CNN — As momentum shifts toward clean energy, coal has had some unexpected staying power. What’s happening: Big banks like Goldman Sachs have pledged to divest from the dirty energy source, but reports that coal power is dying appear to […]
Daily Standup Top Stories Germany went from envy of the world to the worst-performing major developed economy. What happened? September 26, 2023 Mariel Alumit The loss of cheap gas from Russia played a part, but decisions […]
Oil is headed as high as $150 a barrel unless the US government does more to encourage exploration, according to Continental Resources Inc., the shale driller controlled by billionaire Harold Hamm. Oil is headed as […]
Warnings about a pending grid reliability crisis are increasing, and fingers point to the premature retirement of dispatchable electricity resources as the primary threat. As FERC Commissioner Mark Christie commented a few days ago, the […]
The German government appears to be moving closer to adopting a new multibillion-euro subsidy scheme to compensate industries for high energy costs, although specifics on how such a plan would work and be financed remain […]
“Crypto mining has been described as running your car in neutral all day so it can solve crossword puzzles in exchange for an occasional coupon that’s mostly useful for buying heroin online.” – Vice In the […]
In 2022, 29,165.2 terawatt hours (TWh) of electricity was generated around the world, an increase of 2.3% from the previous year. In this visualization, Visual Capitalist’s Chris Dickert and Sam Parker look at data from […]
Germany is importing more electricity than ever before after purchasing a record 6,505 gigawatt hours from abroad in August, according to the Federal Network Agency. The federal government has replaced much of the electricity produced […]
German energy giant RWE has begun dismantling a wind farm to make way for a further expansion of an open-pit lignite coal mine in the western region of North Rhine Westphalia. One wind turbine has […]
South Africa’s electricity supply challenges will not be solved by renewable energy alone as the country needs a “hybrid solution” that involves multiple sources of electricity generation. This is according to former Eskom COO Jan […]
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