Chinese investments in clean energy rose again in 2024, to the equivalent of $940 billion, which was close to the total global investments in fossil fuels last year, Carbon Brief, a UK-based […]
Renewables and co-located storage exist as ‘two business units sharing an address’
“System fundamentals are pro-co-location,” said Juel Hanson. “We used to say: ‘renewables first’, but that was when solar was a limited part of the energy mix. Solar and storage are obvious partners […]
Natural Gas Prices Surge As Arctic Blast Fuels Demand
U.S. natural gas futures surged to $4.25/MMBtu in Wednesday’s session as Arctic cold boosts heating demand while potential freeze-offs threaten supply. An incoming Arctic blast is driving a surge in heating demand […]
Negative Energy Prices Threaten Renewable Investment in Europe
In 2025 we will see a record number of hours that electricity prices dip below zero, with utilities effectively paying consumers to take energy off their hands. The once rare phenomenon of […]
Consumption of renewable diesel continues general growth trend on the U.S. West Coast
Renewable diesel is increasingly replacing petroleum diesel on the U.S. West Coast, where state-level policies are attracting new production capacity and shipments to the region. The fuel continues to mostly be consumed […]
Hit the Lights – Utica Shale Condensate Production Is Up. Where’s It Going and How’s It Getting There?
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 […]
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