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Home2023April

Month: April 2023

Zero Edge

Saudi Arabia Makes Its Eurasian Shift

April 5, 2023 Mariel Alumit

Authored by Agha Hussain via The Cradle, Saudi Arabia’s recent reconciliations with Iran and Syria under Chinese-Russian guidance is perceived as a step toward reducing Riyadh’s dependence on the US, while also advancing Beijing and […]

EnergyNews

OPEC+ in Driver’s Seat as Oil supply Growth Lags Demand

April 5, 2023 Mariel Alumit

The surprise oil output cuts announced on Sunday by OPEC+ members illustrate their greater power over the market, given limited supply growth by other producers such as U.S. shale firms and still-growing demand despite the […]

Oil
EnergyNews

OPEC+ in Driver’s Seat as Oil supply Growth Lags Demand

April 5, 2023 Mariel Alumit

The surprise oil output cuts announced on Sunday by OPEC+ members illustrate their greater power over the market, given limited supply growth by other producers such as U.S. shale firms and still-growing demand despite the […]

Mexico
Electrical Generation / Utilities

Mexico snares Iberdrola power plants for $6 bln in ‘new nationalization’

April 5, 2023 Mariel Alumit

MADRID/MEXICO CITY, April 4 (Reuters) – The Mexican government has agreed to buy 13 power plants from Spanish energy giant Iberdrola in a deal worth $6 billion, which Mexico’s president hailed as a “new nationalization” […]

Natural Gas
Energy Policy

How The U.S. Became A Natural Gas Giant

April 5, 2023 Mariel Alumit

How The U.S. Became A Natural Gas Giant From a position of relative obscurity less than a decade ago, U.S. natural gas and liquefied natural gas (LNG) export capacity has expanded rapidly since the Lower […]

Markets
Electrical Generation / Utilities

Emerging Markets Grapple With Rising Solar Panel Costs

April 5, 2023 Mariel Alumit

With high energy prices and supply chain disruptions creating shortages of key renewable energy components and materials, emerging markets are reassessing how to build out utility-scale solar power to accelerate their energy transitions. After more […]

Biden
Coal

Biden wants coal country to rise like a phoenix

April 5, 2023 Mariel Alumit

The Biden administration is trying to herd renewable energy companies toward communities where coal-fired power plants and mines have shuttered. The latest carrot to tease that interest? A bonus tax credit for clean energy projects. […]

India
Climate Crisis

India’s power output grows at fastest pace in 33 years, fuelled by coal

April 5, 2023 Mariel Alumit

Intense summer heatwaves, a colder-than-normal winter in northern India, and an economic rebound caused a rise in electricity consumption, India is forced to increase output from coal plants to prevent power outages. SINGAPORE, April 5 […]

Kaufland
ESG

Lidl and Kaufland to Buy Electricity from Kaskasi, First Offshore Wind Farm to Use Recyclable Turbine Blades

April 5, 2023 Mariel Alumit

Lidl and Kaufland, the retail divisions of the German Schwarz Group, have signed a long-term power purchase agreement (PPA) with RWE Supply & Trading for the Kaskasi offshore wind farm, located in the German North […]

energy
Real Estate

NYC is behind in meeting its solar energy goals. Can it catch up?

April 5, 2023 Mariel Alumit

New York City has pledged to reach 1,000 megawatts of solar energy by 2030 — enough energy to power 250,000 homes, according to the Mayor’s Office of Environmental Justice. But state data shows that its […]

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