Jonathan Raa | Nurphoto | Getty Images The United Arab Emirates announced Tuesday that it will exit OPEC on May 1. "This decision follows a comprehensive review of the UAE’s production policy […]
This isn’t demand destruction. It’s rationing.
An earlier version of this article was published on LinkedIn. The oil market is doing what it always does under stress: hiding reality behind softer language. We’re told demand is “falling,” that […]
US Oil Drillers Scale Back as Global Supply Crunch Continues
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig […]
The Green Hydrogen Dream Is Slipping Further Out of Reach
Green hydrogen gained significant traction during the post-pandemic period, as governments worldwide pledged to decarbonise their economies and energy companies looked to diversify their portfolios. Hydrogen produced using renewable energy as an […]
Structural Gas Demand Destruction Threatens Global LNG Market
The impact of the war in the Middle East could lead to structural demand destruction on the world’s natural gas markets, the head of the Gas Exporting Countries’ Forum warned in the […]
What load growth demands of resource planning
Utilities and grid operators are facing load growth projections that would have seemed implausible just five years ago. For example, as of last November, the Electric Reliability Corporation of Texas (ERCOT) reported […]
Small modular reactors and microreactors under development in the United States
Electric utilities in the United States currently operate about 98 gigawatts (GW) of nuclear generating capacity, but very little nuclear capacity has been built in the last few decades. High capital costs […]
Rethinking Utility Incentives and Business Models in the Age of Distributed Energy
Many utilities have been slow to embrace distributed energy resources (DERs) and, in some cases, have reshaped rate structures and compensation mechanisms to limit their growth. This is not simply resistance to […]
Nuclear Fusion’s Funding Rush Comes With a Catch
As nuclear fusion technologies move towards commercialization, the industry will need hundreds of millions, if not billions of dollars of new capital, either from public or private sources, in order to grow. […]
Is Reality Finally Catching Up With Financial Markets?
I believe the global financial markets are now in what I would call a Wile E. Coyote moment, frequently depicted in the old Warner Bros. animated series called "The Road Runner Show." […]
Prometheus Institute 