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News
Big Batteries to Bolster the Grid Are Stuck Waiting to Plug In
4+ hour, 35+ min ago (940+ words) (Bloomberg) -- Demand for batteries has skyrocketed as electricity use across the US swells, driven by data centers’ booming energy needs and increasing electrification. It’s also getting harder to get them connected to power grids. Falling prices have made batteries more…...
Hungary Sinks Barges to Lift Danube Near Its Nuclear Plant
1+ day, 1+ hour ago (400+ words) (Bloomberg) -- The Danube’s water level has begun rising near Hungary’s sole nuclear plant after authorities started sinking two barges to help keep the facility operating and avoid a costly full shutdown. The level at the Paks plant’s pumping station has…...
China’s 20,000-Mile Solar Trade Route That Battled US Tariffs
1+ day, 4+ hour ago (863+ words) (Bloomberg) -- To understand President Donald Trump’s latest move to protect US solar manufacturers, it helps to follow the trail of a 20,000-mile trade route running through Kenya and a tiny Indonesian island off the coast of Singapore. The route allowed…...
US Military Option for Cuba Fades as Trump Focuses on Sanctions
1+ day, 7+ hour ago (1214+ words) The Trump administration’s Cuba strategy is increasingly focused on ramping up sanctions and economic pressure rather than deploying military force to break the island’s Communist leadership, people familiar with the matter said. US attention is now centered on cutting off…...
XRG enters Venezuela with stake in major offshore gas licence
2+ day, 1+ hour ago (610+ words) XRG, ADNOC’s international energy investment company, has entered Venezuela’s energy sector after securing an interest in the offshore Loran gas licence, expanding its growing gas and LNG portfolio across Latin America and the Atlantic Basin. The company said on Thursday…...
Hungary Casts Doubt on Nuclear Plant Expansion After Danube Low Levels
2+ day, 2+ hour ago (338+ words) (Bloomberg) -- Hungarian Prime Minister Peter Magyar cast doubt on the Russian-led expansion of the country’s sole nuclear power plant after the record-low level of the Danube river almost led to a full shutdown of the existing reactors. The drought’s impact…...
Australian Homes Lead the World on Home-Battery Installation Thanks to Subsidies
2+ day, 4+ hour ago (496+ words) (Bloomberg) -- Half a million Australian homes, or about 4% of the total, have installed a residential battery under a government program that is transforming one of the world’s most volatile power markets. Energy Minister Chris Bowen announced the crossing of the…...
India Seeks More US LPG to Cut Mideast Reliance, Aid Trade Deal
2+ day, 7+ hour ago (482+ words) (Bloomberg) -- India’s state-owned refiners are in talks to secure more US liquefied petroleum gas under annual contracts for next year as the world’s biggest consumer of the cooking fuel seeks to diversify imports. The government has asked Indian Oil Corp.,…...
From megatrends to momentum: shaping the future of energy
2+ day, 7+ hour ago (310+ words) Electricity Generating Public Company Limited – EGCO Group The POWER4 framework: a blueprint for resilient growth Capitalising on global megatrends: the US and Asian expansion The rapid proliferation of AI and data centre infrastructure requires an energy partner with global scale and…...
AGL Jumps Most in Six Months on Strong Battery Performance
3+ day, 5+ hour ago (383+ words) (Bloomberg) -- AGL Energy Ltd. shares jumped the most in six months as Australia’s largest power producer’s batteries helped offset declining wholesale electricity prices. Shares in the Sydney-based company rose as much as 6.1%, the most since Feb. 11, paring this year’s decline....