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Crude Oil
Oil Prices Gain 2% On Bigger-Than-Expected Decline in Us Crude Storage
NEW YORK (Reuters) -Oil prices rose about 2% on Wednesday as the second straight weekly draw from U.S. crude stockpiles was bigger than expected, which offset w…
Thermal Coal
Biden Brags About Killing Coal Plants as Grid Operators Warn of Rolling Blackouts
President Joe Biden boasted that there will be no more new coal-fired power plant developments in the U.S. during a Wednesday speech in Chicago, Illinois, even …
Nuclear Power Plant (NPP)
Nuclear Fusion Breakthrough: Decades of Research Are Still Needed Before Fusion Can Be Used as Clean Energy
The U.S. Department of Energy reported a major scientific breakthrough in nuclear fusion science in December 2022. For the first time, more energy was released …
Solar Panel
In April, U.S. Electrical Generation by Wind Exceeded Coal While Solar + Wind Out-produced Nuclear Power.
Washington DC – According to a review by the SUN DAY Campaign of data just released by the U.S. Energy Information Administration (EIA), wind produced mor…
Thermal Coal
Solar and Wind Power Surpass Coal in the US
It’s a first for the two renewables combined without adding hydropower.For the first time, solar and wind have generated more U.S. power than coal as meas…
Hydrogen Production
Yara to Invest in Blue Ammonia Capacity in U.S.
As part of its journey to decarbonize agriculture and serve clean ammonia segments, Norwegian fertilizer company Yara has announced it will boost its clean ammo…
Solar Cell
Joint Venture Invests $1.5B to Boost American-Made Solar
A new U.S. joint venture formed by Vikram Solar, Phalanx Impact Partners and Das & Co. announced plans to invest up to $1.5 billion to develop a vertically inte…
Biofuel
VEGOILS-Palm Falls Over 3% After News of Smaller-Than-Expected US Biofuel Mandate
Malaysian palm oil futures fell more than 3% on Wednesday following news of a U.S. plan to implement a smaller biofuel mandate than it had initially proposed.Th…
Oil&Gas Drilling
Woodside Sanctions $7.2 Billion Deepwater Oil Project
Australia’s energy giant Woodside has made a final investment decision to develop a deepwater oil project in the Perdido basin in the Gulf of Mexico located 30…
Gas Turbine
U.S. Pipeline Giant: Energy Transition Will Need More Natural Gas Infrastructure
U.S. natural gas infrastructure will have to expand so that gas can serve as a backup power generation fuel amid soaring wind and solar capacity in the energy t…
Photovoltaic (PV)
RWE’s Largest Utility-Scale Energy Storage System Goes Live in California
RWE continues to expand its renewables portfolio in the U.S., connecting its first utility-scale battery energy storage system (BESS) to the California Independ…
Thermal Plant
U.S. Making Water Efficiency Gains in Power Sector
As the U.S. moves away from the most water-intensive electric power generating sources, the country’s water withdrawals for power plant cooling remained relati…
Nuclear Fuel
DOE Spending $26M to Help Find a Temporary Site to Store Spent Nuclear Fuel
(The U.S. Nuclear Regulatory Commission issued a decision in May 2023 to allow the energy company Holtec International to build and operate a spent nuclear fuel…
Power Construction
U.S. Grid-Scale Energy Storage Installations Record Second-Straight Quarterly Decrease
Across all segments of the industry, the U.S. energy storage market added 2,145 megawatt hours (MWh) in the first quarter of 2023, a 26% decrease from Q4 2022. …
Oil Price
China Cut the Retail Prices of Gasoline and Diesel From Wednesday, the 6th Cut This Year
China cut the retail prices of gasoline and diesel, effective today, Wednesday, 14 June 2023.This is the sixth cut (so far) this yearGasoline and diesel prices …
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