As a supplement to POWER’s in-depth April 2025 feature, Gas Power’s Boom Sparks a Turbine Supply Crunch, we’re publishing the full interview with Mitsubishi Power’s Vice President of Business Development […] The […]
Global energy supplies still vulnerable to shocks, warns IEA
London summit will focus on security of supply and lessons of crisis that followed Russian invasion of Ukraine via Financial Times – Energy https://ift.tt/EaisDj4
European Natural Gas Prices Drop as LNG Flows Stay Above Average
Europe’s benchmark natural gas prices fell by 2.5% on Tuesday after a four-day-long Easter holiday weekend as arrivals of LNG cargoes remain slightly above the seasonal average, easing concerns about gas storage […]
China’s Solar Capacity Installations Grew Rapidly in 2024
Utility-scale solar power capacity in China reached more than 880 gigawatts (GW) in 2024, according to China’s National Energy Administration. China has more utility-scale solar than any other country. The 277 GW of utility-scale solar […]
Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024
In 2024, U.S. exports of total petroleum products increased to a record 6.6 million barrels per day (b/d) annual average. Annual U.S. petroleum product exports increased by 495,000 b/d as U.S. exports […]
Germany awards 2.6GW capacity in oversubscribed ground-mount PV auction
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 […]
Prometheus Institute 