An unexpected decrease in wind generation across Europe has caused a significant surge in power prices, highlighting the region's dependency on expensive fossil fuels like gas. Despite vigorous efforts to increase wind and solar power capacity, hydrocarbons remain a vital backup when renewable
The US presidential election has always been a significant event with far-reaching implications, and the oil market is no exception. As the nation heads to the polls, market participants are adopting a "wait and see" approach, reflecting the uncertainty surrounding the election's outcome and its
The recent decision by the Federal Energy Regulatory Commission (FERC) has sent ripples through the energy and tech industries, particularly for those seeking to pioneer the integration of data centers powered by nuclear plants. On Friday, FERC's 2–1 ruling rejected a proposal from Amazon and Talen
The Bełchatów mine and power plant in Poland, the largest coal mine in Europe, stands at a critical juncture as its lignite reserves near depletion. Once a cornerstone of Poland’s energy industry, this massive site not only contributed close to 20% of the nation's electricity but also provided
A groundbreaking report from the American Bureau of Shipping (ABS) delves into the feasibility and transformational potential of employing nuclear propulsion, specifically small modular reactors (SMRs), in LNG carriers. Partnering with Herbert Engineering Corporation (HEC), the study evaluates the
With the recent shutdown of the last coal-fired power station, Britain is undergoing a significant transformation in its energy policy. This historic event represents a decisive move away from fossil fuels, heralding a new era where low-carbon energy sources take center stage. But as the country
