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Biden-Harris Admin to Invest $7.3B in Rural Clean Energy Projects Across 23 States

Biden-Harris Admin to Invest $7.3B in Rural Clean Energy Projects Across 23 States

On a visit to Wisconsin Thursday, President Joe Biden announced $7.3 billion in financing for 16 rural clean energy projects to be directed by rural electric cooperatives through the Empowering Rural America (New ERA) program. The combination of New ERA and other Inflation Reduction Act-funded rural green energy projects comprise the biggest rural electrification investment […]

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    ‘Electricity Superhighway’ Between Scotland and England to Move Forward

    ‘Electricity Superhighway’ Between Scotland and England to Move Forward

    Ofgem, the United Kingdom’s energy regulator, has approved a multi-billion-dollar low-carbon “electricity superhighway” to carry green power 300 miles from wind farms in northeast Scotland to northern England. The Eastern Green Link is the longest undersea power cable in Great Britain and will be able to transmit enough renewable power for two million residences in […]

    Global Oil Demand to Peak Next Year, BP Predicts

    Global Oil Demand to Peak Next Year, BP Predicts

    Oil and gas company BP’s Energy Outlook: 2024 Edition has predicted that peak global oil demand will occur next year, putting a stop to increasing carbon emissions as solar and wind continue to expand. The report focused on two main forecast scenarios — Current Trajectory and Net Zero — and predicted that oil consumption will […]

    Solar and Wind Projects Under Construction in China Have 2x the Capacity of the Rest of the World’s Renewable Energy Projects Combined: Report

    Solar and Wind Projects Under Construction in China Have 2x the Capacity of the Rest of the World’s Renewable Energy Projects Combined: Report

    Renewable energy projects are rapidly expanding in China, so much so that the country has double the amount of renewable capacity under construction compared to all other countries combined, a new analysis from the non-governmental organization Global Energy Monitor has revealed. According to the analysis, China currently has 180 gigawatts of utility-scale solar power and […]