Tag: infrastructure
Companies compete to build European EV charging stations
Fewer than 100,000 EV charging stations in Europe Power utilities, big oil companies and tech start-ups are squaring off in a battle to establish themselves as kingpins in the growing and ever-changing business of EV charging stations. “It is a bit of a landgrab now to win this sector,” Tim Payne, chief executive of British […]
Global infrastructure investment of $97 Trillion needed by 2040
US to have the largest funding gap, Canada among countries with the lowest funding gap A ground-breaking new report by the G20’s Global Infrastructure Hub (GI Hub) outlines infrastructure investment needs globally and individually for 50 countries and seven sectors to 2040, according to a press release. The report, Global Infrastructure Outlook, reveals the cost of providing infrastructure […]
Senate endorses new ‘national infrastructure corridor’ concept from University of Calgary
National Corridor would include highways, railways, pipelines as well as electrical transmission, communications networks A Senate committee has endorsed a 2016 University of Calgary study that demonstrated the value of a cross-country “national infrastructure corridor” through northern Canada to tidewater, calling for Ottawa to take the lead on the project, which would likely take decades to […]
For California community in Oroville Dam shadow, troubles go back decades
Near collapse of Oroville Dam spillway nearly collapsed By Robin Respaut Feb 14 (Reuters) – For nearly 50 years, the Oroville Dam has provided a water lifeline to residents across the state of California. But for the community in its shadow, the dam has been a source of contention and legal battles. Weeks of winter […]
International tribunal orders Ecuador to pay ConocoPhillips $380 million
Tribunal also issued a separate decision finding Ecuador entitled to $42 million ConocoPhillips’ wholly owned subsidiary, Burlington Resources Inc., received an arbitration award of $380 million from an international arbitration tribunal, constituted under the International Centre for the Settlement of Investment Disputes (ICSID), for Ecuador’s unlawful expropriation of Burlington’s significant investment in breach of the […]
Taking a closer look at Donald Trump’s blueprint for US energy
Keeping oil and gas growth pace, but spurring rebound in coal production could be challenging, regardless of policy President Trump wants to create federal government policy that powers a recovery in domestic fossil fuel production, driving renewed drilling and mining investment, and creating new jobs in mines and on rigs. Will these policies — likely […]
Report: Anti-pipeline movement could cripple US electricity grid by 2030
Denying pipeline expansions will raise electric rates, cut jobs and jeopardize US energy security A new report released today by Consumer Energy Alliance (CEA) found that rejecting pipeline infrastructure would remove almost one-third of US electricity generation capacity by 2030, dangerously raising electric rates nationwide, especially for poverty-stricken households. The report, titled “Families, Communities and Finances: […]
API stresses need for increased natural gas infrastructure as winter approaches
API Chief Economist Erica Bowman has highlighted the positive impact that improved energy infrastructure could have on utility prices on Friday’s press conference call on the energy outlook for the 2016-2017 winter season. “This winter, American consumers are set to face colder temperatures as compared to last year. The Energy Information Administration estimates that temperatures in […]
US infrastructure $1.44 trillion short through 2025: American Society of Civil Engineers
US infrastructure gap could mean job losses, lower GDP By Hilary Russ May 10 (Reuters) – America will fall $1.44 trillion short of what it needs to spend on infrastructure through the next decade, a gap that could strip 2.5 million jobs and $4 trillion of gross domestic product from the economy, a report from a society […]
US, Israeli energy ministers sign new energy agreement
Agreement covers oil and gas, alternate fuels, smart power grids, water desalination, cyber protection of infrastructure Jerusalem – The US Department of Energy and the Israeli Ministry of National Infrastructure have signed an agreement Monday that will further enhance cooperation between the two countries. “Today, our nations further solidified our ongoing cooperation,” said U.S. Energy […]
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