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Credit Implications of the Bureau of Ocean Energy Management’s Order to Halt Construction on Empire Wind 1

April 25, 2025 - in Energy, Renewables

On April 16, 2025, the U.S. Bureau of Ocean Energy Management notified Empire Wind 1 (the Project; an offshore wind project expected to have 810 megawatts of capacity upon entering commercial operation) to halt construction with the objective of reviewing…

On Earth Day, Power Over Energy Celebrates 12 Years of Advancing Energy Literacy

April 24, 2025 - in Energy, News

Empowering People Worldwide to Create a More Resourceful World   LIBERTY LAKE, Wash. – Power Over Energy®, an energy literacy initiative backed…

Global transformers market to reach $89.34 billion in 2030, led by Asia-Pacific, forecasts GlobalData

April 23, 2025 - in Electric Grid, Energy, News

The global transformers market is on a strong growth trajectory, projected to reach $89.34 billion in 2030, driven by rising electricity demand, renewable…

Difficult and costly energy transition unless the EU invests in biomass

April 23, 2025 - in Energy, News

Both forestry and agriculture can produce biomass for the energy system. In a cost-optimal European energy system with negative emissions of carbon dioxide, biomass is mainly used to complement the supply of fuels and chemicals for industry, aviation and shipping.…

Global nuclear power capacity to reach 494GW by 2035, driven by advancements in SMRs and clean energy shift, says GlobalData

April 22, 2025 - in Energy, News

The global nuclear power sector has witnessed steady growth in recent years, driven by the need for low-carbon baseload power, energy security, and a renewed interest in decarbonizing industrial sectors. New capacity additions, advancements in reactor technology…

Major step for geothermal energy in Asia – Baseload Capital and Google forge corporate PPA

April 16, 2025 - in Energy, News, Renewables

Long-term partnership to supply Google’s operations in Taiwan with clean, firm geothermal energy–setting a new standard for the tech industry. Global geothermal developer Baseload Capital and Google today announced the signing of the first corporate power…

Fremont Township Awarded $600,000 for Renewable Energy Investment

April 15, 2025 - in Energy, News, Renewables

Fremont Township in Saginaw County wins funding through Renewables Ready Communities Award by developing Eagle Creek Solar Project in partnership with EDP Renewables North America.   Fremont Township, Saginaw County, Michigan, April 15, 2025 - EDP…

Rice and ExxonMobil collaborate to advance global sustainable energy research

April 15, 2025 - in Energy, News, Renewables

Houston, Texas   Master research agreement aims to ‘drive progress that benefits society’ HOUSTON – (April 14, 2025) – Rice University and ExxonMobil have entered into a master research agreement to collaborate on research initiatives focused…

Can District Energy System Issuers Improve Their Credit Profiles by Lessening Their Environmental Impact?

April 8, 2025 - in Energy

Morningstar DBRS has published a commentary that I think might interest you: "Can District Energy System Issuers Improve Their Credit Profiles by Lessening Their Environmental Impact?" District Energy Systems (DES)s generally operate as natural monopolies…

EIC Report Warns of Climate Shortfall as North America Expands Both Renewables and Oil & Gas

April 7, 2025 - in Energy

Solar and wind hit record growth, but surging LNG and oil output threaten 2030 emissions targets, says Energy Industries Council analysis. Houston, TX, 7 April – North America’s energy sector is charting two paths: a historic surge in renewable energy…