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Energy / Energy-General

Ageing Coal Plants Pave the Way for Renewable Revolution

Jun 20, 2024 at 08:29 | Haley Zaremba

New research from the Institute for Energy Economics and Financial Analysis (IEEFA) shows that over 800 coal-fired power plants could be profitably replaced by solar power in emerging economies starting…

Huge Rare Earths Discovery is Gamechanger in Americas Trade War with China

Jun 19, 2024 at 18:23 | Tom Kool

At the height of the American war machine’s realization that China controls nearly all of its raw materials, two new developments in Europe now suggest that the West has a…

Will the World See a “Staggering” Oil Supply Glut in 2030?

Jun 19, 2024 at 07:15 | Robert Rapier

The International Energy Agency (IEA) recently released its Oil 2024 report, which examines the global dynamics for oil supply security, refining, trade, and investment. The report received considerable media…

The Contested Island at the Heart of Russian-Chinese Relations

Jun 19, 2024 at 04:45 | Eurasianet

Not too long ago, tension over possession of islands in the rivers that form the Russian-Chinese frontier led to armed confrontation. These days the same islands are declared “a place…

Global Clean Energy Spending Is Set to Exceed $3 Trillion in 2024

Jun 19, 2024 at 04:30 | Felicity Bradstock

Recent reports, based on the global clean energy pipeline, suggest that investments in renewables, clean tech, and energy infrastructure are expected to soar this year. This is not surprising given…

How Hungary Could Hinder Ukraine’s Path to EU Membership

Jun 19, 2024 at 04:27 | RFE/RL staff

Everything is set up for Ukraine and Moldova to officially open EU accession talks on June 25 in Luxembourg, with the bloc keen to hold what are known in EU…

Senegal Is Betting on Both Fossil Fuels and Renewables for Its Energy Boom

Jun 19, 2024 at 04:15 | Felicity Bradstock

This month, Senegal announced it had struck oil at its first offshore project. This is just the latest of several new energy projects that the West African country is developing,…

Oil Prices Climb as Sentiment Continues to Improve

Jun 18, 2024 at 08:44 | Michael Kern

Oil prices have bounced back after the last OPEC+ announcement sent them crashing, and the U.S. Federal Reserve could send them higher still with optimistic messaging.

Could Taiwan’s Energy Crisis Derail the AI Boom?

Jun 18, 2024 at 08:27 | Haley Zaremba

Taiwan’s energy sector is in trouble. And that means that the global tech sector could soon be in trouble too. The island nation is home to just 0.3 percent of…

This Key Component of Europe's Wind Energy Boom Could Become a $20B Market

Jun 18, 2024 at 08:13 | Rystad Energy

Offshore substations are vital in collecting and transmitting generated power to the electricity grid.Offshore wind installations are gathering pace worldwide leading to the need for reliable, accessible infrastructure…

Equinor Fights NIMBY Feelings in New York Battery Storage Project

Jun 18, 2024 at 07:46 | Leonard Hyman & William Tilles

The Not in My Back Yard (NIMBY) movement has targeted nuclear power plants, high voltage transmission lines, windmills and solar farms, demanding that builders just put them somewhere else. Now…

Iraq and China Strengthen Ties With Major Development Initiative

Jun 18, 2024 at 04:45 | Simon Watkins

A series of high-level meetings took place last week between senior Iraqi and Chinese officials to finalize the details of the next phase of their wide-ranging cooperation plan. The foundations…

The Caribbean Energy Industry Is Undergoing a Major Transformation

Jun 18, 2024 at 04:36 | Felicity Bradstock

The energy sector in the Caribbean is undergoing a huge transformation, from geothermal finds in Dominica to solar energy in Antigua and Barbuda. The long-overlooked region is now attracting high…

Oil Prices Bounced Back After Markets Overreacted to the OPEC Announcement

Jun 18, 2024 at 04:19 | Editorial Dept

Two weeks ago, oil markets reacted negatively to OPEC+'s decision to unwind 2.2M bbl/day in voluntary production cuts later this year, with oil prices tumbling to multi-month lows.…

Funding the Global Energy Transition Remains a Major Challenge

Jun 17, 2024 at 07:28 | Irina Slav

Last month, the Organisation for Economic Co-operation and Development announced that the world's richest nations had finally hit a target of $100 billion in annual transition funding in 2022. In…

China's "No Limits" Friendship with Russia is Beginning to Crumble

Jun 17, 2024 at 07:02 | Simon Watkins

In a joint communiqué on 4 February 2022, China and Russia stated that: “Friendship between the two States [China and Russia] has no limits, there are no forbidden areas of…

Russia Reclaims Its Position as Europe’s Top Gas Supplier

Jun 17, 2024 at 06:55 | ZeroHedge

According to some of the more cynical elements out there, the entire Ukraine war as orchestrated by Victoria Nuland and various energy-tied elements in the deep state, was meant to…

How EVs Could Provide Renewable Energy Storage To Support the Grid

Jun 17, 2024 at 06:41 | Felicity Bradstock

Optimism around the growth of the electric vehicle (EV) market has faltered in recent months as consumer uptake has grown at a slower pace than previously anticipated. This has led…

What Will Mexico’s Energy Policy Look Like Under Its First Female President?

Jun 17, 2024 at 06:38 | Felicity Bradstock

There has been great criticism over Mexico’s energy policies in recent years, as the country’s President Andres Manuel Lopez Obrador (AMLO) has continued to ardently support the oil and gas…

Carbon Capture Technology Called a 'Boondoggle' for Oil Industry

Jun 17, 2024 at 06:05 | Kurt Cobb

The study I refer to didn't actually say that carbon capture makes things worse. But that is the only conclusion one can draw given that the capturing is…

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