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 […]
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 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 […]
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 […]
OPEC Secretary-General Haitham Al-Ghais warned that energy prices could spike due to underinvestment. At least $12 trillion needs to be invested in the industry through 2045, he told CNN. “By underinvesting, we are actually endangering […]
The recent oil price rally has been driven, in large part, by Saudi Arabia’s and Russia’s efforts to cut supply to the global crude market. Both China and the West are negatively impacted by high […]
SOMETHING strange happened last week: the Guardian published an article which was worth reading. It concerned the massive insurance costs owners of electric vehicles (EVs) are facing. Here’s how the article started: ‘Driving an electric car should be a […]
Geologists believe they’ve found the world’s largest lithium deposit at the McDermitt caldera, a massive depression formed by Yellowstone millions of years ago. Though work is still underway to confirm the mineral volumes within, up […]
Investments in the Chinese power sector are set to top $13.9 trillion (100 trillion Chinese yuan) by 2060, Xinhua news agency reported on Monday, quoting the State Grid Corporation of China. China has pledged to achieve net-zero […]
About seven months ago, panic gripped financial markets over the regional bank meltdown, primarily due to exposure to the commercial real estate space, specifically office towers. Since then, many market participants have forgotten the turmoil, […]
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