Nadhim Zahawi, U.K. chancellor of the exchequer, said he was confident the price cap plan would succeed. “I’m confident that tomorrow we’re going to be able at the G-7 get Continue Reading
While the Inflation Reduction Act may have a debatable impact on inflation, there is no doubt that it will be a boon for the renewable energy sector. The act allocated Continue Reading
Amid the extreme heat that began on Wednesday and is expected to last until early next week, Californian electricity consumers have been urged not to charge their electric vehicles during Continue Reading
U.S. natural gas consumption for power generation hit a record high in July, and demand for the energy source is only growing around the world. While natural gas prices in Continue Reading
California officials declared a statewide grid emergency. California officials declared a statewide grid emergency to cope with surging demand for power amid a blistering heat wave, raising the prospect of Continue Reading
Since Monday, the national average for a gallon of regular gasoline dropped three cents to $3.82. According to new data from the Energy Information Administration (EIA), gas demand increased slightly Continue Reading
Exxon Mobil Corp (XOM.N) and Shell Plc (SHEL.L) on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager IKAV for $4 billion, ending a 25-year-long Continue Reading
The landmark climate law signed by US president Joe Biden last month contains billions of dollars of financial carrots to reward investment in clean energy. The lone stick has been Continue Reading
A flex alert is issued by the ISO when the electricity grid is under stress because of generation or transmission outages, or from persistent hot temperatures. The California Independent System Continue Reading
The European Union is on track to beat targets for filling gas storage, but analysts warn the bigger factor for energy security this winter will be whether countries can slash Continue Reading
