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By Dorothy Neufeld | Graphics/Design Joyce Ma Key Takeaways Oil, coal, and natural gas were the leading sources of global energy demand in 2024. While coal demand is set to drop the most by 2050, solar and wind demand is forecast to surge. Fossil fuels powered 80% of global energy demand in 2024, with this …
Charted: Global Energy Demand by Fuel Type (2024-2050P) – Visual Capitalist Read More »
Suspension affects Orsted, Avangrid, Dominion Energy, Equinor projects Pentagon raises concerns over radar interference from turbine blades, towers Trump campaigned for White House on promise to end offshore wind industry Dec 22 (Reuters) – The Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the U.S. East …
US Freezes Five Big Offshore Wind Projects, Shares Dive Read More »
By Emily Forgash and Mark Chediak US President Donald Trump hates wind power. His administration has made a concerted effort to thwart the industry. Trump issued a directive within hours of his return to the White House in January that froze new permitting for wind energy and ordered officials to consider terminating existing leases. But …
Can Trump Succeed in Foiling the US Wind Industry He Loathes? Read More »
Gavin Maguire (Reuters) – For the first time, Texas’ main power system looks set to generate more power from solar farms than coal plants during a calendar year in 2025, marking a key new energy transition milestone for the largest power network in the U.S. The Electric Reliability Council of Texas (ERCOT) generated 2.64 million …
Texas Makes Clean Power Breakthrough as Solar Output Overtakes Coal Read More »
By Mark Chediak and Ari Natter President Donald Trump’s executive order directing government agencies to halt approving new wind energy projects was ruled illegal by a federal judge. The ruling Monday sided with more than a dozen states and a New York clean energy group that had challenged the executive order that essentially froze US …
Trump Ban on Wind Energy Projects Ruled Illegal by US Judge Read More »
Dec 8 (Reuters) – NextEra Energy (NEE.N) on Monday raised its adjusted profit forecast for the current-year as well as 2026, as the utility benefits from a surge in power demand driven by data centers. This move comes amid increased power demand driven by data centers strains grids across the country and as a wave …
NextEra Energy Forecasts Higher Adjusted Profit Growth in 2026 Read More »
Clyde Russell Summary (Reuters) – The weak statement that omitted any mention of fossil fuels was probably the best outcome that could have been realistically expected of the COP30 climate summit. It was always going to be a tall order to put nearly 200 countries with massively different perspectives together and deliver a strong statement …
COMMENTARY: Limp COP30 Deal Matters Little in Renewables vs Fossil Battle Read More »
By Ron Bousso Investment in low-carbon energy to reach $2.2 trillion this year Global renewable power capacity is forecast to double by 2030 Trade tensions to nevertheless slow the energy transition LONDON, Nov 20 (Reuters) – Stalled climate negotiations at COP30 and stubbornly high fossil fuel demand reflect the growing market consensus that the energy …
COMMENTARY: Investors Risk Being Hoodwinked by Grim Energy Transition Vibes – Ron Bousso Read More »
As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago. The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters. The landmark UN COP21 climate agreement signed …
The Future of the Energy Transition Will be Fractured, Bumpy and Long: Bousso Read More »
(Reuters) – Global investments in renewable energy aren’t bearing fruit and the world should focus on securing reliable supplies of fossil fuels, U.S. energy and interior secretaries said this week as they worked on convincing Europe to buy more U.S. oil and gas. The U.S. has become Europe’s top oil and gas supplier on the …
US Urges Europe to Stick to Oil and Gas, Not Renewables Read More »
