By Emma Kaufman, USA Today, May 25, 2023
Most of us hear the words “Inflation Reduction Act” on televised news, on social media, or around the office. But what does it mean for us? Passed in 2022, the IRA covers a massive amount of ground, but contains key provisions focused on home energy costs, investments into clean energy, cutting carbon emissions, and more.
By Rocky Teodoro, Rigzone, December 26, 2023
2023 brought massive investment from ConocoPhillips to develop the Willow Project in Alaska. When completed, Willow is estimated to produce approximately 600 million barrels across the lifetime of the project - supporting energy security and the energy expansion around the world.
Check out the "Top 10 Things to Know" about the Willow Project by ConocoPhillips.
News provided by Georgia Power, PR Newswire, July 31, 2023
The anticipation was drawn out - but worth it, as Vogtle 3 came online in July of 2023 to start commercial operations. Located near Waynesboro, Georgia, the project’s completion marked the first time in 7 years that a new nuclear reactor began supplying power to the grid. Plant Vogtle 3 & 4 use the Westinghouse AP1000 design - a new and improved design that brings safer, more efficient operations.
By Ben Finzel, Great Plains Institute, August 7, 2023
According to a study released by Great Plains Institute and Carbon Solutions, LLC, installing carbon capture technologies to reduce emissions from industrial and power facilities has the potential to result in billions of annual health benefits nationwide. Reducing nitrogen oxides, sulfur dioxide, and particulate matter can lead to positive health benefits such as “reductions in adult and infant mortality, asthma exacerbations, and overall costs of lowering risks of all health categories (Finzel, 2023).”
Read the entire report here: “Carbon Capture Co-benefits: Carbon Capture’s Role in Removing Pollutants and Reducing Health Impacts”
By Eric Wesoff and Maria Virginia Olano, Canary Media, August 25, 2023
2023 was a monumental year for renewable energy deployment, thanks to the momentum of supportive policies, global energy security concerns, and rising fossil fuel prices. Driving much of the growth in deployment has been onshore wind capacity.
Energy is booming on every level. Check out the stories we're pumped about this week!
Each year brings new developments and growth in various sectors of the energy industry. Check out our favorite headlines from 2023!
Velocity President Rysen Shirzadi provides his insight into our role as young professionals in the evolving energy space.
From Tetris to clean energy, creating a carbon time machine, and balloons are the new straws.
A myriad of new fuels see potential, but are many of them just hot air?
From the Supreme Court to AI improving supply chain, here's what we are following this week.
Stories about court cases, permafrost and an electronic nose(?!). Happy Friday.
A Look Inside
Who are Velocity's Innovative Professionals?
A Look Inside
Skis. How they're made, and why you might want to thank an oil worker the next time you hit the slopes.
The pros and cons of a climate emergency, anti-styrafoam rhetoric, and using mining waste to capture CO2.