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United Kingdom
Energy Costs Extremely Volatile After Russia Invades Ukraine
Cornwall Insight’s modelling for the Default Tariff Cap shows extreme volatility in the market, with Winter cap predictions jumping by over £200 from 23 Feb t…
Offshore Wind Power
Growth of Offshore Wind Energy Threatened by Planning Delays, Committee Told
Ireland’s plan to be a global player in offshore wind energy and to export green hydrogen is realisable but risks being derailed by planning delays, uncertaint…
Joe Biden
Biden Set to Push Plan to Lower Energy Costs
President Joe Biden will focus on bringing down consumer prices during his first State of the Union address on 1 March, in part by outlining plans to lower cost…
Oil Price
Asia Shares Skid, Oil Surges as Ukraine Tensions Smoulder
Asian share markets slid and oil surged on Monday amid warnings Russia was set to invade Ukraine, risking sanctions that could trigger a further spike in energy…
Crude Oil
Marathon to Receive Second Release from U.S. Strategic Petroleum Reserve
The U.S. Energy Department awarded a second batch of crude oil from the strategic reserve to Marathon Petroleum Corp. as part of the Biden administration’s eff…
Crude Oil
Biden Announces Global Effort to Ease Energy Costs
US president orders 50 million barrels of oil to be released from nation's strategic petroleum reserve
Crude Oil
China Begins Releasing Oil from Its Strategic Reserves
China is releasing some oil from its strategic reserves days after the U.S. invited it to participate in a joint sale, suggesting the world’s two biggest oil c…
Oil Price
Oil Prices Plunge into Close, Roiled by Inflation Fears
Oil prices slumped on Thursday, hit by a surge in the dollar after U.S. President Joe Biden said his administration was looking for ways to reduce energy costs …
Smart Grid
Black & Veatch to Design, Build Canada's First Electric 'Smart Grid'
Ontario project seeks to cut consumer energy costs, lower emissions and bolster electric grid's resilience, reliability
Solar Power Panel
Project Worth $13.1 million Would Bring Solar Panels to Multiple Danbury Buildings
The city is considering installing solar panels on five schools and the library, a project that is expected to save Danbury millions in energy costs.
United Kingdom
Huawei, Bp Subsidiary Partner to Reduce UK Energy Costs by 20%
A new partnership between Lightsource Labs, a subsidiary of Lightsource bp, Huawei, and renewable energy solutions firm Midsummer, aims to help UK households to…
Net Zero Emission
Princeton Study Charts a $2.5T Pathway to a Net-Zero Carbon US
The report forecasts massive renewables investments and radical shifts in transport, heating and energy, as well as a relatively slight increase in energy costs…
Energy Storage Project
NY Governor Announces First Completed Community Solar Plus Energy Storage Project
Project to reduce energy costs for approximately 150 households in Westchester County and New York City, provide power to 12 Tesla EV supercharging stations.
Microgrid
Canada’s Prince Edward Island Plans $18.5M Microgrid to Ease Electricity Costs
A $18.53 million microgrid project to ease Covid-19 related financial hardships by reducing energy costs for those that live on the island.
Wind Turbine
Wind Energy Costs Shrink with Efficiency From Longer Turbine Blades
Even without building turbines any taller, the blade length allows them to produce more power.
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