FuelCell Energy reaches agreement to sell technology in Asian markets
FuelCell Energy entered into a settlement agreement with POSCO Energy Co. and its subsidiary, Korea Fuel Cell Co., confirming its exclusivity in selling its technology throughout Asia. The agreement states that all licenses previously granted to POSCO Energy are amended. POSCO has the right to se... Read More »Michigan PSC shifted focus to reliability, transparency in 2021
In direct response to severe storms that crippled power supplies to millions of residents, the Michigan Public Service Commission (MPSC) noted that, as the year winds to a close, its 2021 was spent with a renewed focus on grid reliability and the need for climate change protections. The summer wa... Read More »Energy & Geoscience Institute partners with NETL in pursuit of enhanced geothermal systems
A recently announced partnership between the Energy & Geoscience Institute (EGI), U.S. Department of Energy’s (DOE) Geothermal Technologies Office (GTO), and the National Energy Technology Laboratory (NETL) seeks to optimize and develop geothermal systems technologies to power the United States. ... Read More »U.S. petroleum exports slightly ahead of imports in first half of 2021
According to the Energy Information Administration (EIA), U.S. petroleum exports narrowly beat out imports in the first half of the year, sending out 120,000 more barrels per day (b/d) – less than 1 percent – than it took in. Traditionally, the United States has been a net importer of crude o... Read More »EDP Renewables purchases 51 percent of 70 MW wind farm in Poland as part of 10-year agreement
An agreement reached between EDP Renewables and NSG UK Enterprises Ltd this week guaranteed EDPR 51 percent of the power drawn from a 70 MW Polish wind farm (35.7 MW) for the next 10 years, as of Jan. 1, 2022. This power purchase agreement will further expand the supplies of the world’s fourth-... Read More »NETL working with partners on technology to seal off leaks in orphaned wells
The National Energy Technology Laboratory (NETL) has been working with several partners to develop a technology to help seal problematic defects in wellbore casing cement, including those in orphaned oil and gas wells. The technology could be used to prevent leakages of methane, a potent greenhou... Read More »Piedmont Natural Gas looking to reduce rates for customers in the Carolinas
Piedmont Natural Gas is looking to reduce rates for its customers due to a decrease in the market cost of natural gas. The Charlotte-based company recently filed requests with the utility commissions in North Carolina and South Carolina. If the decreases are approved, bills for the average resi... Read More »The first cleaner-powered hybrid electric bucket trucks in its vehicle fleet are now on the road, helping to provide reliable electric service to customers of its Jersey Central Power & Light (JCP&L) subsidiary in New Jersey.