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EU Locks In Plan To Triple Energy Storage Capacity By 2030
Europe desperately needs an energy storage revolution. As the region gets rocked by the third energy...
Oil Traders Stay Bearish Despite Deepening Middle East Disruptions
Despite continued hostilities in the Middle East and an expansion of the war to the Red Sea, oil tra...
S&P closes at record high as soft jobs report eases rate-hike concerns
STORY: U.S. stocks rallied on Friday, with the Dow gaining more than a quarter of a percent, the S&P...
Higher Oil Prices Have Cost U.S. Consumers $45 Billion Since Iran War Began
As U.S. drivers face the highest Memorial Day gasoline prices in four years, American consumers are paying billions of dollars more on gas and diesel than they did a year ago. The global oil supply ...
Political and Economic Shifts Cause Massive 42% Clean Energy Slump
The world’s largest two economies, the United States and China, are both majorly cooling off on investments in clean energy manufacturing, but for very different reasons. In China, the decline in inve ...
Denmark Just Made Carbon Capture History, And Almost Nobody Noticed
For years, carbon capture and storage (CCS) has existed in a strange political limbo. Governments praise it in climate strategies. Heavy industry quietly depends on it in their net-zero roadmaps. Envi ...
Grid Bottlenecks Could Slow Southeast Asia’s Power Demand Surge
Data centers, electric vehicles (EVs), and green industrial clusters are expected to lead to about 100 terawatt-hours (TWh) of incremental power demand in Southeast Asia by 2030, but slower grid infra ...
Who Pays When Utility Managements Screw Up?
Please excuse the infelicitous wording, but that is what this is all about. Not missteps or misjudgments but genuine, massive screw-ups. Policy makers in the United States worked out that problem over ...
The Iran War Could Trigger a Global Fertilizer Shock
The loss of fertilizer shipments coming from the Persian Gulf as a result of the Iran war got me thinking about the chemist Justus von Liebig, a prominent 19th-century proponent of the mineral theory ...
NextEra-Dominion Energy Merger To Create World’s Largest Electric Utility
Leading clean energy utility, NextEra Energy (NYSE:NEE), has agreed to buy Dominion Energy (NYSE:D) in an all-stock transaction valued at $66.8 billion, marking the largest power utility acquisition o ...
Did Trump Trade Taiwan To China To End The Iran And Russia Wars?
As U.S. President Donald Trump landed in Beijing last Wednesday for a two-day summit with his Chinese counterpart Xi Jinping, his aides would have been acutely aware that he had faced extensive critic ...
European Airlines Say Jet Fuel Supply Is Under Control for Summer
European airlines are becoming increasingly confident the continent would avoid a jet fuel shortage this summer as refiners maximize jet fuel output and buyers diversify imports to offset supply losse ...
U.S. LNG Is Becoming the Backbone of Global Gas Supply
For years, global LNG markets operated under a fairly comfortable assumption. Qatar would remain a stable supplier, the Middle East would continue functioning as the center of global LNG trade, and bu ...
Australian Strike Could Worsen World's Already Strained LNG Markets
An Australian trade union is threatening to start a strike at an LNG export facility from May 27, in a two-week-long industrial action that could further tighten the global LNG supply, which is alread ...
Brazil’s Record Oil Production Comes at a Crucial Moment for Global Markets
Recent oil price shocks in response to the closure of the Strait of Hormuz underscore the importance of oil-producing countries outside of the Middle East. One of the most important is Brazil, Latin A ...