In a deal that marks the first corporate agreement to deploy multiple small modular reactors (SMRs) in the U.S., Kairos Power and Google have signed a Master Plant Development Agreement […] The […]
IEA Sees “Sizeable Surplus” in Oil Market as Demand Growth Slows
The oil market faces a sizeable surplus next year amid ample supply and slowing demand growth, the International Energy Agency (IEA) said on Tuesday as it further lowered its demand growth estimate […]
Possible PJM market changes could lower near-term capacity prices: Morgan Stanley
The PJM Interconnection’s plan to delay its next capacity auction by about six months and possibly change its market rules could lead to lower near-term capacity prices but ultimately give rise to […]
1-hour batteries can increase transmission-constrained renewable energy values 81%: LBNL
Dive Brief: Adding one hour of energy storage to wind and solar plants in transmission-constrained regions increases the energy value — based on real-time electricity market prices — of plants near load […]
Solar and batteries steal the show, but world needs more renewables quickly to meet 1.5°C target
The International Energy Agency has highlighted the falling cost of solar and lithium battery technology in its latest World Energy Outlook, which points to a surge in renewable energy deployments, an imminent […]
Global Electricity Demand Is Rising Faster Than Expected, I.E.A. Says
Demand for electricity around the world is rising faster than expected, making it harder for countries to slash their emissions and keep global warming in check, the International Energy Agency said on […]
Why Have Tesla Model S & Model X Sales Crashed?
Going through Kelley Blue Book’s latest data on US EV sales, one thing that jumped out to be was how much Tesla Model S and Model X sales crashed year over year. […]
IEA: ‘Major risks’ to energy security as clean transition gathers pace
On a broad scale, it highlighted the conflicts which have ignited in the Middle East and the ongoing war in Ukraine which have the potential to destabilise fossil fuel supply, as happened […]
U.S. coal exports from the Port of Baltimore rebounded two months after bridge collapse
U.S. coal exports from the Port of Baltimore rebounded at the end of May 2024, according to recently released data from the U.S. Census Bureau. Shipments from the port’s two coal-loading terminals […]
Gas Crunch Looms as Demand Outpaces Supply Growth
Natural gas demand is set to increase more than previously expected, the International Energy Agency reported recently. Demand will remain strong next year as well, the agency predicted, warning that this might […]
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