19 Nov, 2021

New DOE Office of Clean Energy Demonstrations; LNG exports hike domestic prices

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A newly passed bill from Congress will create an Office of Clean Energy Demonstrations at the U.S. Department of Energy.
Source: MingzheZhang/iStock/Getty Images Plus

SPOTLIGHT

➤ New DOE office could help bridge 'valley of death' for clean energy technologies

The infrastructure bill from Congress will create a new office within the U.S. Department of Energy that could speed the commercialization of emerging clean energy technologies.

➤ Surging US LNG exports hike domestic gas prices amid global supply crunch

U.S. LNG export facilities continue to run at full throttle as a tight global market sends domestic natural gas prices to their highest level in years.

➤ New SEC guidance emboldens shareholder activists as 2022 proxy season ramps up

With the 2022 proxy season ramping up, a recent decision by U.S. Securities and Exchange Commission staff to return more influence to investors has already yielded some early shareholder successes.

➤ Southwestern Energy issues ESG goals but no net-zero emissions pledge

A Southwestern Energy Co. corporate responsibility report promised that the pure-play shale gas producer will continue to reduce methane leakage, but it did not set net-zero or any other emissions targets.

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CHART WATCH

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Through 2023, Tampa Electric Co. plans to add 600 MW of utility-scale solar generating capacity through 11 specific projects across its service territory in three phases. The utility also has plans to further empower customers through technology via a multiyear project to build a smarter grid that delivers safe, more reliable and affordable energy to customers.

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MARKETS & FINANCE

US solar industry looks to rebound after tariff threat stalled business

Western US coal production surged in Q3 to meet increased demand

Pa. gas permits flat in October, but cracks appear in E&Ps' low-growth position

Japan sees US as key supplier for its hydrogen ambitions

US EV charging funds must unlock at least $75B in private capital – coalition

POLICY & REGULATION

NERC: Extreme weather, gas, hydro constraints pose winter reliability risks

COP26 deal reached: Nations target coal, pledge more climate action in 2022

FERC hears support for transmission rule targeting renewable energy-rich zones

FERC/NERC staff detail 28 actions to avoid repeat of mid-February blackouts

Climate impasse persists in FERC review of Iroquois Gas compression project

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LISTEN UP

Inside COP26: Chaos, optimism, progress

There have been a lot of headlines coming out of COP26, the big United Nations climate conference that took place in Glasgow the first two weeks of November. In this episode of ESG Insider, S&P Global brings you inside the event through interviews with COP attendees.

Episodes of ESG Insider are available on iTunes, Spotify and other podcast platforms.

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PROJECTS & INFRASTRUCTURE

Bill Gates-backed TerraPower tabs Wyoming site for $4B 'next wave' nuclear plant

CO2 power plant's 1st grid delivery hailed as 'Wright brothers' breakthrough

NRC increasing Vogtle oversight after finalizing construction violation findings

Texas Eastern seeks FERC authorization for project to supply Plaquemines LNG

Freeport LNG, Talos Energy ink deal to develop Gulf Coast carbon capture project

OPERATIONS & STRATEGY

Algonquin could sell assets to fund Kentucky Power, transmission acquisition

Quashing breakup calls, SSE targets networks sales to fund £12.5B green plan

Duke Energy Indiana resource plan would add renewables, continue gas generation

All chips on green: RWE to spend €50B on renewables pivot by 2030

New Jersey Resources targets net-zero operations at gas utility

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