The oil market still looks surprisingly calm for a system that has spent nearly three months absorbing the largest supply disruption in modern history. That should probably make people nervous. Because underneath […]
Financing for California’s signature virtual power plant remains uncertain
Dive Brief: California’s nation-leading virtual power plant program faces an uncertain fate after this year. The biennial budget revision released by Democratic Gov. Gavin Newsom earlier this month zeroes out funding for […]
“No one can sanction the sun, no one can blockade the wind:” Bowen backs electrification at UN climate summit
Australia and Turkey have revealed the global oil crisis will prompt a major focus on electrification at the United Nations climate talks in November. The post “No one can sanction the sun, […]
EU Warns Energy Prices Will Stay Elevated Through 2027
Top EU officials said Friday that oil and gas prices are expected to remain elevated through at least the end of 2027, with the fallout from the Iran war likely to keep […]
AEP, other Ohio utilities could own nuclear power plants under state bill
This audio is auto-generated. Please let us know if you have feedback. Dive Brief: American Electric Power, FirstEnergy and other electric utility companies could own nuclear power plants in Ohio — a […]
Iran Is Tightening Its Grip on the Strait of Hormuz
Shortly after the outbreak of the war with the United States and Israel, Iran took control of the Strait of Hormuz, a key artery for global oil and gas supplies. By threatening […]
Higher Oil Prices Have Cost U.S. Consumers $45 Billion Since Iran War Began
As U.S. drivers face the highest Memorial Day gasoline prices in four years, American consumers are paying billions of dollars more on gas and diesel than they did a year ago. […]
Electricity Generation from Solar Could Exceed Coal in ERCOT for the First Time in 2026
In our most recent Short-Term Energy Outlook (STEO), we forecast that annual electric power generation from utility-scale solar will surpass that from coal for the first time in 2026 within the electricity grid that […]
A new push to deploy multi-chemistry storage in microgrids
Microgrid developer Gridscape and distributed power systems developer Scalvy are partnering to deploy multi-chemistry battery energy storage systems in California, the companies announced today. The initiative, which is funded by the California […]
The Global Shale Race Is Officially On
The United States has become the oil and gas supplier of last resort for many importers amid the Middle East crisis. The reason it could become the supplier of last resort was […]
