Has 2020 skewed perspectives on energy prices?

Listen to the latest episode of the Resonance podcast here.

Biden signs executive order to rejoin Paris climate change accord

The president also signed an executive order to halt the construction of the controversial Keystone XL pipeline

US announces $14.5m for offshore wind environmental research

It will support research efforts to increase understanding of the environmental impacts of offshore wind, as well as projects that advance and validate tools to monitor and minimise impacts

US natural gas and oil production to fall in 2021

That would be a result of a decline in drilling activity related to low oil prices, with responses to the COVID-19 pandemic also leading to supply and demand disruptions

US announces $160m for fossil-based hydrogen projects

The Department of Energy suggests fossil fuels currently provide the lowest cost pathway for producing hydrogen

US awards $47m to commercialise ‘transformational’ energy technologies

It is supporting ‘high risk and potentially disruptive’ new electric vehicle battery, data centre efficiency, grid modernisation, emissions mitigation and storage technologies

US awards $20m for advanced nuclear reactor concepts

The latest programme aims to assist the progression of advanced reactor designs in their earliest phases

US solar panel installations predicted to have risen 43% throughout 2020

A record 19GW of new solar capacity has been installed this year, according to a new report

Drones to locate abandoned oil and gas wells in New York

The wells release methane, which is many times more potent than carbon dioxide as a greenhouse gas and is second only to CO2 in its overall contribution to climate change

US invests $45m in advanced solar technologies research

It is also supporting the creation of a consortium dedicated to developing control technologies for a modernised electric grid