Category: Energy News Beat

In North Carolina, Duke Energy to offer rebates for rooftop solar paired with batteries

Energy News Beat ​[[{“value”:” It’s called the “solar coaster:” The ups and downs the industry faces as solar-friendly policies ebb and flow. And in North Carolina, rooftop installers are in the middle of one wild ride. On the heels of cutting bill credits for residential solar panels in October, Duke Energy is now poised to […]

In North Carolina, Duke Energy to offer rebates for rooftop solar paired with batteries

Energy News Beat ​[[{“value”:” It’s called the “solar coaster:” The ups and downs the industry faces as solar-friendly policies ebb and flow. And in North Carolina, rooftop installers are in the middle of one wild ride. On the heels of cutting bill credits for residential solar panels in October, Duke Energy is now poised to […]

In North Carolina, Duke Energy to offer rebates for rooftop solar paired with batteries

Energy News Beat   It’s called the “solar coaster:” The ups and downs the industry faces as solar-friendly policies ebb and flow. And in North Carolina, rooftop installers are in the middle of one wild ride. On the heels of cutting bill credits for residential solar panels in October, Duke Energy is now poised to […]

TotalEnergies reports lower LNG earnings, sales

Energy News Beat France’s TotalEnergies said on Wednesday that the company’s integrated LNG business logged a decline in its adjusted net operating income in the fourth quarter of 2023 due to lower prices. The company’s integrated LNG adjusted net income reached about $1.46 billion in the fourth quarter, a drop of 40 percent compared to […]

Venezuelan oil sanctions to return in April – Or will they be pushed out?

Energy News Beat The US has announced the expiration of Venezuela’s oil sanctions exemption in April. Last October, Washington issued a six-month general licence for transactions involving Venezuela’s oil and gas sector following an electoral roadmap agreement signed by Venezuelan president Nicolas Maduro and opposition politicians in Barbados. Since then, Maduro has not stuck to […]

Europe to give shipping priority access to greener fuels

Energy News Beat The European Commission published on Tuesday its proposal for a 2040 climate target laying out the pathway to make the European Union climate neutral by 2050 with shipping shown its green pathway, and a noticeable rapprochement with the industry’s global regulator, the International Maritime Organization (IMO). European shipowners welcomed the commitment of […]

Twin strikes take Houthi ship attacks to the 50 mark

Energy News Beat Suez Canal Authority With more missiles yesterday the Houthis took their merchant ship strikes to the 50 mark, underlining the severity of the security situation in Middle Eastern waters where US-led counterstrikes have failed to deter the Yemenis. In total six missiles were fired yesterday, three at the Star Nasia kamsarmax belonging […]

Shadow fleet faces tricky path to the breaker’s torch

Energy News Beat With the numbers of the so-called shadow tanker fleet peaking 10 months ago, there’s now evidence that many of the oldest vessels are being primed for scrap, though getting a good demo price for these sanctions-busting ships is proving hard. The 25-year-old Bradley aframax is now headed on its final voyage to […]

Ørsted to cut up to 800 jobs and exit some offshore wind markets

Energy News Beat Ørsted Danish offshore wind giant Ørsted is cutting jobs and exiting several markets after a “substantially challenging” 12 months and massive impairments and additional costs related to its US offshore projects. Ørsted said Wednesday it would withdraw from markets in Norway, Spain, and Portugal and cut as many as 800 jobs to […]

Daily Energy Standup Episode #303 – Coal’s Resurgence, EV Challenges, and BP’s Strategy

Energy News Beat Daily Standup Top Stories Biden Makes Coal Great Again As Exports Soar To India February 6, 2024 Stu Turley US thermal coal exporters recorded more than $5 billion in overseas sales in 2023, shipping upwards of 32.5 million metric tons of the high-polluting power fuel, according to Reuters, citing data from ship-tracking firm Kpler. […]