The fundamental driver of the report’s Net Zero Scenario is the rollout of clean energy, which has so far been led by solar PV. The IEA said that in the last two […]
Airlines Ready To Embrace Higher Sustainable Aviation Fuel Costs
The airline industry would be ready to embrace the fact that sustainable aviation fuel (SAF) will always be more expensive than oil-based jet fuel, Willie Walsh, Director General at the International Air […]
$100 Oil Is Bad For The Economy (And For OPEC+)
Crude oil prices are on the rise, driven by stark cutbacks imposed by Saudi Arabia and Russia, the main forces behind OPEC+. The cuts, implemented by the oil cartel in order to […]
Hickenlooper touts interregional transmission as new report tackles US grid risks
Dive Brief: The U.S. electrical grid faces significant risk from extreme weather, rising demand, an evolving resource mix and physical and cyber attacks, according to a report published Tuesday by SAFE, a […]
OPEC+ production cuts drive up sour crude oil price around the world
Crude oil production cuts among OPEC+ members are limiting the global supply of medium, sour and heavy, sour grades of crude oil. These cuts are increasing prices for these grades compared with […]
I Can See Clearly Now – E&Ps Slow Capex Growth Amid Talk of Cost Deflation in 2024
Rapidly rising prices for goods and services have plagued the economy since the onset of the pandemic — and led the Federal Reserve to ratchet up interest rates to help cool things […]
Residential DER surges 63% in MISO, pushing distributed resources to 12.5 GW: report
Dive Brief: Distributed energy resources in the Midcontinent Independent System Operator footprint grew to 12.5 GW this year as residential DER jumped 63% from 2022, according to an Organization of MISO States, […]
Michael Bloomberg Pledges Another $500 Million To “Finish The Job On Coal”
Michael Bloomberg is doubling down on his climate ambition to “finish the job on coal” and shut down all remaining coal-fired power plants in the United States by 2030. As part of […]
How The Transition Push Contributed To Higher Oil Prices
Earlier this week, Morgan Stanley said in a note that all signals for crude all were "flashing tightness". The investment bank joined a growing number of forecasters expecting Brent crude to top […]
I Want to Take You Higher – How Much Will the Midland-to-Houston WTI Price Spread Widen as Oil Flows Shift?
Over the past three-plus years, Corpus Christi has dominated the U.S. crude oil export market, largely because of the availability of straight-shot pipeline access from the Permian to two Corpus-area terminals at […]