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 […]
Dominion upbeat on offshore wind as cost estimate eases, sales rise
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 […]
Equinor Bets on New Wells to Offset Declining Fields
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 […]
Record battery output, big winds push monthly gas generation to lowest level in more than two decades
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, […]
Big Oil Resists Push To Prioritize Output Growth
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, […]
Why Australia’s biggest isolated grid now leads rest of country in race to reach 80 pct renewables
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 […]
How China Killed Every Rare Earth Competitor Before It Could Get Started
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 […]
Goldman Sachs: Global Oil Inventories Fall to 8-Year Low
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 […]
World’s islanded grids are test beds for high‑penetration renewables, storage and advanced controls
Islanded and semi‑islanded grids cannot pretend the old fossil fleet will always come to the rescue. They must plan for independence, high shares of renewables, storage and flexible demand. The post World’s […]
Coal distributions for non-electric power use decline in the South
The volume of coal delivered in the United States for uses other than power generation—primarily, for manufacturing—decreased by about half in the last 15 years. Coal delivered for these purposes in the […]