In the upstream oil and gas world, “reserve life” — calculated via the Reserve Life Index — is one of the simplest and most widely cited metrics. But behind the RLI lies […]
Modelling spot prices in a post-coal grid, when big batteries will become the price setters
Electricity prices can be kept near today’s levels in a post-coal National Electricity Market, but need a system where batteries become the dominant price-forming technology. The post Modelling spot prices in a […]
Peak Oil Is Not Dead: Reviewing the IEA’s World Energy Outlook for 2025
A month ago, media all over the internet went crazy repeating the following headline (or a similar one) over and over: “IEA scraps Peak Oil, says oil demand will continue growing until […]
BNEF flags potential global solar slowdown in 2026 as China cools
BloombergNEF (BNEF) projects a slight year-on-year dip in global solar additions in 2026 as China’s growth eases, even as installations elsewhere continue to rise. From pv magazine USA For the first time […]
Europe’s Carbon Market Must Look Ahead
Since its creation, Europe’s carbon market has delivered significant emissions cuts, directed substantial resources toward clean-energy technologies, and become a model for other systems worldwide. But rising energy prices are fueling political […]
Stand By Me – E&Ps Foresee Little Change in Capex Plans, But Production Continues To Grow
U.S. E&Ps continue to ignore political pressures to “drill, baby, drill,” sticking rigidly to capital discipline and trimming their drilling-and-completion activity. But that hasn’t kept production from inching up as E&Ps continue […]
Wind, solar and batteries smash output records in midst of pre-Christmas heatwave
Near-record demand creates important window into how much renewable capacity is available across the system when load is high. The post Wind, solar and batteries smash output records in midst of pre-Christmas […]
VPPs are growing up: From one-off events to everyday grid muscle
For those of us already convinced that virtual power plants have potential, the evidence feels overwhelming. They’re real. They work. But belief inside the VPP community isn’t enough. If grid operators, planners, […]
FERC members raise alarms about PJM failure to meet reliability target
This audio is auto-generated. Please let us know if you have feedback. The PJM Interconnection’s failure to buy enough capacity to meet its reliability target in its most recent auction raised alarms […]
The EIA Thinks OPEC Can Pump More Than Anyone Expected
The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can produce more oil than previously thought. In its December Short-Term Energy Outlook, the […]
Prometheus Institute 