Oil up as Omicron Heat Fades; OPEC Sticks to Agreed Barrels
Oil prices rebounded Thursday from two days of heavy selling, after a lack of compelling news on Covid’s Omicron variant, and as producer alliance OPEC+ stuck to the number of barrels it planned to roll out in January.
CMS Energy’s Board of Directors Declares Quarterly Dividend on Common Stock
By JACKSON (Fri, October 22, 2021) The Board of Directors of CMS Energy has declared a quarterly dividend on the company’s common stock. The dividend for the common stock (CUSIP: 125896100) is 43.50 cents per share. It is payable Nov. 30, 2021, to shareholders of record on Nov. 5, 2021. CMS Energy (NYSE: CMS) is […]
What’s Behind the Energy Crunch in Britain and Europe
By Stanley Reed (Thur. October 14, 2021) Just as economies seemed to be returning to something like normal, an energy crunch has hit Britain, the rest of Europe and much of the world. Natural gas, the main focus of this squeeze, is crucial for generating electricity, running factories and heating homes. It is also seen […]
Nikola, TC Energy to jointly develop hydrogen production plants in U.S., Canada
By Reuters (Thu, October 07, 2021) Nikola (NKLA.O) is joining hands with Canadian pipeline operator TC Energy Corp (TRP.TO) to build and operate plants for hydrogen production to meet the electric-truck maker’s fuel supply needs of its vehicles, the companies said on Thursday. Under the agreement, the two companies are planning to build their plants in the United States […]
GM expects renewable energy-powered U.S. sites by 2025, ahead of plan
By Shinjini Ganguli (Thu, September 30, 2021) No.1 U.S. automaker General Motors Co said on Thursday it plans to have its sites in the United States run on renewable energy by 2025, five years ahead of its original goal. The company also said it was working with U.S power grid operator PJM Interconnection and energy […]
Euro zone to discuss economic hit from soaring energy prices
By Jan Strupczewski (Thu, September 30, 2021) Euro zone finance ministers will discuss soaring energy prices on Monday, concerned they could slow economic recovery, impact on investment decisions and disproportionately hit the poorest, a European Commission note showed. The note, prepared for the ministers’ meeting in Luxembourg, said however, that any policy response must first […]
Daily on Energy: Sinema could be driving force behind climate provisions that survive Democrats’ spending push
By Josh Siegel MOMENT OF CLARITY: Sen. Kyrsten Sinema of Arizona, a key moderate vote for Democrats, is showing her cards on climate change, citing the issue as a priority that should be central to the party’s attempt at passing a $3.5 trillion reconciliation spending package without any Republican votes.https://www.dianomi.com/smartads.epl?id=3533 Sinema, despite representing a fossil fuel-dependent state herself, […]
Secretary Granholm Pursues Global Climate Action, Clean Energy Jobs at Ministerial with 24 Eastern and Central European Countries
By Energy.gov During Poland Visit, Secretary Granholm Re-launched the Partnership for Transatlantic Energy and Climate Cooperation, Energized Bilateral Relationships WARSAW, POLAND – From Wednesday, September 22nd to Friday, September 24th, U.S. Secretary of Energy Jennifer M. Granholm traveled to Warsaw, Poland to convene a series of meetings with her counterparts in the region to discuss the […]
Tesla setting up ‘solar neighbourhood’ in 10,000 home Texas residential development
By Andy Colthorpe Tesla Energy has begun an initiative to install its V3 solar roof tiles and Powerwall 2 residential battery storage systems for what has been dubbed a “solar neighbourhood” at homes in a new development in Austin, Texas. The electric vehicle (EV) and sustainable energy company has partnered with global asset management group […]
US National Renewable Energy Lab forecasts rapid cost reduction for battery storage to 2030
By Andy Colthorpe The National Renewable Energy Laboratory (NREL) in the US has forecast dramatic cost reduction trends for battery energy storage to continue on a rapid trajectory to 2030 with reductions continuing at a slower pace through to 2050. NREL has just published its annual technology baseline (ATB) report, which looks at both cost […]