Crude oil inventories in the United States decreased by 6.1 million barrels during the week ending June 19, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. […]
China’s Crude Imports Plunge To Lowest Level Since 2018
Oil prices remain headline-driven, taking direction from escalation and de-escalation in the U.S-Iran conflict in the near term. The first round of talks between the United States and Iran in Switzerland has […]
Running on Reserve: Crude Oil in the SPR Plummets to a Four-Decade Low
According to the EIA’s Weekly Petroleum Status Report (WPSR) released this morning, the Strategic Petroleum Reserve (SPR) recorded its 13th consecutive weekly draw for the week ended June 19, reducing stocks to […]
3 home energy providers offer 16.8 GW of distributed capacity to utilities, hyperscalers
This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Sunrun, Tesla and Renew Home could deliver nearly 17 GW of distributed energy capacity to unlock headroom in […]
BESS as a ‘Swiss Army knife’ for data centers
Artificial intelligence is changing how data centers consume electricity. New workloads are introducing levels of variability that conventional power systems were not designed to handle, creating operational challenges both inside the facility […]
Utility-scale solar uses only 0.07% of U.S. prime farmland, says SEIA
Studies of American opinions on clean energy development show that, in general, people have a slightly negative view of large-scale solar installations that replace farmland (although adding agrivoltaics uses to sites turns […]
World adds 664GW of solar PV in 2025, exceeds 3TW of cumulative capacity
A report from SolarPower Europe earlier this year found that the use of solar PV in Europe was saving EU countries over €110 million (US$127.5 million) a day by eliminating the need […]
Trump Whacks Wind But Can’t Sack Solar Power
The Florida-based firm Origis Energy is accelerating its solar power plant pipeline with a new round of $900 million in financing, despite the sharp U-turn in federal energy policy. The post Trump […]
The Real Reason BP Is Retreating From the North Sea
BP is still considering a sale of all or part of its UK upstream portfolio, which could fetch around £2 billion ($2.7 billion), though talks of a sale to Ithaca Energy fell […]
Historic Graph: Solar Electricity Surpasses Coal Electricity In USA
We briefly covered the news this month that electricity from solar power surpassed electricity from coal power in May. This is the first time the US ever got more electricity from solar […]
Prometheus Institute 