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HomeTop News

Top News

Investors
AI

How Investors Are Capitalizing on AI’s Insatiable Appetite for Energy

August 6, 2024 Mariel Alumit

AI data centers’ rising electricity demand prompts investors to buy power utility stocks, anticipating generational demand growth. Power utilities stand to benefit from the AI boom as they secure reliable electricity for consumers amid increasing […]

EV
Electric Vehicles

Introducing the Latest EV Headache: ‘Charger Hogs’ Causing Endless Lines at Charging Stations

August 6, 2024 Mariel Alumit

To attempt to address the growing issue of ill-mannered electric vehicle owners hogging fast chargers, Electrify America is experimenting with a strict limit at 10 of its busiest charging stations in California. CNN reports that the growing […]

France
Electrical Generation / Utilities

France tops Europe in power exports

August 6, 2024 Mariel Alumit

France was the top exporter of electricity in Europe in the first half of 2024, with a net export of 40.8 terawatt-hours (TWh), up 31.2% from the previous six months. This increase is due to […]

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 […]

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 […]

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 […]

SPR
Crude Oil News

Fact-Checking the Biden Administration’s SPR Narrative

August 5, 2024 Mariel Alumit

Despite claims of replenishment, the Strategic Petroleum Reserve (SPR) remains significantly below pre-Biden levels. The DOE’s statements create a misleading impression by including barrels not yet delivered and canceled sales in their replenishment figures. The […]

Maryland
Electric Vehicles

“Millions” Wasted On Electric School Busses As Maryland Pivots Back To Diesel

August 5, 2024 Mariel Alumit

A school district in Maryland is finding out just how costly virtue signaling can wind up being. Maryland’s largest school district in Montgomery County found out via an Inspector General’s report that implementing electric busses “led […]

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