Marco Campos

Driving Costs Shift Gears in California Mineral Royalties - #energy #naturalgas #oilandgas The article linked below discusses a new Caltrans initiative to address declining gas tax revenues due to the rise of electric vehicles. The program proposes charging drivers about 3 cents per mile to fund road maintenance, which costs the state over $8 billion annually, or $405 per year. According to AI, to fully replace the projected $4.4 billion shortfall as EVs become more common, the rate would need to increase to around 12 cents per mile or over $1,600 per year. Given California's history of frequently raising gasoline taxes, drivers should expect potential increases in the per-mile charge to cover rising costs, in line with the state's precedent of adjusting taxes to meet funding needs. https://lnkd.in/gfxTRYzf If you want to learn how to receive a monthly royalty income, feel free to give us a call. Visit our website. https://lnkd.in/gudyxG3m Listen to and like this video then Subscribe to this channel. Uncover ways to use Self Directed IRA and 1031 Exchange funds to purchase a mineral property. Do you have a strategy to protect your wealth from recession, inflation, stagflation, hyperinflation or the energy crisis? We offer FREE reviews if you are evaluating an oil well drilling or re-work deal. Give us a call or send us an email. #oilandgasindustry #minerals #mineralresources This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA, or financial advisor and I am not giving legal, financial, or tax advice.

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BKV's CEO, Chris Kalnin, sat down to catch up with Hart Energy's executive editor-at-large, Nissa Darbonne. Their conversation delved deep into BKV's various business lines, the company goals and the energy industry's ever-evolving landscape. Thank you to Nissa Darbonne and Hart Energy for this illuminating interview. Watch the full interview: https://ow.ly/wsWU50RgAaF. #EnergyIndustry #IndustryInsights

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How to deal with power generation risk in a rapidly changing environment when there is no bridge to the energy transition? Sell it off. #powership #powerbarge #ercot #entergy #pge #california #reliablepower #temporarypower #emergencypower #SiemensEnergy #GeneralElectric #electricpower #powerplant #gasturbine #powergeneration #resilience #IPP #utilities #rentalpower #infrastructure #Louisiana #serc #prepa #miso #ercot #spp #miso #isone #nyiso #caiso #pjm #ferc #nerc

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Next week ALLY Energy is hosting a Chatham House discussion on the future of energy and AI, bringing together clients, artists, scientists, friends, and the curious. Leaders from big companies like Shell, Southwestern Energy Woodside Energy, TPI Composites, Inc. and Sunnova Energy as well as smaller startups like Series A Kanin Energy will be joining us to look at how we can address developing a sustainable pipeline of talent to meet the challenges ahead leveraging tech. Over the past decade, ALLY has been dedicated to building a trusted community for talent. As we anticipate layoffs (and hiring) in the coming months, similar to those seen in 2014, we are reaffirming our commitment to people. Retaining energy talent, redeploying displaced workers, and attracting new talent are our priorities to help companies of all sizes across various sectors harness exceptional human capital. We cannot afford a brain drain and we will do this in partnership with our big allies in Silicon Valley. This marks a pivotal moment in our company's history. If you are interested in being part of this journey, feel free to reach out. I have a few spots reserved for my LinkedIn network. This picture was at sunset in Seattle a few weeks back. It’s representative of the new day ahead and the sunset of a remarkable past. Let’s go build the future! #Energy #AI #FutureofWork #TalentManagement #Networking

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I love when huge energy and industrial companies bet on themselves. That’s what we’re seeing from NextEra, in historic proportions. NextEra Energy, Inc. is a massive power company with a nearly $140 billion market cap. They own Florida Power & Light, one of the largest utility companies in the US. They also have a massive and quickly growing wholesale power generation business. They’re learning as hard into renewables as any company is at this scale. It’s remarkable. We can see just how aggressive they’re being in the chart below. The solid line on top is the size of the company’s property, plant and equipment (PPE) base, net of depreciation. These are the real, tangible assets the company uses to generate and transmit power. The dashed line on the bottom is the trailing 12 months’ worth of capital expenditures (capex), i.e. investment in growing PPE. Both of these are in billions of US dollars and map to the right axis. The blue bars are the ratio of capex to PPE and map to the left axis. What do we see? NextEra’s capex spend has grown at a 20% compound annual growth rate (CAGR) in the past 6 years. As a result, its PPE base, again net of depreciation, has grown at 11%. For comparison, if we go to the US Bureau of Economic Analysis, we can find the stock of private equipment by industry. Over the most recent 6 years of BEA data, we see the electric power segment’s private equipment has grown at a 7% CAGR. In other words, NEE has outpaced the whole segment’s expansion by 4 percentage points annually. Remember, in a world where interest rates are higher than they were, and where it looks like they’ll remain that way for a while, this level of investment is expensive. It’s a high risk, high return strategy. NextEra is taking on new debt and issuing new equity to generate the capital for all this investment. That comes with risk. And yet management clearly feels the urgency to transform its asset base in a much lower carbon direction. If you’re interested in the energy transition, you should follow developments over at NextEra. They’re placing some of the largest, most consequential bets on the future of US power infrastructure. #energy #power #renewableenergy

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🔌 PJM on #EPA power plant rules: “The future demand for electricity cannot be met simply through renewables given their intermittent nature. …[T]he Final Rule may…dissuade new gas resources from coming online.” US must choose: EPA climate rules or AI/data centers. Can’t have both.

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DOE Releases First-Ever Roadmap to Accelerate Connecting More Clean Energy Projects to the Nation's Electric Grid. DOE Releases First-Ever Roadmap to Accelerate Connecting More Clean Energy Projects to the Nation's Electric Grid http://ow.ly/emWt105pNC8

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QUIZ: Test Your Natural Gas Pipeline Knowledge! 🎓 Which of the following pipelines does not directly serve the state of California? A. El Paso Natural Gas B. Kern River Gas Transmission C. Pacific Gas and Electric D. Transwestern Pipeline E. Northern Natural Gas Click here to check your answer- https://lnkd.in/gXCfXumz

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Here's what EnergyCapital readers were interested in this week: https://lnkd.in/g3rzEvUu

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Reading the article below, I am increasingly eager to see and personally participate in crucial steps that will ensure people in underserved communities have opportunities to help clean energy projects like hydrogen hubs deliver affordable, climate-friendly resources and address local economic, social, and environmental priorities. Integrating models from the Regional Energy Democracy Initiative, Justice40, and Community Benefits Planning can create jobs, improve labor standards, reduce local pollution, and delivering benefits of hubs to communities. My vision is to see project teams and diverse community partners like me seated together at tables, negotiating technical assistance, training programs, and other meaningful benefits for communities that have, for too long, only learned about development once it's too late to participate in a project or change its trajectory. Let’s drive cohesive, collaborative strategies for environmental justice, economic considerations, community health, opportunity access, workforce development pipelines, and regional industry infrastructure planning.  Feel free to share your thoughts and ideas on this.

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Gas is the best BRIDGE transition to nuclear power. 1. Coal-to-gas transition responsible for almost 2/3 of all reductions in CO2 emissions from US electricity generation. 2. Methane leakage reduces that positive effect, yet can be better controlled. https://lnkd.in/euf6rVUB

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NERC reports some U.S. regions at risk for energy shortfalls in extreme summer conditions. Parts of the United States could be at risk for electricity supply shortages if electricity demand peaks are higher than anticipated or if less electricity is generated than expected, according to the North American Electric Reliability Corporation’s (NERC) 2024 Summer Reliability Assessment. Under normal summer demand conditions, NERC expects the continental United States to have adequate power resources this year. http://ow.ly/iMkH105wg4J

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There’s a ton of noise surrounding the EPA regulations lately, especially regarding super-emitters. We’re seeing a lot of fear mongering out there and it's hard to know what to believe. Asa Carré-Burritt (aka “The Beard”) and Ryan Streams (aka “The Stache”) gave an outstanding presentation last week on our grounded approach to cut through all that noise. The core theme of the presentation encourages folks to step back, take a deep breath, and let comprehensive data and thoughtful strategy, rather than fear, guide your decision making. Comprehensive data and analytics give our clients the information advantage to be on the offense by removing emissions at the root cause instead of defensively playing "whack-a-mole" and trying to out-race satellites. Check out the webinar here if you missed it: https://lnkd.in/gBJTQYrm #methane #leakdetection #oilandgas

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ICYMI: Texas was in the path of totality during the solar eclipse.☀️ But many were unaware of the phenomenon's impact on the Texas grid. Learn more on how #natgas filled the power generation gap on April 8:

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To adapt to the increased risk of extreme weather, utility companies must strategically invest in resources to mitigate risks while maintaining grid resilience and reliability. In their latest Sendero blog, Consultants Karley Lea and Saqib Vikaruddin, CSM share the technology behind innovative wildfire risk mitigation and proactive vegetation management solutions. Click the link below to keep reading.

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Via Utility Dive: " NV Energy seeks new tariff to supply Google with 24/7 power from Fervo geothermal plant: The “Clean Transition Tariff” is intended to spur the deployment of more dispatchable clean energy resources, Google leaders say. " #Energy #Utility #Utilities

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GenCell Wows Austin Crowd of Energy Professionals with Hydrogen-Fueled Products that Will Revolutionize Grid Resilience and Disaster Response LINK: https://lnkd.in/e6e9KTgK #ConsultingIssues #TheDailyConsultant #Strategy #Innovation #Leadership #Management #Business #Operations #Advisory #Finance #Project #Policy #Process #Technology

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