By Atin Jain, Energy Specialist, BloombergNEF and Meredith Annex, Head of Clean Power, BloombergNEF The US is on track to see over 25% growth in annual clean energy installations this year, according […]
Rystad Energy’s 2024 Report: Global Energy Transformation Gains Momentum
The energy transition is gaining momentum, and the industry is accelerating toward a widespread, fundamental global evolution. Rystad Energy is proud to release its flagship annual report – Global Energy Scenarios 2024 […]
NextEra No Longer Bullish on Nuclear SMRs
A week ago, renewables utility company NextEra Energy (NYSE:NEE) delivered a healthy third-quarter earnings report. During the third quarter earnings call, CEO John Ketchum told investors that the company is currently evaluating […]
The U.S. LNG Export Boom Faces Challenges
The U.S. LNG export industry has recently hit several stumbling blocks. And who will be America’s president in the next four years may not even be the biggest. Litigation at court from […]
Equinor admits it “over-reported” amount of carbon captured at flagship project for years
Norwegian oil and gas company Equinor has admitted over-reporting the performance of a flagship carbon capture and storage project by about 30 percent due to defective monitoring equipment, underscoring risks associated with […]
How can geothermal heat pumps use warmth from underground to cool a home?
If these pumps use underground warmth, how can it be used for cooling a building in the summer? Geothermal heat pumps are very trendy right now, using warmth from just under the […]
First tidal energy plant set up in Indonesia
First tidal energy plant set up in Indonesia Published by Oliver Kleinschmidt, Editorial Assistant Energy Global, Friday, 01 November 2024 11:00 HydroWing has signed a binding agreement with one of PLN’s Subholdings […]
Cap-and-Trade Showdown: Will U.S. Voters Pull the Plug?
Washington state’s carbon market may be a goner. Voters could axe the cap-and-invest program that’s raised over $2 billion since 2023, sending chills through states eyeing similar moves. Launched under the Climate […]
U.S. Drilling Activity Going Nowhere Baker Hughes Data Shows
The total number of active drilling rigs for oil and gas in the United States saw no change this week, according to new data that Baker Hughes published on Friday, after holding […]
BP Walks Back Green Targets Amid Market Realities
In February 2020, then-brand-new chief executive Bernard Looney told the world that one of the oldest and biggest oil companies in the world was going to become a net-zero company by 2050. […]