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Home2024January

Month: January 2024

Drax
Carbon Capture

Drax gets go-ahead for carbon capture project at estimated £40bn cost to bill-payers

January 17, 2024 Mariel Alumit

Drax has received permission from the government to fit carbon capture technology to its wood-burning power plant, in a project that could cost bill-payers more than £40bn. The energy secretary, Claire Coutinho, on Tuesday approved […]

Energy
Energy Transition

2024 Promises the Expansion of the Green Energy Scam

January 17, 2024 Mariel Alumit

Years ago, I wrote a post about how cheap air travel to Europe was ruining America. My point was that the Americans visiting Europe were confusing what they experienced as a tourist with the reality of […]

Energy
Energy Policy

Energy Information Has Never Mattered More—So It’s Time to Reform the IEA and the EIA

January 17, 2024 Mariel Alumit

The International Energy Agency (IEA) turns 50 this year. Doubtless there will be champagne-infused celebrations at its Paris headquarters. But on this side of the Atlantic, it’s past time for the United States, the biggest […]

No Picture
Uncategorized

Arctic Sea Ice Soars to Highest Level for 21 Years

January 17, 2024 Mariel Alumit

The dramatic, if largely unpublicised, recovery in Arctic sea ice is continuing into the New Year. Despite the contestable claims of the ‘hottest year ever’ (and even hotter in 2024), Arctic sea ice on January 8th stood […]

battery
Energy Storage

Texas startup delivers landmark results with ‘earthen’ battery technology: ‘The opportunities … are significant’

January 17, 2024 Mariel Alumit

A trial run of Houston-based Sage Geosystems’ underground battery has delivered “groundbreaking” results, the company reported. The tech, sometimes called an “earthen” battery, is meant to store electricity generated from renewable sources. It’s also geared to be an […]

Bloomberg
Energy Transition

Progressive Lawmakers Line Up Behind Costly Fix For Error They Made In Renewable Energy Plan

January 17, 2024 Mariel Alumit

When Congress voted to spend hundreds of billions to switch electricity production to solar and wind, it forgot something: transmission lines. New ones will be needed going to the locations of the new power sources, […]

Pakistan
Geopolitical

Pakistan threatens Iran with ‘serious consequences’

January 17, 2024 Mariel Alumit

The Pakistani government has condemned an alleged Iranian missile strike in the Balochistan province on Tuesday, claiming it has caused civilian casualties. Islamabad said it would lodge a protest with Tehran over the “unilateral action” […]

Market
Crude Oil News

Market to be short oil from 2025 onwards, Occidental CEO at Davos

January 17, 2024 Mariel Alumit

“In the near term, the markets are not balanced; supply, demand is not balanced,” Hollub said, adding that: “2025 and beyond is when the world is going to be short of oil”. Hollub said that […]

electricity
Press

Surging electricity demand increases the risk of blackouts in the U.S.

January 17, 2024 Mariel Alumit

Oil Price Back in the middle of 2023, the International Energy Agency reported that electricity demand is on the decline in advanced economies. The IEA said at the time that demand for electricity in the U.S. alone […]

Ukraine
Geopolitical

NATO issues downbeat update on Ukraine

January 17, 2024 Mariel Alumit

The situation is “extremely difficult” so Kiev needs more weapons, Jens Stoltenberg has said Russia is advancing on many parts of the front in Ukraine while Kiev’s big offensive did not deliver the desired results, […]

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