A sunny weekend in northwest Europe plunged power prices in the region to hundreds of euros below zero on Sunday afternoon as solar generation soared. Spot power prices in Belgium sank to […]
PI News Feed
GE Vernova Boosting Gas Turbine Capacity With Technology Upgrade
GE Vernova will install new equipment at a power plant in Iraq, its first use of the company’s upgraded AGP XPAND technology. The latest version is an evolution of GE Vernova’s Advanced […]
Cheap Crude Tests U.S. Shale’s Breaking Point
Drilling in the U.S. shale patch is starting to slow down amid weaker oil prices and cost uncertainty stemming from the tariff war. Smaller producers are suspending new drilling in anticipation of […]
“We are on a dangerous trajectory:” Global policy settings to trigger multiple climate tipping points
Study finds current global policies are creating a high risk of triggering 16 climate tipping points, leading to dire – and potentially irreversible – consequences. The post “We are on a dangerous trajectory:” […]
Spain reached 100 pct renewables a week before blackout. Some big batteries might have helped keep lights on
The exact causes of the dramatic blackout in Spain and Portugal are not yet known. But the lack of battery storage left its high renewables grid badly exposed. The post Spain reached […]
Renewable energy advocates see threats from Texas legislation
The Texas Legislature is considering bills that would increase requirements for renewable energy facility siting and generation reliability, raising concerns from the sector about how this legislation could reduce deployment during a […]
Pemex suppliers face ‘critical moment’ as Mexican oil group’s bills go unpaid
The company owed its providers $25bn at the end of 2024, up from $7.6bn at the end of 2018 via Financial Times – Energy https://ift.tt/i0Xm12a
Germany seeks 282MW of rooftop solar in latest tender
The maximum bidding price for rooftop tenders in 2025 has been set at €0.104/kWh (US$0.118/kWh). Late in 2024, the Bundesnetzagentur revised down the maximum prices for rooftop and ground-mounted auctions to be […]
U.S. natural gas inventories in underground storage ended winter at a three-year low
After a relatively warm start to the 2024–25 winter heating season (November–March), colder-than-normal temperatures across much of the United States in January and February resulted in increased consumption of natural gas and […]
National Grid, Con Edison, other utilities urge FERC to consider gas pipeline reliability measures
A group of electric and gas utilities on Friday urged the Federal Energy Regulatory Commission to launch an inquiry to consider options for improving gas pipeline reliability. Increased demand and extreme weather […]