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Home2023October

Month: October 2023

AI

Daily Energy Standup Episode #222 – Switzerland Bans Electric Cars, AI Power Demand Rises, LNG Prices Soften, Biden’s Grid Plan Challenged and OPEC Warns of Underinvestment

October 4, 2023 Andy Del Prado

Daily Standup Top Stories Switzerland plans to BAN electric cars from the roads and order games consoles turned off during power shortages in a bid to reduce energy consumption October 3, 2023 Mariel Alumit Swiss have […]

Ireland Rejects LNG Terminal Project on Climate Grounds
Climate Crisis

Ireland Rejects LNG Terminal Project on Climate Grounds

October 3, 2023 Mariel Alumit

Amid Europe’s angst over energy security, Ireland has made one of the boldest moves of any nation on the continent in the name of climate action: It rejected a new fossil fuel import facility. The country’s planning […]

Switzerland
Electric Vehicles

Switzerland plans to BAN electric cars from the roads and order games consoles turned off during power shortages in a bid to reduce energy consumption

October 3, 2023 Mariel Alumit

Swiss have drawn up emergency plans to deal with energy shortages this winter  In emergency situation, electric vehicles will be banned for all-but essential trips ‘Crisis’ restrictions could see all sports stadiums and leisure businesses […]

transform
Climate Crisis

A new study zaps Biden’s plan to transform the electrical grid

October 3, 2023 Mariel Alumit

Politicians, activists and lobbyists worried about a “climate crisis” and determined to compel a rapid transition from fossil fuels to “clean, renewable” energy seem to think it’s a slam-dunk process. They believe they can simply […]

ESG
ESG

ESG has lost its meaning. One advocate says let’s throw it in the trash

October 3, 2023 Mariel Alumit

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the […]

Tesla
Electric Vehicles

Tesla Literally Fails To Deliver On More EVs, Sends Share Price Plummeting

October 3, 2023 Mariel Alumit

Tesla, one of the world’s largest EV makers, has fallen short of delivery targets. Tesla warned us this would happen months ago, but Wall Street wasn’t expecting such a major drop, which sent the share […]

Price
EIA News

U.S. construction costs dropped for solar, wind, and natural gas-fired generators in 2021

October 3, 2023 Mariel Alumit

 October 3, 2023 Data source: U.S. Energy Information Administration, Electric Generator Construction Costs and Annual Electric Generator Report The average construction costs for solar photovoltaic systems, wind turbines, and natural gas-fired electricity generators […]

AI
AI

AI AI, Oh Oh: Artificial intelligence power consumption about to skyrocket – and no one is prepared

October 3, 2023 Mariel Alumit

Today’s musings go far into left field, but please do tag along. If you care about energy, you’ll want to hear all this.  Though it has been around for a while, Artificial Intelligence (AI) has […]

EU
Finance

EU’s Renewable Energy Financing Tender Oversubscribed

October 3, 2023 Mariel Alumit

EU has received bids significantly exceeding target volumes in its first tender under the bloc’s renewable energy financing mechanism. The European Commission said in a media release the tender closed on September 27 after launching […]

TotalEnergies
Exports

LNG prices to soften by end of decade -TotalEnergies CEO

October 3, 2023 Mariel Alumit

QATAR, Oct 3 (Reuters) – Global prices of liquefied natural gas (LNG) are expected to soften by the end of the decade as new supply comes online, the CEO of French energy firm TotalEnergies said […]

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