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Home2024August

Month: August 2024

hydrogen
Energy Regulations

Commentary: Strict regulations threaten the green hydrogen industry

August 23, 2024 Mariel Alumit

  The following commentary was written by Bill Hayes, a finance executive who focuses onelectricity and environmental markets, and Joe Tedino, a Chicago-based writer focusing on the environment and sustainability. See our commentary guidelines for more information. Last month, […]

Illinois
Energy Storage

Study suggests a big role for grid battery storage as Illinois shutters its coal power plants

August 23, 2024 Mariel Alumit

  A major expansion of battery storage may be the most economical and environmentally beneficial way for Illinois to maintain grid reliability as it phases out fossil fuel generation, a new study finds. The analysis […]

Minnesota
Electrical Generation / Utilities

In Minnesota, Xcel Energy looks to mimic power plant with solar and storage networks

August 23, 2024 Stu Turley

Xcel Energy is proposing a new approach to powering the grid in Minnesota. The utility recently told state regulators it wants to build a network of solar-powered energy storage hubs, located strategically on its grid […]

Equinor
International News

Equinor, Polenergia get construction permits for offshore wind farms in Poland

August 23, 2024 Mariel Alumit

Norwegian energy major Equinor and its partner Polenergia have received construction permits for both the offshore and onshore parts of the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland. The Bałtyk offshore wind […]

offshore wind farm
Offshore

Another blade fails at Dogger Bank offshore wind farm

August 23, 2024 Mariel Alumit

A blade failure happened on Thursday morning on an installed turbine at the Dogger Bank A offshore wind farm, which is currently under construction. In line with safety procedures, the surrounding marine area has been […]

Canadian rail
International News

Ottawa moves fast to end Canadian rail shutdown

August 23, 2024 Mariel Alumit

The Canadian rail strike ended yesterday some 18 hours after it started as authorities moved rapidly to avert an economic disaster. Canada’s two biggest railways shut down yesterday after a midnight deadline passed without an […]

Vacant Homes
Finance

Here Comes the Inventory of Vacant Homes while Buyers’ Strike Continues despite Drop in Mortgage Rates  

August 22, 2024 Stu Turley

By Wolf Richter for WOLF STREET. Despite the drop in mortgage rates – to 6.5% in the latest reporting week – and the surge in inventories as vacant homes for sale are coming out of the woodwork, sales […]

Citi
Crude Oil News

Oil Buying Opportunity May Have Arrived: Citi

August 22, 2024 Mariel Alumit

Citi: oil prices could be set to rebound after sell off. The recent oil price decline is primarily driven by two key factors: easing geopolitical risks, particularly in Gaza with a potential ceasefire on the […]

Flying Cars
Electric Vehicles

Dream or Disaster, Flying Cars Face Multibillion Dollar Moment

August 22, 2024 Stu Turley

The bleak, blustery skies above Guangzhou are whipping the cramped two-seater aircraft with rain. One hundred feet above the ground, the plane’s 16 small electric rotors thrash alarmingly against the wind. Waiting below are murky […]

Gas
Geopolitical

Europe’s Gas Supply Tightens as Norway Begins Field Maintenance

August 22, 2024 Mariel Alumit

Europe is facing a tighter gas market as Norwegian field operators enter scheduled maintenance season. Any unplanned extension of the maintenance period would cause an imbalance on gas markets on the continent and leas to […]

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