In the recently fervent efforts of oil and gas companies to mitigate their environmental impact and improve their standing with investors and lenders, they are progressively striving to cut their own emissions […]
PI News Feed
It’s all connected: The natural gas market and its casualties
Natural gas was supposed to be the so-called bridge fuel to the low-carbon renewable energy economy. It was abundant, cleaner to burn than oil and coal, and more and more available to […]
Skyrocketing Energy Prices Could Cripple Europe’s Economy
Surging energy prices in Europe are hurting more than just consumers. The price spikes have started to hit industrial activities, threatening to deal a blow to the post-COVID recovery in European economies […]
What the Energy Transition Needs
The path to a decarbonized world exists, but it is currently strewn with regulatory and market obstacles. With an estimated $131 trillion of investment needed to achieve mid-century climate targets, governments and […]
New York authorizes National Grid to serve retail, bid into wholesale market with upstate battery project
Dive Brief: The New York Public Service Commission (PSC) approved National Grid’s application to operate a storage project in Oswego County in both the retail and wholesale markets as a demonstration of […]
High energy demand and favourable governance are making Brazil a solar hotspot, say investors and analysts
Utility-scale solar’s contribution to Brazil’s energy mix is growing, with installs expected to hit 6GW next year. Image: Scatec. The Brazilian solar market is ripe for investment and growth. Attractive government incentives, […]
Hydrogen Demand: Hydrogen Is Not A Growth Market, It’s A Diminishing One (Part 1 Of 3)
Hydrogen continues to be a heavily discussed area in the low-carbon transition. Michael Liebreich just updated his excellent hydrogen ladder, and unlike others including me, has made his conditional peace with blue […]
Africa’s Largest Bank Stops Funding New Coal Plants
The largest bank in Africa by market capitalization, FirstRand Limited, will no longer finance new coal-fired power plants, the lender said on Wednesday in its updated energy and fossil fuel policy. From […]
Chevron CEO: Shareholder Returns Are More Important Than Solar, Wind Investment
Shareholder returns are more important for Chevron than investing in wind and solar energy, chief executive Mike Wirth told CNBC in an interview. "These [wind and solar] are technologies that are relatively […]
India’s Green Growth Imperative
India must decarbonize more, and fast, but it also needs to generate sufficient economic growth to lift one-third of its 1.3 billion people out of poverty. Achieving that without drastically increasing carbon […]