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Alliant Energy said a 200-MW solar facility in Linn County, Iowa, was recently brought online. The Pleasant Creek Solar installationrenamed after being known as Duane Arnold Solar during development and […] The post Alliant Energy Brings Iowa’s Largest Solar Farm Online appeared first on POWER Magazine.
US benchmark WTI crude is down nearly 4% as Saudi Arabia reports emerge that not only can the Saudis sustain todays low oil prices, but output increases are likely to be announced next week, for June output, sources speaking to both Reuters and Bloomberg have indicated. On Wednesday, Reuters cited five unnamed sources as saying that the Saudis have no intention of boosting oil markets with further supply cuts, as Riyadhs budget can tolerate sustained low prices.
While Alberta’s historical energy legacy has been defined by coal and crude oil, the Canadian province has embraced renewables and carbon capture over the past two decades, and is now exploring small modular The post Alberta’s Deregulated Grid Is Bracing for 11 GW of New Demand appeared first on POWER Magazine.
Raindrops could hold the key to next generation renewable energy. Scientists in Singapore recently managed to generate electricity from rain-like water droplets with a surprisingly promising amount of efficiency. If this scientific breakthrough proves to be scalable and, eventually, commercially viable, this could have major implications for the global decarbonization movement, and could provide a new form of residential clean energy production.
Major German BESS Project Closes Financing. Energy transition bank NORD/LB announced it has closed an €87 million ($94 million) financing package with Nofar Energy for construction of a 104.5-MW/209-MWh The post POWER Digest [May 2025] appeared first on POWER Magazine.
Crude oil inventories in the United States saw a decrease of 2.7 million barrels during the week ending April 25, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration. On Tuesday, the American Petroleum Institute (API) reported a sizeable build in US crude oil inventories of 3.76 million barrels in U.S. crude oil inventories with draws in gasoli
Aggreko said it has launched a 500-kW liquid-cooled resistive load bank, purpose-built for liquid-to-liquid data center commissioning and testing for North American customers. The energy solutions group said the load […] The post Aggreko Expands Data Center Solutions with Liquid-Cooled Load Bank appeared first on POWER Magazine.
Winter is over in the northern hemisphere, and demand for heating is in decline, to the likely chagrin of LNG exporters. Demand for the fuel in the key Asian and European markets has weakened this month as peak demand season easesbut the weakening is temporary. Europe imported a record 7.04 million tons of liquefied natural gas from its top supplier, the United States, last month, but this has dropped to 5.88 million tons this month, data from Kpler, cited by Reuters Clyde Russell has shown.
Winter is over in the northern hemisphere, and demand for heating is in decline, to the likely chagrin of LNG exporters. Demand for the fuel in the key Asian and European markets has weakened this month as peak demand season easesbut the weakening is temporary. Europe imported a record 7.04 million tons of liquefied natural gas from its top supplier, the United States, last month, but this has dropped to 5.88 million tons this month, data from Kpler, cited by Reuters Clyde Russell has shown.
In 2025, as the Paris Agreement marks its tenth year since its signing, the global energy structure has entered a critical transformation phase. While solar photovoltaic (PV) systems have become […] The post How Super Crystalline Nanomaterial Applied to Solar Power Cables and Connectors Can Improve System Efficiency 100 28591 100 28591 0 0 39777 0 --:--:-- --:--:-- --:--:-- 39764 100 28591 100 28591 0 0 39774 0 --:--:-- --:--:-- --:--:-- 39764 appeared first on POWER Magazine.
The United States and Ukraine are set to finalize a landmark critical minerals agreement as early as Thursday, in a move that could reshape the geopolitical landscape of critical raw materials, but questions remain as to exactly how each party will benefit, and what Russias response will be. Early on Wednesday, an Ukrainian government source told Reuters that Ukraine was ready to sign a mineral resources deal with the U.S., and that Ukrainian First Deputy Prime Minister Yulia Svyrydenko was en r
Clean energy is accelerating, and the Inflation Reduction Act (IRA) is a major driver. It introduced the largest package of federal clean energy tax incentives in U.S. history, with significant […] The post Making Clean Energy Credits Count: What the IRA Means for Your Bottom Line appeared first on POWER Magazine.
The global oil industry for much of the 20th century was controlled by a powerful cartel of private companies known as the "Seven Sisters." This group long dominated production, pricing, and access to reserves from the Middle East to Latin America. They shaped markets, dictated terms to host countries and built the foundations of the modern energy system.
Houston, we have a problem. Artificial Intelligence (AI) and the data centers (banks of hundreds or thousands of computers) that support AI are being planned right now. All those data centers need reliable power supplies.
Koch Industries will exit the oil and fuels trading business to focus on other, more customer-oriented trading activities, a spokesperson for Koch Minerals & Trading, a division of the industrial conglomerate, said, as quoted by Reuters. Bloomberg reported that the company was going to expand in metals, maritime transport, and natural gas related products, citing a letter by company executives.
A brief note to let our valued subscribers know that MDN will not be published from Thursday, May 1, to Friday, May 9. We will return with full-strength MDN on Monday, May 12. MDN editor Jim Willis and his wife are traveling to South Carolina to watch their youngest son graduate with a PhD! We.
Spanish energy major Repsol is committed to keeping its previously announced shareholder remuneration policy for this year despite the volatile market, trade tensions, and OPEC+ plans to raise production. Repsol reported on Wednesday an adjusted income of $740 million (651 million euros) for the first quarter, a plunge of 48.6% compared to the same quarter of 2024.
Last Thursday, West Virginia Governor Pat Morrisey signed Senate Bill (SB) 627 into law. SB 627 removes the previous ban on leasing “pore spaces” under state-owned parks. However, the bill explicitly prohibits any surface disturbance on state park land for drilling or injection. All lease revenues generated must be used exclusively for improvements and maintenance.
Noble Corp, (NYSE:NE) turned in a pretty solid report for Q-1 this week, and gave a forecast that caused the stock to rally sharply, up 12%, on the news. Over the course of the day, where oil prices had dropped to around $60, it managed to hold onto a good chunk of that gain. Key among the salient points of the release was the announcement of a $2.0-$2.5 bn addition to the company's backlog in the quarter, bringing the total to $7.5 bn on the upside.
What have we been telling you for YEARS? That natural gas is not a “bridge” to an unreliable renewable energy nirvana, but is, instead, the destination (see Baker Hughes CEO Says NatGas is the Destination, Not Just a Bridge). That truth is now so obvious that even the Commies at Bloomberg can no longer deny.
Natural gas production from the massive discovery in the Black Sea offshore Romania is expected to begin in 2027, Austrias energy giant OMV said on Wednesday, adding that the project, Neptun Deep, is advancing as scheduled. Drilling for the first of ten wells began in March this year and is anticipated to take two to three months, OMV said in its first-quarter results release.
Government officials in Germany are supporting development of a nuclear fusion pilot plant. Officials have said they want nuclear fusion to be a priority of the countrys energy agenda, barely two years after the country decommissioned its last three operating nuclear power plants in April 2023 at the direction of then-chancellor Angela Merkel. The post Groups Collaborate on Projects for Fusion Energy in Germany appeared first on POWER Magazine.
Worldwide, governments and private companies are attempting to improve passenger transport in response to growing populations and the need to cut carbon emissions. For several countries, train travel is the best mode of transport for moving people quickly and sustainably from A to B. The development of electric metro systems has helped cities around the globe provide low-emissions urban commuter transport and reduce the number of cars on the roads, while high-speed, long-distance routes have hel
As electric vehicles (EVs) surge in popularity, many American homeowners are discovering a hidden obstacle to the EV transition: the aging electrical infrastructure of the nation’s housing stock. While The post How PG&E Is Supporting EV Growth Without Expensive Grid and Home Upgrades appeared first on POWER Magazine.
The European Union reduced its combined pipeline gas and LNG imports by 18% between 2021 and 2024, as consumption slumped by 20%, a gas flow tracking tool of the Institute for Energy Economics and Financial Analysis (IEEFA) showed on Wednesday. For a large part of these four years to 2024, Europe had to contend with record-high natural gas prices in the aftermath of the Russian invasion of Ukraine in early 2022.
Massive growth in data center construction, and the jaw-dropping amount of power each center requires, bodes well for the natural gas industry in general and the Marcellus/Utica in particular. In the past, electric power would have been provided via the nations power grid. But regional transmission organizations, which coordinate, control, and monitor a multi-state piece.
US Secretary of State Marco Rubio warned on April 29 that unless Russia and Ukraine put forward specific plans for ending the war in Ukraine, the United States will curtail its efforts to mediate. State Department spokeswoman Tammy Bruce cited Rubio as saying that the time had been reached at which "concrete proposals need to be delivered by the two parties on how to end this conflict.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Investors are encouraged to register for EnerCom Denver The Energy Investment Conference featuring a broad group of public and private energy companies at www.enercomdenver.com A robust list of companies has confirmed their participation, and more are being added daily Sponsorship opportunities are available for companies seeking to
April 30, 2025 Energy Outlook Advisors' Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. EOA’s Main Takeaway Although inventory changes followed historical trends, the recent decline in gasoline inventories was larger and steeper than usual and the decline in crude inventories surprised traders.
If energy secretary Ed Miliband still believes that critics of his dash to Net Zero are peddlers of nonsense and lies he has a new name to add to his list of dangerous misinformation merchants: Tony Blair. I do appreciate that some people believe that his name belongs on exactly that kind of list, but Ill leave that to one side and focus instead on the latest contribution of his eponymous institute, which has released a new report called The Climate Paradox.
Speaking of gas turbines and our current inability to produce them quickly enough, we came across a somewhat related story from Reuters. The reporters from Reuters are sounding the alarm that U.S. LNG export facilities may soon have to compete for natural gas supplies with power plants needed to power AI data centers. The result.
In January, MDN reported that the PJM Interconnection electrical grid operator, covering Pennsylvania (along with all or parts of 12 other states and the District of Columbia), had caved to the political demands of PA Gov. Josh Shapiro to artificially cap the prices of the next capacity auction scheduled for July 2025 (see PJM Grid.
CALGARY, Alberta (April 30, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released a report analyzing connections between data center developers and landowners. The report evaluates the capacity potential of data center buildouts across the Lower 48, highlighting developer efficiency, targeted regions and capacity estimates based on owned acreage.
Oil fell as data, gossip and inventories proved negative. Zephyr announce that the well has nearly finished testing and Corcel are on the move at KON-16 in Angola. The post Oil price, Zephyr, Corcel. And finally… appeared first on Malcy's Blog.
Equinor (NYSE: EQNR) reiterated on Wednesday it plans to return $9 billion to shareholders in dividends and buybacks this year despite a slight miss in its first-quarter earnings. The Norwegian energy giant reported today adjusted operating income after tax of $2.25 billion for the first quarter of 2025, down from $2.57 billion a year earlier and below the company-provided analyst consensus estimate of $2.38 billion.
Pemex no cumpli su promesa de pago total a proveedores en Ciudad del Carmen, generando despidos, cierre de empresas y una recesin econmica local. Javier Bello vila, presidente de la Contralora Ciudadana de Carmen, A.C., acus a Petrleos Mexicanos (Pemex) de incumplir su promesa de saldar la deuda con proveedores, lo que ha prolongado la crisis econmica en el municipio de Carmen, Campeche.
Petrobras booked a virtually flat crude oil production for the first quarter of the year, at 2.77 million barrels daily, down by 0.2% on the first quarter of 2024. It was up by 5.4% sequentially, however, the Brazilian state energy major reported. Production of crude specifically registered a decline of 1%, to 2.21 million barrels daily, Reuters reported, citing the companys first-quarter report.
El incumplimiento de pagos por parte de Pemex ha devastado la economa de Ciudad del Carmen, Campeche. La deuda millonaria con proveedores ha provocado despidos, cierres de negocios y una recesin local que exige atencin urgente del gobierno federal. Ciudad del Carmen, Campeche, alguna vez fue el emblema del auge petrolero mexicano. Con el proyecto Cantarell , esta ciudad costera se transform de una comunidad pesquera a una capital energtica nacional.
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