South Korea plans to scale down its reliance on renewable energy sources and boost nuclear generation to meet its tougher climate goal
Bloomberg Energy
50K posts
Bloomberg Energy
@BloombergNRG
Breaking energy news from @business
- “This is a molecule crisis. We’re out of everything, I don’t care if it’s oil, gas, coal, copper, aluminum, you name it we’re out of it,” Jeff Currie, the head of commodities research at Goldman Sachs, says
- India is on track to become Europe’s largest supplier of refined fuels this month while simultaneously buying record amounts of Russian crude, according to data from analytics firm Kpler
- Germany will bring several mothballed coal plants back to the market this winter to ensure that Europe’s largest economy can keep the lights on
- Prince William picks the finalists for his $1.3 million Earthshot Prize focused on innovation environmental solutions
- French nuclear generation climbs to the highest level in almost six years, compensating for lower wind-power output in western Europe
- The renewable power industry made people think electricity could always get cheaper. The CEO of the world's biggest wind turbine maker says that was a mistake
- Elon Musk said demand for Tesla vehicles is so high that production needs to increase as much as possible for the rest of December trib.al/j8NhAHz
- Germany is set to close almost half of its nuclear power capacity before the end of the year, putting further strain on European grids already coping with one of the worst energy crunches in the region’s history
- This year, the number of new petroleum-engineering graduates in the US is expected to total about 400 -- an 83% decline from 2017, when they peaked at more than 2,300.
- Prince William’s Earthshot Prize Announces 15 Finalists Focused on Planet-Protecting Solutions
- For the first time, the US is supplying more natural gas to Europe than Russia sends by pipelines
- Alcoa to halt aluminum production at a Spanish plant for two years, the latest casualty of soaring energy prices in Europe
