The German companies that drive Europe's biggest economy are contemplating painful cuts to their output and resorting to polluting forms of energy previously considered unthinkable as they adjust to the prospect of running out of Russian gas. Reduced Russian deliveries have accelerated efforts across German industry to find alternatives to keep factories running and limit the economic cost.
International Endeavors Corp. (IDVV) entered the almost $1-trillion-dollar global renewable energy industry with its January 2022 acquisition of Universal Voltage, a clean energy company that offers a suite of commercial and residential solar, power backup, and EV2G/Bi-directional charging products.
A power sector union in Sri Lanka said on Wednesday it will go on an indefinite strike from midnight in protest against new government legislation, potentially leading to power blackouts in a country already grappling with its worst economic crisis in decades.
Liquidity Services (LQDT), a leading global commerce company powering the circular economy, in partnership with Apex Auctions, has been selected by a North American energy company to sell equipment through its Capital Assets Group. Over 5,000 items from the canceled project will be available to energy buyers through Liquidity Services online marketplace, AllSurplus.
via InvestorWire -- Golden Triangle Ventures, Inc. (GTVH) is pleased to announce that it has secured a partnership with Electryone Advisors, Inc., authorizing the Company as a distributor of its green microgrid technology which provides a superior alternative energy solution to on-grid and off-grid locations.
Germany, which is trying to cuts its dependence on Russian fossil fuels due to the invasion of Ukraine, plans to set up a gas replacement reserve with coal in the power generation sector to run until March 31, 2024, economy ministry sources said.
German power prices for delivery next Monday fell in Friday trading on the European wholesale market on expectations of increased German and French wind supply. Germany's Monday baseload power price fell to 196.50 euros per megawatt hour as of 1032 GMT, down 5.5% from Friday. The equivalent French price shed 4.7% to 198 euros/MWh.
Australia's vast liquefied natural gas sector is betting its future on carbon capture and storage, a technology it says is vital to decarbonisation and is proven. Convincing everybody else is going to be the tricky part, especially since the only large-scale project of its kind so far hasn't exactly been a resounding success.
By Clyde Russell. Australia's vast liquefied natural gas sector is betting its future on carbon capture and storage, a technology it says is vital to decarbonisation and is proven. Convincing everybody else is going to be the tricky part, especially since the only large-scale project of its kind so far hasn't exactly been a resounding success.
ScottMadden, Inc., one of North Americas leading management consulting firms specializing in energy, has released its latest edition of The Energy Industry Update. In this report, ScottMadden offers the latest on: There are various points of pressure in the utility ecosystem today and in many cases, these are appearing as opposing sides of the same issue.
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