OPEC’s spare oil production capacity is the go-to argument by many analysts when the threat of higher prices rears its head. The latest International Energy Agency monthly report was no exception. But […]
Oil and Gas Industry Faces Setback in Flaring Reduction Efforts
Flaring emissions from global upstream oil and gas production activity increased by 7% from 2022 to 2023, according to latest Rystad Energy research. Upstream activities emit about 1 gigatonne per year of […]
Dean Kamen Says Inventing Is Easy, but Innovating Is Hard
Over the past 20 years, technological advances have enabled inventors to go from strength to strength. And yet, according to the legendary inventor Dean Kamen, innovation has stalled. Kamen made a name […]
Are utilities ready for data centers’ big AI energy?
For more than a decade, Black & Veatch’s annual electric report has provided in-depth analysis of data compiled from hundreds of utility stakeholders, highlighting strategic priorities and forecasting future trends. Reflecting on […]
Oil shortages lead to hidden conflicts–even war
Summary: We live in a conflict-filled world today. I believe that this is ultimately a “not-enough-to-go-around” problem. Hidden oil shortages are the problem. Strangely, at this stage in the economic cycle, oil […]
Google Bets Big on Nuclear: Inks Deal with Kairos Power for 500-MW SMR Fleet to Power Data Centers
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 […]
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