Tesla will provide 372 of its MegaPack 2 XL battery systems as well as engineering, procurement, and construction (EPC) services. From ESS News Dutch energy storage developer Lion Storage has announced financial […]
China’s Clean Energy Investments Near Total Global Spend on Fossil Fuels
Chinese investments in clean energy rose again in 2024, to the equivalent of $940 billion, which was close to the total global investments in fossil fuels last year, Carbon Brief, a UK-based […]
Renewables and co-located storage exist as ‘two business units sharing an address’
“System fundamentals are pro-co-location,” said Juel Hanson. “We used to say: ‘renewables first’, but that was when solar was a limited part of the energy mix. Solar and storage are obvious partners […]
Natural Gas Prices Surge As Arctic Blast Fuels Demand
U.S. natural gas futures surged to $4.25/MMBtu in Wednesday’s session as Arctic cold boosts heating demand while potential freeze-offs threaten supply. An incoming Arctic blast is driving a surge in heating demand […]
Negative Energy Prices Threaten Renewable Investment in Europe
In 2025 we will see a record number of hours that electricity prices dip below zero, with utilities effectively paying consumers to take energy off their hands. The once rare phenomenon of […]
Consumption of renewable diesel continues general growth trend on the U.S. West Coast
Renewable diesel is increasingly replacing petroleum diesel on the U.S. West Coast, where state-level policies are attracting new production capacity and shipments to the region. The fuel continues to mostly be consumed […]
Hit the Lights – Utica Shale Condensate Production Is Up. Where’s It Going and How’s It Getting There?
Wells operated by a half-dozen E&Ps in eastern Ohio’s Utica Shale are now churning out more than 100 Mb/d of superlight crude oil — aka condensate — more than twice as much […]
Rising gas costs push European electricity prices higher
Weekly average electricity prices were above €120 ($125.54)/MWh in most major European electricity markets during the first week of February, according to analysis from AleaSoft Energy Forecasting, as gas futures prices reached […]
Why Forecast Accuracy Makes or Breaks Power Suppliers in Today’s Market
Between plummeting temperatures and surging demand, the record-breaking Arctic blast that swept across the Northeast in January put power suppliers to the test. Their success in managing the volatility traces […] The […]
Electric Vehicles (EVs): A Technical Overview, Latest Advancements, and Market Statistics
Electric vehicles (EVs) have moved from being a niche innovation to a mainstream solution in the automotive industry. As concerns about climate change, energy security, and air pollution grow, the shift to […]
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