Exxon Sued Over Large Yellowstone Oil Spill
Fourteen landowners filed a lawsuit against Exxon Mobil Corp. last week, claiming that the company spilled an estimated 1,500 barrels of crude oil into the Yellowstone River after ignoring warning signs.
Landowners claim that last year's spill could have been avoided had Exxon shut down operations during severe flooding in July. The plaintiffs claim that their property and livestock has suffered due to exposure to oil. Around 70 miles of the riverbank were contaminated, causing “more property damage than all other accidents in Montana over the last decade combined,” the Huffington Post reports.
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After spending around $135 million to cleanup the area and make upgrades to the pipeline, Exxon re-installed the pipeline dozens of feet beneath the riverbed to avoid scouring caused by future flooding.
Officials in the town of Laurel, where the incident occurred had warned Exxon numerous times about the risks, but to no avail. And it wasn't the first spill. Several incidents have occurred over the years.
A second lawsuit against the company from landowners in the county is set to go to trial next October.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.