Prometheus Institute

The EIA’s Weekly Petroleum Status Report (WPSR) for the week ended July 17 shows that U.S. refinery crude runs eased by 58 Mb/d to just over 17 MMb/d. Utilization remained exceptionally high […]

The regional price of natural gas produced in the Permian, the top U.S. oil basin, was negative for most of the first half of the year. Rising associated gas output from oil-targeting […]

India ran into an obstacle in its ambitions to boost solar generation as local factories began to shut down because of component shortages, Reuters reported today, citing unnamed industry sources. The shortages […]

Crude oil prices could surge to $120 per barrel towards the end of the year if the war in the Middle East extends and the Strait of Hormuz remains closed for longer, […]

Oil prices have been on a climb for over a week now as hostilities in the Middle East continue, and despite recent talk of a glut, the physical market is flashing signs […]

Data center power demand forecasts just keep rising, even as development risks pile up.  BloombergNEF today projected that U.S. data centers’ power capacity could reach 194 gigawatts by 2035, an 83% spike […]

When the Energy Institute reported in its Statistical Review of World Energy that the global grid is still ruled by hydrocarbons, it may have come as a surprise to some observers. Now, […]

EU Commission identifies grids as a bottleneck for electrification, promising to standardise vehicle-to-grid (V2G) technology The EU Commission has announced an electrification target of 46% by 2040 — doubling the current level. […]

Natural gas-fired generation is king in the realm of data center development, at least for the near term. Still, hyperscalers are taking a variety of steps to mitigate the climate impact of […]

New Report Identifies 9 Unique Challenges That Hydropower Facilities Face When Upgrading or Replacing Large Power Transformers The National Laboratory of the Rockies (NLR) just released a report examining the U.S. supply […]