Auto Added by WPeMatico
Demand for all fossil fuels to stop growing this decade World enters ‘Age of Electricity’ with EV sales set to climb The world is heading into an era of cheaper energy prices as a shift towards electricity use leaves behind surpluses of oil and gas, the International Energy Agency predicted. Global demand for all fossil fuels will …
World Set for Cheaper Energy on Shift From Oil and Gas, IEA Says Read More »
(Reuters) – Over-estimating China’s appetite for crude has been a factor in oil markets this year, especially by OPEC, and it’s a theme that looks likely to continue in coming years. The increasing shift to electricity in transport from fossil fuels and what it termed “electric mobility” is “wrong-footing oil producers,” according to the International …
China’s Rapid Electrification is Catching Oil Producers Off Guard Read More »
(Reuters) – More than 160,000 homes and businesses in Georgia, the Carolinas, Texas and California were without power on Wednesday as Hurricane Milton is expected to make landfall on Florida’s Gulf Coast late Wednesday, according to PowerOutage.us. The utility with the most outages was U.S. energy company Duke Energy, a major supplier in the Carolinas, …
Over 160,000 US Customers Without Power as Hurricane Milton Approaches Read More »
(Reuters) – MARA Holdings Inc., the world’s largest publicly traded bitcoin miner, has begun producing power in the U.S. shale patch as part of a pilot program to fuel 25 megawatts of its mining operations with excess natural gas, the company told Reuters on Tuesday. The move comes as intensifying competition for electricity between Big …
Cryptominer MARA Taps U.S. Shale Patch Power Generation in New Pilot Program Read More »
(Reuters) – Four electricity transmission projects serving the U.S. southwest, southeast and New England will get $1.5 billion in public funding to improve the grid’s resilience and connect customers with clean energy, the government said on Thursday. The funds for the second phase of the Transmission Facilitation Program come from a 2021 bipartisan infrastructure law …
U.S. Funds Four Power Grid Projects With $1.5 Billion Read More »
By Gavin Maguire LITTLETON, Colorado, Sept 26 (Reuters) – There’s a wide range in the proportion of U.S. electricity generated by clean energy sources, with nearly 100% of Vermont’s electricity coming from low-emissions power while the territory of Puerto Rico has less than 3% clean electricity. The average clean electricity supply share for the United …
COMMENTARY: The Cleanest and Dirtiest U.S. State Electricity Systems – Maguire Read More »
By Gavin Maguire LITTLETON, Colorado, Sept 26 (Reuters) – There’s a wide range in the proportion of U.S. electricity generated by clean energy sources, with nearly 100% of Vermont’s electricity coming from low-emissions power while the territory of Puerto Rico has less than 3% clean electricity. The average clean electricity supply share for the United …
COMMENTARY: The Cleanest and Dirtiest US State Electricity Systems – Maguire Read More »
(Reuters) – More than 1.28 million homes and businesses in Florida were without power on Friday as Hurricane Helene made landfall as one of the most powerful storms to hit the United States, according to data from PowerOutage.us. The utility company with the most number of customers affected was Duke Energy, which had over 380,000 clients …
More than 1.28 Mln Florida Customers Without Power Due to Storm Helene Read More »
By Reuters (Reuters) – U.S. utilities are finally signing concrete supply deals with data-center operators as the artificial-intelligence wave sparks a surge in power demand, paving the way for higher profits in the coming quarters. Data centers are expected to account for 8% of the power generated in the U.S. by 2030, compared with 3% in …
Microsoft Deal Signals Booming Demand from Data Centers to Power AI Read More »
(Reuters) – U.S. shale oil and gas executives are moving to electric rigs and fracking to reduce diesel emissions but grid infrastructure and cost challenges are hurdles, the Federal Reserve Bank of Dallas said on Wednesday in its quarterly energy survey. The survey of Texas, Louisiana and New Mexico executives also revealed third-quarter oil and …
Oil and Gas Drillers Embrace Electric Rigs, But Grid May Not Be Ready, Says Dallas Fed Read More »
