Prometheus Institute

Asian economies are starting to feel the first serious effects of the oil and gas export paralysis in the Persian Gulf, with economic growth stuttering and likely to deteriorate over the coming […]

Leaving the oil cartel is not just a commercial decision — it reflects structural changes in global energy markets via Financial Times – Energy https://ift.tt/NCW2lbk

When wholesale electricity prices drop below zero during periods of excess renewable generation, as they did over the recent holiday weekend in Europe, flexibility becomes a revenue source. From pv magazine Deutschland […]

CEO Robert Blue said the 2.6-GW Coastal Virginia Offshore Wind farm, which began producing some electricity in March, should be fully operational by 2027 and generate approximately $5 billion in fuel savings […]

Norway’s energy major Equinor has extended key drilling and well services contracts worth a combined NOK 17 billion ($1.8 billion), reinforcing activity on the Norwegian continental shelf as the company targets production […]

Queensland tops charts for wind, solar and battery output in April and helps push monthly gas generation to its lowest monthly level in more than two decades. The post Record battery output, […]

It is profit season again, and Big Oil is raking it in, both in Europe and in the U.S., as soaring oil and gas prices boost earnings. What they are not boosting, […]

Australia may struggle to reach 82 pct renewables by 2030, but its biggest isolated grid now looks very much on course – thanks to government ownership. The post Why Australia’s biggest isolated […]

China’s most effective weapon in the rare earth war wasn’t a missile, a tariff, or a trade embargo. It was a price tag. For more than two decades, Beijing has used a […]

Global oil inventories are crashing and approaching an eight-year low, with the rate of depletion so fast that it exposes the market to further shocks, according to Goldman Sachs. Total oil stocks […]