The United States is set…
Over $8 billion in investments…
Wind energy holds enormous potential to generate carbon-free electricity around the world, and the energy industry finally seems to be catching on. Last year the United States broke…
Earlier this year, the Biden administration said it planned to build offshore wind power generation capacity to the tune of 30 GW by 2030, creating more than 44,000…
It is very hard to give up on one’s own resource bounty and Australia knows it only too well. Endowed with the world’s third-largest coal reserves coupled with…
The offshore wind industry’s global installed capacity is set to exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects, a Rystad Energy report shows. The combined…
Lately, the solar sector has been hogging the renewable energy limelight, and for good reason. Experts such as the International Energy Agency (IEA) have predicted that solar energy will…
The pandemic didn’t deter booming wind power capacity additions last year when global installations surged to record levels, driven by China and the United States. The phase-out of China’s onshore…
South Korea might be reputed for its state-of-the-art condensate splitters or for its massive LNG appetite that has propelled it to the ranks of the world’s third-largest importer, yet from…
The Covid-19 downturn has once again caused employment rates…
For decades, the Lone Star State has been essentially synonymous with fossil fuels. While shale oil and gas have long reigned supreme in Texas, coal has also long…
Offshore wind is booming, and as turbine and project sizes grow, demand for specialized installation vessels will soar. The market for vessels capable of installing large offshore wind…
The United States is on course to see record-breaking 23 gigawatts (GW) of wind turbine capacity additions this year, smashing the previous record from 2012 by nearly 10 GW, the…
The Covid-19 pandemic has wrought one of the most significant disruptions the energy market has ever faced. A decidedly gloomy long-term future outlook due to rampant…
Problems With Renewables The problems with renewable energy are, by now, common knowledge for most. From intermittency to storage limitations, high upfront costs and geographic restrictions, each of…
Good news is in short supply during any crisis, and this one has been no exception. The energy industry is being pummeled to the ground by low oil…
Longer blades, taller towers, more powerful turbines: wind energy seems to be past the peak of innovation now, improving incrementally rather than with breakthrough. And yet none other than an…
We already know that in order to meet the international greenhouse emissions standards set by the Paris climate agreement, we are going to have to do a lot more to…
In this year’s edition of his letter to Berkshire Hathaway shareholders, Warren Buffett had one more success story to share: the story of Berkshire Hathaway Energy, which this year…
Things have not been looking good for North Sea energy. In fact, last November, Oilprice went so far as to declare that “North Sea Oil Is Doomed With Or…
Italy’s “Wind King”, or the “Lord of the Wind” Vito Nicastri has been sentenced to nine years in prison for channeling profits from his wind power business to Cosa Nostra’s…
Europe has been at the forefront of the renewable drive aimed at reducing the rise in average global temperatures to less than 2 degrees Celsius by the end of this…