The Edward Hyatt Power Plant, an important part of California's energy mix, is expected to close for the first time this year as water levels in Lake Oroville decline due to extreme heat and drought conditions. The facility is already operating at reduced capacity, and California residents have been advised to reduce power consumption through Friday to minimize outages.
This image contrasts waters levels at Lake Oroville from 2017 and late last month.
Los Angeles County Superior Court Judge Mitchell Beckloff issued a tentative order that leans toward dismissing a lawsuit challenging plans to dismantle a pair of fuel rod storage pools at the San Onofre nuclear power plant decommissioning site. The lawsuit argued the pools were needed in case there were problems with the site's dry storage, but the judge wrote that "substantial evidence shows -- even after dismantling the spent fuel pools -- safe storage and transport alternatives for SNF (spent nuclear fuel) exist."
Miners at the Jwaneng mine in Botswana earlier this month found a 1,098.3-carat diamond, which may be the third-largest diamond ever mined. The diamond is 73 millimeters long, 52 millimeters wide and 27 millimeters thick, says the mine's owner, Debswana, which is owned by the Botswanan government and the De Beers Group.
Last year's pandemic-induced oil downturn has made US shale producers more prudent and forced a shift from capital-intensive growth to capital preservation and discipline, putting the industry on track to generate a record of more than $30 billion in free cash flow this year, according to Bloomberg Intelligence. Drillers will likely continue to prioritize investor returns even as spending by the sector is expected to rise from $58 billion in 2021 to $80 billion in 2022, as per IHS Markit estimates.
Chevron and Occidental Petroleum have evacuated workers from some US Gulf of Mexico platforms and activated storm protocols in preparation for a possible tropical storm that has begun to take shape in the region. "We will continue to closely monitor the storm and we remain focused on the safety of our workforce, the integrity of our facilities and the protection of the environment," said Chevron spokesperson Deena McMullen.
US natural gas production has rebounded from a low of 87.8 billion cubic feet per day in May 2020 to 92.2 Bcf/d this past May and is projected to average about 94.8 Bcf/d at the end of 2022, according to the Energy Information Administration. Natural gas rig activity has also increased from 68 in July 2020 to 96 as of June 8, with the Haynesville Shale accounting for 48 of those.
Maine Gov. Janet Mills on Thursday signed a law that directs the state's treasury and $17 billion pension fund to divest from fossil fuels by 2026. The law makes Maine the first US state to pass statewide legislation on fossil fuel divestment.
The Senate on Thursday voted 88-9 to confirm Tommy Beaudreau to approve his nomination to serve as deputy Interior secretary. "His performance at his nomination hearing demonstrated that he has both a firm grasp of the issues and the ability to listen, learn and work with all sides and to find common sense solutions to difficult problems," said Sen. Joe Manchin, D-W.Va.
The Federal Energy Regulatory Commission and the National Association of Regulatory Utility Commissioners have formed the Joint Federal-State Task Force on Electric Transmission to weigh the cost and benefits associated with transmission build-out and help pave the way for renewables. "It is increasingly clear that interstate transmission will play a critical role in the transition to the clean energy future," tweeted FERC Chair Richard Glick.
RESB Murmurs: Since most conversations about the occurrence of blackouts seem to have shifted from "if" to "when," any help from this task force can't arrive soon enough. - Sean
The G7 Summit last week failed to yield a commitment to end domestic coal consumption and firm goals for financial aid to help developing economies decarbonize, and now skeptics are wondering if the UN COP26 conference will be more of the same. "We need to move faster, because we're now in the homestretch to COP26," said COP26 President Alok Sharma.
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