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Home2024March

Month: March 2024

carmakers
Electric Vehicles

Do EU’s mixed signals really help carmakers?

March 26, 2024 Mariel Alumit

  Welcome to the latest Transport Brief! Europe’s new suite of green rules for road transport is starting to take shape. Some new laws unambiguously push European carmakers to produce zero-emission vehicles. But other proposals […]

overcharging
Electrical Generation / Utilities

Probe launched into wind farms over alleged £100m overcharging

March 26, 2024 Mariel Alumit

Ofgem has initiated an investigation into wind farm owners over alleged market manipulation. They are accused of overcharging consumers by £100 million, with claims suggesting they artificially inflated compensation payments received for shutting down turbines on windy days when grid capacity […]

BlackRock
Energy Transition

BlackRock’s Larry Fink ditches ESG for ‘energy pragmatism’

March 26, 2024 Mariel Alumit

The climate change-focused investment strategy known as ESG suffered another blow Tuesday at the hands of someone who was once its biggest steward on Wall Street: Larry Fink. The BlackRock CEO called for “energy pragmatism” in his annual […]

European
Finance

European Economies Limped Into 2024

March 26, 2024 Mariel Alumit

Several European countries will hold elections this year, with economic conditions and the Russia-Ukraine war dominating discussions. Slovakia, Lithuania and Romania will elect presidents; Lithuania and Romania will also elect parliaments, as will Belgium, Croatia […]

hydropower
EIA News

Western U.S. hydropower generation fell to a 22-year low last year

March 26, 2024 Mariel Alumit

According to preliminary data from our Electricity Data Browser, the least hydropower was generated in the western United States during the 2022–23 water year (October 1 through September 30) since at least 2001. Western region hydropower generation dropped […]

Britain
Energy Tech

Almost four million faulty smart meters in Britain

March 26, 2024 Mariel Alumit

The latest figures from the Department for Energy Security and Net Zero indicate that there are 3.98 million non-operational smart meters in smart mode. From June 2023 to the end of the year, the number […]

Germany
Energy Crisis

Germany used to be Europe’s economic powerhouse – it is fast becoming today’s sick man of Europe

March 26, 2024 Mariel Alumit

In 2010, the now German minister of the economy Robert Habeck wrote, in his book published that year, that “patriotism, love of country, that makes me want to vomit”. This was a typical sentiment among the Greens […]

Wind
Energy Crisis

Wind and sun are free, but it’s harder to get renewable energy projects built these days. Here’s why

March 26, 2024 Mariel Alumit

Germany – The wind gusting across north German farm country brings much to the village of Sprakebuell: fog and rain from the sea, the occasional migrating stork, the faint smell of manure in the newly […]

Argentina
Crypto

Texan bitcoiners start mining in Argentina, where peso is in freefall

March 26, 2024 Mariel Alumit

Giga Energy, based in Houston, has teamed up with Exa Tech and Phoenix Global Resources to mine bitcoin in Argentina. The province of Mendoza is home to the world’s second-largest shale gas reserve. At the […]

UK
International News

UK commits nearly $1bn to nuclear program

March 26, 2024 Mariel Alumit

  London has announced an investment plan to boost workforce in the sector and to maintain its submarine at-sea deterrent The UK government revealed plans on Monday to boost Britain’s nuclear sector, for energy and […]

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