Day: May 6, 2024

Spot LNG shipping rates steady, European prices rise

Energy News Beat Spot charter rates for the global liquefied natural gas (LNG) carrier fleet remained steady this week, while European prices rose compared to the previous week. Last week, charter rates dropped slightly compared to the week before. “Freight rates in the Atlantic and Pacific basins stayed steady this week, with the Spark30S Atlantic spot […]

Gladstone LNG exports climb in April on higher China volumes

Energy News Beat Liquefied natural gas (LNG) exports from the Gladstone port in Australia’s Queensland rose in April year-on-year due to higher volumes going to China, according to the monthly data by Gladstone Ports Corporation. Curtis Island is home to the Santos-operated GLNG plant, the ConocoPhillips-led APLNG terminal, and Shell’s QCLNG facility. These are the […]

Petrol and diesel prices rise again

Energy News Beat Fuel prices in the UK saw an increase in 2024, with petrol and diesel rising by 10p per litre since the start of the year, according to RAC Fuel Watch data. This equates to an extra £5.50 for a typical family car fill-up. Unleaded prices went up by 3p to 149.95p per […]

Surprise! The World’s biggest bankers are suddenly energy pragmatists

Energy News Beat JP Morgan, BlackRock drop out of climate banker cabal, and admit the Net Zero transition is “delayed” In February three of the four largest financial houses in the world, left the giant financial cabal called“Climate 100+” (the fourth one left a year ago). BlackRock, JP Morgan and State Street all parted ways with the billionaire-club […]

Germany Lied About The Nuclear Phaseout

Energy News Beat In 2018, everyone laughed at Donald Trump—German politicians actually laughed in his face—when he suggested that Germany would “become totally dependent on Russian energy if it does not immediately change course” at a UN conference. Just four years later, Russia rolled into Ukraine and the German government had to do something it had spent […]

Will making hydrogen ‘green’ depend on China?

Energy News Beat China’s dominance of supply chains for solar panels, electric vehicles and lithium-ion batteries is rippling through the U.S. energy sector and drawing political fire on Capitol Hill. Now, another industry may be added to the list of concerns: “green” hydrogen. China leads the world in producing the essential technology for green hydrogen […]

Trillions in taxpayer subsidies haven’t made wind and solar power cheaper or better for Americans

Energy News Beat Despite us constantly being told that solar and wind are now the cheapest forms of electricity, governments around the world needed to spend $1.8 trillion on the green transition last year. “Wind and solar are already significantly cheaper than coal and oil” is how President Biden conveniently justifies spending hundreds of billions of dollars […]

‘Wake effect’ could drain 38% of offshore wind power, study says

Energy News Beat The findings from national lab and university researchers upend assumptions about how turbines interact with each other. The post ‘Wake effect’ could drain 38% of offshore wind power, study says appeared first on E&E News by POLITICO. The post ‘Wake effect’ could drain 38% of offshore wind power, study says appeared first […]

House sets vote on energy efficiency, mining bills

Energy News Beat Republicans will try again to pass legislation on mining and against Department of Energy efficiency mandates. The post House sets vote on energy efficiency, mining bills appeared first on E&E News by POLITICO. The post House sets vote on energy efficiency, mining bills appeared first on Energy News Beat.  

National Grid’s Viking Link sets world record

Energy News Beat National Grid‘s Viking Link interconnector has been officially recognized by GUINNESS WORLD RECORDS as the longest land and subsea HVDC interconnector. Spanning 757 kilometres between rural Lincolnshire and Revsing in Denmark, the project received its title at the Lincolnshire converter station. Jointly owned and operated by National Grid and Energinet, the interconnector […]