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Home2023August

Month: August 2023

Price
EIA News

Developers added 16.8 GW of U.S. utility-scale generating capacity in first-half 2023

August 8, 2023 Mariel Alumit

August 8, 2023 Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, June 2023 In the first half of 2023, developers added 16.8 gigawatts (GW) of new utility-scale electric generating capacity to the […]

France
Electrical Generation / Utilities

France Is Europe’s Top Power Exporter as Germany Turns Importer

August 8, 2023 Mariel Alumit

(Bloomberg) — France has overtaken Sweden to become Europe’s top net power exporter, while Germany has moved from exporter to importer during the first half of this year. France’s total net exports amounted to 17.6 […]

Indonesia
Coal

Indonesia’s coal burning hits record high — and ‘green’ nickel is largely why

August 8, 2023 Mariel Alumit

Indonesia burned 33% more coal in 2022 than the year before, contributing to a 20% increase in the country’s carbon emissions from fossil fuels, an analysis of official data shows. This will likely catapult Indonesia […]

Sources
Geothermal

Who Holds the Rights to Geothermal Heat Sources?

August 8, 2023 Mariel Alumit

A recently enacted law in Texas, which went into effect in mid-June, declares the landowner or the owner of surface rights as the holder of subsurface geothermal energy and associated resources. If the surface and […]

nuclear
International News

France to speed up nuclear power deployment

August 8, 2023 Mariel Alumit

A bill to speed up the construction of new nuclear reactors was approved by the French parliament on Tuesday (16 May), with the government hailing it as an environmental step forward. Lawmakers on Tuesday validated […]

Greek
Exports

Greek shipowners control 21% of global tonnage

August 8, 2023 Mariel Alumit

The Union of Greek Shipowners (UGS) 2022 – 2023 annual report said the country’s shipowners control 21% of the global merchant fleet in deadweight tonnage terms. The 5,520-vessel strong Greek merchant fleet having grown by […]

ITER
Energy Tech

ITER fiasco will accelerate the progress of fusion

August 8, 2023 Mariel Alumit

The International Torus Experimental Reactor (ITER), a gigantic tokamak fusion device, has been hailed as the greatest single cooperative scientific endeavor in history, involving thousands of scientists and engineers from 35 nations. A marvel of […]

Australia
Crypto

Strongest sign yet Australia headed toward totally cashless society

August 8, 2023 Mariel Alumit

It appears Australia is truly on its way to becoming a cashless society, with the number of notes in circulation officially declining for the first time since dollars and cents were introduced in 1966. According to […]

Crypto

The Global Rejection Of CBDCs

August 8, 2023 Mariel Alumit

Authored by Ari Patinkin & John Berlau via RealClear Markets, The Biden administration and the Federal Reserve are taking steps toward the potential roll-out of a central bank digital currency (CBDC). In attempting to do […]

Finance

The Real Threat Is A Market-Driven Dollar-Downgrade

August 8, 2023 Mariel Alumit

Via SchiffGold.com, Last week, Fitch Ratings downgraded the US’s long-term credit rating from AAA to AA+. While the downgrade won’t significantly impact the US government’s ability to borrow, it should serve as a wake-up call […]

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