Dive Brief: Texas load growth forecasts for 2030 have soared by 40 GW in a single year, necessitating “a new era of planning,” Electric Reliability Council of Texas President and CEO Pablo […]
Fossil Fuels Hit All-Time Low in UK Electricity Generation
Fossil fuels have provided the lowest amount of UK electricity for a one-hour time period on record. Energy think tank Carbon Tracker today said that on Monday, April 15th, just 2.4 per […]
IEA Expects Strong EV Sales While Carmakers Flag Weaker Demand
Amid concerns in the auto industry about slowing electric vehicle sales with the phase-out of subsidies in key markets and consumers not yet convinced about affordability and range, the International Energy Agency […]
Carbon Price Crash Threatens EU Transition Funds
The price of carbon dioxide on the European Union’s emissions trading markets, ETS, has taken a bad tumble. On the face of it, this is good news—it means industries covered by the […]
Poles and wires: Is there a better way to get consumers to pay for using the grid
The average residential customer across Australia’s main grid appears to be paying about $520 a year, pre GST, for the distribution component, excluding transmission, for the privilege of being connected to the […]
US DOE Releases Strategy to Connect Renewable Energy to Grid
The United States Department of Energy (DOE) has unveiled what it said is the country’s first-ever roadmap for fast-tracking the connection of renewable energy to the national power grid, in an effort […]
Biden Limits Oil Drilling Across Alaska’s Petroleum Reserve
The Biden administration on Friday finalized a plan to prevent oil development across more than half of the US government’s mammoth petroleum reserve in Alaska and set the stage to block road […]
If You’ve Got the Money, Honey – Investors Rewarded with Strong Returns Despite Dip in E&P Cash Flows
As we’ve frequently chronicled, 2022 was a golden year for U.S. exploration and production (E&P) companies and their investors, as soaring commodity prices triggered record cash generation to fund the highest levels […]
JP Morgan Warns of Delay to Global Energy Transition
Inflation, interest rates, and wars may well delay the energy transition by quite a long time, JP Morgan has warned in a call for “a reality check” on its shift from hydrocarbons […]
Woodmac: Renewables firms’ higher gearing level more exposed to increased interest rates
However, the higher cost of borrowing money could affect the energy and natural resources sectors unevenly. The study’s authors said that low-carbon energy technologies, which are usually highly capital intensive and often reliant on […]
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