Tag: energy market

March 8, 2022

The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand for the fuel grows during a period of diminished supply. […]

October 4, 2021

Ten years ago, the energy market was based around the conventional, centralized generation of oil and coal plants. It was predictable and formulaic. These staples of yesterday’s energy market are no longer the future of energy generation. Instead, we see […]

July 24, 2020

A new model for calculating the value of distributed energy resources (DERs) could lead to big changes in the biggest U.S. state’s energy market. This spring the California Public Utilities Commission (CPUC) approved changes (PDF) to its Avoided Cost Calculator. […]

May 15, 2020

The company that facilitates payments on the U.K. electricity market, tracking the trade between those who produce electricity and those who supply it and resolving the differences, has fallen victim to a cyber-attack. Elexon is at the center of the […]

April 9, 2020

The latest report on energy system developments shows that 176 GWs of new renewable energy capacity accounted for 72% of all new energy capacity additions in 2019. The data, released in the International Renewable Energy Agency (IRENA)’s annual Renewable Capacity […]

March 31, 2020

Given the enormous funds currently being dedicated to support the economy during the COVID crisis, there has been a lot of talk of the need for ‘green’ stimulus, to ensure that economic recovery doesn’t tank the environment. Yet the fundamental […]

January 28, 2020

“Renewable power sources are reducing the need for large and efficient high-power generators,” said Wilmer Zhou, Senior Analyst, Manufacturing Technology, at IHS Markit Technology. “However, renewable power sources are not reliable for constant power generation. Because of this, they require […]

September 28, 2018

OPEC producers and President Donald Trump are both embracing a “show me” attitude to energy market uncertainty, analysts told CNBC on Friday, as traders speculate about the possibility of $100 a barrel before year-end. “The market and certainly the U.S. […]

September 7, 2018

The term “market disruptor” is seemingly thrown around for every new technology with promise, but it will be quite prescient when it comes to energy storage and U.S. power markets. New energy storage projects in the U.S. are making solar […]

August 15, 2018

A sustained upswing in U.S. shale growth is likely to offset global production problems over the coming months, energy analysts told CNBC on Wednesday. The mood music in the energy market has been heavily influenced by a flurry of demand-side […]

May 26, 2017

The U.S. and China have announced the initial steps in their 100-Day action plan of the Comprehensive Economic Dialogue, inviting Chinese companies to negotiate long-term contracts for liquefied natural gas (LNG) shipments from U.S. suppliers. This is a really big deal. […]

December 22, 2016

The production cut of 1.8 million barrels of oil a few years back would have led to a massive spike in oil prices; however, in 2016, it has barely managed to nudge prices above the $52 per barrel mark. Fears […]

November 22, 2016

The rise, which would pull oil prices up from the below $50 per barrel mark where it has sunk since late October, should facilitate a rise in capital expenditure (capex), PwC argued. The report highlights the precipitous decline in global […]

June 14, 2016

Apple has a solar power problem. It has too much of it. Worldwide, Apple gets 93% of the electrical energy it needs from solar and other renewable sources. That electricity runs its stores, offices, and datacenters worldwide. But in California […]

April 8, 2016

New analysis from the US Solar Energy Industries Association has found inaction on solar in Massachusetts is costing cities and towns millions in lost revenue. According to a new analysis conducted by Vote Solar and the US Solar Energy Industries […]