A failure to fully acknowledge the extent of Europe’s energy insecurities could lead to national security vulnerabilities, according to former United States Secretary of State John Kerry. NATO’s summit in Ankara, Türkiye […]
California utilities face credit downgrades without wildfire reforms, Edison CEO warns
This audio is auto-generated. Please let us know if you have feedback. California’s investor-owned utilities could see credit rating downgrades if state lawmakers fail to act before the end of the legislative […]
ADNOC Unveils New Crude Pricing Mechanism
ADNOC is changing the pricing formula used for its flagship crude grades. The oil giant said Friday it will move away from its ICE Futures Abu Dhabi-based pricing methodology, which prices crude […]
China’s Solar Capacity Set to Overtake Coal This Quarter
China will have more installed solar power capacity than coal-fired generation capacity as early as this quarter, Chinese authorities have said. As of the end of June, solar power capacity stood at […]
The electric meter is growing a brain: Why AMI 2.0 is the grid’s next big leap and what you should do about it
For nearly two decades, the “smart meter” has been a staple of the utility landscape. However, for most utilities, these first-generation Advanced Metering Infrastructure (AMI 1.0) devices were essentially digital replacements for […]
Wholesale power prices plunge as renewables surge, batteries boom, and gas hits 23-year low
Wholesale electricity prices plunge as wind displaces coal, batteries push out gas and home storage softens the evening peaks and helps reshape the grid. The post Wholesale power prices plunge as renewables […]
Jet Fuel Spike Blows a Hole in Airline Profit Forecasts
The fresh spike in jet fuel prices in July upended the profit guidance of U.S. airlines, whose management teams had to readjust earnings estimates for the year just days ahead of reporting […]
Hitting EU Renewables Targets Could Slash Gas Demand a Quarter by 2030
The European Union could save a lot on LNG imports by 2030 if it achieves its heat pump, solar, and wind installation targets…so much so that the bloc could save twice the […]
New Solar Cell Design Solves A Problem That’s Plagued Panels for Decades
Solar power is far and away the cheapest form of new energy to install in nearly every context around the world. Even in the United States, where the cost of solar additions […]
Refined Fuels, Not Crude, Are Driving the Oil Market Crunch
Oil prices have just come off a fresh two-month high as the crude oil market has tumbled this week amid signals of de-escalation in the U.S.-Iran conflict. Despite the slump in crude […]
Prometheus Institute 