Lofty levels of natural gas in storage and a severe Permian Basin supply glut continued to cloud the outlook for prices. Natural gas forward prices fell in every region during the April […]
High Interest Rates Could Slow Down the Energy Transition
Renewable energy projects and emerging low-carbon technologies are more exposed to the current high interest rate environment globally, which could slow the pace of transition to clean energy, Wood Mackenzie said in […]
Step towards North Sea ‘super grid’ as Viking Link interconnector launched
National Grid has officially launched its record-breaking Viking Link interconnector cable between the UK and Denmark, it what it says is the “next step towards a North Sea super-grid”. Running from Lincolnshire […]
U.S. Shale Oil Production Growth Is Slowing Down
At the start of this week, following Iran’s missile attack on Israel, oil prices inched up. The key word here was "inched". The attack was a first; it came from the fourth-largest […]
Democratic bill mandates FERC interconnection reforms to bring new resources online faster
Dive Brief: The Federal Energy Regulatory Commission would be required to issue regulations within 18 months to give generating and storage resources faster and more cost-effective access to the grid under legislation […]
Battery storage becomes biggest source of supply in evening peak in one of world’s biggest grids
A landmark event occurred in the US on Tuesday night when battery storage become for the first time the largest source of supply in the California grid, which delivers electricity to the […]
Clean energy accounts for 10% of global GDP growth in 2023, IEA says
In the US, the GDP grew by 2.5% in 2023, partly driven by the Inflation Reduction Act (IRA), which spurred the investment growth in clean energy manufacturing. Clean energy growth accounted for about […]
ChatGPT requires 15 times more energy than a traditional web search, says Arm exec
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Why utilities were unprepared for the new wave of power demand | Latitude Media
The forecast calls for an overtaxed grid. via Latitude Media https://ift.tt/0GwBQtk
Equinor jumps into ERCOT market with 110 MW of merchant battery projects
Equinor is advancing two merchant energy storage projects totaling 110 MW/220 MWh that will participate in the Electric Reliability Council of Texas markets. The Texas projects are Equinor’s first U.S. battery storage […]