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Earlier this month, the US Army launched a large floating solar array at Camp Mackall on Fort Bragg in North Carolina— the country’s largest domestic military base. This launch marks a critical moment for floating photovoltaics (FPVs) which have yet to attract mainstream attention in the USA.
China experts may argue whether this is a setback for President Xi Jinping or not. In the face of faltering growth and energy crises, this haphazard reopening will bring turmoil to global energy markets, but not for the reasons you may think.
The Prism Courage, the Hyundai Group’s 134,000-ton natural gas tanker, made history as the first large ship to make an autonomous voyage of over 10,000 kilometers. While many vessels are equipped with autopilot, the ship’s autonomous navigation system HiNAS 2.0 utilized artificial intelligence to steer and select optimal routes and speeds.
To understand the international agonies and opportunities that rising energy supply costs, exogenous shocks, increasing interest in renewables, and Russia’s invasion of Ukraine present, there is no better example than Kazakhstan. It is singularly damaged by the current crises while simultaneously having so much potential to benefit from the global need for energy.
Government priorities feature prominently in discussions over the transition to renewable energy. Enthusiasm may abound for wind power, but if the United States is serious about its future, it must address critical supply chain disruptions and market-distorting foreign competition.
On Wednesday, Hungary demanded that shipments of Russian oil be exempt from the European Union’s proposed sanctions. This statement comes amidst tense negotiations between Budapest and Brussels over the EU’s sixth round of penalties against Moscow. Budapest has proven the most skeptical of the plan, which requires the unanimous consent of member states.
Sales of electric vehicles (EVs) are booming. First-quarter results are in, and they rock. Despite supply chain issues and higher upfront costs, the auto industry reports strong performances in EVs, with Ford announcing a growth rate of 139%, Volkswagen of 65%, and Tesla of 81%.
The United States is poised to become the world’s leading liquefied natural gas (LNG) exporter by the year’s end. The US Energy Information Administration forecasts the country will export a whopping 12.2 billion cubic feet per day (Bcf/d) average to surpass Australia and Qatar for the top spot.
The Biden administration has reinstated restrictive policies under the guise of environmental protections that impact the construction of major infrastructure projects in the United States, including pipelines and highways. The timing could not be worse.
Oil prices experienced their largest weekly losses in over two years following President Joe Biden’s announcement to release some 180 million barrels of oil (mbd) from the U.S. Strategic Petroleum Reserve (SPR). The 6-month, 1 million barrel per day (bpd) injection is the largest in U.S. history and marks the third time Washington has tapped into Department of Energy (DOE) emergency reserves in the past half-year.
During President Joe Biden's visit to Europe, the US has struck a deal with the EU to boost its liquefied natural gas (LNG) supply as the trade bloc seeks to reduce its dependence on Russian gas. The war in Ukraine highlighted the Old Continent's unsustainable Russian energy habit.
Last week President Joe Biden announced a complete ban on Russian oil and gas imports – the latest in a series of debilitating sanctions meant to punish Russian President Vladimir Putin for his crimes against Ukraine.
As Russia’s war in Ukraine intensifies, the Biden administration banned Russian oil and natural gas purchases. This move represents a departure from initial Western sanctions against the Kremlin, designed specifically to avoid interference in Russian energy flows – particularly to import-dependent Europe.
Russian forces in Ukraine seized the Zaporizhzhia nuclear power station Friday, the largest nuclear power plant in Europe. Brazen tank and artillery attacks on the Ukrainian forces defending the plant resulted in a hazardous fire on some of the facility’s auxiliary buildings.
The forthcoming political change will affect vast energy resources, especially natural gas, in Turkmenistan, one of the most isolated and impoverished countries in Eurasia.
Tensions between Russia and the West over a possible invasion of Ukraine have reached their zenith. If a shooting war between the two ex-Soviet states does erupt, it will likely happen within the next 72 hours, or not at all (this does not preclude the possibility of limited border incursions by Russian troops or perhaps the formal recognition of Ukraine’s breakaway provinces ).
Since 2011, Libya has been suffering from a Hobbesian state of the war of all against all. Chaos, violence, and warfare massively impaired the north African energy giant’s oil and gas supplies.
As the risk of a conflict between Ukraine and Russia grows – one that would undoubtedly imperil European energy security – the Emir of Qatar is invited to visit President Biden at the White House at the end of this month to discuss opportunities for the country to supply liquified natural gas (LNG) to Europe.
As the possibility of a Russian invasion of Ukraine grows ever more likely, Berlin’s hesitancy to impose sanctions on Nord Stream 2 and other pressure points, such as SWIFT bank transfer system, erodes deterrence, and may invite Russian aggression.
In the first weeks of 2022, Kazakhstan experienced its most intense protests since the collapse of the Soviet Union. The causes of the turmoil in the country – like any major upheaval – are multi-faceted and were long in the making.
Countries across the globe are pursuing zero-emission goals, which have created a bottleneck of critical rare earth elements (REE) such as cobalt, copper, and lithium. These are essential components in producing renewable energy technology, from electric vehicle batteries to wind turbine blades. REEs also play a key role in manufacturing semiconductors and other electronics. Access to these resources – both in raw and refined forms – has never been more important.
The transition to electric vehicles (EVs) is occurring apace; sales in Europe are accelerating thanks to early adopter enthusiasm and government subsidies - given the shift in government and EU-wide cleaner energy initiatives. According to Schmidt Automotive, battery electric vehicle (BEV) sales will reach a market share of 60% in Western Europe by 2030, or 8.4 million vehicles – a paradigm shift on the continent where the internal combustion engine (ICE) was invented over 160 years ago.
A new European Union (EU) proposal to treat new nuclear power and natural gas investments as “green” is sparking controversy over the taxonomy of sustainable energy, provoking a clash between Paris and Berlin.
An international team of scientists at Nanyang Technological University (NTU) in Singapore has created a new and highly energy-efficient form of “smart window.” Their proprietary material, when coated on glass window panels, reacts and adjusts to light to regulate ambient temperatures.
Nord Stream 2 (NS2), Europe’s most contentious infrastructure project, seems to have survived the Putin-Biden teleconference and is likely to be approved by the German regulator. This outcome may be the purpose of the recent Russian troop mobilization. Europe’s and Germany’s dependence on Russian gas deepens and may appear irreversible, with long-term geo-strategic consequences the U.S. leaders and planners should take into account. Yet, Russia’s clash with the West would incur very high costs on the Kremlin.
