By Gavin Maguire LITTLETON, Colorado, June 4 (Reuters) – U.S. power producers have lifted output from both fossil fuels and clean energy sources to new highs so far in 2025, on the back of steadily rising energy demand from data centers, businesses and households. Average retail electricity prices have risen in tow, and are hovering …
Five Charts on Key US Electricity and Power Generation Trends Read More »
By Naureen S Malik and Mark Chediak The rapid development of data centers connected to the largest US electric grid raised costs by $9.4 billion, an expense that consumers from Illinois to Washington, D.C., will see reflected in their utility bills starting this month. Overall costs rose by 180%, with the growing energy needs of …
Data Centers Added $9.4 Billion in Costs on Biggest US Grid Read More »
The state again looks to cut incentives for home users in a push to curb soaring electricity rates. By Mark Chediak A solar system atop a San Francisco housing development. Panel buyers would lose some incentives under a new proposal. Photographer: David Paul Morris/Bloomberg California prides itself as a champion of solar power. It helped …
California’s Rooftop Solar Dreams Are Dimming From Rising Bills Read More »
Strong international demand supports the project as Glenfarne eyes a final investment decision by the end of the year.
Enverus analysts say there is potential for more oil and gas companies to tap into geothermal on their existing assets—depending on available infrastructure and resource temperatures.
Samples of Standard Lithium and Telescope Innovation’s lithium sulfide have been shipped to solid-state battery companies in Asia and North America for ongoing testing and validation purposes, Standard says.
(Reuters) – Airlines need to reach long-term agreements to buy bigger quantities of sustainable aviation fuel if they want to boost global volumes of the lower-emission fuel required for industry climate targets, a Bayer executive said on Tuesday. Airline members of the International Air Transport Association are sticking to a target of net zero emissions by 2050 …
Airlines Must Ink Long-Term Deals on Greener Fuels to Boost Volumes Read More »
By Nate Raymond (Reuters) – Fishing companies and offshore wind opponents filed a lawsuit on Tuesday challenging the Trump administration’s decision to reverse course and allow construction to resume on Empire Wind, a $5 billion wind farm project off New York’s coast. Protect Our Coast New Jersey, Clean Ocean Action, ACK for Whales and 12 …
Wind Opponents Sue Trump Administration to Block New York Wind Project Read More »
The company may also consider selling a minority stake in the business, depending on valuation Bloomberg News Petroliam Nasional Bhd. is considering options for its Canadian company formerly known as Progress Energy Resources Corp., including a sale, according to people familiar with the matter. Petronas, as the Malaysian state energy firm is known, is working with a …
Petronas Reportedly Exploring Sale of US$7 Billion Canadian Business Read More »
Summary OPEC+ supply rises weigh on sentiment – Rystad analyst Persistent tariff tensions stalks market Upside potential to oil prices limited – Saxo Bank analyst (Reuters) – Oil prices held steady on Wednesday amid global trade tensions and as ongoing OPEC+ output increases were offset by a hit to Canadian supply from wildfires. Brent crude …
Oil Steady as OPEC+ Ups Output While Wildfires Curb Canadian Supply Read More »
