BYD says global installations of its BatteryBox residential energy storage systems have increased by 500,000 since June 2024, lifting the total past 1.5 million worldwide. From ESS News BYD Energy Storage said […]
U.S. Pauses Offshore Wind Leases over National Security Concerns
The U.S. Department of the Interior is pausing leases for five offshore wind projects, due to national security concerns, Secretary of the Interior, Doug Burgum, said on Monday. Due to national security […]
EIA updates its definitions and estimates of OPEC crude oil production capacity
Each month we publish estimates of key global oil market indicators that affect crude oil prices and movements in our Short-Term Energy Outlook (STEO). Among the most important indicators for global crude […]
Companies Announce Major Energy Storage Projects in Texas
A Colorado-based company focused on utility-scale battery energy storage has partnered with global technology group Wärtsilä and others for construction of a 500-MWh project near the Dallas-Fort Worth area in Texas, the […]
2025 Marks a Turning Point for the World’s Power System
The global energy system is entering a pivotal new phase. Rystad Energy’s latest scenario analysis shows that all net growth in global electricity supply in 2025 – around 1,070 terawatt-hours – will […]
China and India Keep Global Coal Demand Rising
Bloomberg Opinion columnist and chief energy correspondent Javier Blas posted a chart on X from the International Energy Agency’s new global coal report showing that coal demand jumped to an all-time high this year, despite […]
The Unbelievable Rise of Heat Pumps in the Coldest Places on Earth
For years, heat pumps were seen as the fragile heroes of mild climates, efficient in theory but unreliable when the mercury dropped. That narrative has now collapsed under the weight of experience. […]
Best of Intentions – One State’s Drive to Slash GHGs Slams Into Reality, and Sends a Warning to Others
Five years ago, Vermont enacted a law requiring steep reductions in GHG emissions and, in 2023, it directed regulators to develop a program to steer households and businesses away from heating oil […]
Big Oil Shuns Mexico as Pemex’s Struggles Continue
Mexico’s state oil giant Pemex is struggling to reverse a years-long decline in oil and gas production while trying not to incur additional liabilities on top of its already massive pile of […]
A New Solar Material Is Pushing Efficiency Beyond Theoretical Limits
For years, perovskites have been hailed as the "holy grail" of solar energy thanks to their promise of highly efficient and cheaper solar cells. Perovskites are a class of materials with similar […]
Prometheus Institute 