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Home2024November

Month: November 2024

Oil
Crude Oil News

More Iran sanctions and ‘drill baby, drill’: Oil market’s future is still uncertain under Trump

November 6, 2024 Mariel Alumit

U.S. oil producers are looking forward to less regulations on crude production under a Donald Trump presidency, meaning higher oil supply and consequently lower prices. But it’s not that straightforward: Trump who was announced Wednesday […]

Energy Policy

Trump return will slow, not stop, US clean energy boom

November 6, 2024 Clark Savage

Nov 6 (Reuters) – Donald Trump’s return to the White House will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday’s presidential elections is unlikely […]

Ofgem
Press

Ofgem seeks input on 2028 electricity price control framework

November 6, 2024 Andy Del Prado

Ofgem has launched a consultation on its proposed framework for the ED3 electricity distribution price control period, which will run from April 2028. This consultation will gather insights from various stakeholders, including those who use […]

Bristol
Press

Bristol’s nuclear sector growth boosts jobs to 3,500

November 6, 2024 Andy Del Prado

The nuclear sector’s growth in the Bristol area has reached a new milestone, with 3,500 jobs now supported by the industry. Recent expansions and new facilities catering to Hinkley Point C in Somerset have bolstered […]

clean power
Press

Urgent action needed to meet clean power 2030 target

November 6, 2024 Andy Del Prado

A new report on the journey towards achieving clean power by 2030 highlights the urgent need for increased investment in low carbon energy technologies. While the goal is technically achievable, energy experts caution that reaching […]

Europe
Imports

Europe Stocks Up On LNG Ahead of Winter

November 6, 2024 Mariel Alumit

The rare October jump in LNG imports was largely due to buyers stocking up on the fuel at steady prices at the end of the summer. Once again at the mercy of the winter weather, […]

households
Press

Nearly 40% of households concerned about affording proposed water bill increases

November 6, 2024 Andy Del Prado

A recent survey conducted by the Consumer Council for Water (CCW) has found that 40% of households across England and Wales are worried about affording the proposed increases to their water bills, with concerns being […]

NESO
Press

Solar industry slams NESO for undervaluing solar potential

November 6, 2024 Andy Del Prado

A recent report by the National Energy System Operator (NESO) has sparked concerns from Solar Energy UK, which argues that the potential of solar power and battery storage to support Britain’s clean energy future is […]

solar
Press

MP visits Port of Liverpool to review ‘UK’s largest’ rooftop solar project

November 6, 2024 Andy Del Prado

Bill Esterson, Labour representative for Sefton Central and Chair of the Energy Security and Net Zero Select Committee, toured the Port of Liverpool to observe the development of the UK’s largest roof-mounted solar system. The […]

Longer-term Treasury Yields
Finance

Longer-term Treasury Yields & Mortgage Rates Explode, Yield Curve Un-Inverts Further as Bond Market Gets Spooked

November 6, 2024 Andy Del Prado

By Wolf Richter for WOLF STREET. Longer-term Treasury yields spiked this morning, on top of the surge since the September rate cut. Spiking yields means plunging prices, and it has been a bloodbath for bondholders. The 10-year Treasury […]

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