Bids were awarded at low prices, ranging between 3.99 cents/kWh and 4.88 cents/kWh. The volume-weighted average price was 4.66 cents/kWh. Bavaria was awarded the most capacity of any state – 607MW across […]
U.S. Coal Production Continues Steady Decline as Generation Capacity Falls
U.S. production of coal has continued to decline since peaking in 2008, according to a report from the U.S. Energy Information Administration. The EIA–on the same day earlier this month when President […]
Tesla’s Competitors Move Ahead with Affordable EVs — Not Skimpy Promises
Tesla announced its Q1 2025 earnings report this week, and many questions continue to hover over the all-electric carmaker. While experiencing a momentary resurgence since the first quarter report, the company’s share […]
Vision 2030 Fuels Saudi Shift to Natural Gas
Crude burn—the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation—has long been a staple in Saudi Arabia’s energy mix. The kingdom burns significant volumes […]
Shale Slowdown? Halliburton Sounds the Alarm
The heightened oil market and macroeconomic uncertainties in recent weeks are baffling not only analysts. Halliburton, the oilfield services giant with the highest exposure to the U.S. fracking market, has just warned […]
Rare Earth Dominance Puts China in Powerful Geopolitical Position
Their names are difficult to pronounce, they’re essential for modern manufacturing, and they’re increasingly at the center of the escalating trade war between the United States and China. The global supply of […]
Pakistan Upgrades Its Oil Reserves Estimate by 23%
Pakistan has recorded the first substantial increase in its domestic oil reserves since 2020, with new discoveries and higher production leading to a 23% annual increase in reserves to 238 million barrels […]
Bell Labs Turns 100, Plans to Leave Its Old Headquarters
This year, Bell Labs celebrates its hundredth birthday. In a centennial celebration held last week at the Murray Hill, New Jersey campus, the lab’s impressive technological history was celebrated with talks, panels, […]
Why Utility Fleets Still Struggle to Harness True TCO Intelligence
In an era where grid modernization, decarbonization, and electrification dominate utility agendas, fleet management strategies are lagging behind. Many utility and power generation providers continue to rely on outdated vehicle management platforms […]
BP Faces Major Shareholder Revolt Over Climate Strategy
BP has suffered a huge rebellion from its shareholders as the London-listed oil giant’s annual general meeting faces scrutiny of its environmental policy. Nearly a quarter voted against the re-election of outgoing […]