Category: Business News
Equinor and partners Petoro, Shell, Total and ConocoPhillips have decided in favour of Troll West electrification, and today submit the plan for development and operation to the minister of petroleum and energy. The decision includes partial electrification of the Troll B platform and full electrification of Troll C in the North Sea. This will cut […]
Source: World Oil
Category: Business News
As the American Jobs Plan, President Biden’s $2.25 trillion infrastructure package proposes a $174 billion investment ‘’to win the EV [electric vehicle] market.” The goal of 500,000 charging stations across the U.S. by 2030 is big probably not ambitious enough. The American Energy Alliance, for instance, reports that “wouldn’t even amount to 50% of what is needed in […]
Source: Forbes
Category: Business News
President Biden this week will pledge to slash U.S. greenhouse gas emissions at least in half by the end of the decade, according to two people briefed on the plan, as part of an aggressive push to combat climate change at home and persuade other major economies around the world to follow suit. The […]
Source: The Washington Post
Category: Business News
The world’s largest synchronous electricity network has allowed many European countries to make power trading a part of everyday grid balancing. Until now, France has usually acted as the grid’s largest exporter, thanks to its location and nuclear fleet. But in 2020, Norway rose above France to become Europe’s powerhouse. What changed in the two countries, and is this an anomaly or a trend?
Source: power-technology.com
Category: Business News
Walter Mondale, who transformed the role of the vice president during Jimmy Carter’s one-term presidency, yet suffered a crushing political defeat as the Democratic nominee against incumbent Ronald Reagan in 1984, has died. He was 93. Mondale, often called by his nickname “Fritz,” died Monday in Minneapolis, his family said in a statement. No cause […]
Source: Deadline