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Home2024January

Month: January 2024

Price
Finance

D.R. Horton Sheds Some Light on the Massive Costs of Mortgage Rate Buydowns as a Hedge Went Awry. Stock Tanks

January 24, 2024 Mariel Alumit

The plunge in mortgage rates in Nov and Dec blew up the hedge for the rate buydowns: surprise cost on top of the regular costs of buydowns. By Wolf Richter for WOLF STREET. Homebuilder stocks tanked on Tuesday […]

Climate Crisis

Daily Energy Standup Episode #293 – EV Charger Boondoggle, Solar Mega-Project Activated, Copper Woes, and Market Insights

January 24, 2024 Andy Del Prado

Daily Standup Top Stories $2 Billion in Subsidies, Only 2 EV Stations Opened, the Holdup is Social Justice January 23, 2024 Mariel Alumit In yet another example of Biden incompetence, the administration is setting up rules […]

Price
Bankruptcy

Another Online Used-Car Dealer Bites the Dust: Vroom, 3.5 Years after Red-Hot IPO, Shuts Down as Ally Suspends Credit Line

January 23, 2024 Mariel Alumit

The SPACs Shift Technologies and Carlotz are already dead. Carvana is still out there, after its distressed debt exchange. By Wolf Richter for WOLF STREET. In an SEC filing and an announcement on its website Monday evening, Vroom […]

DATA
AI

EXPECT DATACENTERS TO GET DENSER, HOTTER, AND SMARTER

January 23, 2024 Mariel Alumit

The datacenter industry today looks very different than it did a decade ago. A number of factors have emerged over the past few years: most recently, the proliferation of large-scale AI, but also the slowing […]

solar
Energy Storage

Largest solar and storage project in U.S. activated

January 23, 2024 Mariel Alumit

Terra-Gen and Mortenson have announced the activation of the Edwards & Sanborn Solar + Energy Storage project, the largest solar and storage project in the United States. Mortenson served as engineering, procurement, and construction contractor for […]

EV
Electric Vehicles

$2 Billion in Subsidies, Only 2 EV Stations Opened, the Holdup is Social Justice

January 23, 2024 Mariel Alumit

In yet another example of Biden incompetence, the administration is setting up rules making it harder to deliver EV charging stations. Politicizing EV Charging Stations The Wall Street Journal comments on The Politicized EV Charger ‘Revolution’ […]

AI

ENB #176 AI Transformation: Navigating Industry Challenges and Ethical Frontiers in the Energy Markets including regulations

January 23, 2024 Stu Turley

What is AI? More importantly, why is everyone already suffering from “AI Fatigue”? This is an entertaining talk about AI in the oil and gas market. I did not know that I was subconsciously tired […]

Copper
Critical Minerals

Pay Attention To Copper Before It Derails The Energy Transition

January 23, 2024 Mariel Alumit

Global demand for copper is rising steadily and is only expected to accelerate. Even with China experiencing deflation, the metal has held up well this year vs previous years, where it moved exclusively in response […]

TotalEnergies
Exploration and Production

TotalEnergies eyes March 2024 restart date for Denmark’s largest offshore natural gas field

January 23, 2024 Mariel Alumit

(WO) – TotalEnergies and BlueNord provided an update on progress and expected timeline of the Tyra Redevelopment Project (“Tyra” or “Tyra II”), Denmark’s largest offshore natural gas field. TotalEnergies confirmed in its REMIT notification on […]

Climate
Climate Crisis

KEVIN MOONEY: Biden Admin’s New Climate Rules Could Mean Big Payday For His Buddies, Burden For American Businesses

January 23, 2024 Mariel Alumit

In a setback for former government officials and attorneys poised to cash in on proposed climate disclosure rules, the Securities and Exchange Commission continued to kick the ball down the road last year. Many of the […]

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