Market Moves: Energy - May 10th, 2024
 
 
Your next water heater could be the most efficient yet.
Market Moves: Energy | View online
 
May 10, 2024
From the Editor

Although clean energy may be all the rage, the industry is still learning the ropes in many ways. As you’ll see in one story, it might do “the new kid on the block” some good to communicate with and learn from the experiences of its oil and gas predecessors when it comes to efficiency and cutting through regulatory red tape.

But even with its stumbles, the country continues to lean into renewables and tackling emissions: From an ambitious, solar-powered plan in Pennsylvania to a bi-coastal proposal on offshore wind, and even new rules on methane reporting in our top story, this issue tackles some big topics in almost every corner of the energy sector. 

— Jennifer Ramsay

 

The rule is part of the EPA's broader plan to crack down on methane emissions by oil and gas companies.
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The new standards are projected to save American households $7 billion in utility bills annually.
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The company will also invest $180 million in a transformer factory in the Vaasa region, Finland.
Anaerobic digesters will be built on dairy farms and fed by the waste from a network of food industry brands.
The arrays will power 16 agencies, reducing their carbon footprint by 157,800 metric tons per year.
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Cynthia Pyc, an RWE Director, believes the sector should study the experiences of oil and gas companies.
The sales could generate more than 18GW of energy, enough to power more than six million homes.