Solar power has passed another big milestone. Solar has reached and quickly surpassed the 3-terawatt — yes, terawatt — marker globally. That’s how much solar power is installed across the world. Naturally, […]
PI News Feed
Longer wells boost Permian crude oil and natural gas production
Well operators in the Permian region of western Texas and eastern New Mexico are getting more oil and gas out of the ground by drilling longer, horizontal wells and increasingly incorporating so-called […]
The Strongest El Niño on Record Lands on the Tightest Energy Market in Years
Romania spent more than 2 million euros this month detonating rocks and sinking barges in the Danube, trying to shove enough water toward the Cernavoda nuclear plant to keep its reactors cool. […]
VPP value proposition expands to affordability, reliability and resilience
Dive Brief: Successful virtual power plants are reliable distributed resource aggregations that deliver targeted, predictable benefits for distribution or bulk power grids, a group of experts said Tuesday during a webinar organized […]
The Western energy market must shift as power flows evolve, say experts
Dive Brief: The Western energy market is increasingly seeing south-to-north energy flow patterns, a reversal of historical precedent that may require systemic changes along with more accurate generation forecasts, said speakers at […]
Running on Fumes: Diesel Crack Flirts With $100/bbl Milestone
The diesel crack has become a key focal point for the market. After surging more than 11% last week to $92.75/bbl, 264% above year-ago levels, it pushed to a record $99.125/bbl yesterday, […]
Why Has Oil Not Rallied to $150 or Higher?
In a crude oil report sent to Rigzone on Monday, Bjarne Schieldrop, Chief Commodities Analyst at Skandinaviska Enskilda Banken AB (SEB), explained why Brent hasn’t rallied to $150 per barrel or higher. […]
EIA, IEA, OPEC Reports Highlight ‘Massive Divergence’
In a statement posted on his X page recently, Ole Hansen, Saxo Bank’s Head of Commodity Strategy, highlighted that the monthly oil market reports from the U.S. Energy Information Administration (EIA), the International […]
Energy storage cell shipment data for H1 2026 reveal three structural shifts
From ESS News In the first half of 2026 (H1), global energy storage cell shipments reached 467.84 GWh, up 94.8% year-on-year. Quarterly shipments exceeded 200 GWh for the third consecutive quarter, with […]
Solar crosses 3 TW threshold
The world surpassed 3 TW of installed solar capacity, marking another milestone in the rapid expansion of photovoltaic energy. According to BloombergNEF (BNEF), it took about 10 years for global solar capacity […]