A relentless second wave of coronavirus cases globally has stopped oil demand recovery in its tracks, but the fresh prospect of increased supply is further raising the stakes for OPEC+.
This food supply sector, also referred to as the “cold chain,” is designated as critical infrastructure and is of vital importance—particularly during the type of public health emergency the world has faced over the past several months, and will continue to face until the pandemic is under control. Commercial and industrial (C&I) refrigerated facilities have
U.S. homes and commercial buildings consume roughly two-fifths of the country’s overall energy and three-fourths of all electricity. The Department of Energy’s $65 million funding for “connected communities” projects that was announced last week is focused on all three parts of this equation. It builds on scores of projects across the country combining high efficiency, electrification and distributed energy resources such
The Metropolitan Water District of Southern California is preparing to build four new battery energy storage systems that will boost the district’s energy resilience and cut operational costs by optimizing solar power and reducing peak load at its facilities. The agency’s board of directors Tuesday voted to authorize $2.2 million to design the battery systems
The world's largest renewable energy developer says it has more projects in the works than it has connected to the grid — including plans for the biggest-ever stand-alone battery storage system. Renewable energy giant NextEra Energy Inc.'s competitive wholesale power unit has inked deals for more than 15,000 megawatts of wind, solar and storage projects,
Markets are increasingly worried about inflation returning as a result of continued low interest rates, which the bank says will likely drive more investment in commodities.
As Tesla ramps electric vehicle production in China and constructs a new auto factory in Germany, Elon Musk envisions 20-million EVs from the company. Getting there could mean going to India next.