Day: November 8, 2023

Switzerland To Keep Nuclear Plants Operating For Longer Than Planned

Energy News Beat Switzerland’s nuclear power plant operators plan to keep the facilities operational for longer than initially planned, spokespeople for the large Swiss utilities Axpo Holding and Alpiq Holding told Bloomberg on Tuesday. Switzerland has four nuclear reactors, which generate up to 40% of its electricity, according to the World Nuclear Association. The Swiss voted in a 2017 […]

Biden puts himself before LNG-related economic and national security needs

Energy News Beat Delaying export permits for liquefied natural gas , or LNG, from already constructed and permitted LNG facilities on the U.S. Gulf Coast, President Joe Biden is demonstrating that he is more interested in appeasing environmental zealots than he is in the national security and the economic well-being of the country. Basic economic theory says that free […]

Texas voters approve $10B energy fund, with most going to build gas-fired power plants

Energy News Beat By about a two-thirds margin, voters in the Lone Star State on Tuesday approved a constitutional amendment authorizing a new $10 billion Texas Energy Fund to provide low-interest loans to build gas-fired power plants, develop microgrids and modernize portions of the state’s electric grid. Supporters of the fund say new power generation […]

What green energy transition? Half of mining still exploring for gold

Energy News Beat New study shows a $1.1 billion drop in gold exploration budgets this year as juniors struggle to raise capital, but the precious metal still accounts for 46% of the total.  According to a new study by S&P Global Market Intelligence, overall mining exploration budgets fell this year for the first time since 2020, […]

Exclusive: Rep. Josh Brecheen Proposes to Scrap John Kerry’s Climate Job

Energy News Beat Rep. Josh Brecheen (R-OK) proposed a bill that would eliminate John Kerry’s position as the U.S. Special Presidential Envoy for Climate, Breitbart News has learned exclusively.Brecheen unveiled the Stop Climate Hysteria in Diplomacy Act, a bill aimed at combatting climate hysteria within the State Department. “President Biden has used the excuse that […]

The Latest Reports Suggest That Secret Talks Are Taking Place Between The US & Russia

Energy News Beat It’s premature to speculate about the details of their discussions, but the news items shared in this analysis indicate that they could concern the resumption of peace talks and possible pathways for getting there, including those that go around Zelensky or even get rid of him if he remains an obstacle. Russian-US […]

Germany to Force Landowners to Accept New Renewables Infrastructure

Energy News Beat (Bloomberg) — German landowners will no longer be able to refuse access if grid operators need to connect renewable infrastructure on their property. The measure — which has sparked criticism from farmers — is part of a series of new regulations agreed on by federal and state leaders on Tuesday. The aim […]

Bill Gates-Backed Metals Company Considering “Investing” In Mining In Congo

Energy News Beat Mr. Saving-Humanity-Singlehandedly-Myself Bill Gates is reportedly backing a mining startup that is getting close to “investing” in the Democratic Republic of Congo – which is, of course, a nice way to say, likely mining there. The company, KoBold Metals, already is developing a copper project in Zambia, Bloomberg reported this week. Chief executive […]

OPEC+ remains positive on global oil demand before evaluating production cuts

Energy News Beat World Oil (Bloomberg) – OPEC+ still has a positive outlook for growth in oil demand, despite the headwinds faced by the global economy, as it prepares for its next ministerial meeting. “The economy, despite the challenges, is still doing quite well,” OPEC Secretary-General Haitham Al-Ghais said at the Argus European Crude Conference in […]

Maine eyes time-of-use rates to encourage cheaper home electrification

Energy News Beat ​ Maine is considering new kinds of electric rates to encourage more widespread home adoption of electric vehicle chargers and heat pumps while easing the strain these technologies add to the power grid. Central Maine Power, the larger of the state’s two investor-owned utilities, is working with regulators and advocacy groups on […]