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Empty shelves that usually stock bottled water at Sainsbury’s supermarket, Greenwich Peninsular, on September 19, 2021 in London, England. Chris J Ratcliffe | Getty Images LONDON — Britain has been plunged into uncertainty as issues over gasoline, electricity and food have prompted warnings of “a really difficult winter” for the country. A significant lack of
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Naftogaz CEO Yuriy Vitrenko. Anatolii Siryk | Ukrinform | Barcroft Media | Getty Images LONDON — The chief executive of Ukrainian state energy giant Naftogaz has accused Russia’s Gazprom of using natural gas as a geopolitical weapon, calling on the U.S. and Germany to take action against Moscow while it awaits regulatory approval for a
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By Simon Alvarez Posted on September 24, 2021 Tesla Gigafactory Berlin is quietly moving towards its start of operations. While the facility’s development has been largely overshadowed by the progress of projects such as Gigafactory Texas, the last official step for Giga Berlin’s final approval has begun through a virtual hearing by mail. The process
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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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China’s pledge to stop building new coal-fired power projects overseas could improve the reputation of its massive Belt and Road Initiative, said the president of the Asian Infrastructure Investment Bank. Chinese President Xi Jinping made the pledge on coal on Tuesday at the United Nations General Assembly. He said China will support other developing countries
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Brent crude futures settled at the highest level in almost three years as supplies shrink at a time when a global energy crunch makes it increasingly likely oil will be tapped for power generation. The global benchmark crude rose 1.4% on Thursday to close at the highest level since October 2018, while U.S. crude futures
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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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Oil advanced after U.S. crude inventories slid to the lowest since October 2018 amid a global energy crunch expected to increase demand.   Futures in New York rose 2.5% on Wednesday. Domestic crude stockpiles fell for a seventh straight week to about 414 million barrels, according to an Energy Information Administration report. Meanwhile, U.S. equities
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By Simon Alvarez Posted on September 22, 2021 Former Tesla Chief Technical Officer JB Straubel’s battery recycling startup, Redwood Materials, has secured a deal with veteran automaker Ford. The two companies are looking to utilize their new partnership to develop a robust and sustainable battery supply chain in the United States, a goal emphasized by
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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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