In a market increasingly governed by geopolitical tremors and macroeconomic mismatches, crude oil dipping below $65 per barrel seems like a gift to global consumers. But behind that price tag lies a […]
NEM data spotlight: Solar generation in Australia’s biggest electricity market up 15% year-on-year
Although the month-on-month cumulative total dipped by 16.82%, this coincides with the expected seasonal fluctuations as Australia transitions to its colder months of Autumn and Winter. Indeed, the positive figure of these […]
Tariffs could drive US solar, storage costs up 50%
A recent Wood Mackenzie report examines two possible tariff scenarios and concludes that costs will skyrocket for both utility-scale solar development and battery energy storage systems. From pv magazine USA With much […]
US DOE budget proposal decimates renewable energy funding
Within that US$888 million figure, the amount available for renewable energy technologies would be US$240 million, a steep drop from US$795 million in the FY2024 budget. It includes no funding at all […]
EU on Track to Hit 2030 Emission Reduction Aim: Official Analysis
The European Commission has claimed the European Union is on course to curb greenhouse gas (GHG) emissions by 55 percent by 2030 relative to 1990 as targeted by the European Climate Law, […]
China adds record 105GW solar PV in first four months of 2025
The dramatic surge in new PV installations has been driven by strong policy support. Earlier this year, China’s National Energy Administration issued the “Distributed PV Power Generation Development and Construction Management Measures,” which clearly […]
Shipping Industry Seeks Practical Fuels to Meet Emission Standards
The shipping industry’s target of net-zero carbon emissions has boosted demand for biofuels, which are compatible with existing ship engines and therefore can be adopted relatively easily. However, Rystad Energy analysis shows […]
U.S. Battery Production Set To Decline 75% Under Trump’s ‘Big Bill’
Last week, the U.S. House of Representatives narrowly passed what’s been dubbed the “big, beautiful bill”, with the legislation designed to leverage deep cuts to the Inflation Reduction Act (IRA) credits to […]
Do You Realize? – U.S. Propane Market Must Delicately Balance Seasonal Demand, Steady Production
With more than 9 billion gallons of propane delivered to U.S. customers each year, moving those volumes to their final destination is a complex task involving pipelines, rail cars, storage (be it […]
ABB launches BESS-as-a-service solution
ABB has launched a new battery energy storage systems-as-a-service (BESS-as-a-Service) solution, which they say is designed to remove financial and operational hurdles, helping companies diversify their energy mix. According to the Swiss […]
Prometheus Institute 