energy crisis

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    UK Energy Prices Will Stay High, Equinor Boss Says

    UK Energy Prices Will Stay High, Equinor Boss Says

    UK residents should not expect their gas and electric bills to return to pre-pandemic levels, the chief executive of one of Europe’s largest energy companies told the BBC in a widely reported interview.  Speaking ahead of the World Economic Forum, which began Monday in Davos, Equinor leader Anders Opedal said that both the energy crisis […]

    Deadly California Rains Overwhelm Power Grid With Mass Outages

    Deadly California Rains Overwhelm Power Grid With Mass Outages

    Two weeks of unrelenting rains in California have killed more people than have died directly from wildfires in the last two years — and the deluge is not over. At least 19 people have died across 10 counties. While officials expect that number to rise, it will also be incomplete. “Those living in our streets […]

    Gas and Coal Failures Widespread as Largest Grid Operator in U.S. Struggled to Manage ‘Winter Storm Elliott’

    Gas and Coal Failures Widespread as Largest Grid Operator in U.S. Struggled to Manage ‘Winter Storm Elliott’

    Massive failures of methane gas- and coal-fired power plants during “Winter Storm Elliott” left PJM — the country’s largest grid operator — more than 40 gigawatts short over the Christmas weekend, officials said during a public meeting Wednesday. Methane gas plant failures accounted for 70% of PJM’s total outages, with some plants giving little or […]

    Coalition of Big Tech and Auto Brands Aims to Set Virtual Power Plant Standards

    Coalition of Big Tech and Auto Brands Aims to Set Virtual Power Plant Standards

    Major brands in the tech and auto industries, including Google, Ford and General Motors, along with solar energy companies, like SunPower and Sunrun, have joined a coalition led by global energy transformation nonprofit Rocky Mountain Institute (RMI). The mission of this Virtual Power Plant Partnership (VP3)? To standardize and create policies for virtual power plants. […]

    Wind Power Breaks Records in Britain, but Gas Remains on Top

    Wind Power Breaks Records in Britain, but Gas Remains on Top

    A record amount of electricity in Great Britain was produced by wind farms in 2022, but most of its power still came from gas-fired plants, according to the National Grid. Wind farms provided 26.8 percent of Britain’s electricity last year, up from 21.8 percent in 2021, reported Reuters. The biggest offshore wind farm in the […]

    Exxon Sues Over EU Windfall Tax

    Exxon Sues Over EU Windfall Tax

    In September, 2022 the European Union (EU) decided that it would tax excess profits from fossil fuel companies in response to the energy crisis. One of those companies, however, is not taking kindly to the so-called “solidarity levy.” Exxonmobil announced on December 28 that it was suing the bloc over the windfall tax.