Coal/gas Switching in EU Power Market
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As artificial intelligence (AI) continues to revolutionize industries, major tech companies are grappling with the massive energy demands required to power their growing infrastructure. Among them, Google is exploring innovative solutions to meet its energy needs while maintaining its commitment to carbon neutrality by 2030…
The U.S. Supreme Court’s decision to overturn the Chevron doctrine on June 28 has introduced significant legal and regulatory uncertainty for regulated utilities, according to Moody’s Ratings. The Chevron doctrine, established in 1984, had allowed courts to defer to federal agencies’ interpretations of ambiguous laws. Its removal may complicate regulatory processes and create challenges for the power sector…
A rundown of the week’s news and price assessments…
The increasing electricity demand from data centers, driven by the rise of AI technologies, could significantly threaten grid reliability in the United States, according to a recent report by the Conference Board…
Met coal prices are down again, but by less as the deceleration continues leading into August as market participants wait on their saviors in India…
The Environmental Protection Agency (EPA) continues to enforce stringent emissions regulations on the energy sector, including a new rule requiring coal-fired power plants to capture at least 90% of their CO2 emissions…
China has launched an action plan to promote the low-carbon transformation of coal-fired power, co-issued by the National Development and Reform Commission and the National Energy Administration (NEA)…
Global electricity demand is set to grow at its fastest pace in nearly 20 years in 2024, driven by increased air conditioning use due to rising temperatures, the International Energy Agency (IEA) reported today…