Winds Of Change Blew Through Offshore Wind, And Denmark
Dec 6, 2024 · Analysts said that the failure of Denmark to receive any bids for an offshore wind energy tender this week is due to a rigid auction system, a failure adapt to a changing economic reality and increased competition.
Xcel Energy Announces $45 Billion Investment Plan And
Oct 31, 2024 · Xcel Energy announced a higher third-quarter profit Thursday. This was due to a greater demand for electricity among industrial and commercial customers, as well as lower cost.
Palm Oil Prices Continue To Fall Amid Uncertainty About
Dec 19, 2024 · Malaysian palm futures fell on Thursday for the fifth consecutive session as market uncertainty over Indonesian biofuel policies and U.S. policy weighed on it. At midday, the benchmark contract for palm oil delivery in March on the Bursa Derivatives exchange fell 44 ringgit or 0.97% to 4,485 Ringgit ...
Biden team offers nuclear pathway to hydrogen tax credit
4 days ago · Biden's administration announced on Friday that portions of nuclear power plant will be eligible for tax credits in order to produce clean hydrogen, if these credits prevent the reactors from being retired. The new rules deal with one of the most controversial issues in the Inflation Reduction Act ...
World Energy News
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Winter Storms In The US Could Lead To Power Outages And
4 days ago · According to energy analysts, the next few weeks could see massive power outages across the U.S. and a spike in natural gas demand. As a result of the "freeze offs" of oil and gas pipes and wells, the demand for gas is expected to increase. According to the U.S. Energy Information Administration ...
Biden Administration Offers Nuclear Industry A Path To
4 days ago · The Biden administration announced on Friday that nuclear power plants would be eligible for lucrative tax credits if they produce what it calls "clean hydrogen" and if these credits prevent the reactors from being retired. The new rules resolve one of the most controversial issues surrounding the ...
Sources Say That The US Will Issue A Hydrogen Credit
Dec 31, 2024 · Two sources with knowledge of the situation say that the U.S. Treasury Department will release guidance this week on how to obtain tax credits under the 2022 inflation reduction act for the production of hydrogen. Sources said that the long-awaited guidance would provide a way for hydrogen produced ...
Year Ender: Big Oil Retreats From Renewables As Climate
Dec 27, 2024 · In 2024, major European energy companies increased their focus on oil and natural gas to maximize profits in the short-term. They also slowed down and sometimes reversed climate commitments. This is a trend that will likely continue in 2025. Oil majors have retreated after governments worldwide ...
Henry Hub Natgas Price Drops To A 25-Year Low, While
Nov 11, 2024 · According to LSEG's pricing data, U.S. natural gas spot prices fell to a new 25-year low in Louisiana at the Henry Hub benchmark and entered negative territory at the Waha hub for the 47th consecutive time.