Trusted Insighthttp://thetrustedinsight.com/2024-03-27T10:31:21.051852-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Australia’s Fossil Fuel Revenue To Tumble As Export Prices Ease
2024-03-27T10:31:21.051852-04:00https://www.thetrustedinsight.com/investment-news/australias-fossil-fuel-revenue-to-tumble-as-export-prices-ease-TMEp6c7pFdMAUPiQsfcytn-20240327684/
Australia’s gas and coal exporters are headed for a multibillion-dollar hit to their revenue over the next five years, new forecasts suggest.
Australia’s Fossil Fuel Revenue To Tumble As Export Prices Ease
2024-03-27T09:31:15.371469-04:00https://www.thetrustedinsight.com/investment-news/australias-fossil-fuel-revenue-to-tumble-as-export-prices-ease-20240327680/
Australia’s gas and coal exporters are headed for a multibillion-dollar hit to their revenue over the next five years, new forecasts suggest.
Baltimore Bridge Collapse: Coal Exports Likely To Be Blocked For Weeks | World News
2024-03-26T23:31:07.005057-04:00https://www.thetrustedinsight.com/investment-news/baltimore-bridge-collapse-coal-exports-likely-to-be-blocked-for-weeks-world-news-20240326664/
Ernie Thrasher added that the coal that moves out of Baltimore includes a lot of India-bound thermal coal, which is used for electricity generation.
Octopus Energy Offers Sector Its Uber Moment
2024-03-24T11:31:06.934408-04:00https://www.thetrustedinsight.com/investment-news/octopus-energy-offers-sector-its-uber-moment-wQsNHzsDXD4S7m2YyjdDQk-20240324572/
Octopus Energy wants to give the global electricity market its Uber moment as renewable energy erodes the traditional relationships between power companies, their customers and the grid.
Octopus Energy Offers Sector Its Uber Moment
2024-03-24T09:31:29.273876-04:00https://www.thetrustedinsight.com/investment-news/octopus-energy-offers-sector-its-uber-moment-20240324571/
Octopus Energy wants to give the global electricity market its Uber moment, as renewable energy erodes the traditional relationships between power companies, their customers and the grid.
Aces: Yes, Clean Energy Investing Has A Bright Future
2024-03-21T07:31:06.243342-04:00https://www.thetrustedinsight.com/investment-news/aces-yes-clean-energy-investing-has-a-bright-future-20240321477/
In 1979, Jimmy Carter installed 32 solar panels on the presidential mansion, stating, "A generation from now, this solar heater can either be a curiosity, a museum piece, an example of a road not taken, or it can be a small part of one of the greatest and most exciting adventures ever undertaken by the American people." While his actions to disrupt the energy market seemed promising, President Reagan quickly removed the panels once he took office. The debate over the role and potential of the clean energy sector has continued for a half-century since that time.
Queensland Power Bills To Rise If Proposal Goes Ahead - Abc News
2024-03-19T08:31:27.678579-04:00https://www.thetrustedinsight.com/investment-news/queensland-power-bills-to-rise-if-proposal-goes-ahead-abc-news-20240319377/
The Queensland government has promised to use coal royalties to absorb a rise in energy prices if a proposal by the Australian Energy Regulator goes ahead.
Banded Iron Formations: Oceans, Algae And Iron Oxide
2024-03-18T15:31:05.897590-04:00https://www.thetrustedinsight.com/investment-news/banded-iron-formations-oceans-algae-and-iron-oxide-20240318341/
Iron ore is a big deal in Australia. :
This article has been reviewed according to Science X's
editorial process
and policies. Editors have highlighted
the following attributes while ensuring the content's credibility:
We are the world's largest iron ore exporter. Iron ore brings in $133 billion annually (2021–2022) and provides 43,000 Australians mining jobs. Iron ore is rock rich in iron oxides (Fe2O3) and includes minerals such as hematite and magnetite. Most of the world's iron ore is found in rocks called banded iron formations or BIFs. BIFs occur on all continents, and in all states of Australia.
Largest U.s. Grid Could See 58 Gw Of Power Generation Shut By 2030, Report Warns
2024-03-16T22:31:06.701801-04:00https://www.thetrustedinsight.com/investment-news/largest-us-grid-could-see-58-gw-of-power-generation-shut-by-2030-report-warns-20240316298/
The largest U.S. power grid, PJM Interconnection, could lose as much as 58K MW of mostly fossil fuel power generating capacity by the end of this decade, potentially driving up prices for consumers, according to a report published this week by PJM's Independent Market Monitor. More than 33K MW of power are at risk of retirement due to a $49.06/MWh decline in prices in the region's capacity market in 2023 - the largest annual price drop since the creation of PJM markets in 1999 - as both coal and natural gas prices were lower in 2023 compared to 2022.
Us Doe Offers $425mm For Small Clean Energy Firms In Coal Communities
2024-03-12T18:31:06.893439-04:00https://www.thetrustedinsight.com/investment-news/us-doe-offers-425mm-for-small-clean-energy-firms-in-coal-communities-20240312164/
The DOE earmarked $425 million in funding to aid energy transition in current and former coal communities by supporting small and medium clean energy companies.
Midwest Energy Emissions Wins $114M In Us Coal Patent Trial
2024-03-01T22:31:06.578484-05:00https://www.thetrustedinsight.com/investment-news/midwest-energy-emissions-wins-114m-in-us-coal-patent-trial-20240301797/
A jury in Delaware federal court said on Friday that Midwest Energy Emissions Corp (ME2C), which specializes in reducing mercury emissions from coal-fired power plants, was entitled to more than $114 million from a group of coal refiners that it accused of infringing two patents.
Utility-scale Pv Cheapest Power Source In Asia Pacific, Says Woodmac – Pv Magazine International
2024-02-29T14:01:20.304858-05:00https://www.thetrustedinsight.com/investment-news/utility-scale-pv-cheapest-power-source-in-asia-pacific-says-woodmac-pv-magazine-international-20240229744/
Wood Mackenzie says the levelized cost of electricity (LCOE) in the Asia-Pacific region hit an all-time low in 2023, as utility-scale PV beat coal to become the cheapest power source. It predicts a further drop in costs for new-build solar projects, driven by falling module prices and oversupply from China.
United States Natural Gas Fund: The Time To Buy Is Now (nysearca:ung)
2024-02-27T06:06:08.353888-05:00https://www.thetrustedinsight.com/investment-news/united-states-natural-gas-fund-the-time-to-buy-is-now-nysearcaung-20240227627/
Generally, it is a very poor idea to own the United States Natural Gas Fund (NYSEARCA:UNG), which holds front month natural gas futures, as an investment. Normally, natural gas prices are in contango, not backwardation, meaning the front month futures contract is lower priced than the next month further out, and so forth. Thus, most of the time the United States Natural Gas Fund has to roll their contracts from month-to-month, and natural gas futures are in contango, then the United States Natural Gas Fund (UNG) is absorbing a loss from the negative roll yield.
No Projects In The Pipeline For $43B Illawarra Renewable Energy Zone - Abc News
2024-02-26T18:31:09.570271-05:00https://www.thetrustedinsight.com/investment-news/no-projects-in-the-pipeline-for-43b-illawarra-renewable-energy-zone-abc-news-20240226614/
The Illawarra Renewable Energy Zone attracted $43 billion worth of potential projects that were forecast to create more than 8,000 jobs, but a year after it was declared not a single project is in the pipeline.
Jsw Steel To Borrow $750M To Double Its Steel Output: Report
2024-02-21T11:31:06.784862-05:00https://www.thetrustedinsight.com/investment-news/jsw-steel-to-borrow-750m-to-double-its-steel-output-report-20240221460/
Earlier this week it was reported that JSW Steel is in talks to buy a 20 per cent stake in a coal mine owned by Australian firm Whitehaven Coal at a valuation of up to $1 billion for the stake.
Jsw Steel Sounds Out Banks For $750M Loan
2024-02-21T09:31:06.474662-05:00https://www.thetrustedinsight.com/investment-news/jsw-steel-sounds-out-banks-for-750m-loan-20240221454/
The Mumbai-based firm’s need for cash has been growing as it aims to almost double its steel output to 50 million tons by the end of the decade to meet rising demand from construction, energy and autos.
Indonesia's New Green Investment Rulebook Includes Coal Power Plants - Cna
2024-02-20T07:01:27.575800-05:00https://www.thetrustedinsight.com/investment-news/indonesias-new-green-investment-rulebook-includes-coal-power-plants-cna-20240220416/
FILE PHOTO: Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Suralaya, Banten province, Indonesia, July 11, 2020. REUTERS/Willy Kurniawan/File Photo JAKARTA : Indonesia on Tuesday launched a revised "taxonomy" or green investment rulebook categorising coal-fired power plants used in nickel facilities as part of the global transition to a green economy, in a move likely to face opposition from green groups.
Jsw Steel In Talks With Australia's Whitehaven For Coal Mine Stake | Company News
2024-02-20T06:02:35.335047-05:00https://www.thetrustedinsight.com/investment-news/jsw-steel-in-talks-with-australias-whitehaven-for-coal-mine-stake-company-news-20240220406/
The miner acquired the Blackwater and Daunia mines from BHP Group in a $4.1 billion deal last October, and expects the acquisition to complete in early April.
Jsw Steel In Talks To Buy Australian Coal Mine For Up To $1 Bn Valuation | Company News
2024-02-19T06:01:16.252741-05:00https://www.thetrustedinsight.com/investment-news/jsw-steel-in-talks-to-buy-australian-coal-mine-for-up-to-1-bn-valuation-company-news-20240219370/
JSW Steel plans to increase its capacity to 50 million tonnes per annum by 2030.:
JSW Steel plans to increase its capacity to 50 million tonnes per annum by 2030, using acquisitions to secure raw material for its target. The company is scouting for high-quality coal mines in Australia and other places in the world | File image.
Us 'pause' On Future Liquefied Gas Exports Throws Doubt On Fossil Fuel's Place In Energy Transition
2024-02-12T15:01:06.610753-05:00https://www.thetrustedinsight.com/investment-news/us-pause-on-future-liquefied-gas-exports-throws-doubt-on-fossil-fuels-place-in-energy-transition-20240212146/
Since the first cargo of American liquefied natural gas (LNG) left a terminal on the Gulf of Mexico bound for Brazil in February 2016, US exports of the fuel have boomed. In 2023 the US was both the world's largest producer of natural gas and its largest exporter of LNG, with exports that year totaling 86 million tons.
India's Clean Energy Boom Slows As New Solar Projects Get Delayed. Experts Say It Can Pick Back Up
2024-02-07T20:01:10.326732-05:00https://www.thetrustedinsight.com/investment-news/indias-clean-energy-boom-slows-as-new-solar-projects-get-delayed-experts-say-it-can-pick-back-up-20240207995/
For years, renewable projects in India have been growing steadily — from small-town rooftop solar installations to large-scale projects across the desert and long stretches of wind turbines and solar panels on farmland all helping the country transitio...
Iron Ore And Coal Miners Riding High On China’s Economic Stimulus
2024-02-02T06:06:08.296244-05:00https://www.thetrustedinsight.com/investment-news/iron-ore-and-coal-miners-riding-high-on-chinas-economic-stimulus-20240202817/
The price of steel in Asia is at risk of a steep increase thanks to unexpected strength in the price of iron ore price and coking coal.
China’s Clean Energy Boom ‘an Example To The Entire World’, Iea Analyst Says | South China Morning Post
2024-01-27T06:01:05.933232-05:00https://www.thetrustedinsight.com/investment-news/chinas-clean-energy-boom-an-example-to-the-entire-world-iea-analyst-says-south-china-morning-post-20240127630/
Renewable capacity is expanding at an unprecedented pace, with China’s solar PV installations last year equal to the world’s total in 2022, according to report.
Rio Tinto To Buy All Electricity From European Energy's Planned Solar Project Near Gladstone - Abc News
2024-01-24T06:06:28.743977-05:00https://www.thetrustedinsight.com/investment-news/rio-tinto-to-buy-all-electricity-from-european-energys-planned-solar-project-near-gladstone-abc-news-20240124523/
If the Upper Calliope Solar Farm in central Queensland is approved, mining giant Rio Tinto will use the electricity generated to power its operations in Gladstone. But some locals want more detail about the project.
Column-australia Cleans Up At Home, But Exported Emissions Keep Growing: Maguire | Nasdaq
2024-01-19T06:06:08.734104-05:00https://www.thetrustedinsight.com/investment-news/column-australia-cleans-up-at-home-but-exported-emissions-keep-growing-maguire-nasdaq-20240119378/
Australia's power sector drove total emissions from electricity generation to the lowest annual total this century in 2023, thanks to steep cuts to fossil fuel use and big jumps in clean energy generation, data from think tank Ember shows.
Europe Power-spot Prices Ease On Expected Surge In German Wind Generation | Nasdaq
2024-01-18T08:01:26.835494-05:00https://www.thetrustedinsight.com/investment-news/europe-power-spot-prices-ease-on-expected-surge-in-german-wind-generation-nasdaq-20240118340/
European prompt power prices fell on Thursday on higher German wind power supply forecasts and mixed usage patterns in Germany and France.
China's Record Crude, Coal, Iron Ore Imports Don't Tell The Whole Story : Russell - 2024-01-15 | Marketscreener
2024-01-15T08:31:06.672644-05:00https://www.thetrustedinsight.com/investment-news/chinas-record-crude-coal-iron-ore-imports-dont-tell-the-whole-story-russell-2024-01-15-marketscreener-20240115206/
(marketscreener.com) Repeats column
published earlier with no changes
China's imports of crude oil, coal and iron ore all soared
to record highs in 2023, but this seemingly strong performance
by the world's top commodity buyer comes with a few caveats. Crude oil imports rose 11% in 2023 from the prior year to
11.28 million...https://www.marketscreener.com/news/latest/China-s-record-crude-coal-iron-ore-imports-don-t-tell-the-whole-story-Russell--45740786/?utm_medium=RSS&utm_content=20240115.
Column-china's Record Crude, Coal, Iron Ore Imports Don't Tell The Whole Story: Russell | Nasdaq
2024-01-15T06:01:24.255335-05:00https://www.thetrustedinsight.com/investment-news/column-chinas-record-crude-coal-iron-ore-imports-dont-tell-the-whole-story-russell-nasdaq-20240115197/
China's imports of crude oil, coal and iron ore all soared to record highs in 2023, but this seemingly strong performance by the world's top commodity buyer comes with a few caveats.
Pv And Prices – The Fast Uptake Of Solar In Australia – Pv Magazine International
2024-01-15T06:01:20.676956-05:00https://www.thetrustedinsight.com/investment-news/pv-and-prices-the-fast-uptake-of-solar-in-australia-pv-magazine-international-20240115196/
Australia currently has about 40% renewable electricity, mostly solar and wind. This is not causing wholesale spot prices to change, nor destabilizing the grid. On current policy settings, the country will reach 82% renewable electricity in 2030.
Centre To Hold Roadshow In Ranchi To Woo Investors For Coal Mine Auction
2024-01-12T14:31:11.452616-05:00https://www.thetrustedinsight.com/investment-news/centre-to-hold-roadshow-in-ranchi-to-woo-investors-for-coal-mine-auction-20240112152/
The coal ministry will organise a roadshow in Ranchi to increase participation of investors in the commercial coal mine auction. Coal Secretary Shri Amrit Lal Meena will be the chief guest for the event while additional secretary M Nagaraju will be the guest of honour, the coal ministry said in a statement. "To enhance participation in commercial auction of coal mines, the Ministry of Coal is organising a roadshow at Ranchi on January 16," it said. The government launched the process for sale of 39 coal mines under eight rounds of commercial auctions and 31 under the ninth.
Eia Forecasts Records For Us Production - January 14, 2024
2024-01-12T06:07:22.328502-05:00https://www.thetrustedinsight.com/investment-news/eia-forecasts-records-for-us-production-january-14-2024-20240112130/
Both U.S. crude oil and natural gas production are forecast to set records this year and next, the U.S. Energy Information Administration said Jan. 9 in its January Short-Term Energy Outlook. The agency said that despite slower growth, U.S. crude production is expected to average 13.21 million barr...
Strong Gains For Cocoa, Iron Ore In 2023 As Energy Prices Dip - Cna
2023-12-29T06:03:32.708604-05:00https://www.thetrustedinsight.com/investment-news/strong-gains-for-cocoa-iron-ore-in-2023-as-energy-prices-dip-cna-20231229689/
FILE PHOTO: Farmers break cocoa beans at a farm in Sinfra, Ivory Coast April 29, 2023. REUTERS/Luc Gnago/File Photo SINGAPORE : Cocoa and iron ore prices surged in 2023, while natural gas and coal prices tumbled, with most agricultural products expected to outperform energy and industrial metals in the New Year amid supply constraints and dry weather.
Strong Gains For Cocoa, Iron Ore In 2023 As Energy Prices Dip
2023-12-29T06:02:32.528517-05:00https://www.thetrustedinsight.com/investment-news/strong-gains-for-cocoa-iron-ore-in-2023-as-energy-prices-dip-20231229688/
Cocoa and iron ore prices surged in 2023, while natural gas and coal prices tumbled, with most agricultural products expected to outperform energy and industrial metals in the New Year amid supply constraints and dry weather.
Why Do Natural Gas Investments So Often Fail? | News | Eco-business | Asia Pacific
2023-12-27T20:31:06.472226-05:00https://www.thetrustedinsight.com/investment-news/why-do-natural-gas-investments-so-often-fail-news-eco-business-asia-pacific-20231227653/
Natural gas is not a clean bridging fuel to renewables, and plenty of failed investments attest to the many risks that come with gas projects.
Power Giant Agl (asx:agl) To Build Mega Battery Project At Former Liddell Coal-fired Power Station
2023-12-19T06:06:48.878409-05:00https://www.thetrustedinsight.com/investment-news/power-giant-agl-asxagl-to-build-mega-battery-project-at-former-liddell-coal-fired-power-station-xxhTbohLUJ5Erzdwnud65X-20231219384/
The Liddell power station in NSW’s Upper Hunter will soon be home to a large grid-scale battery. :
We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Power giant AGL Energy will construct a large grid-scale battery on the site of the former Liddell coal-fired power station as a slew of other renewable and storage projects gain backing from the NSW government.
Power Giant Agl (asx:agl) To Build Mega Battery Project At Former Liddell Coal-fired Power Station
2023-12-19T06:01:20.644441-05:00https://www.thetrustedinsight.com/investment-news/power-giant-agl-asxagl-to-build-mega-battery-project-at-former-liddell-coal-fired-power-station-20231219377/
The Liddle power station in NSW’s Upper Hunter will soon be home to a large grid-scale battery. :
We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Power giant AGL Energy will construct a large grid-scale battery on the site of the former Liddell coal-fired power station as a slew of other renewable and storage projects gain backing from the NSW government.
Czech Power Firm Acquires Gas Transportation Infrastructure
2023-12-15T06:07:28.876365-05:00https://www.thetrustedinsight.com/investment-news/czech-power-firm-acquires-gas-transportation-infrastructure-20231215257/
State-owned Czech Transmission System Operator has completed the acquisition of NET4GAS Holdings. :
State-owned Czech Transmission System Operator (ČEPS) has completed the acquisition of NET4GAS Holdings, s.r.o, which holds the exclusive license for natural gas transportation in the Czech Republic, granted by the government’s Energy Regulatory Office. NET4GAS, s.r.o., a subsidiary of NET4GAS Holdings, operates around 2,485.5 miles (4,000 kilometers) of gas pipelines, three border transfer stations, five compression stations, and a hundred transfer stations at the interface with national gas distribution.
Electricity Prices Will Not Exceed Inflation, Hong Kong Environment Chief Says, Reveals Talks Underway To Produce Nuclear Energy In Mainland China | South China Morning Post
2023-12-09T06:01:34.487977-05:00https://www.thetrustedinsight.com/investment-news/electricity-prices-will-not-exceed-inflation-hong-kong-environment-chief-says-reveals-talks-underway-to-produce-nuclear-energy-in-mainland-china-south-china-morning-post-20231209997/
Minister for Environment and Ecology Tse Chin-wan also reveals authorities are exploring the possibility of building a nuclear plant across the border to supply the city with energy by 2035.
Nippon Steel To Hunt For More Coking Coal, Iron Ore Assets-executive - Cna
2023-11-29T14:01:10.429390-05:00https://www.thetrustedinsight.com/investment-news/nippon-steel-to-hunt-for-more-coking-coal-iron-ore-assets-executive-cna-20231129568/
TOKYO : Nippon Steel, the world's No.4 steelmaker, will keep on hunting for stakes in coking coal and iron ore mines to ensure a stable supply of essential raw materials and mitigate the potential impact of price volatility, its executive said. A Glencore-led consortium, including Nippon Steel, sealed one of the mining sector's biggest deals in years this month, agreeing to buy Canadian miner Teck Resources' steelmaking coal unit for $9 billion. The Japanese company will pay around $1.34 billion for a 20 per cent stake.
Greenpeace Accuses Chinese Oil And Gas Firms Like Petrochina And Cnooc Of ‘greenwashing’ Lng Purchases | South China Morning Post
2023-11-27T06:01:44.814130-05:00https://www.thetrustedinsight.com/investment-news/greenpeace-accuses-chinese-oil-and-gas-firms-like-petrochina-and-cnooc-of-greenwashing-lng-purchases-south-china-morning-post-20231127436/
Big oil and gas companies in China and elsewhere are using low-quality carbon offsets to ‘greenwash’ their imports of natural gas while failing to make strong emissions cutting commitments, Greenpeace says.
Biden Is Gaslighting Us About Natural Gas Exports
2023-11-24T08:32:07.108440-05:00https://www.thetrustedinsight.com/investment-news/biden-is-gaslighting-us-about-natural-gas-exports-20231124395/
Time for President Biden to say NO to methane gas exports. :
Imagine you woke up one morning to find out that the government approved the construction of a giant “natural” gas processing facility in your backyard. Though your community already suffers from elevated levels of asthma, respiratory disease and cancer from polluting industry, no one asked you or your neighbors whether you wanted yet another source of air pollution. Now imagine that the federal government told you that your new polluting neighbor was a solution to climate change and the escalating extreme weather disasters that routinely devastate your community.
Wind And Solar Energy Are Booming In Surprising Places
2023-11-15T18:01:06.071247-05:00https://www.thetrustedinsight.com/investment-news/wind-and-solar-energy-are-booming-in-surprising-places-20231115046/
Funneling clean energy cash toward areas that have relied economically on coal, oil, and gas has been a top Biden administration priority.
Duke Energy Corporation (holdin (duk) Stock Forecasts
2023-11-15T15:31:17.486720-05:00https://www.thetrustedinsight.com/investment-news/duke-energy-corporation-holdin-duk-stock-forecasts-j5MmTyjrjn7qjmitZcUSSc-20231115040/
Duke Energy, the largest electric power holding company in the U.S., has a market cap of approximately $69 billion and total assets of more than $176 billion. After the sale of its renewables business, it has become a fully regulated utility company. It serves approximately 8.2 million electric customers in six states in the Southeast and Midwest and 1.6 million natural gas customers. Duke also has the largest regulated nuclear fleet in the U.S., with six nuclear generators in North and South Carolina. Regulated electric currently accounts for about 96% of total revenue. Consolidated generating capacity is about 50,000 megawatts.
Expert Warns Green Energy Projects ‘are Not Worth It’ As Prices Spiral ‘out Of Control’
2023-11-14T14:31:06.821368-05:00https://www.thetrustedinsight.com/investment-news/expert-warns-green-energy-projects-are-not-worth-it-as-prices-spiral-out-of-control-20231114994/
Renewable energy companies are realizing their projects are "just not feasible" amid plummeting stock valuation and inflationary costs, says Tracy Shuchart.
China's Carbon Emissions To Drop Next Year On Clean Energy Boom
2023-11-13T10:01:06.025037-05:00https://www.thetrustedinsight.com/investment-news/chinas-carbon-emissions-to-drop-next-year-on-clean-energy-boom-20231113936/
A surge in clean power generation will reduce carbon emissions in China next year and could put the world's biggest polluter on a path to sustained declines, according to a new report.
Electricity Prices Australia: How Your Electricity Bill Gets Worked Out
2023-11-09T14:01:18.882634-05:00https://www.thetrustedinsight.com/investment-news/electricity-prices-australia-how-your-electricity-bill-gets-worked-out-20231109847/
Many of us got a (bill) shock in July when prices spiked. Why aren’t renewables making our bills cheaper? What’s behind the cost of our power?
The $2 Million Coal Mine That Might Hold A $37B Treasure
2023-11-09T07:02:07.335658-05:00https://www.thetrustedinsight.com/investment-news/the-2-million-coal-mine-that-might-hold-a-37b-treasure-20231109829/
A discovery outside Sheridan, Wyo., could be America’s first new source of rare-earth elements since 1952.:
https://www.wsj.com/business/energy-oil/the-2-million-coal-mine-that-might-hold-a-37-billion-treasure-181dbdcf Twelve years ago, former Wall Street banker Randall Atkins bought an old coal mine outside Sheridan, Wyo., sight unseen, for about $2 million. He thought the mine might eke out a profit. Instead, Atkins recently learned it could bring a windfall.
Green Energy Could Save 181 Million Years Of Healthy Human Life
2023-11-08T20:01:06.659531-05:00https://www.thetrustedinsight.com/investment-news/green-energy-could-save-181-million-years-of-healthy-human-life-20231108811/
Switching from fossil fuels to renewable energy wouldn't just help climate change, it could save lives and keep people healthier, a new report shows.
The Dividend Investor's Natural Gas Export Playbook - Part 4 (nyse:clco) | Seeking Alpha
2023-11-03T09:31:06.912578-04:00https://www.thetrustedinsight.com/investment-news/the-dividend-investors-natural-gas-export-playbook-part-4-nyseclco-seeking-alpha-20231103558/
Over the next 5 years, a multitude of natural gas export terminals are scheduled to commence operations. This will expand exported US volumes of liquified natural gas (LNG) from roughly 14 BCF/d to over 26.5 BCF/day by 2030. This growth in US markets will occur in tandem with similar projects in Qatar and Australia. Regardless of the source country, all of these molecules need to hit the open waters. Part 4 of this series will be centered on companies that operate LNG vessels.
Plan To Hike Electric Bills 29% Sparks Fury In Wyoming
2023-10-29T15:31:06.597746-04:00https://www.thetrustedinsight.com/investment-news/plan-to-hike-electric-bills-29-sparks-fury-in-wyoming-upNnasmch72cUFFhskNK9C-20231029315/
For years, people in Wyoming have been accustomed to paying some of the lowest electricity prices in the U.S., despite harsh winters and a rugged landscape. Now a 29% hike proposed by the state’s largest utility has residents and local leaders up in arms. Many in Wyoming, which leads the nation in coal production, are aiming their fury at renewable power.
Plan To Hike Electric Bills 29% Sparks Fury In Wyoming
2023-10-29T12:01:06.861451-04:00https://www.thetrustedinsight.com/investment-news/plan-to-hike-electric-bills-29-sparks-fury-in-wyoming-20231029309/
The proposed increase has turned into a fight over renewable power in the coal-rich state and led to talks of a government takeover.
Column-thailand's Lng Boom Risks Slowing Se Asia Energy Transition: Maguire | Nasdaq
2023-10-25T07:01:07.099545-04:00https://www.thetrustedinsight.com/investment-news/column-thailands-lng-boom-risks-slowing-se-asia-energy-transition-maguire-nasdaq-20231025153/
Thailand has jumped from eleventh to eighth in the world ranking for imports of liquefied natural gas (LNG), after purchases through October soared 25% from the same period in 2022.
Fossil-fuel Demand Likely To Peak Before 2030 As Renewable Uptake Rises, Iea Says
2023-10-24T07:06:32.386750-04:00https://www.thetrustedinsight.com/investment-news/fossil-fuel-demand-likely-to-peak-before-2030-as-renewable-uptake-rises-iea-says-20231024100/
The Paris-based group of some of the world's biggest energy users said demand for coal, oil and natural gas should all peak this decade.
Cnooc Says Finds Large Coal Seam Gas Field In North China -october 22, 2023 At 11:36 Pm Edt | Marketscreener
2023-10-23T07:03:06.852356-04:00https://www.thetrustedinsight.com/investment-news/cnooc-says-finds-large-coal-seam-gas-field-in-north-china-october-22-2023-at-1136-pm-edt-marketscreener-20231023039/
(marketscreener.com) China's CNOOC
announced on Monday the discovery of a large deep-reservoir
coalbed methane field in the north of the country with proven
geological reserves of over 100 billion cubic meters of
gas. It is the second sizeable gas discovery onshore for the
offshore oil and gas producer. The discovery well, SM2-33-CH1, part...https://www.marketscreener.com/quote/stock/CNOOC-LIMITED-1412718/news/CNOOC-says-finds-large-coal-seam-gas-field-in-north-China-45121155/?utm_medium=RSS&utm_content=20231022.
Cnooc Says Finds Large Coal Seam Gas Field In North China
2023-10-23T07:01:06.265103-04:00https://www.thetrustedinsight.com/investment-news/cnooc-says-finds-large-coal-seam-gas-field-in-north-china-20231023037/
China's CNOOC announced on Monday the discovery of a large deep-reservoir coalbed methane field in the north of the country with proven geological reserves of over 100 billion cubic meters (bcm) of gas.
Bhp To Sell Queensland Coking Coal Mines To Whitehaven For $4.1bn
2023-10-18T09:31:06.974031-04:00https://www.thetrustedinsight.com/investment-news/bhp-to-sell-queensland-coking-coal-mines-to-whitehaven-for-41bn-20231018857/
BHP is to sell its Blackwater and Daunia coking coal mines, which are held in the BHP Mitsubishi Alliance (BMA) metallurgical coal joint venture in Queensland, for $4.1bn to Whitehaven Coal, Reuters reported on Wednesday. The sale decision furthers BHP’s push to exit its coal operations in Queensland, after the world’s largest-listed miner sold out […]
The post BHP to sell Queensland coking coal mines to Whitehaven for $4.1bn appeared first on Miningmx.
Israel-hamas Conflict Directly Impacts Oil And Gas Prices | Rigzone
2023-10-11T08:31:06.350570-04:00https://www.thetrustedinsight.com/investment-news/israel-hamas-conflict-directly-impacts-oil-and-gas-prices-rigzone-20231011577/
'Oil and natural gas prices have spiked amid fears of disruptions to supply of Middle Eastern oil and gas'. :
The Israel-Hamas conflict has directly impacted oil and gas prices, gas operations in Israel and Egypt, and port operations in Israeli ports. That’s what Dryad Global Analyst Noah Trowbridge told Rigzone late Tuesday, adding that oil and natural gas prices have spiked amid fears of disruptions to supply of Middle Eastern oil and gas. “Brent crude futures, the international benchmark, has risen four percent to $88 per barrel,” Trowbridge highlighted.
Tourmaline Oil : 2022 Sustainability Report -october 10, 2023 At 05:23 Pm Edt | Marketscreener
2023-10-10T19:01:18.369802-04:00https://www.thetrustedinsight.com/investment-news/tourmaline-oil-2022-sustainability-report-october-10-2023-at-0523-pm-edt-marketscreener-20231010540/
Global energy demand continues to grow every year - and more than ever, people want energy they can be proud to use. worldwide demand for natural gas, we believe Canadian gas will play a much larger role in the years ahead." Canadians and international citizens are looking for reliable, affordable, low-emission energy sources they can be proud to use. Our natural gas is the solution. Canada produces amongst the lowest-emission natural gas in the world, and our industry is reducing those emissions at a rapid pace.
Coal Industry Faces 1 Million Job Losses From Global Energy Transition - Research | Nasdaq
2023-10-09T22:31:06.528552-04:00https://www.thetrustedinsight.com/investment-news/coal-industry-faces-1-million-job-losses-from-global-energy-transition-research-nasdaq-20231009484/
The global coal industry may have to shed nearly 1 million jobs by 2050, even without any further pledges to phase out fossil fuels, with China and India facing the biggest losses, research showed on Tuesday.
$12T In Oil Investment Needed To Prevent Energy Price Spike
2023-10-02T15:31:06.461859-04:00https://www.thetrustedinsight.com/investment-news/12t-in-oil-investment-needed-to-prevent-energy-price-spike-20231002169/
"By underinvesting, we are actually endangering energy security," Haitham Al-Ghais told CNN on Monday. :
If the global economy wants to avoid spiking energy prices, oil industry investments need to substantially pick up, OPEC Secretary-General Haitham Al-Ghais told CNN. Through 2045, the industry will require at least $12 trillion in investments to avoid potentially costlier crude, he said. "By underinvesting, we are actually endangering energy security," he said on Monday, speaking on the sidelines of the ADIPEC energy conference. "I think there are serious possibilities that prices, the volatility, will be increasing as demand grows."
Coking Coal Rates Pushing Up Steel Prices In India: Jsp Md Bimlendra Jha
2023-09-28T07:06:09.234487-04:00https://www.thetrustedinsight.com/investment-news/coking-coal-rates-pushing-up-steel-prices-in-india-jsp-md-bimlendra-jha-20230928009/
Steel prices in India are registering an upward trend due to "rapidly" increasing rates of key input material coking coal, industry executive Bimlendra Jha said. Coking coal and iron ore are the two main raw materials used to manufacture steel. While iron ore is available in substantial quantity in India, steel players are bound to meet 90 per cent of their coking coal requirement through imports from countries like Australia and South Africa.
Colombia's Ecopetrol, Gran Tierra Energy Extend Production Contract For 20 Years
2023-09-20T12:31:06.619956-04:00https://www.thetrustedinsight.com/investment-news/colombias-ecopetrol-gran-tierra-energy-extend-production-contract-for-20-years-20230920655/
Colombia's majority state-owned energy company Ecopetrol and Canadian oil producer Gran Tierra Energy have agreed to extend a joint production contract for 20 years, Ecopetrol said on Wednesday.
Commonwealth Lng Signs Another Deal For Supply With Eqt
2023-09-20T08:01:32.665622-04:00https://www.thetrustedinsight.com/investment-news/commonwealth-lng-signs-another-deal-for-supply-with-eqt-20230920628/
The deal would see EQT supply Commonwealth's LNG facility in Louisiana. :
Commonwealth LNG has entered into a heads of agreement (HOA) with EQT Corp. for one million tons per annum (mtpa) of liquefied natural gas (LNG) under a 15-year tolling agreement, and associated gas supply to Commonwealth LNG's facility in Cameron, Louisiana. Commonwealth expects a final investment decision for the project in the first quarter of 2024, with the first cargo deliveries expected in 2027. The final terms remain subject to negotiation for a definitive agreement between EQT and Commonwealth, the two companies said in separate news releases Monday.
Tata Steel Signs 500 Million Pound-deal With Uk Govt For Port Talbot Steel Plant; 3,000 Jobs Potentially At Risk | Mint
2023-09-15T09:31:12.072287-04:00https://www.thetrustedinsight.com/investment-news/tata-steel-signs-500-million-pound-deal-with-uk-govt-for-port-talbot-steel-plant-3000-jobs-potentially-at-risk-mint-20230915428/
Port Talbot steelworks is the UK's single biggest carbon emitter, and the government has been looking to help British Steel and Tata Steel to replace dirty blast furnaces.
Tata Steel: Port Talbot Steelworks Given £500M By Uk Government - Bbc News
2023-09-15T09:01:29.499043-04:00https://www.thetrustedinsight.com/investment-news/tata-steel-port-talbot-steelworks-given-500m-by-uk-government-bbc-news-20230915423/
The deal with Port Talbot's steelworks could mean as many as 3,000 job losses across the UK. :
Port Talbot's steelworks will be given up to £500m by the UK government in a bid to keep the plant open and produce steel in a greener way. Tata steel will add £700m of its own as it invests in cutting emissions. It has asked ministers to provide a bigger chunk of the cost. The steelworks features two blast furnaces working around the clock to produce steel used in everything from tin cans to submarines.
Steel Union Doesn't Back Electric Arc Furnaces To Decarbonise Port Talbot Steelworks
2023-09-13T12:31:06.626999-04:00https://www.thetrustedinsight.com/investment-news/steel-union-doesnt-back-electric-arc-furnaces-to-decarbonise-port-talbot-steelworks-20230913328/
A funding deal to deacarobnise the huge plant between its owner Tata and the UK Government could be signed off in days.
Coal India To Invest Rs 24,750 Crore In 61 Eco-friendly Projects
2023-09-12T12:01:54.048621-04:00https://www.thetrustedinsight.com/investment-news/coal-india-to-invest-rs-24750-crore-in-61-eco-friendly-projects-20230912279/
CIL in 2021 had planned 35 FMC projects with a capacity of 414.5 MTPA. Out of these, currently 8 FMC projects of 112 MTPA capacity are already operational.
China's Enn Natural Gas To Sell Coal Miner For $915M To Focus On Main Business -today At 09:58 Am| Marketscreener
2023-09-12T10:31:26.212495-04:00https://www.thetrustedinsight.com/investment-news/chinas-enn-natural-gas-to-sell-coal-miner-for-915m-to-focus-on-main-business-today-at-0958-am-marketscreener-20230912272/
(marketscreener.com) ENN Natural Gas said on Tuesday it will sell its entire stake in its coal mining unit Xinneng Mining Industry for 6.67 billion yuan in a move to enhance the Chinese company's focus on natural gas and optimize its asset structure.https://www.marketscreener.com/quote/index/S-P-GSCI-NATURAL-GAS-INDE-46869167/news/China-s-ENN-Natural-Gas-to-sell-coal-miner-for-915-million-to-focus-on-main-business-44824577/?utm_medium=RSS&utm_content=20230912.
Buoyant Lng Industry Bets It's In The Energy Mix For Decades: Russell -today At 02:58 Am| Marketscreener
2023-09-07T07:16:08.124408-04:00https://www.thetrustedinsight.com/investment-news/buoyant-lng-industry-bets-its-in-the-energy-mix-for-decades-russell-today-at-0258-am-marketscreener-20230907117/
(marketscreener.com) The liquefied natural gas
industry has changed its tune from saying it is a
transition fuel on the path to net-zero emissions, to believing
it is an integral part of the solution and will be necessary for
decades to come. This optimism over LNG's future was very much in evidence at
Gastech, the industry's largest global gathering,...https://www.marketscreener.com/quote/index/S-P-GSCI-NATURAL-GAS-INDE-46869167/news/Buoyant-LNG-industry-bets-it-s-in-the-energy-mix-for-decades-Russell-44791102/?utm_medium=RSS&utm_content=20230907.
Canadian Oil, Gas Firms Cut Emissions By 24 Percent In Past Decade: Capp
2023-09-01T07:31:17.158882-04:00https://www.thetrustedinsight.com/investment-news/canadian-oil-gas-firms-cut-emissions-by-24-percent-in-past-decade-capp-20230901929/
Canadian conventional natural gas and oil producers lowered their emissions while growing total output by 21 percent in the past decade, according to the CAPP.
Australia Backs 248 Gw Pipeline To Counter Reliability Challenges – Pv Magazine International
2023-08-31T07:01:18.170435-04:00https://www.thetrustedinsight.com/investment-news/australia-backs-248-gw-pipeline-to-counter-reliability-challenges-pv-magazine-international-20230831889/
The Australian Energy Market Operator (AEMO) says that 248 GW of proposed generation projects, storage installations, transmission developments, and government energy programs have the potential to address many of the risks in its latest market forecast – if they are delivered to schedule.
National Energy Grid Facing Summer Pressures As Market Operator Calls For "urgent Investment" In Generation - Abc News
2023-08-30T16:01:06.915895-04:00https://www.thetrustedinsight.com/investment-news/national-energy-grid-facing-summer-pressures-as-market-operator-calls-for-urgent-investment-in-generation-abc-news-20230830879/
Much of the national power grid is facing substantial reliability problems over the next decade, and as soon as this summer, without rapid investment in both electricity generation and transmission.
Malaysia To Power Green Energy Projects With Us$430 Million Fund In ‘decade Of Action’ | South China Morning Post
2023-08-29T09:01:29.976098-04:00https://www.thetrustedinsight.com/investment-news/malaysia-to-power-green-energy-projects-with-us430-million-fund-in-decade-of-action-south-china-morning-post-20230829811/
But the amount is a blip compared to the US$260 billion that PM Anwar Ibrahim said Malaysia needs to invest by 2050 for its energy transition master plan.
Nv Energy Gets Approval To Recover $32M From Ratepayers | Las Vegas Review
2023-08-28T22:01:06.451361-04:00https://www.thetrustedinsight.com/investment-news/nv-energy-gets-approval-to-recover-32m-from-ratepayers-las-vegas-review-20230828790/
The Public Utilities Commission’s approval allows NV Energy to continue its controversial method of recovering some disaster mitigation costs. :
The Public Utilities Commission’s approval allows NV Energy to continue its controversial method of recovering some disaster mitigation costs. The Public Utilities Commission approved hundreds of millions in spending for NV Energy’s natural disaster prevention and continued to allow a controversial cost recovery method that has Southern Nevadans paying for Northern Nevada expenses.
Nv Energy Applies For $1.8B For Ending Coal, Adding Solar And Transmission | Las Vegas Review
2023-08-25T11:31:20.679888-04:00https://www.thetrustedinsight.com/investment-news/nv-energy-applies-for-18b-for-ending-coal-adding-solar-and-transmission-las-vegas-review-20230825687/
NV Energy submitted its fifth amendment to its Integrated Resource Plan that seeks approval to spend over $1.8 billion for infrastructure projects.
Coal Mining Concession Tied To Geo Energy’s Us$154 Million Acquisition Valued At Us$1 Billion
2023-08-24T10:01:06.543582-04:00https://www.thetrustedinsight.com/investment-news/coal-mining-concession-tied-to-geo-energys-us154-million-acquisition-valued-at-us1-billion-20230824619/
AN INDEPENDENT valuation report has given Indonesian coal producer Geo Energy Resources certainty that its recent US$154.1 million acquisition of 58.7 per cent of the issued shares of Indonesia-listed coal miner Golden Eagle Energy is value accretive.
What Harm Could One Coal Mine Do? 1.7 Million Hiroshima Bombs Of Heat For Starters, Says Physicist
2023-08-21T16:01:06.564984-04:00https://www.thetrustedinsight.com/investment-news/what-harm-could-one-coal-mine-do-17-million-hiroshima-bombs-of-heat-for-starters-says-physicist-20230821468/
This year, the Australian government rejected Clive Palmer's coal mine proposal—but approved three others. Over 100 more fossil fuel projects are in the decision pipeline.
Coal Ministry To Invest ₹26,000 Cr In Railway Projects To Boost Multimodal Connectivity
2023-08-14T10:01:06.493802-04:00https://www.thetrustedinsight.com/investment-news/coal-ministry-to-invest-26000-cr-in-railway-projects-to-boost-multimodal-connectivity-20230814157/
This strategic step is aimed at optimizing coal transportation and streamlining the loading process. :
New Delhi: The coal ministry has announced plans to infuse ₹26,000 crore into a series of expansive railway projects to establish comprehensive multimodal connectivity. Aligned with the strategic framework of the national coal logistic plan, these endeavors underscore the integration of first-mile connectivity (FMC) through strategically positioned railway sidings adjacent to coal mines. This strategic step is aimed at optimizing coal transportation and streamlining the loading process.
Agl Results, Sinks To $1.3B Loss
2023-08-09T19:31:10.158897-04:00https://www.thetrustedinsight.com/investment-news/agl-results-sinks-to-13b-loss-20230809032/
The power giant has swung to a heavy loss after a chaotic 12 months for the east-coast energy market. :
We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Power giant AGL has sunk to a $1.26 billion full-year loss after a chaotic 12 months for the east-coast energy market, but is flagging a sharp lift in earnings as electricity prices rise and reliability improves across its coal-fired power stations.
Rishi Sunak’s Bold North Sea Energy Stand For Britain Won’t Be An Easy Sell
2023-07-31T16:31:06.727999-04:00https://www.thetrustedinsight.com/investment-news/rishi-sunaks-bold-north-sea-energy-stand-for-britain-wont-be-an-easy-sell-20230731620/
At last, Britain is moving towards an energy policy that’s workable. :
1965: The North Sea oil drilling rig Sea Gem with its flaming gas beacon. (Photo by ... [+] Express/Express/Getty Images) The country’s Prime Minister Rishi Sunak says he wants to see more drilling in the oil and gas-rich North Sea. The idea is to boost British energy independence and comes more than a year after Russia’s invasion of Ukraine which shone a spotlight on Britain’s lack of domestic supply.
Bhp Expects Indian Steel Industry's Boom To Boost Its Coal Business
2023-07-31T07:06:18.009658-04:00https://www.thetrustedinsight.com/investment-news/bhp-expects-indian-steel-industrys-boom-to-boost-its-coal-business-20230731582/
Around 40% of BHP's metallurgical coal, used by steel mills and known as coking coal, is now heading to India, chief commercial officer Vandita Pant told FT.
Hoa Phat : Electricity Generation Output Reaches Nearly 1 Billion Kwh
2023-07-28T07:06:20.190842-04:00https://www.thetrustedinsight.com/investment-news/hoa-phat-electricity-generation-output-reaches-nearly-1-billion-kwh-20230728487/
(marketscreener.com)
In the first 6 months of 2023, the total electricity generation output of thermal power plants of Hoa Phat Steel Integrated Complex in Dung Quat and Hai Duong reached nearly 1 billion kWh, making Hoa Phat Group to be self-sufficient about 70 per cent of electricity demand for steel production. Chart of power generation...https://www.marketscreener.com/quote/stock/HOA-PHAT-GROUP-6500025/news/Hoa-Phat-electricity-generation-output-reaches-nearly-1-billion-kWh-44446865/?utm_medium=RSS&utm_content=20230727.
Annual Wholesale Electricity Prices Fall By 59 Per Cent As Households Face Surging Power Bills - Abc News
2023-07-27T07:06:33.750076-04:00https://www.thetrustedinsight.com/investment-news/annual-wholesale-electricity-prices-fall-by-59-per-cent-as-households-face-surging-power-bills-abc-news-20230727425/
New figures from the Australian Energy Market Operator show wholesale power prices have fallen by nearly 60 per cent in the past year, while households brace for an increase of at least 20 per cent to their power bill.
Biden’s Department Of Energy Will Loan Out Billions For Energy Infrastructure Reinvestment
2023-07-26T11:31:16.691296-04:00https://www.thetrustedinsight.com/investment-news/bidens-department-of-energy-will-loan-out-billions-for-energy-infrastructure-reinvestment-20230726386/
Twenty-eight-year-old New Jersey coal-fired power plant Logan Generating Station was demolished last year in pursuit of cleaner electricity. | Hannah Beier/Bloomberg via Getty Images
There’s hidden climate potential in overlooked fossil fuel infrastructure. The International Energy Agency expects the world to invest about a billion dollars a day into solar in 2023, marking the first time the renewable has surpassed global investment in oil production. It’s astonishing growth for an industry that was in its infancy just a decade ago.
‘lower Input Cost To Offset Impact Of Low Steel Prices’
2023-07-24T17:01:06.558309-04:00https://www.thetrustedinsight.com/investment-news/lower-input-cost-to-offset-impact-of-low-steel-prices-20230724302/
The favourable price environment is leading to increased confidence in the global steel industry, said Jayant Acharya, JMD and CEO of JSW steel.
Nevada’s Last Coal Power Plant May Cost $1.8B To Replace | Las Vegas Review
2023-07-20T07:06:51.678170-04:00https://www.thetrustedinsight.com/investment-news/nevadas-last-coal-power-plant-may-cost-18b-to-replace-las-vegas-review-20230720143/
The state’s largest public utility has announced details on how it will handle the closure of its coal power in Northern Nevada and when it will happen.
Liddell Power Station Closure Contributed To Higher Energy Prices, Regulator Says - Abc News
2023-07-19T23:31:19.996648-04:00https://www.thetrustedinsight.com/investment-news/liddell-power-station-closure-contributed-to-higher-energy-prices-regulator-says-abc-news-20230719131/
The closure of the Liddell coal-fired power station in the NSW Hunter Valley in April has helped drive up energy costs, a new report shows.
European Electricity Prices Turn Negative Amid Glut Of Green Energy
2023-07-18T18:01:17.410443-04:00https://www.thetrustedinsight.com/investment-news/european-electricity-prices-turn-negative-amid-glut-of-green-energy-20230718076/
A field of wind turbines producing energy from the wind.Mariana Castelo Branco
Electricity prices in Europe fell into negative territory over the weekend. That's as the region's green-energy push resulted in an abundance of supply. In the Netherlands, prices for Sunday afternoon were as low as minus 73.76 euros per megawatt hour.
Energy Transition To Become A $23 Trn Market By 2030: Us Energy Secretary
2023-07-18T12:31:16.952098-04:00https://www.thetrustedinsight.com/investment-news/energy-transition-to-become-a-23-trn-market-by-2030-us-energy-secretary-20230718062/
The global energy transition -- the shift from fossil-based fuels such as oil and coal to renewable sources like wind and solar -- is estimated to become a USD 23-trillion market by 2030, US Energy Secretary Jennifer Granholm said on Tuesday as American companies seek closer ties with Indian firms to tap this opportunity. Speaking at the ministerial meeting of the US-India Strategic Clean Energy Partnership (SCEP) here, she said the US will have to add 2,000 gigawatts of clean energy to its electric grid by 2035 to meet the goal of using 100 per cent electricity from clean sources.
South Eastern Coalfields Plans Rs 1,218 Cr Investment For Solar Projects
2023-07-11T13:01:06.750349-04:00https://www.thetrustedinsight.com/investment-news/south-eastern-coalfields-plans-rs-1218-cr-investment-for-solar-projects-20230711852/
As part of its net zero commitments, Chhattisgarh-based mining company SECL has lined up an investment of Rs 1,218 crore spread up to financial year 2025-26 for setting up solar projects. South Eastern Coalfields Ltd (SECL), with 67 blocks, is among the top three coal producing subsidiaries of Coal India Ltd (CIL), under the Ministry of Coal. In FY23, CIL's output was 703.21 MT, out of which SECL's contribution was 167 MT. "SECL aims to become a net-zero energy company.
Queensland Clean Energy Set To Boom With New Support For Landholders Negotiating With Renewable Companies - Abc News
2023-07-05T19:01:06.708920-04:00https://www.thetrustedinsight.com/investment-news/queensland-clean-energy-set-to-boom-with-new-support-for-landholders-negotiating-with-renewable-companies-abc-news-20230705674/
Over the next decade, renewable projects in Queensland are set to generate enough new energy to power about 6.6 million homes. But what does this mean for the communities that will host this infrastructure?
Punjab Govt To Buy Private Thermal Power Plant, Says Cm Bhagwant Mann
2023-07-01T11:01:09.359862-04:00https://www.thetrustedinsight.com/investment-news/punjab-govt-to-buy-private-thermal-power-plant-says-cm-bhagwant-mann-20230701557/
Punjab Chief Minister Bhagwant Mann on Saturday said the state government will buy a private thermal power plant in the state. The details will be shared soon, Mann added. The chief minister shared the information about the purchase of a coal-fired thermal power plant on his Twitter handle. "Sharing good news with PunjabisPunjab government is buying a private thermal plant in Punjab...details soon," Mann said in a roughly translated tweet in Punjabi.
Global Ambition For Renewable Energy Drives Critical Minerals Boom, But New Mines Years Away - Abc News
2023-06-28T21:01:06.420818-04:00https://www.thetrustedinsight.com/investment-news/global-ambition-for-renewable-energy-drives-critical-minerals-boom-but-new-mines-years-away-abc-news-20230628454/
Australia is on the cusp of another mining boom in critical metals to feed the world’s insatiable appetite for technology and renewable energy, with Queensland looking to position itself as a world leader in exports.
Global Coal Power Market Report 2023: New Plant Construction Drives Growth
2023-06-28T13:01:07.366211-04:00https://www.thetrustedinsight.com/investment-news/global-coal-power-market-report-2023-new-plant-construction-drives-growth-20230628426/
DUBLIN, June 28, 2023 /PRNewswire/ -- The "Global Coal Power Growth Opportunities" report has been added to ResearchAndMarkets.com's offering. There is growing pressure on the global power sector to decarbonize, which in turn puts pressure on new investment in coal-fired power generation....
The Green Movement And Energy Prices: The Theory Of “effective Pain”
2023-06-24T07:01:16.658516-04:00https://www.thetrustedinsight.com/investment-news/the-green-movement-and-energy-prices-the-theory-of-effective-pain-20230624257/
Governments and policymakers keep drumming it into our ears that fossil fuels are bad and will lead to the "end of days". They are wrong.
The Green Cult And Energy Prices: The Theory Of “effective Pain”
2023-06-23T07:01:45.883458-04:00https://www.thetrustedinsight.com/investment-news/the-green-cult-and-energy-prices-the-theory-of-effective-pain-20230623216/
Governments and policymakers keep drumming it into our ears that fossil fuels are bad and will lead to the "end of days". They are false prophets.
Us Wind And Solar Generated More Electricity Than Coal So Far This Year
2023-06-22T11:31:16.855201-04:00https://www.thetrustedinsight.com/investment-news/us-wind-and-solar-generated-more-electricity-than-coal-so-far-this-year-20230622187/
In a first, the two renewables dethroned "king coal" for the first five months of 2023.:
Our expert, award-winning staff selects the products we cover and rigorously researches and tests our top picks. If you buy through our links, we may get a commission. Reviews ethics statement Solar and wind power have set a record, generating more electricity in the US than coal for the first five months of 2023.
In Us, Wind, Solar Generate More Electricity So Far This Year Than Coal Has
2023-06-21T20:01:06.696439-04:00https://www.thetrustedinsight.com/investment-news/in-us-wind-solar-generate-more-electricity-so-far-this-year-than-coal-has-20230621159/
In a first, the two renewables dethroned "king coal" for the first five months of 2023.:
For the first five months of 2023, solar and wind power generated more electricity in the US than coal did, setting a record for the renewable energy sources. Official data from the US Energy Information Administration indicates that wind and solar energy out-produced coal in January, February and March, CBS News reported, while preliminary figures show the same trend for April and May. All told, wind and solar generated a combined 252 terawatt-hours from January through May, compared with coal's output of 249 TWh.
Energy Prices: Australian Energy Market Operator Says Power Grid Shift From Coal At Risk
2023-06-19T12:01:05.819262-04:00https://www.thetrustedinsight.com/investment-news/energy-prices-australian-energy-market-operator-says-power-grid-shift-from-coal-at-risk-20230619046/
The Australian Energy Market Operator’s boss is worried that declining investment in clean energy projects is slowing down the rollout of infrastructure needed to replace coal-fired generators.
Energy Saving To Return To Prevent Winter Blackouts - Bbc News
2023-06-15T08:01:06.464107-04:00https://www.thetrustedinsight.com/investment-news/energy-saving-to-return-to-prevent-winter-blackouts-bbc-news-20230615933/
National Grid says that the Russia-Ukraine war poses a risk to future energy supplies. :
Discount offers for households to use less electricity at peak times will return this winter as part of plans to minimise the risk of power cuts. National Grid ESO said it expected to have sufficient capacity to meet demand but added it would be "prudent" to maintain the energy-saving scheme. The network operator said the Ukraine war posed "risks and uncertainties" to gas supplies across Europe and the UK.