Posts Tagged ‘Energy’
Air Force partners with startup to tap virtually limitless energy power source
Finding a renewable solution that doesn’t rely on weather conditions could herald the end of harmful energy sources. The U.S. Air Force is set to take advantage of geothermal technology to power a base in Texas. Canadian startup Eavor is so bullish about its process, that the closed-loop system harnessing power from the Earth’s core can…
Read MoreMinnesota plans call on gas utilities to imagine their clean energy future
Critics say the plans are a step in the right direction but won’t put the state on track to achieve its clean energy goal of net-zero carbon emissions by mid-century. Climate and clean energy advocates weighing in on CenterPoint Energy’s ideas to decarbonize its natural gas business in Minnesota applaud the effort. Though, say it…
Read MoreTop 17 Energy Unicorns in 2024
The Energy industry is filled with a plethora of successful companies. These successful energy companies have raised millions of dollars in VC funding. With that funding coming from some of the top investors in the world. Many of these energy company successes have turned into energy unicorns — and private companies worth over $1 billion.…
Read MoreCrude oil dips on faltering China economy, while U.S. crude stock builds
(Reuters) – Oil prices fell, pressured by low economic activity in leading crude importer China and a surprise build in U.S. crude oil inventories as producers ramped up output following frigid weather earlier in January. The latest sign of the broader Chinese economy struggling to regain momentum came days after a court ordered the liquidation…
Read MoreElectric vehicles are a ‘huge manufacturing and jobs win’ for America reports Energy Secretary
A conversation about electric vehicles (EVs) with US Energy Secretary Jennifer Granholm Energy Secretary Jennifer Granholm, a two-term governor of Michigan and longtime EV owner, recently sat down with ABC News to address the many concerns and anxieties surrounding electric vehicles (EVs). She offered a clear message for Americans still deciding whether to buy or…
Read MoreProposed merger of New Mexico, Connecticut energy companies ends; deal valued at more than $4.3B
Officials with New Mexico’s largest electric utility said Tuesday that a proposed multibillion-dollar merger with a U.S. subsidiary of global energy giant Iberdrola has been scuttled. Under the proposal, Connecticut-based Avangrid would have acquired PNM Resources and its two utilities. The two utility companies are Public Service Co. of New Mexico and Texas New Mexico Power. The…
Read MoreKentucky’s Massive Solar Project ‘Unbridled’ Challenges Traditional Energy Stronghold
One of the United States states that has been most resistant to transitioning to clean energy is taking a major step in the right direction. Kentucky is getting by far its largest-ever solar project, which is expected to go live in 2024, according to the news platform Recharge. The project, called Unbridled, is being developed…
Read MoreRussia’s Pipeline Gas Exports to Europe Plunge by 56% in 2023
Gazprom’s pipeline natural gas exports to Europe slumped by 55.6% in 2023, after Russia cut off supplies to several EU countries and Nord Stream was blown up in the Baltic Sea at the end of 2022. Russia’s daily gas volumes via pipeline to Europe plummeted to 77.6 million cubic meters in 2023 from 174.8 million…
Read MoreGrantchester Growth Announces New Advisory Board Member
Jim Ruggiero Joins Grantchester Growth’s Advisory Board SAN DIEGO, Calif—November 7, 2023— Grantchester Growth an investment platform and financial services company specializing in launching diverse emerging fund managers in specialty funds, announced that James J. Ruggiero, Jr. Esq. has joined Grantchester Growth’s Advisory Board. “Grantchester Growth proudly welcomes James J. Ruggiero, Jr. Esq. as a Senior…
Read MoreGlobal coal demand set to remain at record levels in 2023 – Greater clean energy policy efforts and investments needed
“Coal is the largest single source of carbon emissions from the energy sector …..” said IEA Director of Energy Markets and Security Keisuke Sadamori. “We need greater policy efforts and investments – backed by stronger international cooperation – to drive a massive surge in clean energy and energy efficiency to reduce coal demand in economies…
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