePoint, a privately-backed LLC, has submitted an application to build a carbon capture storage facility in the Rapides Parish in Louisiana, about 90 miles north of Lafayette.  According to Reuters via Energy Now, a company spokesperson said the application with the Environmental Protection

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Uncovering the key to safer energy storage devices that avoid thermal runaway

Modern energy storage devices, such as supercapacitors and batteries, have highly temperature-dependent performance. If a device gets too hot, it becomes susceptible to “thermal runaway.” Thermal runaway—or uncontrolled overheating—can ultimately result in explosions or fires. Adopting a well-informed thermal management strategy is necessary for the stable and safe operation of devices. To do this, it

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Digital and Energy Geopolitics (Geoffrey Cann)

The world is getting a stark lesson on energy geopolitics and energy security in light of Russia’s invasion of Ukraine. How do various digital innovations play into, and help reframe,  the geopolitical landscape of energy? Energy Geopolitics The first version of this post was published on November 19 of 2019, and with the war in

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Nuclear Power used for heating.

In a recent article published by Power magazine Ishai Oliker, PhD, PE explores an interesting perspective on the use of Nuclear power to heat up homes in the US. We would like to highlight some interesting points. Nuclear energy is a viable option for urban district heating. According to the International Atomic Energy Agency, roughly

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Off shore wind farms in New York

The South Fork Wind project off the coast of Long Island should be operational by the end of 2023. Once completed, it will be capable of generating 130 megawatts (MW), enough to power 70,000 houses in East Hampton. With five offshore wind projects in the works, New York has the most in the pipeline of

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Statement from the ninth meeting of the U.S.-EU Energy Council

On Monday, February 7, the EU-US Energy Council convened its ninth meeting in Washington, DC. Initiatives to collaborate in pursuing rapid decarbonization and renewable energy transition have been highlighted. The United States and the European Union have pledged to address any future energy crises in Europe, Ukraine, and the Western Balkans. The council also recognized cyber dangers to energy infrastructure. An important takeaway from the council’s latest meeting is

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