It seems like the mining sector is following in the footsteps of oil and gas with the era of the megamerger in full swing. There is great speculation about the potential merger […]
PI News Feed
Coal Continues to Dominate China’s Energy Landscape
Coal is still king in China despite the renewables boom with record additions of solar and wind power generation. Thermal power generation, which is overwhelmingly dominated by coal, rose by 1.5% in […]
Forecast wholesale power prices and retail electricity prices rise modestly in 2025
In our January Short-Term Energy Outlook (STEO), we expect that U.S. wholesale power prices will average slightly higher in 2025 in most U.S. regions than last year, except in Texas and in […]
The AMOC is slowing, it’s stable, it’s slowing, no, yes, …
There’s been a bit of media whiplash on the issue of AMOC slowing lately – ranging from the AMOC being “on the brink of collapse” to it being “more stable than previously […]
Solar PV overtakes coal in EU power sector
Chris Rosslowe, senior analyst and lead author of the report, said: “At the start of the European Green Deal in 2019, few thought the EU’s energy transition could be where it is […]
China may finally put a lid on coal
Grid upgrades are set to unlock more renewable capacity, putting the fortunes of domestic fossil fuel groups at risk via Financial Times – Energy https://ift.tt/UWHZ9CT
Lack of Northeast gas pipeline capacity poses ‘severe threats to reliability’ in cold weather: NERC
A lack of spare pipeline capacity in New York and New England poses “severe threats to reliability” during periods of extreme cold weather, the North American Electric Reliability Corp. said Tuesday, responding […]
West Coast floating offshore wind could deliver 33 GW by 2050, DOE labs say
Deploying floating wind offshore the West Coast could deliver up to 33 GW and help build out needed transmission, but the youth of floating wind technology and a lack of needed infrastructure pose […]
EU Poised to Extend Gas Storage Targets Into 2026
The European Union is considering extending the binding natural gas storage targets for EU member states for at least another year after the current goals expire at the end of 2025, EU […]
Global Economy Faces $5.7 Trillion Loss from Decoupling
Economic fragmentation could be more damaging to the economy than either the global financial crisis or the pandemic, a new report has warned. Full decoupling between western economies and eastern economies could […]