Environment

In our latest Short-Term Energy Outlook (STEO), we forecast that electricity generation from U.S. hydropower plants will be 14% lower in 2021 than it was in 2020. Extreme and exceptional drought conditions have been affecting much of the western United States, especially California and states in the Pacific Northwest, which are home to the majority of U.S.
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WASHINGTON, D.C. — Steep duties proposed by an anonymous group of petitioners would devastate thousands of U.S. solar companies and cause the industry to miss out on 18 gigawatts (GW) of solar deployment by 2023, according to the Solar Energy Industries Association (SEIA). The petitions now before the Department of Commerce would create 50–250% duties on
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U.S. Energy Secretary Jennifer Granholm speaks about the Colonial Pipeline cyberattack shut down during a press briefing at the White House in Washington, May 11, 2021. Kevin Lamarque | Reuters Climate change became a personal event for a third of Americans this summer, Secretary of the U.S. Department of Energy Jennifer Granholm said on Wednesday.
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DUBAI, United Arab Emirates — Soaring gas prices are the cost of the attempted shift to renewable energy sources, OPEC Secretary General Mohammed Barkindo told CNBC on Tuesday.  “I have talked about a new premium that is emerging in the energy markets that I term the transition premium,” Barkindo told CNBC’s Dan Murphy at the
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In this article 9503.T-JP RDSA-GB EQNR-NO Statkraft Norway’s Statkraft said Tuesday that a long-term purchasing agreement related to a floating offshore wind farm dubbed “the world’s largest” had started, in another step forward for the energy sector. The Kincardine Offshore Windfarm is a six turbine, 50 megawatt facility located in waters off the coast of
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Aman Sharma | Getty Images LONDON — Britain’s energy industry could be headed for a significant shakeup, industry insiders have warned, as countries all over Europe grapple with an unprecedented crisis in the power sector. Wholesale gas prices have spiked across the region, with the U.K. being hit particularly hard. The front-month gas price at the
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What a difference an administration makes! Almost 200 countries ratified the Paris climate accord at COP21 in 2015, agreeing to limit the planet’s temperature increase to well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5°C. Afterward, President Donald Trump withdrew from the Paris agreement. On
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