U.S. coal fired generation capacity saw a significant shift in 2023, marking a continued decline in the industry. Let’s dive into the latest stats and […]
News
Abandon Coal Mines Are Being Repurposed Into Renewable Energy Hubs
In the U.K., the government is investing in the assessment of the potential for old coal mine sites to be converted into renewable energy hubs. […]
UK Ship Comes Under Attack in the Red Sea
A UK-registered vessel has become the target of attack off the Yemeni coast, with military authorities saying that the crew had abandoned the vessel. The […]
Fire Breaks Out in French Warehouse Full of Batteries
A fire broke out Saturday in a warehouse storing lithium-ion batteries in southern France, near Toulouse. Per media reports, the warehouse, property of local recycling […]
Wind and Solar Growth in China Not Enough to Offset Coal Expansion
In 2023, China’s economy expanded by 5.3%. This would have been an impressive number worth celebrating for any other country. For China, however, the number […]
World demand for liquefied natural gas jumps 50% by 2040: Shell
British energy group Shell on Wednesday forecast that world demand for liquefied natural gas would jump more than 50 percent by 2040, fueled by China […]
Trump Can’t Stop Energy Transition
Former President—and current Presidential candidate—Donald Trump—won’t be able to stand in the way of the Energy Transition, John Kerry said on Tuesday at the International […]
Europe’s Battery Storage Boom Is An $84 Billion Investment Opportunity
Europe is set for a boom in battery storage installations with grid-scale capacity expected to jump sevenfold by the end of this decade and represent […]
ADM Under Investigation for Accounting Procedures
US prosecutors are investigating Archer Daniels Midland due to their accounting procedures. The chief financial officer of the global agricultural commodities trader was put on […]
Roman Bilousov: Chinese Coal Demand May Dampen Shell’s Ambitious LNG Forecast
Shell has come out with a bold forecast that global LNG demand will rise by 50% by 2040, largely on the back of China-led growth […]