A new IEEE report shows solar dominated new generation in 2024, with 70% of added global capacity from PV and record installations in China and the United States. From pv magazine USA […]
PI News Feed
Solar, wind and electrification the ‘main tools’ to improve EU energy security – Ember
“Imported fossil fuels are no basis for a secure and affordable energy system—something Europe has learned the hard way,” said Dr Chris Rosslowe, Ember senior energy analyst and the lead author of […]
Big Oil forced to confront some tough choices as ‘monster profits’ fade into memory
Oil pumpjacks operate at Daqing Oilfield at sunset on November 18, 2024 in Daqing, Heilongjiang Province of China. Vcg | Visual China Group | Getty Images Energy supermajors are being forced to […]
Geothermal Power Emerges as Trump’s Favorite Clean Energy
One of the few renewable energy sources that the Trump administration has not yet criticised is geothermal power, as companies across the United States continue to develop innovative geothermal projects with financial […]
Britain Set to Outlaw Fracking After Decades of Debate
There have been discussions around fracking in the U.K. for years, with the government going back and forth on whether to support new operations. Politicians have explored the potential for fracking, which […]
France cuts feed-in tariffs for solar up to 100 kW
The French Energy Regulatory Commission (CRE) has lowered feed-in tariffs by up to 16% for rooftop solar systems between 10 kW and 100 kW, while keeping smaller system rates unchanged. From pv […]
Zimbabwe plans competitive bidding for electricity projects
Zimbabwe’s energy regulator plans to introduce competitive bidding exercises for electricity projects from 2026. The announcement coincides with plans to open up Zimbabwe’s electricity retail market to private companies, who will be […]
Sensitive Kind – Assessing the Oil Price Sensitivity of U.S. E&Ps as EIA Forecasts a WTI Price Plunge
Crude oil price erosion over the past two years has resulted in declining earnings and cash flows for E&Ps, many of which have struggled to sustain their generous shareholder return program. Now, […]
Solar power’s ‘meteoric’ rise, growth of distributed solar and battery co-location among key DNV energy trends
Chief among these is the forecast that, by 2060, solar power will account for 47% of the world’s electricity generation, increasing five-fold from last year. The report attributes solar’s “meteoric” rise to […]
Why Green Hydrogen Isn’t a Lost Cause After All
Green hydrogen could one day provide a clean energy solution to some of the trickiest sectors to decarbonize. Hydrogen can be combusted at high heat levels, much like thermal coal or engine […]