Wells operated by a half-dozen E&Ps in eastern Ohio’s Utica Shale are now churning out more than 100 Mb/d of superlight crude oil — aka condensate — more than twice as much […]
Rising gas costs push European electricity prices higher
Weekly average electricity prices were above €120 ($125.54)/MWh in most major European electricity markets during the first week of February, according to analysis from AleaSoft Energy Forecasting, as gas futures prices reached […]
Why Forecast Accuracy Makes or Breaks Power Suppliers in Today’s Market
Between plummeting temperatures and surging demand, the record-breaking Arctic blast that swept across the Northeast in January put power suppliers to the test. Their success in managing the volatility traces […] The […]
Electric Vehicles (EVs): A Technical Overview, Latest Advancements, and Market Statistics
Electric vehicles (EVs) have moved from being a niche innovation to a mainstream solution in the automotive industry. As concerns about climate change, energy security, and air pollution grow, the shift to […]
The ‘hydrogen economy’ may be relatively small, but critical
Researchers have quantified the role of the ‘hydrogen economy’ in making our society more sustainable. They present the results of extensive modelling of pathways to decarbonizing the European economy by 2050. They […]
A path to perovskite PV bankability
This process led manufacturers to adopt passivated emitter rear contact (PERC) crystalline silicon (c-Si) solar cells approximately 10 years ago and motivated the transition to tunnel oxide passivated contact (TOPCon) cells now […]
Has China’s Oil Demand Peaked?
Last year, China’s crude oil imports fell 1.9%, or 240,000 barrels a day, to just over 11mn b/d, marking the first annual decline in two decades barring the disruption caused by the […]
Saudi Arabia signs world’s biggest battery storage deal with China’s BYD
Saudi Arabia likes big, splashy deals and its latest has set the battery industry aflutter, signing with BYD Energy Storage for what will be the world’s biggest ever grid storage contract. The […]
Co-located solar and storage among the ‘most cost-competitive’ options
“Paired with solar PV, we see now [batteries are] becoming one of the most cost-competitive options in major markets around the world, competing with coal and natural gas,” said Wanner. His comments […]
Machine Learning Enhances Solar Power Forecast Accuracy
Sydney, Australia (SPX) Feb 18, 2025 As solar power becomes a more significant component of the global energy grid, improving the accuracy of photovoltaic (PV) generation forecasts is crucial for balancing supply […]
Prometheus Institute 