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Home2024May

Month: May 2024

wind and solar
Energy Transition

Trillions in taxpayer subsidies haven’t made wind and solar power cheaper or better for Americans

May 6, 2024 Mariel Alumit

Despite us constantly being told that solar and wind are now the cheapest forms of electricity, governments around the world needed to spend $1.8 trillion on the green transition last year. “Wind and solar are already significantly […]

National Grid’s Viking Link
Climate Crisis

National Grid’s Viking Link sets world record

May 6, 2024 Stu Turley

National Grid‘s Viking Link interconnector has been officially recognized by GUINNESS WORLD RECORDS as the longest land and subsea HVDC interconnector. Spanning 757 kilometres between rural Lincolnshire and Revsing in Denmark, the project received its […]

Oil and gas
Crude Oil News

Oil and gas firms granted access to drill under UK offshore wind farms

May 6, 2024 Mariel Alumit

The government is set to make a significant announcement this Friday, granting permission for fossil fuel companies to explore for oil and gas beneath offshore wind-power sites. The move, disclosed by the North Sea Transition […]

UK
International News

UK fusion energy gets boost

May 6, 2024 Mariel Alumit

The UK Atomic Energy Authority (UKAEA) and the Czech Republic’s Centrum výzkumu Řež (CVŘ) have signed an agreement to advance fusion energy. Fusion is the process that occurs at the centre of stars and is […]

NATO
Geopolitical

‘We are in danger because of NATO membership’: Turkish Patriotic party is sounding the alarm

May 6, 2024 Mariel Alumit

The chairman of Türkiye’s Vatan Party speaks about the influence of the US, Palestine, and Israel, and the future of NATO When I told some of my colleagues and experts on Türkiye that I was […]

AI

Sheffield Gets Khan’ed!

May 6, 2024 Andy Del Prado

Daily Standup Top Stories Tesla battery material supplier tops list of human rights abuses for second year in a row May 4, 2024 Stu Turley Tesla buys battery materials from the mining giant with the most […]

Inflation
Finance

The Reasons the Fed’s Bowman is “Willing” to Hike Rates if “Data Indicate Progress on Inflation Has Stalled or Reversed”

May 5, 2024 Mariel Alumit

She nails it with her list of inflation-fueling factors. It parallels what Powell said more softly at the press conference. The first three months of the year have produced a nasty re-acceleration of inflation in […]

natural gas
AI

AI could drive a natural gas boom as power companies face surging electricity demand

May 5, 2024 Stu Turley

Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers. Electricity demand is forecast to grow 20% by 2030, according to Wells […]

waste from wind
ENB Pub Note

Environmentalists ignore renewables’ waste

May 5, 2024 Stu Turley

ENB Pub Note: This is a major topic, and the land reclamation and disposal of wind and solar components need to be addressed at the front end of the projects. Farmland and landowners are getting […]

Offshore Wind
Earnings

Vestas shares fall after posting earnings loss, revenue decline

May 5, 2024 Stu Turley

Vestas (VWDRY) shares fell Thursday after the company reported a first-quarter adjusted EBIT loss and lower revenue year-on-year. Vestas’s first quarter adjusted EBIT came in at -EUR68 million. Analysts had forecasted an adjusted EBIT profit […]

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