China has higher than average global energy costs, but is easily the world’s largest manufacturer of energy intensive products Basically, China’s coal costs will make it less and less competitive on a […]
The IEA’s Latest Forecast Is Out: How Reliable Are The Price Scenarios?
The IEA’s latest World Energy Outlook has been released and at a ‘mere’ 464 pages, did not crash the internet. (When I was a boy, we would say its release meant the […]
Net Zero Goals Impossible Without Costly Carbon Capture
“Reaching net zero will be virtually impossible without CCUS,” the International Energy Agency (IEA) said in a recent report on the role of carbon capture, utilization, and storage in the energy transition. […]
The World’s Growing Nuclear Waste Dilemma
Nuclear energy has long been touted as a promising form of energy production for a decarbonizing global economy. Nuclear power is efficient, it’s established, and it has zero carbon emissions. Indeed, some […]
Sweden early to adopt hydrogen pathway to net-zero steel
Decarbonized steel, produced using green hydrogen, is taking steps towards commercialization. This week Vattenfall was granted €2 million by the Swedish Energy Agency to scale up testing of its Hybrit development, which […]
A Hydrogen First In The US
Will be interesing to see if this is a start of a trend – NG plants being modified to allow ability to burn Hydrogen.The power plant will also be the first worldwide to […]
Is U.S. Shale Finally Bouncing Back?
As the oil price dropped through the first and second quarters of this year, oil companies closed in wells and laid off drilling and fracking crews. Activity bottomed in late May and […]
Hydropower Pushes for Greater Access to Green Finance
Hydropower, the world’s largest source of renewable electricity, could begin using environmental, social and corporate governance (ESG) measures to bolster project financing from the end of this year. The hydro sector has […]
Forget King Coal. Solar Is ‘New King’ of Global Power Markets, Says IEA
Solar power is the "new king" of global electricity markets, with the International Energy Agency calling it the cheapest form of electricity in history in its annual centerpiece World Energy Outlook report. Solar’s ascent and coal’s […]
IEA: Natural Gas Demand To See Largest Drop Ever In 2020
Despite some uptick in consumption in recent months, the world’s demand for natural gas is still set to see its biggest drop on record in 2020, the International Energy Agency (IEA) said […]
Prometheus Institute 