Imagine a world where the push for cleaner transportation hits a sudden roadblock, yet drivers still find a way to steer toward greener options. In the United States, the elimination of the $7,500 federal tax credit for electric vehicles has jolted the market, sending shockwaves through sales of
Setting the Stage for a Critical Market Challenge In the high-stakes world of global energy markets, few arteries are as vital as the Caspian Pipeline Consortium (CPC), which channels oil from the Caspian region through its Black Sea terminal near Novorossiysk, Russia. A recent drone attack on this
Imagine a future where clean, reliable energy powers the surging demands of artificial intelligence and electric vehicles without the carbon footprint of fossil fuels. This vision is at the heart of a major move by the U.S. Department of Energy, which has committed up to $800 million to develop
A four-day countdown begins Four days to idle Serbia’s only refinery—what happens when financing stops before fuel does, when wires go silent while tanks still hold product and workers keep gauges steady yet crude cannot cross a pipeline that yesterday flowed without fuss. The clock started when
Across the Mid-Atlantic and Midwest, a power market designed for incremental growth collided with the breakneck buildout of data centers and the long lead times of new generation, and the attempt to rewrite the rulebook fell short of consensus. PJM stakeholders failed to reach the two-thirds
Christopher Hailstone has spent years deep in the engine room of India’s power system—running energy portfolios, standing up large renewable programs, and troubleshooting grid reliability. In this conversation, he breaks down how a KKR-backed platform can scale to 17 GW by 2029/30 while keeping