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Home2024August

Month: August 2024

London Power Tunnels
Electrical Generation / Utilities

First London Power Tunnels circuit goes live

August 6, 2024 Mariel Alumit

The initial 2.5-kilometre circuit of the £1 billion London Power Tunnels project has been switched on, connecting the Hurst substation to Crayford. Energy Minister Michael Shanks attended the event to mark the occasion. This project […]

nuclear reactor
Finance

Rolls-Royce seeks cash for mini nuclear reactor business

August 6, 2024 Mariel Alumit

Rolls-Royce is preparing to sell a stake in its small nuclear reactor business to secure additional funding. The company’s Chief Executive, Tufan Erginbilgic, confirmed that they are in discussions with potential investors. According to The […]

Gas
Electrical Generation / Utilities

Gas tops UK electricity generation in July

August 6, 2024 Mariel Alumit

In July, Britain generated 24.1% of its electricity from gas, making it the largest source of power generation for the month. Wind power was the second largest source, providing 21.3% of the total electricity. According […]

Market
Finance

Global Market Meltdown Adds to Geopolitical Chaos

August 6, 2024 Mariel Alumit

Fears of a U.S. economic slowdown helped drive stock market declines in Asia, Europe, and the United States. Global markets went berserk on Monday in one of the worst trading days in recent memory as […]

power plants
Coal

The most coal is stockpiled at U.S. power plants since 2020

August 6, 2024 Stu Turley

Coal stockpiles at U.S. electric power plants totaled 138 million short tons at the end of May, the most since the first half of 2020 when the effects of the COVID-19 pandemic reduced electricity demand […]

Utilities
Energy Transition

Utilities are trying hydrogen-blended fuels. There are a lot of unknowns.

August 6, 2024 Mariel Alumit

  Snaking under city streets, behind residential drywall and into furnaces, ovens and other appliances, natural gas pipelines are a ubiquitous presence in U.S. buildings. The question of what to do with them as the […]

University of Miami
Energy Tech

University of Miami professor seeks funding for new form of wind propulsion

August 6, 2024 Mariel Alumit

  A researcher from the University of Miami College of Engineering is seeking funding to build a prototype of a new form of wind propulsion for ships. GeCheng Zha, a professor of aerospace engineering and […]

Car carrier
International News

Car carrier hit by massive fire a year ago readies for new life in China

August 6, 2024 Mariel Alumit

A year on from a devastating fire which killed one crewmember, the car carrier formerly known as Fremantle Highway is being prepped to head from The Netherlands to new owners in China. Dutch authorities have […]

Tokyo Gas
International News

Tokyo Gas invests in floating wind farm off Portugal

August 6, 2024 Mariel Alumit

Japan’s natural gas provider Tokyo Gas has made an investment in the WindFloat Atlantic operational floating offshore wind farm in Portugal. The wind farm is operated by Windplus, a majority-owned subsidiary of Ocean Winds. This […]

Bankruptcy

Middle East vs Oil Prices

August 6, 2024 Andy Del Prado

Daily Standup Top Stories How Conflict in the Middle East Could Send Oil Prices Soaring August 5, 2024 Mariel Alumit Rising tensions between Israel and Iran are threatening to disrupt oil supply chains and could send […]

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